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Priory Steel Group Limited

02940278

active
ltd
england wales
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

Central Trading Estate Units 27 - 29, Cable Street, Wolverhampton, WV2 2RL
Incorporated 17/06/1994

Previously known as

Farndean Limited · until 02/09/1994

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 17/06/2026

Due 01/07/2027

On track

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Ian Robert Cross

director · Since 19/07/1994

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 4 other boards

Mr Brian Harry Davies

director · Since 01/09/1994

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 19 other boards

Mr Brian Harry Davies

secretary · Since 01/09/1994

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 19 other boards

Jeremy Cross

director · Since 08/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Ian Robert Cross

director · Since 19/07/1994

British · England · Age 78

Brian Harry Davies

director · Since 01/09/1994

British · England · Age 72

Brian Harry Davies

secretary · Since 01/09/1994

British

Jeremy Cross

director · Since 08/03/2007

British · United Kingdom · Age 59

Former

London Law Secretarial Limited

corporate nominee secretary · Resigned 14/07/1994

London Law Services Limited

corporate nominee director · Resigned 14/07/1994

Robert Gregory Baddeley

secretary · Resigned 01/09/1994

Robert Gregory Baddeley

director · Resigned 01/09/1994

Michael Andrew Collins

director · Resigned 01/09/1994

Persons with Significant Control

Mr Ian Robert Cross

50–75% shares

British · England · Age 78

Central Trading Estate, Units 27 - 29, Wolverhampton, WV2 2RL

Notified 01/01/2017

Charges1 outstanding

charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 05/10/2009Registered 21/10/2009Satisfied 27/05/2021
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/09/1997Registered 17/09/1997

Change History

statusactive
2026-08-24

Active

typeltd
2026-08-24

Private Limited Company

address line1Central Trading Estate Units 27 - 29
2026-08-24

CENTRAL TRADING ESTATE UNITS 27 - 29

post townWolverhampton
2026-08-24

WOLVERHAMPTON

officer appointedDAVIES, Brian Harry
2026-08-24
officer appointedCROSS, Ian Robert
2026-08-24
officer appointedCROSS, Jeremy
2026-08-24
officer appointedDAVIES, Brian Harry
2026-08-24

CompanyRankvs 64+ SIC 46720 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.77× · 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 strength22/25 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 31/12/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£511k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.2M

Current Liabilities

£801k

Fixed Assets

£319k

Debtors

£1.2M

19avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.77+£0
20252.77+£5k
20242.79+£9k
20232.41

Derived from filed accounts. Not audited figures.