Wentworth Steels Limited

Wentworth Steels Ltd from Barnsley UK: a small, active company founded 20 years ago, employs 11 people, and holds £2,464,315 in assets. It’s a family business with five directors and three owners, operating from a real address. The company regularly imports and exports iron and steel – 92 months of import activity and 9 months of export activity recorded, the latest in February 2025 for imports and January 2025 for exports.

Wentworth Steels Ltd operates as an agent specializing in the sale of other particular products, and it’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company's website is not available for review.

A review of Wentworth Steels Ltd’s financial data reveals some concerning trends. Accumulated depreciation has increased, with a 9.1% rise in Land Buildings and a 12% increase in Other Property Plant Equipment. Bank borrowings have surged by a significant 37%, reaching £360,000, while cash reserves have plummeted 63% to just £490. Creditors have also decreased by 14%, suggesting better debt management. Equity has fallen by 12%, dropping to £1.6 million. Despite these challenges, the company’s net current assets have also decreased by 16%. The company’s trade debtors have increased by 1.4%, and the company’s other debtors have increased by a massive 6600%.

While the company’s small size allows for agility, the decline in equity and cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s unclear what the company’s long-term strategy is, but it’s clear that it’s facing some financial headwinds.

Registered in England/Wales under the registration number 05371864, with a registered address at S74 0PB, Barnsley, South Yorkshire, 66-68 Hoyland Road, Hoyland Common.

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