V.s.n.(steels)limited

Vsn Steels Ltd from Birmingham UK is a small, active company founded 63 years ago, back in 1961. With 33 employees and £3,390,262 in assets, it's a well-established player in the steel industry. The company operates from a real address and is led by three directors and one owner, boasting a perfect 5.0 Google rating from a single review. It regularly imports iron or steel products, with the most recent activity recorded six months ago.

Vsn Steels specializes in the manufacture of other fabricated metal products, and its website details a comprehensive range of steel services. It's a steel profiler and surface grinder, offering profile cutting, steel milling, grinding, heat treatment, and shot blasting. The company caters to heavy industry, providing steel plate for various applications, and even offers services like CNC profile cutting and self-play system integrations. It’s a family-run business, and it prides itself on British craftsmanship.

Financially, Vsn Steels shows some interesting trends. Current assets decreased by 16%, dropping to £3,400,000, while net assets increased by 3.5%, reaching £4,100,000. Bank borrowings decreased by 37%, and cash reserves increased by 12%, rising to £830,000. Creditors also decreased by 35%, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is likely due to its small size, meaning the figures are unaudited.

The company’s financial stability seems to be holding, with a positive net asset increase. However, the decrease in current assets and the increase in bank borrowings could indicate some short-term pressures. It’s a well-established company with a long history, and its focus on specialized steel processing services seems to be a key differentiator in the market.

Registered in England/Wales under the registration number 00706440, with a registered address at B6 7SS, Birmingham, West Midlands, 395/397 Lichfield Road, Aston.

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