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Universal Steel Ltd

09115700

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

4 CORNHOUSE BUILDINGS, RAYLEIGH, SS6 7UP
Incorporated 03/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Steven Grant Borg

director · Since 01/04/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Steven Grant Borg

50–75% shares
50–75% votes
Appoint directors

British · England · Age 53

45, Pittfields, Basildon, SS16 6RD

Notified 20/07/2016

Mrs Rani Devi May Borg

25–50% shares
25–50% votes

British · England · Age 38

45, Pittfields, Basildon, SS16 6RD

Notified 20/05/2024

CompanyRankvs 33741+ SIC 43999 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

Longevity12/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£198k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£102k

Working capital

Current Assets

£248k

Current Liabilities

£350k

Fixed Assets

£36k

Debtors

£237k

3avg. employees

Tax at Year End

Corp tax£59k

Balance Sheet

Assets less current liabilities-£65k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.71+£0
20250.71-£57k
20241.08-£270k
20230.89-£6k
20221.28+£65k£510k
20210.52+£44k£655k
20200.95+£18k£192k
20190.57-£6k

Derived from filed accounts. Not audited figures.