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C. & S. (Neath) Steel Services Limited

01433695

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

EXCELSIOR WORKS, NEATH, SA11 1LJ
Incorporated 29/06/1979

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 14/12/2025

Due 28/12/2026

On track

Industry

24320
Cold rolling of narrow strip
24330
Cold forming or folding

Officers

Mr Jeffrey James Payne

director · Since 14/12/1991

DIRECTOR

BRITISH · WALES · Age 72

Also on 1 other board

Laura Sian Stephenson

secretary · Since 28/10/2024

Persons with Significant Control

C. & S. Holdings South Wales Limited

75–100% shares
75–100% votes

Excelsior Works, Canal Road, Neath, SA11 1LJ

Reg: 12498762 · Companies House · Limited By Shares

Notified 04/03/2020

Former PSCs

Mr Jeffrey James Payne

Ceased 04/03/2020

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 15/06/2010Registered 18/06/2010
charge
outstanding

HSBC BANK PLC

Created 27/04/2010Registered 30/04/2010
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")

Created 10/03/2010Registered 13/03/2010
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")

Created 10/03/2010Registered 13/03/2010
charge
satisfied

BARCLAYS BANK PLC

Created 06/02/1995Registered 16/02/1995Satisfied 21/09/2010
charge
satisfied

BARCLAYS BANK PLC

Created 11/09/1984Registered 24/09/1984Satisfied 21/09/2010
charge
satisfied

BARCLAYS BANK PLC

Created 11/09/1984Registered 24/09/1984Satisfied 21/09/2010

CompanyRankvs 15+ SIC 24320 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Protektor Group Uk Limited
90
2Knight Precision Wire Limited
85
3C. & S. (Neath) Steel Services Limited
82
4One Offs Limited
82
5The Metal Ring Company Limited
80
6Shearline Steel Strip Limited
78
7Solarport Systems Limited
76
8West Mercia Sections Limited
75
9Coolair Bus & Rail Limited
74
10Steel Sections (Warley) Limited
72
How is this score calculated?
Financial strength22/25 pts

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

Employees10/15 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 31/08/2024

Net Worth

£2.8M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.4M

Current Liabilities

£773k

Fixed Assets

£198k

Debtors

£918k

10avg. employees+2

Tax at Year End

Corp tax£29k

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.43-£22k
20234.59+£122k
20222.52+£201k
20212.48+£566k
20204.44+£281k
20192.60+£43k
20182.71—

Derived from filed accounts. Not audited figures.