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Underwood Steel Stockholders Limited

01286257

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE STEEL CENTRE, WORCESTER, WR4 9FA
Incorporated 12/11/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products
43999
Specialised construction activities
46720
Wholesale of metals and metal ores

Officers

Mr Mark Cridlan Underwood

director · Since 19/08/2016

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

William Underwood

director · Since 01/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Dennis John Mcdonald

secretary · Since 01/02/2024

Persons with Significant Control

Mr Mark Cridlan Underwood

Significant control

British · United Kingdom · Age 63

The Steel Centre, Wainwright Road, Worcester, WR4 9FA

Notified 06/04/2016

Mr Richard Frederick Underwood

Significant control

British · England · Age 65

The Steel Centre, Wainwright Road, Worcester, WR4 9FA

Notified 06/04/2016

Former PSCs

Mr David Peter Underwood

Ceased 31/12/2021

Charges2 outstanding

charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 07/03/2000Registered 09/03/2000Satisfied 01/11/2010
charge
outstanding

MIDLAND BANK PLC

Created 05/02/1999Registered 10/02/1999
charge
outstanding

MIDLAND BANK PLC

Created 20/10/1988Registered 31/10/1988

CompanyRankvs 412+ SIC 25990 peers
75

Financial strength83th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£669k

Balance sheet strength

Cash

£300

Cash in the bank

Net Current Assets

£616k

Working capital

Current Assets

£956k

Current Liabilities

£340k

Fixed Assets

£71k

Debtors

£789k

23avg. employees

Balance Sheet

Assets less current liabilities£687k
Signed by 01286257 2024-01-01 2024-12-31 01286257 2024-12-31 01286257 core:RetainedEarningsAccumulatedLosses 2024-12-31 01286257 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.81+£37k
20232.63+£36k
20222.29+£12k
20212.16+£27k
20202.66-£6k
20192.44+£36k
20182.38+£52k
20172.04

Derived from filed accounts. Not audited figures.