Steel Sections (Warley) Limited
01301924
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
30/09/2025
full
Next accounts due
30/06/2027
Confirmation statement
Last: 07/03/2026
Due 21/03/2027
Industry
Officers
Former
director · Resigned 26/10/2002
director · Resigned 13/12/2010
Persons with Significant Control
Mr Frank Evans
British · United Kingdom · Age 67
Arbor House, Broadway North, Walsall, WS1 2AN
Notified 06/04/2016
Former PSCs
Mrs Marion Elizabeth Evans
Ceased 28/06/2021
Charges1 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
LAMDEC BOARDS LIMITED.
BARCLAYS BANK PLC
ARTHUR HENRY EVANS.
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
STEEL SECTIONS (WARLEY) LTD HOWARD STREET
WEST BROMWICH
CompanyRankvs 10+ SIC 24320 peers52
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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 going concern are d
Key FinancialsYear ending 30/09/2022
Turnover
£23.2M
Annual revenue
Net Worth
£10k
Balance sheet strength
Cash
£7.4M
Cash in the bank
Profit Before Tax
£4.4M
Bottom line earnings
Net Current Assets
£8.5M
Working capital
Current Assets
£13.1M
Current Liabilities
£4.6M
Fixed Assets
£616k
Debtors
£4.5M
Cost of Sales
£16.8M
Gross Profit
£6.4M
Admin Expenses
£1.5M
Operating Profit
£4.4M
Profit After Tax
£3.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 2.84 | -£5.7M |
| 2018 | 2.05 | — |
Derived from filed accounts. Not audited figures.