STAINLESS CUTS & COILS LTD Financials
- Company number
- 04332454CopyCopy
- Registered office
- Unit 3 Bean Road Industrial, Estate Bean Road, Tipton, West Midlands DY4 9AQ
- Incorporated
- 30/11/2001
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-34.42%vs 20232023: £59.40K
Total Assets
-29.77%vs 20232023: £309.11K
Total Liabilities
-28.66%vs 20232023: £249.71K
Employees
-2vs 20232023: 9
In 2024, STAINLESS CUTS & COILS LTD reported net assets of £38.96K. The same filing shows total assets of £217.09K and total liabilities of £178.14K. Reported headcount was 7 in 2024. Total Assets fell from £309.11K in 2023 to £217.09K in 2024 (-29.77%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-34.42%from £59.40K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures STAINLESS CUTS & COILS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-35.6%vs 2022-19.7% a year compound (CAGR)
Total Assets
-26.9%vs 2022-14.5% a year compound (CAGR)
Total Liabilities
-24.7%vs 2022-13.2% a year compound (CAGR)
Employees
-30%vs 2022-3Biggest decrease
Net Assets-35.6%
£60.48K in 2022 to £38.96K in 2024
Every indicator Okredo holds for STAINLESS CUTS & COILS LTD fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from STAINLESS CUTS & COILS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 17.94%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 82.06%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for STAINLESS CUTS & COILS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 55.04K | 60.48K | 59.40K | 38.96K |
| Total Assets£ | 342.10K | 296.90K | 309.11K | 217.09K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 287.06K | 236.42K | 249.71K | 178.14K |
| Employees | 11 | 10 | 9 | 7 |
STAINLESS CUTS & COILS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for STAINLESS CUTS & COILS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
STAINLESS CUTS & COILS LTD reported net assets of £38.96K for 2024. That compares with £59.40K in 2023, a change of -34.42%.
STAINLESS CUTS & COILS LTD reported total assets of £217.09K for 2024. That compares with £309.11K in 2023, a change of -29.77%.
STAINLESS CUTS & COILS LTD reported total liabilities of £178.14K for 2024. That compares with £249.71K in 2023, a change of -28.66%.
STAINLESS CUTS & COILS LTD reported 7 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, STAINLESS CUTS & COILS LTD's net assets fell by 35.6%, total assets fell by 26.9%, total liabilities fell by 24.7% and employee numbers fell by 30%. Net assets contracted at 19.7% a year across the two years to 2024, from £60.48K to £38.96K. Reported headcount went from 10 in 2022 to 7 in 2024 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.