Zinco (midlands) Limited

Zinco Midlands Ltd, based in Walsall, UK, is a small, active company established 39 years ago. With five employees and £327,335 in assets, it’s a long-standing operation boasting a perfect 5.0 Google rating from two reviews. The company operates from a real address and is managed by three directors and two owners. It’s an irregular importer, primarily dealing with miscellaneous metal items, with its last import activity recorded over five years ago in June 2018.

The company’s website showcases a wide range of chains and accessories, catering to diverse applications from hanging baskets to mooring ships. It offers various finishes and materials, including bright zinc plated, hot galvanised, and stainless steel, sold via its online store. Resources like a catalogue and enquiry form are available, and the site clearly states its contact details and location. It seems like a fairly traditional business, focused on supplying hardware and chains.

Financially, Zinco Midlands Ltd presents a mixed picture. While cash bank on hand decreased by 22% to £89,000, creditors also fell by 3.2% to £360,000, suggesting some improvement in debt management. However, bank borrowings increased by 41% to £14,000, and trade debtors rose by 11% to £210,000, indicating potential challenges in collecting payments. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity by 59% to £2,500 is a notable concern. The lack of an auditor mentioned (likely exempt as a small company) means these are unaudited figures.

Overall, Zinco Midlands Ltd appears to be a stable, long-standing business, but the financial data hints at some pressures. The company’s focus on a niche market and its strong Google rating suggest a loyal customer base, but careful financial management will be crucial for its continued success.

Registered in England/Wales under the registration number 01980848, with a registered address at WS1 1XB, Walsall, West Midlands, Midland House, Lower Forster Street.

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