United Steels Limited
02517863
Some Concerns
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/12/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 08/08/2024
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 3 other boards
Persons with Significant Control
Unico Nxt Gen Limited
Unit 89 Gibbons Industrial Park, Dudley Road, Kingswinford, DY6 8XF
Reg: 15731840 · Companies House · Company Limited By Shares
Notified 08/08/2024
Former PSCs
Mr Geoffrey John Cashmore
Ceased 01/05/2020
United Steels Holding Company Ltd
Ceased 08/08/2024
Charges3 outstanding
UNITED STEELS HOLDING COMPANY LIMITED
USPS GROUP LIMITED
ALDERMORE INVOICE FINANCE A DIVISON OF ALDERMORE BANK PLC
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
GMAC COMMERCIAL FINANCE PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
GMAC COMMERCIAL CREDIT LIMITED
LLOYDS TSB BANK PLC
LLOYDS UDT LIMITED
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS BANK PLC
LLOYDS BOWMAKER LIMITED
LLOYDS BANK PLC
LLOYDS BOWMAKER LIMITED
LLOYDS BANK PLC
CompanyRankvs 475+ SIC 46720 peers44
Show leaderboard
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 31/12/2025
Turnover
£2.0M
Annual revenue
Net Worth
£350k
Balance sheet strength
Cash
£24k
Cash in the bank
Profit Before Tax
£5.2M
Bottom line earnings
Net Current Assets
£350k
Working capital
Current Assets
£350k
Current Liabilities
—
Debtors
£326k
Cost of Sales
£1.7M
Gross Profit
£292k
Admin Expenses
-£4.9M
Operating Profit
£5.2M
Profit After Tax
£5.2M
Tax at Year End
Director Loans(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | — | -£1.7M | — |
| 2024 | 0.76 | -£496k | — |
| 2023 | 1.11 | -£971k | £6.7M |
| 2022 | 1.26 | +£67k | — |
| 2021 | 1.20 | — | — |
Derived from filed accounts. Not audited figures.