35 active UK companies are classified under cold drawing of wire (SIC code 24340), a specialised sector. This sector falls under Section C — Manufacturing — of the UK Standard Industrial Classification. The sector has a relatively low 5% dissolution rate — 35 of 40 registrations remain active. The sector is experiencing rapid growth, with 250% of active businesses incorporated since 2020 — indicating strong recent demand. The average company in this sector is 19.7 years old, suggesting established and stable operators. The sector's longest-standing company was incorporated in 1892.
Source: Companies House register via UVAGATRON, October 2026
A rapidly growing sector with 250% of active companies formed since 2020.
The cold drawing of wire sector has a <Link href="/glossary/company-dissolution">5% dissolution rate</Link>. The average active company in this sector is 19.7 years old.
Companies in the cold drawing of wire sector have been awarded 2 government contracts worth £0.3M in total.
There are 35 active companies classified under SIC code 24340 (Cold drawing of wire) in the UK, out of 40 total registered.
SIC code 24340 stands for "Cold drawing of wire". It belongs to Section C — Manufacturing of the UK Standard Industrial Classification.
Company locations vary across the UK.
The average active cold drawing of wire company in the UK is 19.7 years old, with the oldest registration dating back to 1892.
Our database contains 455 data signals across 9 categories for active cold drawing of wire companies. The largest category is Governance with 160 signals from 5 government sources.
5.9M companies, 50M+ signals from 53 government sources. Risk scores, director networks, entity analysis.