West Steel Fabrications Limited
10140070
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/04/2016
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 4 other boards
Persons with Significant Control
Mr Steven Roger Williams
British · England · Age 62
West Steel Fabrications Lts, Unit 4-5 Cromwell Center, Hainault, IG6 3UG
Notified 21/04/2016
CompanyRankvs 5574+ SIC 25990 peers36
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2024
Net Worth
-£26k
Balance sheet strength
Cash
£21k
Cash in the bank
Net Current Assets
-£24k
Working capital
Current Assets
—
Current Liabilities
£45k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£1 |
| 2023 | 0.47 | +£65k |
| 2022 | 0.70 | -£53k |
| 2021 | 2.27 | -£13k |
| 2020 | 0.67 | -£27k |
| 2019 | 0.97 | — |
| 2018 | 0.92 | — |
Derived from filed accounts. Not audited figures.