BROMFORD IRON LTD
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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
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| 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 | — | 58 | — | 48 | 48 | |
| 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
-
Turnover
-28.3%
£17,791,482 £12,748,449
lowest in 3 filed years
-
Cash
-11.1%
£54,999 £48,877
-
Net assets
-448.5%
£347,816 -£1,212,031
lowest in 3 filed years
-
Employees
0%
48 48
-
Operating profit
-191.8%
-£551,873 -£1,610,134
lowest in 3 filed years
-
Profit before tax
-65%
-£1,040,700 -£1,717,173
lowest in 3 filed years
-
Wages
-6.3%
£1,861,121 £1,743,577
lowest in 3 filed years
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| 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 | — | — | — | 0.94x | 0.74x | |
| 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
- “During the year a decision was taken to wind the Company down through a managed closure during the first half of 2025. This resulted in the redundancy of all staff and closure of both mills with the gas mill being fully dismantled and scrapped.”
- “During 2025 All Steels Trading Ltd, a connected company, acquired the site that the Company occupies. Accordingly some staff have been re-employed by All Steels Trading Ltd, those staff retain the knowledge and skills needed to restart production on the remaining mill.”
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 | |
| 2025-09-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-07 | AA | accounts | Accounts with accounts type full | |
| 2024-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-27 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-12 | CH01 | officers | Change person director company with change date | |
| 2021-06-10 | SH01 | capital | Capital allotment shares | |
| 2021-05-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-09-29 | AA01 | accounts | Change account reference date company current extended | |
| 2020-09-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-02-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-02-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-11-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-11-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-10-08 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.