Back to search

Priory Steel Group Limited

02940278

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

CENTRAL TRADING ESTATE UNITS 27 - 29, WOLVERHAMPTON, WV2 2RL
Incorporated 17/06/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

secretary · Since 01/09/1994

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 19 other boards

Mr Brian Harry Davies

director · Since 01/09/1994

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 19 other boards

Jeremy Cross

director · Since 08/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

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
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/09/1997Registered 17/09/1997Satisfied 20/10/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/09/1997Registered 17/09/1997
charge
satisfied

TRADE INDEMNITY-HELLER COMMERCIAL FINANCE LIMITED

Created 26/10/1994Registered 28/10/1994Satisfied 11/04/2009
charge
satisfied

LLOYDS BANK PLC

Created 01/09/1994Registered 12/09/1994Satisfied 11/04/2009

CompanyRankvs 63+ 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
Show leaderboard
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-1

Balance Sheet

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

EstimatesDerived

YearCurrent RatioImplied Profit
20252.77+£5k
20242.79+£9k
20232.41+£5k
20222.01+£4k
20212.05+£3k
20202.24+£7k
20192.15

Derived from filed accounts. Not audited figures.