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Davro Steel Limited

00471310

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 9, HAYES TRADING ESTATE, HALESOWEN, B63 2RR
Incorporated 28/07/1949

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Richard Evans

director · Since 31/08/1995

SALES MANAGER

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Simon Alexander Evans

secretary · Since 03/11/2006

BRITISH · UNITED KINGDOM · Age 52

Mr Mark Christopher Noel

director · Since 07/02/2014

FINANCIAL CONTROLLER

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mrs Colette Marie Evans

director · Since 17/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Greg Anthony

director · Since 02/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 44

Mrs Amelia Jane Carter

director · Since 02/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Ricol Holdings Limited

50–75% shares

Overdale, 2a Shepley Road, Barnt Green, B45 8JW

Reg: 09520449 · Companies House · Limited Company

Notified 11/04/2017

Mr Richard Evans

75–100% shares
75–100% votes

British · England · Age 60

Unit 9, Hayes Trading Estate, Hingley Road, Halesowen, B63 2RR

Notified 11/02/2025

Former PSCs

Mr John Keith Davenport

Ceased 10/04/2017

Charges4 outstanding

Charge
outstanding

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satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

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LLOYDS BANK PLC

Created 26/04/1994Registered 16/05/1994Satisfied 10/05/2022
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CLOSE BROTHERS LIMITED

Created 14/07/1993Registered 23/07/1993Satisfied 22/12/2012
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satisfied

CLOSE BROTHERS LIMITED

Created 24/06/1992Registered 02/07/1992Satisfied 22/12/2012
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satisfied

LLOYDS BANK PLC

Created 25/09/1985Registered 12/10/1985Satisfied 06/10/2020
charge
satisfied

LLOYDS BANK PLC

Created 23/04/1971Registered 05/05/1971Satisfied 04/03/2015
charge
satisfied

LLOYDS BANK PLC

Created 21/08/1970Registered 07/09/1970Satisfied 12/11/2014
charge
satisfied

LLOYDS BANK PLC

Created 03/10/1969Registered 16/10/1969Satisfied 12/11/2014

CompanyRankvs 368+ SIC 46720 peers
50

Financial strength97th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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368Davro Steel Limited
70
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£11.1M

Balance sheet strength

Cash

£6.2M

Cash in the bank

Profit Before Tax

£398k

Bottom line earnings

Net Current Assets

£7.0M

Working capital

Current Assets

£34.7M

Current Liabilities

£27.8M

Fixed Assets

£5.0M

Debtors

£23.0M

Cost of Sales

£81.6M

Admin Expenses

£4.7M

Profit After Tax

£284k

0avg. employees-32

Tax at Year End

Corp tax£0
Dividends paid£233k

People Costs

Wages & salaries£2.0M

Balance Sheet

Assets less current liabilities£11.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.25+£601k
20241.28—

Derived from filed accounts. Not audited figures.