Tinmasters Limited

Tinmasters Limited, based in Swansea, UK, is a sizable company with an active status, having been incorporated fourteen years ago in July 2010. Employing seventy-eight people and holding assets valued at £5,789,123, the company operates from a real address and is overseen by four directors and one owner. Its Google rating stands at a respectable 4.0 based on seventeen reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with a history of fifty-eight months of imports, and exports miscellaneous metal items, totaling fifty months of exports.

The company is a manufacturer of light metal packaging industries. Its website doesn’s offer much detail, and there’s no evidence of e-commerce activity. It appears to be a business-to-business operation, supplying metal packaging components or finished products to other manufacturers.

Financially, Tinmasters Limited’s recent performance presents a mixed picture. While cash bank on hand has increased significantly by 240%, reaching £1,100,000, current assets have decreased by 30% to £5,800,000. Bank borrowings have fallen dramatically by 54%, now at £640,000, and net assets have dropped by 13% to £5,900,000. Creditors have also decreased by 25%, suggesting improved debt management. The company meets two of the three criteria to be considered a large company: turnover more than £36 million, balance sheet total more than £18 million, employees more than 250. The decline in net assets, however, is concerning and could indicate increased costs or reduced profitability. UHY Hacker Young conducted the audit.

The company’s ability to maintain its export activity, despite the financial pressures, suggests a strong customer base and a resilient product offering. The decrease in bank borrowings is a positive sign, but the ongoing decline in net assets warrants close monitoring.

Registered in England/Wales under the registration number 07331961, with a registered address at SA5 7LN, United Kingdom, Swansea, Tinmasters Bryntywod, Llangyfelach.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.