Bright Steels Limited
00159061
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/05/2026
Due 18/05/2027
Industry
Officers
director · Since 31/05/1991
DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 2 other boards
secretary · Since 28/04/2006
DIRECTOR
UNITED KINGDOM · UNITED KINGDOM · Age 72
Also on 2 other boards
director · Since 05/10/2012
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 45
Persons with Significant Control
Mrs Annabel Clare Roberts
British · England · Age 70
Norton Works, North Yorkshire, YO17 9BD
Notified 06/04/2016
Mrs Melinda Jane Mcdonald
British · England · Age 67
Norton Works, North Yorkshire, YO17 9BD
Notified 06/04/2016
Mr Lindsay Paul Chouler
British · England · Age 72
Norton Works, North Yorkshire, YO17 9BD
Notified 06/04/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
WESTMINSTER BANK LIMITED
WESTMINSTER BANK LIMITED
WESTMINSTER BANK LIMITED
CompanyRankvs 15+ SIC 24310 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/12/2024
Turnover
£18.2M
Annual revenue
Net Worth
£12.8M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
£387k
Bottom line earnings
Net Current Assets
£8.7M
Working capital
Current Assets
£11.3M
Current Liabilities
£2.6M
Fixed Assets
£5.1M
Debtors
£4.2M
Cost of Sales
£13.6M
Gross Profit
£4.6M
Admin Expenses
£2.3M
Operating Profit
£368k
Profit After Tax
£263k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.31 | -£143k |
| 2023 | 3.85 | +£55k |
| 2022 | 2.58 | +£1.4M |
| 2021 | 2.21 | +£570k |
| 2020 | 5.40 | -£105k |
| 2019 | 5.37 | -£368k |
| 2018 | 2.63 | +£425k |
| 2017 | 3.67 | — |
Derived from filed accounts. Not audited figures.