Ultimate Metals Limited

Ultimate Metals Ltd, based in London, UK, is a small, active company founded 19 years ago. With five employees and £980,044 in assets, it operates from a virtual address—a point to note as nineteen companies are registered at the same location. The business is run by two directors and a solo founder, Edgar Neil Henry, who also owns the company.

The company’s core business revolves around importing and exporting various base metals and cermets. It’s a regular importer, with 48 months of import activity recorded, the latest in January 2025, and a regular exporter, with 21 months of export activity, the latest in June 2023. Ultimate Metals operates within the wholesale of metals and metal ores industries, and its website highlights a focus on supplying speciality materials to sectors like aerospace, defence, and engineering. It even offers bespoke alloy metals, with clients spanning the USA, India, and Europe. The website also features a periodic table showcasing its product range, including Hafnium, Vanadium, and Tungsten.

Financially, Ultimate Metals Ltd presents a mixed picture. While current assets remain stable at £980,000, cash bank on hand has decreased by 32% to £300,000. Trade debtors have significantly increased by 41% to £640,000, which could indicate challenges in collecting payments. On the positive side, creditors have decreased by 12% to £260,000, suggesting improved debt management. The company’s net assets have also dropped by 3.1% to £700,000. It’s a small company, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's a notable increase in other taxation and social security payable, up 110% to £54,000. With no auditor mentioned, the figures rely on unaudited statements.

The company’s financial trends suggest it’s not burning through money rapidly, but it's not experiencing significant growth either. The increase in trade debtors warrants further attention, and the decrease in cash reserves could indicate a need to manage working capital more effectively. Overall, Ultimate Metals Ltd appears to be a stable, albeit modest, operation navigating the challenges of the metals trading market.

Registered in England/Wales under the registration number 05499013, with a registered address at NW4 4AB, England, London, Chancellors House, 3 Brampton Lane.

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