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Cash

£593K

-71.9% lowest in 3 filed years

Net assets

£36M

-2.3% vs 2024

Employees

279

-5.7% lowest in 3 filed years

Profit before tax

-£822K

-141.5% lowest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £146,342,000£133,754,000£127,666,000 -4.6%
Operating profit £2,987,000£1,224,000-£1,584,000 -229.4%
Profit before tax £3,291,000£1,980,000-£822,000 -141.5%
Net profit £2,275,000£1,252,000-£839,000 -167%
Cash £3,519,000£2,109,000£593,000 -71.9%
Total assets less current liabilities £47,079,000£44,317,000£47,366,000 +6.9%
Net assets £35,322,000£36,574,000£35,735,000 -2.3%
Equity £35,322,000£36,574,000£35,735,000 -2.3%
Average employees 334296279 -5.7%
Wages £10,326,000£9,534,000£9,477,000 -0.6%
Directors' remuneration £29,237£42,169 +44.2%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 2.0%0.9%-1.2%
Net margin 1.6%0.9%-0.7%
Return on capital employed 6.3%2.8%-3.3%
Gearing (liabilities / total assets) 46.5%50.8%
Current ratio 2.59x2.26x2.37x
Interest cover 7.36x2.10x-2.80x

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.

Name history

Renamed 2 times since incorporation

  1. BRC LIMITED 2008-09-24 → present
  2. BRC REINFORCEMENT (UK) LIMITED 2008-09-04 → 2008-09-24
  3. DE FACTO 1655 LIMITED 2008-08-04 → 2008-09-04

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Directors and auditor confirm financial statements prepared on going concern basis. Directors have assessed company's ability to continue operations for the foreseeable future, noting strong customer base and cost-efficiency measures. Auditor concurs there are no material uncertainties regarding going concern.”

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

People

4 active · 23 resigned

Name Role Appointed Born Nationality
ARNOLD, Holly Secretary 2020-08-01
ARNOLD, Holly Catherine Director 2023-09-01 Feb 1985 Welsh
CERNY, Libor Director 2025-04-11 May 1969 Czech
ROVIRA CAROZ, Carles Director 2022-01-01 Dec 1973 Spanish
Show 23 resigned officers
Name Role Appointed Resigned
DAVIES, John Graeme Secretary 2008-08-27 2008-09-01
PEREZ, Federico Secretary 2016-10-26 2020-08-01
PEREZ CRUZ, Lluis Secretary 2008-11-14 2011-05-10
PUIG, Xavier Secretary 2012-02-01 2016-10-26
TRIAS, Raimon Secretary 2008-09-01 2012-02-01
TRAVERS SMITH SECRETARIES LIMITED Corporate Secretary 2008-08-04 2008-08-27
COOK, Jonathan Charles Director 2008-08-27 2008-08-29
ECHÁVARRI LASA, Javier Director 2024-06-05 2025-03-27
FORT, Alan James Director 2013-05-28 2025-12-31
HUSSEY, David Gordon Director 2008-08-27 2008-09-01
LENG, David Brian Director 2008-08-29 2008-09-01
MCKILLOP, Murdoch Lang Director 2013-06-11 2025-12-31
MESEGUE, Francesc Director 2013-03-27 2023-09-01
MESEGUE, Francesc Director 2008-09-01 2009-01-02
PEREZ CRUZ, Lluis Director 2008-11-14 2011-05-10
PUIG, Xavier Director 2012-02-01 2013-03-27
PUIGGALI, Juan Director 2008-09-01 2012-01-15
RUBIRALTA RUBIO, Francesc Director 2008-09-01 2013-03-27
SANZ VILLARES, Luis Director 2008-09-01 2024-04-02
TRIAS, Raimon Director 2012-02-01 2012-05-01
TRIAS, Raimon Director 2008-09-01 2012-02-01
TRAVERS SMITH LIMITED Corporate Director 2008-08-04 2008-08-27
TRAVERS SMITH SECRETARIES LIMITED Corporate Director 2008-08-04 2008-08-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Sev.En Steel Uk Ltd Corporate entity Shares 25–50%, Voting 25–50% 2025-04-11 Active
Catalunya Steel S.L. Corporate entity Significant influence 2020-06-29 Ceased 2025-04-11
Mr Francecs Rubiralta Rubio Individual Significant influence 2016-04-06 Ceased 2023-12-01
Celsa Steel Service (Uk) Limited Corporate entity Shares 50–75%, Voting 50–75%, Significant influence 2016-04-06 Ceased 2020-06-29
7 Steel Service (Uk) Holdings Limited Corporate entity Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 163 total filings

Date Type Category Description
2026-06-24 AA accounts Accounts with accounts type full
2026-01-05 TM01 officers Termination director company with name termination date PDF
2026-01-05 TM01 officers Termination director company with name termination date PDF
2025-10-07 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-09-29 AA accounts Accounts with accounts type full
2025-09-26 AD01 address Change registered office address company with date old address new address PDF
2025-09-26 AD01 address Change registered office address company with date old address new address PDF
2025-09-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-11 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-23 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-05-23 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-05-08 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-08 MR04 mortgage Mortgage satisfy charge full PDF
2025-04-24 AP01 officers Appoint person director company with name date PDF
2025-03-31 TM01 officers Termination director company with name termination date PDF
2024-07-05 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-05 AA accounts Accounts with accounts type full
2024-06-27 AP01 officers Appoint person director company with name date PDF
2024-04-25 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page