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B.S. Steels Limited

03136951

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

1580 PARKWAY SOLENT BUSINESS PARK, FAREHAM, PO15 7AG
Incorporated 12/12/1995

Compliance

Last accounts

30/11/2023

total exemption full

Next accounts due

31/08/2025

Overdue

Confirmation statement

Last: 24/02/2024

Due 10/03/2025

Overdue

Industry

25110
Manufacture of metal structures and parts of structures
33110
Repair of fabricated metal products

Officers

Jackie Nicholson

secretary · Since 23/02/2017

Jackie Nicholson

director · Since 20/01/2017

British

Roger Slade

director · Since 20/01/2017

British

Louise Thew

director · Since 12/08/2020

British

Nicola Williams

director · Since 25/10/2011

British

Former

Helene Redman

nominee secretary · Resigned 12/12/1995

Marilyn Ann Richardson

secretary · Resigned 25/10/2011

Christopher Hackett

nominee director · Resigned 12/12/1995

John Peter Lumb

director · Resigned 25/10/2011

Marilyn Ann Richardson

director · Resigned 25/10/2011

Insolvency History1 case

in administration

Carl Derek Faulds (practitioner) · Stewart Goldsmith (practitioner)

CompanyRankvs 1190+ SIC 25110 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength23/25 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2023

Net Worth

£1.7M

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.7M

Current Liabilities

£1.2M

Fixed Assets

£418k

Debtors

£1.4M

37avg. employees+7

Balance Sheet

Bank loans & overdrafts£134k
Assets less current liabilities£1.8M
Signed by 03136951 2022-12-01 2023-11-30 03136951 2023-11-30 03136951 bus:CompanySecretary 1 1 2023-11-30 03136951 bus: 1 1 2023-1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20232.14+£325k
20212.26

Derived from filed accounts. Not audited figures.