Back to search

Steel 24 Ltd

13782955

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Rutland House, Minerva Business Park, Lynch Wood, Peterborough, PE2 6PZ
Incorporated 06/12/2021

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

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

Officers

Paul Coady

director · Since 12/06/2024

British · England · Age 44

Benjamin Read

director · Since 12/06/2024

British · England · Age 45

Former

Constantin-Raul Popescu

director · Resigned 12/06/2024

Persons with Significant Control

Former PSCs

Mr Constantin-Raul Popescu

Ceased 07/06/2024

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Rutland House
2026-06-05

RUTLAND HOUSE

post townPeterborough
2026-06-05

PETERBOROUGH

officer appointedCOADY, Paul
2026-06-05
officer appointedREAD, Benjamin
2026-06-05

CompanyRankvs 446+ SIC 24100 peers
32

Financial strength22th percentile among SIC peers · 6/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength6/25 pts

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

Employees4/15 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.

Longevity5/15 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 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£565k

Working capital

Current Assets

£271k

Current Liabilities

£836k

Fixed Assets

£201k

Debtors

£203k

0avg. employees-3

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£364k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.32
20230.43
20220.44

Derived from filed accounts. Not audited figures.