Phoenix Steel Limited
03552674
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
full
Next accounts due
29/06/2026
Confirmation statement
Last: 10/02/2026
Due 24/02/2027
Industry
Officers
director · Since 01/10/1998
MANAGER
BRITISH · UNITED KINGDOM · Age 62
Also on 3 other boards
director · Since 11/04/2008
STEEL SALES
BRITISH · ENGLAND · Age 58
Also on 1 other board
Persons with Significant Control
Phoenix Steel Holdings Limited
Amos Ayre Place, Simonside Industrial Estate, South Shields, NE34 9PB
Reg: 08620120 · Companies House · Private Company Limited By Shares
Notified 06/04/2025
Former PSCs
Mr James Mullen
Ceased 06/04/2016
Charges1 outstanding
LOMBARD NORTH CENTRAL PLC
LLOYDS TSB BANK PLC
CompanyRankvs 105+ SIC 24200 peers70
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
Key FinancialsYear ending 30/09/2024
Net Worth
£9.0M
Balance sheet strength
Cash
£5.4M
Cash in the bank
Profit Before Tax
£214k
Bottom line earnings
Net Current Assets
£7.3M
Working capital
Current Assets
£10.4M
Current Liabilities
£3.1M
Fixed Assets
£2.4M
Debtors
£2.9M
Cost of Sales
£12.6M
Admin Expenses
£1.9M
Profit After Tax
£151k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.35 |
Derived from filed accounts. Not audited figures.