P.& D.Northern Steels Limited
00584986
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/05/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 2 other boards
director · Since 09/05/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 8 other boards
secretary · Since 11/02/2022
Persons with Significant Control
P & D Northern Group Limited
Woodstock Distribution Centre, Meek Street, Oldham, OL2 6HL
Reg: 12587208 · England · Limited Company
Notified 07/05/2020
Former PSCs
Mr Peter Damien Martin
Ceased 06/05/2020
Mrs Diane Elizabeth Martin
Ceased 06/05/2020
Charges1 outstanding
RBS INVOICE FINANCE LTD
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
RBS INVOICE FINANCE LIMITED
PETER DAMIEN MARTIN AND DIANE ELIZABETH MARTIN AND UNION PENSION TRUSTEES LIMITED,TOGETHER ASTR
FIVE ARROWS COMMERCIAL FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 32+ SIC 46720 peers67
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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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/10/2024
Net Worth
£5.0M
Balance sheet strength
Cash
£33k
Cash in the bank
Profit Before Tax
-£214k
Bottom line earnings
Net Current Assets
£4.9M
Working capital
Current Assets
£8.6M
Current Liabilities
£3.7M
Fixed Assets
£391k
Debtors
£5.8M
Cost of Sales
£9.4M
Admin Expenses
£1.3M
Profit After Tax
-£157k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.31 | -£457k |
| 2023 | 1.93 | +£320k |
| 2022 | 1.99 | +£1.7M |
| 2021 | 1.57 | +£1.4M |
| 2020 | 1.93 | -£237k |
| 2019 | 2.42 | -£373k |
| 2018 | 1.91 | — |
Derived from filed accounts. Not audited figures.