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Neils Steels Ltd

04145441

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

3 QUEEN SQUARE, LONDON, WC1N 3AR
Incorporated 22/01/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Glen Edward Brian Dermott

secretary · Since 07/12/2001

BRITISH

Mr Neil Hugh Dermott

director · Since 07/12/2001

METAL WORKER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Mr Neil Hugh Dermott

75–100% shares

British · England · Age 67

3, Queen Square, London, WC1N 3AR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/11/2020Registered 28/11/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/11/2018Registered 21/11/2018

CompanyRankvs 191+ SIC 25110 peers
65

Financial strength86th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.65× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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191Neils Steels Ltd
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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.

Employees13/15 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

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

and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£891k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£659k

Working capital

Current Assets

£1.1M

Current Liabilities

£399k

Fixed Assets

£610k

Debtors

£1.0M

15avg. employees-2

Tax at Year End(2024)

Corp tax£23k

Balance Sheet

Assets less current liabilities£1.3M
Signed by Mr N H Dermott 23/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.65+£265k
20242.29+£82k
20232.29+£333k
20221.54+£116k
20211.71—

Derived from filed accounts. Not audited figures.