United Steels Limited

United Steels Ltd, based in Kingswinford, UK, is a large company holding a significant position in the steel industry. Established 34 years ago in 1990, the firm boasts 62 employees and holds assets valued at £14.5 million, generating an annual revenue of £26.6 million. It's an active status company with two directors and one owner, maintaining a real address and a Google rating of 3.0 based on six reviews. The company regularly imports iron and steel (75 months) and exports it irregularly (1 month).

The company’s website showcases a focus on steel processing and distribution, offering services like cutting, slitting, and decoiling. It also highlights a steel services, tailored to you. A key element is the company’s transport division, servicing the UK with next-day delivery. Downloads on the website include information sheets, price lists, and certifications, demonstrating a commitment to transparency and quality. The company also offers a Nexus Saving Scheme, and Chairman's Statement.

Financially, United Steels Ltd presents a mixed picture. While current assets increased by 23% to £15 million, net assets decreased by 27% to £2.6 million. Bank borrowings rose by 2.7% to £3.8 million, and cash reserves increased by 110% to £260,000. Creditors decreased by 39% to £8.8 million, indicating improved debt management. The company meets two of three criteria to be considered a large company, with turnover of £27 million, and balance sheet total over £18 million. The company's auditor is Blackthorns, and the accounts are audited.

The increase in bank borrowings and decrease in net assets suggests the company may be investing in growth or facing short-term financial pressures. The decrease in creditors, however, indicates a positive trend in managing its liabilities. The company’s focus on steel processing and transport, combined with its certifications and customer service initiatives, positions it well in the competitive steel market.

Registered in England/Wales under the registration number 02517863, with a registered address at DY6 8XF, England, Kingswinford, West Midlands, Unit 81 Gibbons Industrial Park, Dudley Road.

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