SPECIAL STEEL SECTIONS LIMITED

VULCAN HOUSE, YORK ROAD, THIRSK, YO7 3BT

Previous name: LEGG BROTHERS (2015) LIMITED (changed on 09-Apr-2015)
Previous name: LEGG BROTHERS LIMITED (changed on 08-Apr-2015)

Company Number: 04067861
Incorporation date: 08-Sep-2000
Status: Active
Entity type: Private Limited Company

SIC codes:
24100 Manufacture of basic iron and steel and of ferro-alloys





SUMMARY

This company is 23.6 years old and is currently active. It is controlled by Mr Laurence John Mcdougall. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 1.9 million which has increased from GBP 1.5 million in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 387.8 thousand in the last reported period. The company has 3 active officers (directors or partners) who are or were officers of 17 other companies, 4 (23.5%) 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: TOTAL EXEMPTION FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2021 GBP 4,255,458 627,812 393 94,186 533,233
31-Dec-2020 GBP 3,006,573 135,433 2,758 -61,979 194,654
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 1,074 2,874,956 1,081,156 163,400 1,664,598 1,864,598
31-Dec-2021 GBP 68,880 2,663,258 1,285,468 163,400 1,276,786 1,476,786
31-Dec-2020 GBP 32,622 1,919,993 821,043 163,400 1,001,553 1,201,553
31-Dec-2019 GBP 133 1,818,268 907,682 163,400 806,899 1,006,899
31-Dec-2017 GBP 384,119 2,312,471 1,342,888 190,000 911,570 1,111,570
31-Dec-2016 GBP 49,017 1,801,462 1,028,333 190,000 672,890 872,890

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP -16.28% -26,600 190,000 163,400 -15,426
* 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 Matthew John RHODES 25 Aug 2021 29 Mar 2024 1 - 0
Resigned Kevin John MIDDIS 21 Jun 2006 31 Mar 2013 0 - 39
Resigned Michael James LEGG 08 Sep 2000 21 Jun 2006 Director British 1 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Matthew John RHODES 08 Apr 2022 Finance Director British 6 - 00 (0.0%)
Resigned John Darcy THOMPSON 01 Apr 2013 30 Aug 2018 Company Director British 5 - 92 (14.3%)
Active John Albert Henry WRAITH 01 Nov 2010 Business Consultant / Company Director British 2 - 65 (62.5%)
Resigned Ian Bernard MALLENDER 03 Jul 2006 24 Apr 2007 Company Director British 0 - 94 (44.4%)
Resigned Kevin John MIDDIS 21 Jun 2006 31 Mar 2013 Company Director British 0 - 3924 (61.5%)
Resigned Paul Phillip PETERSEN 21 Jun 2006 03 Oct 2011 Director British 5 - 128 (47.1%)
Active Laurence John MCDOUGALL 21 Jun 2006 Director British 7 - 40 (0.0%)
Resigned Michael James LEGG 08 Sep 2000 21 Jun 2006 Director British 1 - 20 (0.0%)
Resigned Kevin, Dr BREWER 08 Sep 2000 08 Sep 2000 2 - 46992087 (44.4%)
Resigned Patrick George LEGG 08 Sep 2000 21 Jun 2006 Company Director British 1 - 20 (0.0%)
Number of active directors: 3
Average tenure of active directors: 11.1 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 20.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CAPARO INDUSTRIES PLC (00630473) - In Administration
CAPARO STEEL PRODUCTS LIMITED (00892463) - Liquidation
TOMRODS LIMITED (01137143) - Active
LIBERTY MERCHANT BAR PLC (01860172) - Active
SPECIAL STEEL SECTIONS LIMITED (04067861) - Active
ALL STEELS TRADING LIMITED (04316537) - Active
SPECIAL STEEL SECTIONS HOLDINGS LIMITED (05755407) - Active
STEELSTOCK SERVICES (MIDLANDS) LIMITED (06582155) - Active
CAPARO CHINA LIMITED (06610319) - Dissolved
ATHENA STEEL PRODUCTS LIMITED (07318754) - Dissolved
THE STEEL BALL COMPANY LIMITED (07506463) - Active - Proposal to Strike off
TOMRODS STEEL LIMITED (07663725) - Active
ALLKAN STEELS LIMITED (07792166) - Active
LEGG BROTHERS LIMITED (08276543) - Active
BRADLEY STEELS LIMITED (09413396) - Active
ALL STEELS TRADING HOLDINGS LIMITED (10997004) - Active
BROMFORD IRON LTD (12202432) - Active
ALL STEELS (SCUNTHORPE) LTD (14588415) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SPECIAL STEEL SECTIONS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 24100 Manufacture of basic iron and steel and of ferro-alloys)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
TATA STEEL UK LIMITED 18 GROSVENOR PLACE, LONDON, ENGLAND, SW1X 7HS 02280000 2018-03-31 2,403,000,000 1,384,000,000
BRITISH STEEL LIMITED 2 ST PETER'S SQUARE, MANCHESTER, ENGLAND, M2 3EY 09438207 2017-12-31 1,177,874,000 -19,075,000
STEEL & ALLOY PROCESSING LIMITED TRAFALGAR WORKS, UNION STREET, WEST BROMWICH, WEST MIDLANDS, B70 6BZ 00944053 2017-12-31 201,392,000 6,502,000
SHEFFIELD FORGEMASTERS INTERNATIONAL LIMITED PO BOX 286 BRIGHTSIDE LANE, SHEFFIELD, SOUTH YORKSHIRE, S9 2RW 04883675 2017-12-31 76,122,000 -16,430,000
ACENTA STEEL LIMITED SUITE 3 REGENCY HOUSE, 91 WESTERN ROAD, BRIGHTON, BN1 2NW 03725308 2017-12-31 68,406,000 2,602,000 24310-Cold drawing of bars
SHEFFIELD FORGEMASTERS ENGINEERING LIMITED PO BOX 286, BRIGHTSIDE LANE, SHEFFIELD, SOUTH YORKSHIRE, S9 2RW 04864216 2017-12-31 67,227,000 -12,918,000
USS LIMITED MILL LANE, MILL LANE, HALESOWEN, WEST MIDLANDS, ENGLAND, B63 3JP 04045212 2017-12-31 33,343,648 0
M.J. SECTIONS LIMITED UNIT 5 MARRIOTT ROAD INDUSTRIAL, ESTATE,, NETHERTON, WEST MIDLANDS, DY2 0JZ 01451657 2017-12-31 24,569,302 0
ABBEY FORGED PRODUCTS LIMITED BEELEY WOOD WORKS, BEELEY WOOD, LANE, SHEFFIELD, SOUTH YORKSHIRE, S6 1ND 01644542 2017-10-31 23,838,490 0
ROMANYS LIMITED 51 BREWER STREET, SOHO, LONDON, W1F 9UQ 06367402 2017-12-31 1,114,665 0
A & N ENGINEERING (BEDFORDSHIRE) LTD CROOKED OAK THE BRIDLE WAY, TODDINGTON, DUNSTABLE, BEDS, LU5 6HS 07351315 2017-08-31 671,256 0
ASPECT BESPOKE ENGINEERING LIMITED A3 BROOMSLEIGH BUSINESS PARK, WORSLEY BRIDGE ROAD, LONDON, SE26 5BN 07013596 2017-09-30 269,812 0
ACETASTIC LTD 15 REPTON DRIVE, COVENTRY, CV6 7LU 09231668 2017-09-30 40,002 0
GENERAL SYSTEMS INVESTMENTS LIMITED SUITE 308, 34 BUCKINGHAM PALACE ROAD, LONDON, ENGLAND, SW1W 0RH 05080351 2018-03-31 7,578 0
K&R PROFESSIONAL SERVICES LTD STAFFORDSHIRE KNOT, PINFOLD STREET, DARLASTON, WEST MIDLANDS, UNITED KINGDOM, WS10 8TE 09460794 2018-03-31 0 0
SEEDS & GRAINS INTERNATIONAL LIMITED 116 BROX ROAD, OTTERSHAW, SURREY, KT16 0LG 04991281 2017-12-31 0 0
SIMS FOUNDRY LIMITED LONG MARSTON, STRATFORD-UPON-AVON, WARWICKSHIRE, CV37 8AQ 07732913 2018-06-30 0 0
ACENTA STEEL GROUP LIMITED SUITE 3 REGENCY HOUSE, 91 WESTERN ROAD, BRIGHTON, BN1 2NW 07434765 0000-00-00 0 0
TATA STEEL UK HOLDINGS LIMITED C/O TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, 20 COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, B4 6AT 05887351 0000-00-00 0 0
TULIP UK HOLDINGS (NO.2) LIMITED C/O TENEO FINANCIAL ADVISORY LIMITED, THE COLMORE BUILDING, BIRMINGHAM, B4 6AT 05934891 0000-00-00 0 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
SPECIAL STEEL SECTIONS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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