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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-25 (in 4mo)

Last made up 2025-09-11

Watchouts

None on the register

Cash

£49K

-11.1% vs 2023

Net assets

-£1M

-448.5% lowest in 3 filed years

Employees

48

0% vs 2023

Profit before tax

-£2M

-65% lowest in 3 filed years

Accounts

5-year trend · latest reflected 2024-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £14,371,601£17,791,482£12,748,449
Operating profit £726,655-£551,873-£1,610,134
Profit before tax £621,491-£1,040,700-£1,717,173
Net profit £444,270-£1,022,474-£1,559,847
Cash £28,307£54,999£48,877
Total assets less current liabilities £725,212£347,816-£1,212,031
Net assets £617,318£347,816-£1,212,031
Equity £617,318£347,816-£1,212,031
Average employees 584848
Wages £2,031,029£1,861,121£1,743,577
Directors' remuneration £399,657£353,551£314,776

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

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 2020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin 5.1%-3.1%-12.6%
Net margin 3.1%-5.7%-12.2%
Return on capital employed 100.2%-158.7%132.8%
Current ratio 0.94x0.74x
Interest cover 6.91x-1.13x-15.04x

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.

Audit & accounting basis

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

“Notwithstanding the net liabilities position held of £1,212,031 the directors have adopted the going concern basis of preparation in these financial statements. The Company's return to being a going concern can be attributed to a combination of strategic restructuring and a more favourable trading environment... Importantly, the Company's largest creditor and working capital provider, All Steels Trading Limited, has continued to support the business throughout this period of transformation.”

Significant events

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

People

4 active · 0 resigned

Name Role Appointed Born Nationality
MCDOUGALL, Kim Heidi Director 2019-09-12 Dec 1963 British
MCDOUGALL, Laurence John Director 2019-09-12 May 1964 British
RHODES, Matthew John Director 2019-09-12 Jan 1988 British
WHITE, Lee Alexander Director 2021-08-01 Apr 1989 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Laurence John Mcdougall Individual Shares 75–100%, Voting 75–100%, Appoints directors 2019-09-12 Active

Filing timeline

Last 20 of 27 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2019-10-08 RESOLUTIONS Resolution
Date Type Category Description
2026-04-22 AA accounts Accounts with accounts type full PDF
2025-09-11 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-07 AA accounts Accounts with accounts type full
2024-09-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-29 AA accounts Accounts with accounts type full PDF
2023-09-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-30 AA accounts Accounts with accounts type total exemption full PDF
2021-09-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-27 AP01 officers Appoint person director company with name date PDF
2021-07-12 CH01 officers Change person director company with change date PDF
2021-06-10 SH01 capital Capital allotment shares PDF
2021-05-05 AA accounts Accounts with accounts type total exemption full PDF
2020-09-29 AA01 accounts Change account reference date company current extended PDF
2020-09-29 CS01 confirmation-statement Confirmation statement with updates PDF
2020-02-19 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2020-02-19 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2019-11-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2019-11-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2019-10-08 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page