PROJECT STEEL BIDCO LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-24 (in 7mo)
Last made up 2025-12-10
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
-£817K
0% vs 2023
Employees
5
0% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
9-year trend · vs Consumer Discretionary median
Accounts
9-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | — | |
| Operating profit | — | £3,474 | — | — | — | — | — | — | — | |
| Profit before tax | — | -£264,383 | — | — | — | — | — | — | — | |
| Net profit | — | -£264,383 | — | — | — | — | — | — | — | |
| Cash | — | — | — | — | — | — | — | — | — | |
| Total assets less current liabilities | — | -£817,297 | — | -£817,166 | — | -£817,158 | — | -£817,158 | -£817,158 | |
| Net assets | — | -£817,297 | — | -£817,166 | — | -£817,158 | — | -£817,158 | -£817,158 | |
| Equity | -£554,654 | -£817,297 | -£817,297 | -£817,166 | -£817,166 | -£817,158 | -£817,158 | -£817,158 | -£817,158 | |
| Average employees | — | 5 | — | 5 | — | 5 | — | 5 | 5 | |
| Wages | — | — | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
0%
-£817,158 -£817,158
-
Employees
0%
5 5
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed | — | -0.4% | — | — | — | — | — | — | — | |
| Current ratio | — | — | — | — | — | — | — | 0.13x | 0.13x | |
| Interest cover | — | 0.01x | — | — | — | — | — | — | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company itself has had no trading activity in the year and this is expected to continue for at least twelve months from the sign off of the financial statements. The only liabilities are those owed to other group companies. On this basis the Company is not expected to have any cash requirements for the foreseeable future and therefore the going concern basis remains appropriate.”
Group structure
- PROJECT STEEL BIDCO LIMITED · parent
- Utility Bidder Holdings Limited 100%
- Utility Bidder Limited 100%
Significant events
- “The Company has not traded during the year or the preceding financial year. During these periods, the Company received no income and incurred no expenditure and therefore made neither profit or loss.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAKER, Nigel Alan | Director | 2020-10-13 | Sep 1968 | British |
| DRAKEFORD, Simon Scott | Director | 2025-11-24 | Oct 1972 | British |
| JONES, Lisa Leanne | Director | 2026-03-20 | May 1973 | British |
| LONGLEY, James Robert | Director | 2018-12-22 | Sep 1976 | British |
| ROBSON, William Henry Mark | Director | 2019-07-24 | Jan 1963 | British |
| WOOD, Gregory Mark | Director | 2018-12-22 | Jul 1953 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KING, Robert Douglas | Director | 2018-12-14 | 2018-12-22 |
| MORGAN, Jeremy Alexander | Director | 2018-12-14 | 2018-12-22 |
| SHAW, Christopher Neville | Director | 2018-12-22 | 2025-07-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Project Steel Midco 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-14 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | AA01 | accounts | Change account reference date company current extended | |
| 2026-05-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-23 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-08-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-12-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-23 | AA | accounts | Accounts with accounts type full | |
| 2022-08-17 | SH01 | capital | Capital allotment shares | |
| 2022-07-27 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-07-26 | SH20 | capital | Legacy | |
| 2022-07-26 | CAP-SS | insolvency | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.