Tresman Limited

Tresman Steel is a small, active company based in Mississauga, Ontario, Canada, established thirteen years ago. With a single director and owner, Chitty John Edward, and one employee, the company holds £705,129 in assets. It operates from a substantial facility and raw material yard, and is a regular importer, primarily of iron and steel, with the last import operation recorded in March 2022. The company’s registered address is real, as only three companies share it.

The company's website reveals a long-standing business, originally founded 48 years ago, specializing in structural steel fabrication. Tresman Steel has evolved from a small facility to a 46,000-square-foot fabrication facility and a 47,000-square-foot raw material yard. The website emphasizes quality craftsmanship, recycled steel usage, and LEED certification, showcasing a commitment to sustainability and environmental responsibility. They even restore pianos!

Financially, Tresman Steel’s recent performance presents a mixed picture. Current assets have fallen by 26% to £710,000, and net assets have also decreased by 18% to £220,000. Cash reserves have seen a significant drop of 16%, falling to £660,000. However, trade creditors have dramatically decreased by 81%, suggesting improved debt management. Bank borrowings remain stable, and while other creditors have risen considerably, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor mentioned is typical for a small, exempt company.

Overall, Tresman Steel appears to be navigating a period of change. While asset values have declined, the company’s focus on sustainability and its established reputation in the steel fabrication industry suggest a solid foundation for future growth—although the sharp drop in equity is something to keep an eye on.

Registered in England/Wales under the registration number 07853624, with a registered address at SG1 2FP, United Kingdom, Stevenage, Hertfordshire, Building 15, Gateway 1000 Whittle Way, Arlington Business Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.