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Bromford Iron Ltd

12202432

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

VULCAN HOUSE, C/O ALL STEELS TRADING LTD, THIRSK, YO7 3BT
Incorporated 12/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mrs Kim Heidi Mcdougall

director · Since 12/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mr Laurence John Mcdougall

director · Since 12/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 9 other boards

Mr Matthew John Rhodes

director · Since 12/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 4 other boards

Mr Lee Alexander White

director · Since 01/08/2021

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Alexander John Mcdougall

director · Since 24/06/2026

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Laurence John Mcdougall

75–100% shares
75–100% votes
Appoint directors

British · England · Age 62

Vulcan House, C/O All Steels Trading Ltd, York Road, Thirsk, YO7 3BT

Notified 12/09/2019

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/02/2020Registered 19/02/2020
Charge
outstanding

HSBC UK BANK PLC

Created 18/02/2020Registered 19/02/2020
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 08/11/2019Registered 08/11/2019
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 08/11/2019Registered 08/11/2019
Charge
outstanding

ALL STEELS TRADING LIMITED

Created 23/09/2019Registered 24/09/2019

CompanyRankvs 254+ SIC 24100 peers
40

Financial strength69th percentile among SIC peers · 17/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees15/15 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.

Longevity7/15 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

concern can be attributed to a combination of strategic restructuring and a more favourable trading environment. After a period of financial distress that cast doubt on its ability to continue trading, the C

Key FinancialsYear ending 31/12/2024

Net Worth

£100k

Balance sheet strength

Cash

£49k

Cash in the bank

Profit Before Tax

-£1.7M

Bottom line earnings

Net Current Assets

-£2.0M

Working capital

Current Assets

£5.6M

Current Liabilities

£7.6M

Fixed Assets

£764k

Debtors

£1.8M

Admin Expenses

£1.2M

Profit After Tax

-£1.6M

48avg. employees

People Costs

Wages & salaries£1.7M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£926k
Assets less current liabilities-£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.74

Derived from filed accounts. Not audited figures.