Westgate Stainless And Alloys Limited

  • Small
  • Active
  • 19 years
  • 12 employees
  • £1,902,460 (assets)
  • Real address
  • 3 directors
  • 3 owners
  • Regular importer

Field of Operation

Wholesale of metals and metal ores
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Summary

Westgate Stainless And Alloys Ltd, based in Walsall, UK, is a small, active company founded 19 years ago. Employing 12 people, the business holds £1,902,460 in assets and operates from a real address with three directors and three owners. It’s a regular importer of iron and steel, with 33 months of import activity recorded, the last operation taking place in February 2025.

The company’s primary activity involves the wholesale of metals and metal ores, operating within a competitive market. While a website isn’s available, the business likely relies on direct sales and industry contacts to secure deals. It's probably not an e-commerce operation.

Financially, Westgate Stainless And Alloys Ltd shows a mixed picture. Current assets have decreased by 24% to £1,900,000, while net assets have decreased by 14% to £920,000. Bank borrowings have increased by 11%, reaching £29,000, and cash reserves have fallen 19% to £440,000. Creditors have decreased by 40%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in assets raises questions. There's no auditor mentioned, likely due to its status as a small company.

The company’s financial data indicates a period of adjustment. While it’s managing its debts effectively, the decrease in assets and cash reserves suggests it's burning through money, which is common for startups. The lack of employees is a sign of a lean operation, but the company’s long-standing presence in the industry suggests a degree of stability.

Registered in England/Wales under the registration number 05722924, with a registered address at WS9 8BG, Walsall, Westgate House Middlemore Lane West, Aldridge.

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

Owners & PSC

  • 9 years
  • 25%+
  • 9 years
  • 3
  • 25%+
  • 9 years
  • 3
  • 25%+

Managers

  • 15 years
  • 3
Director
  • 17 years
  • 2
Company director
  • 19 years
  • 3
Company director

Last reports

Download the last financial report
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Last news

  1. Confirmation statement made on 2025-02-27 with no updates
  2. Total exemption full accounts made up to 2024-05-31
  3. Confirmation statement made on 2024-02-27 with no updates
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Importer profile by HS codes

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