VOESTALPINE METSEC PLC

BROADWELL ROAD, OLDBURY, WEST MIDLANDS, B69 4HF

Previous name: METSEC PLC (changed on 01-Oct-2014)

Company Number: 01551970
Incorporation date: 20-Mar-1981
Status: Active
Entity type: Public Limited Company

SIC codes:
24320 Cold rolling of narrow strip
24330 Cold forming or folding




SUMMARY

This company is 43.1 years old and is currently active. It is controlled by Voest Alpine Krems Uk Plc. The company has positive equity (net assets) of GBP 29.4 million which has decreased from the previous year's figure of GBP 33.4 million. The latest reported revenue figure is GBP 103.1 million which is similar to the previous year's figure of GBP 100.1 million. The company has 4 active officers (directors or partners) who are or were officers of 5 other companies, 1 (20.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2019 GBP 103,069,000 14,846,000 13,175,000
31-Mar-2018 GBP 100,053,000 17,108,000 13,909,000
31-Mar-2017 GBP 91,869,000 20,642,000 16,124,000
01-Mar-2016 GBP 89,427,000 18,107,000 2,996,000 14,989,000
31-Mar-2015 GBP 85,663,000 13,645,000 2,665,000 10,853,000
31-Mar-2014 GBP 75,535,000 12,392,000 2,895,000 9,254,000
31-Mar-2013 GBP 71,931,000 9,981,000 25,000 211,000 2,293,000 7,248,000
31-Mar-2012 GBP 80,575,000 14,701,000 44,000 271,000 3,799,000 10,714,000
31-Mar-2011 GBP
31-Mar-2010 GBP 62,008,000 3,631,000 327,000 245,000 2,903,000
31-Mar-2009 GBP


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2019 GBP 468,000 49,604,000 15,000 1,583,000 788,000 25,432,000 29,408,000
31-Mar-2018 GBP 713,000 47,003,000 30,936,000 1,583,000 788,000 29,350,000 33,356,000
31-Mar-2017 GBP 460,000 44,231,000 28,358,000 1,583,000 788,000 29,433,000 33,469,000
01-Mar-2016 GBP 430,000 40,071,000 24,934,000 1,583,000 788,000 27,981,000 32,047,000
31-Mar-2015 GBP 384,000 36,545,000 28,254,000 1,583,000 788,000 22,634,000 26,730,000
31-Mar-2014 GBP 681,000 29,182,000 25,635,000 1,583,000 788,000 19,082,000 23,208,000
31-Mar-2013 GBP 664,000 21,382,000 19,946,000 1,583,000 788,000 16,569,000 20,725,000
31-Mar-2012 GBP 818,000 26,831,000 24,957,000 1,583,000 788,000 14,609,000 18,795,000
31-Mar-2011 GBP 78,000 17,402,000 22,487,000 1,583,000 788,000 12,614,000 16,830,000
31-Mar-2010 GBP 12,000 10,278,000 22,906,000 1,583,000 788,000 7,307,000
31-Mar-2009 GBP 2,000 13,774,000 17,696,000 788,000 17,342,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2010 GBP 100.00% 1,583,000 0 1,583,000 784,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Kelly Louise SMITH 28 Nov 2020 18 Apr 2024 1 - 0
Resigned David Charles LEGGETT 17 Mar 2011 28 Nov 2020 0 - 1
Resigned Charisse Mignon BIDDULPH 01 Oct 2009 17 Mar 2011 0 - 1
Resigned Alice Marie SANDEL 20 Oct 2006 30 Sep 2009 Manager British 0 - 4
Resigned Derek LUM 08 Jul 2002 20 Oct 2006 Director British 1 - 23
Resigned Michael Nigel ATKINS 26 Feb 1993 08 Jul 2002 0 - 25
Resigned Trevor HUDSON 26 Feb 1993 British 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Juergen RESCH 01 Jul 2019 Director Austrian 1 - 00 (0.0%)
Resigned Peter SCHWAB 01 Oct 2014 31 Mar 2024 Director Austrian 0 - 20 (0.0%)
Active Günther FELDERER 23 Apr 2012 Director Austrian 1 - 00 (0.0%)
Active Neil Alwyn RICHARDSON 01 Aug 2010 Managing Director British 3 - 32 (33.3%)
Active Thomas BAUMGARTNER 01 Jan 2010 Finance Director Austrian 2 - 11 (33.3%)
Resigned David Charles LEGGETT 01 Apr 2009 28 Nov 2020 Director British 0 - 10 (0.0%)
Resigned Helmut, Doctor PUNZ 28 Apr 2005 30 Jun 2019 Cfo Austrian 0 - 20 (0.0%)
Resigned Gerald REICHMANN 12 Aug 2003 31 Dec 2009 Director Austrian 0 - 31 (33.3%)
Resigned Derek LUM 08 Jul 2002 20 Oct 2006 Director British 1 - 237 (29.2%)
Resigned James Erle ANDREWS 16 May 2001 31 Dec 2012 Director British 0 - 61 (16.7%)
Resigned Herbert EIBENSTEINER 01 Jun 2000 01 Oct 2014 Director Austrian 0 - 10 (0.0%)
Resigned Franz Peter HIRSCHMANNER 01 Apr 1999 01 Apr 2000 Managing Director Austrian 0 - 10 (0.0%)
Resigned Wolfgang SPREITZER 22 Aug 1998 31 Mar 2013 Managing Director Austrian 0 - 30 (0.0%)
Resigned Peter SCHNAUBELT 22 Aug 1998 30 Jun 2000 Director Austrian 0 - 20 (0.0%)
Resigned John Kenneth TAYLOR 28 Jan 1998 10 Jun 1999 Director British 0 - 97 (77.8%)
Resigned David Stephen HAGGETT 01 Jan 1997 22 Jul 1998 Solicitor British 0 - 3413 (38.2%)
Resigned Mark Hugh Joseph RADCLIFFE 08 Mar 1993 22 Jul 1998 Company Director British 0 - 134 (30.8%)
Resigned Michael Nigel ATKINS 26 Feb 1993 08 Jul 2002 Company Director British 0 - 2515 (60.0%)
Resigned James MCKINLAY 18 Dec 1995 Director British 0 - 10 (0.0%)
Resigned Derek LUM 20 Oct 2006 Director British 1 - 237 (29.2%)
Resigned David George JEAVONS 31 Jan 2002 Director British 0 - 64 (66.7%)
Resigned Keith Ronald HIRST 01 May 2001 Director British 0 - 2511 (44.0%)
Resigned David Stephen HAGGETT 22 Jul 1998 Solicitor British 0 - 3413 (38.2%)
Resigned Michael WALLIS 01 Dec 1993 Director British 0 - 227 (31.8%)
Resigned Kenneth David DODD 31 Dec 1995 Director British 0 - 42 (50.0%)
Resigned Stephen Robert TILSLEY 30 Jun 2008 Director British 0 - 152 (13.3%)
Number of active directors: 4
Average tenure of active directors: 11.2 years
Average tenure of resigned directors: 4.9 years
Average active director Dissolution Rate: 16.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BRITISH PRECAST CONCRETE FEDERATION LIMITED(THE) (01209092) - Active
VOESTALPINE METSEC PLC (01551970) - Active
STRATFORD JOISTS LIMITED (02065550) - Dissolved
METAL SECTIONS LIMITED (02460522) - Active
VOEST ALPINE KREMS U.K. PLC (03464504) - Active
NEOSAM LIMITED (06656734) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-202015-05-202014-05-202013-05-202012-05-20
VOEST ALPINE KREMS UK PLCORDINARY15,832,369
100.0%
15,832,369
100.0%
15,832,369
100.0%
15,832,369
100.0%
15,832,369
100.0%
DONAULANDISCHE BAUGESELLSCHAFT MBBORDINARY1
0.000%
1
0.000%
1
0.000%
1
0.000%
1
0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

VOESTALPINE METSEC PLC

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-04-01 2023-09-30 46 29% 1% 76504
2022-10-01 2023-03-31 44 31% 1% 69862
2022-04-01 2022-09-30 47 29% 1% 63741
2021-10-01 2022-03-31 46 26% 1% 57029
2021-04-01 2021-09-30 37 24% 1% 50388
2020-10-01 2021-03-31 47 34% 1% 43903
2020-04-01 2020-09-30 39 16% 1% 37043
2019-10-01 2020-03-31 49 37% 1% 36064
2019-04-01 2019-09-30 50 37% 1% 36063
2018-10-01 2019-03-31 44 24% 1% 14660
2018-04-01 2018-09-30 54 45% 1% 7698


COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
Exterior curtain walling system comprising adjustable bracket. 2012-05-24 Awaiting First Examination GB2502362
Mezzanine tie bar fixing 2010-05-25 Granted GB2480618
Improved header 2006-07-21 Granted GB2440390
Connection system 2006-01-19 Granted GB2434423

COMPETITORS

(Based on Sic code: 24320 Cold rolling of narrow strip)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
VOESTALPINE METSEC PLC BROADWELL ROAD, OLDBURY, WEST MIDLANDS, B69 4HF 01551970 2018-03-31 100,053,000 13,909,000 24330-Cold forming or folding
STEEL SECTIONS (WARLEY) LIMITED STEEL SECTIONS (WARLEY) LTD HOWARD STREET, HILL TOP, WEST BROMWICH, ENGLAND, B70 0ST 01301924 2017-09-30 12,417,865 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
VOESTALPINE METSEC PLC 0.9% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 1.7% 4.0% 5.9% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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