Shearline Steel Strip Limited
04969312
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 19/11/2025
Due 03/12/2026
Industry
Officers
director · Since 07/06/2018
DIRECTOR
ENGLISH · ENGLAND · Age 48
Also on 3 other boards
Former
corporate nominee director · Resigned 19/11/2003
corporate nominee secretary · Resigned 19/11/2003
director · Resigned 01/01/2007
director · Resigned 01/01/2007
director · Resigned 31/12/2007
director · Resigned 31/12/2008
director · Resigned 07/09/2017
secretary · Resigned 07/06/2018
director · Resigned 28/06/2018
director · Resigned 01/07/2020
Persons with Significant Control
Mr Marc Torsten Oehler
German · Germany · Age 54
Head Office, Bilstein Gmbh&Co Kg, Hagen
Notified 01/05/2016
Charges2 outstanding
BILSTEIN BETEILIGUNG GMBH
HSBC BANK PLC
LLOYDS TSB BANK PLC
Change History
Active
Private Limited Company
UNIT 3 GIBBONS IND PARK
KINGSWINFORD
CompanyRankvs 15+ SIC 24320 peers62
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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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£11.3M
Annual revenue
Net Worth
£4.8M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£374k
Bottom line earnings
Net Current Assets
£2.6M
Working capital
Current Assets
£7.0M
Current Liabilities
£4.4M
Fixed Assets
£2.8M
Debtors
£1.9M
Cost of Sales
£9.8M
Gross Profit
£1.4M
Admin Expenses
£1.0M
Operating Profit
£396k
Profit After Tax
£272k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.59 | +£272k |
| 2023 | 1.44 | +£316k |
| 2022 | 1.29 | +£438k |
| 2021 | 1.27 | — |
Derived from filed accounts. Not audited figures.