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B.I.L. Steels Limited

02786210

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 EDWIN ROAD HOO FARM INDUSTRIAL ESTATE, KIDDERMINSTER, DY11 7RA
Incorporated 03/02/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Ronald Peter Lees

director · Since 20/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Andrew Sorrell

director · Since 20/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Rowan Acquisitions Limited

75–100% shares
75–100% votes
Appoint directors

Unit 4 Edwin Road, Hoo Farm Industrial Estate, Kidderminster, DY11 7RA

Reg: 16104109 · Companies House · Private Company Limited By Shares

Notified 20/12/2024

Former PSCs

Mr Alan Nicholls

Ceased 17/06/2024

Mr Gary Nicholls

Ceased 17/06/2024

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 20/12/2024Registered 02/01/2025

CompanyRankvs 669+ SIC 25990 peers
72

Financial strength84th percentile among SIC peers · 21/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.67× · 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.

Employees11/15 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 31/03/2025

Net Worth

£731k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£765k

Working capital

Current Assets

£1.2M

Current Liabilities

£457k

Fixed Assets

£2k

Debtors

£1.1M

7avg. employees

Tax at Year End(2022)

Corp tax£44k

Balance Sheet

Assets less current liabilities£767k
Signed by Mr R P Lees Mr A Sorrell 25 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.67+£689
20242.50+£37k
20232.71+£94k
20221.95+£143k
20211.95+£64k
20202.34+£5k
20191.97

Derived from filed accounts. Not audited figures.