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Steelcitus Ltd

10330376

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

First Floor, 107 George Lane, South Woodford, London, E18 1AN
Incorporated 15/08/2016

Previously known as

123hydro Ltd · until 07/10/2025
Eurogreen Ltd · until 05/02/2019

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

46900
Non-specialised wholesale trade
47190
Other retail sale in non-specialised stores

Officers

Mr Sarunas Norvaisis

director · Since 28/07/2022

COMPANY DIRECTOR

LITHUANIAN · ENGLAND · Age 42

Also on 4 other boards

Sarunas Norvaisis

director · Since 28/07/2022

Lithuanian · England · Age 42

Former

Tomas Valevicius

director · Resigned 12/09/2016

Sarunas Norvaisis

director · Resigned 04/06/2019

Arturas Tiurinas

director · Resigned 17/09/2019

Tomas Ziugzlys

director · Resigned 24/03/2020

Kazimieras Susmara

director · Resigned 28/07/2022

Persons with Significant Control

Mr Sarunas Norvaisis

25–50% shares
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Lithuanian · England · Age 42

First Floor, 107, George Lane, London, E18 1AN

Notified 01/03/2021

Former PSCs

Ss Storage

Ceased 09/09/2016

Mr Sarunas Norvaisis

Ceased 10/08/2020

Mr Jonas Kazlauskas

Ceased 13/06/2022

Mr Kazimieras Susmara

Ceased 28/07/2022

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 26/10/2018Registered 29/10/2018

Change History

statusactive
2026-06-27

Active

typeltd
2026-06-27

Private Limited Company

address line1First Floor, 107 George Lane
2026-06-27

FIRST FLOOR, 107 GEORGE LANE

post townLondon
2026-06-27

LONDON

CompanyRankvs 15997+ SIC 46900 peers
27

Financial strength12th percentile among SIC peers · 3/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/08/2025

Net Worth

-£4k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£231k

Working capital

Current Assets

£22k

Current Liabilities

£253k

Fixed Assets

£324k

1avg. employees

Tax at Year End

VAT£3k

Balance Sheet

Assets less current liabilities£92k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.09+£27k£61k
20240.03-£1k£104k
20230.22£76k

Derived from filed accounts. Not audited figures.