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Special Steel Sections Limited

04067861

active
ltd
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

Vulcan House, York Road, Thirsk, YO7 3BT
Incorporated 08/09/2000

Previously known as

Legg Brothers (2015) Limited · until 09/04/2015
Legg Brothers Limited · until 08/04/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Laurence John Mcdougall

director · Since 21/06/2006

British · England · Age 62

Matthew John Rhodes

secretary · Since 25/08/2021

Matthew John Rhodes

director · Since 08/04/2022

British · England · Age 38

Former

John Darcy Thompson

director · Resigned 30/08/2018

John Albert Henry Wraith

director · Resigned 31/03/2026

Persons with Significant Control

Special Steel Sections Holdings Limited

75–100% shares
75–100% votes

Vulcan House, York Road, Thirsk, YO7 3BT

Notified 13/10/2016

Former PSCs

Mr Laurence John Mcdougall

Ceased 13/10/2016

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 31/01/2018Registered 31/01/2018
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 11/08/2017Registered 14/08/2017
Charge
outstanding

HSBC BANK PLC

Created 02/08/2017Registered 03/08/2017

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Vulcan House
2026-06-09

VULCAN HOUSE

post townThirsk
2026-06-09

THIRSK

CompanyRankvs 18+ SIC 24100 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.85× · 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 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.6M

Current Liabilities

£529k

Fixed Assets

£49k

Debtors

£1.3M

Profit After Tax

£344k

23avg. employees-2

Tax at Year End

Corp tax£4k
Dividends paid£275k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.85+£145k
20233.46

Derived from filed accounts. Not audited figures.