CHAINBRIDGE STEEL GROUP LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -14.2%

  £20,106,289 → £17,255,236

• Cash

  +10%

  £6,427,515 → £7,071,687

  highest in 3 filed years

• Net assets

  +5.4%

  £10,620,999 → £11,191,385

  highest in 3 filed years

• Employees

  0%

  34 → 34

• Operating profit

  -54.7%

  £1,528,519 → £692,065

• Profit before tax

  -40.9%

  £1,630,983 → £963,153

• Wages

  -15%

  £1,116,168 → £949,201

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CHAINBRIDGE STEEL GROUP LIMITED 2007-02-19 → present
2. MD38 LTD 2006-11-23 → 2007-02-19

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CHAINBRIDGE STEEL GROUP LIMITED · parent
   1. Chainbridge Steel (North East) Ltd 100% · England and Wales
   2. Chainbridge Steel (Scotland) Limited 100% · Lanarkshire, G72 OUZ
   3. Chainbridge Steel (NI) Limited 100% · County Antrim, BT36 4PX

Significant events

• “Turnover decreased by £2.9 million to £17.3 million during the year. The gross profit margin for the year decreased back down to be more in line with pre 2021 levels which had increased as a result of a lack of supply in the market due to COVID-19 restrictions pushing sales prices up.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.