West Country Steel Sheets Limited
15547811
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/03/2024
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 5 other boards
Persons with Significant Control
Mr Philip Michael Daniels
British · United Kingdom · Age 52
The Steam Shop, Pottery Road, Bovey Tracey, TQ13 9TZ
Notified 08/03/2024
CompanyRankvs 1192+ SIC 46720 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 31/03/2025
Net Worth
-£70k
Balance sheet strength
Cash
£51k
Cash in the bank
Net Current Assets
-£202k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.5M
Fixed Assets
£264k
Debtors
£686k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.87 |
Derived from filed accounts. Not audited figures.