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In Steel (Blacksmiths & Fabricators) Limited

04066302

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNITED DOWNS INDUSTRIAL ESTATE, REDRUTH, TR16 5HY
Incorporated 06/09/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
25990
Manufacture of other fabricated metal products
33110
Repair of fabricated metal products
43290
Other construction installation

Officers

Helen Dawn Nicholls

secretary · Since 06/09/2000

BRITISH

Mr Ian Frederick David Nicholls

director · Since 06/09/2000

STEEL FABRICATION

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Ian Frederick David Nicholls

25–50% shares
Significant control

British · England · Age 60

United Downs Industrial Estate, St. Day, Redruth, TR16 5HY

Notified 06/09/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 22/10/2012Registered 31/10/2012
charge
outstanding

BARCLAYS BANK PLC

Created 20/01/2006Registered 21/01/2006
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED TRADING AS ALEX.LAWRIE FACTORS

Created 10/07/2001Registered 28/07/2001Satisfied 24/08/2012

CompanyRankvs 1694+ SIC 25110 peers
52

Financial strength46th percentile among SIC peers · 12/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength12/25 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.

Liquidity6/20 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 30/09/2025

Net Worth

£19k

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

-£134k

Working capital

Current Assets

£301k

Current Liabilities

£435k

Fixed Assets

£435k

Debtors

£198k

31avg. employees-8

Tax at Year End

Corp tax£94k

Balance Sheet

Bank loans & overdrafts£166k
Assets less current liabilities£300k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69+£4k
20240.76-£140k
20221.08-£37k
20211.21

Derived from filed accounts. Not audited figures.