A C STEELS LTD

INTERNATIONAL HOUSE, FRYERS ROAD, BLOXWICH, WALSALL, WS2 7LY

Previous name: A C STEELS & FABRICATION LTD (changed on 21-Dec-2008)

Company Number: 06759649
Incorporation date: 27-Nov-2008
Status: Active
Entity type: Private Limited Company

SIC codes:
24200 Manufacture of tubes, pipes, hollow profiles and related fittings, of steel





SUMMARY

This company is 15.3 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 5.6 million which has increased from GBP 4.5 million in the previous year. The latest reported revenue figure is GBP 38.7 million which is up 10% on previous year's figure of GBP 34.2 million. The company has 3 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-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 38,675,007 2,142,108 466,125 200,000 1,475,983
31-Dec-2021 GBP 34,158,830 1,492,497 297,824 156,690 1,037,983
31-Dec-2020 GBP 20,792,858 686,632 236,842 93,782 356,008
31-Dec-2019 GBP 22,105,476 -343,001 261,402 -106,822 -497,581
31-Dec-2018 GBP 20,377,779 628,658 194,688 105,491 328,479
31-Dec-2017 GBP 20,388,316 649,609 128,803 234,445 286,361
31-Dec-2016 GBP 18,608,870 623,141 131,205 187,788 304,148
31-Dec-2015 GBP 16,818,588 549,732 126,348 110,057 313,327


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 555,516 19,253,898 16,235,790 3,198,124 300,103 3,704,397 5,619,382
31-Dec-2021 GBP 492,502 17,796,900 14,792,257 2,958,916 600,100 2,564,414 4,479,396
31-Dec-2020 GBP 172,783 13,729,017 11,699,699 2,785,548 600,100 1,526,431 3,061,238
31-Dec-2019 GBP 22,873 13,942,987 13,531,851 1,889,011 100 1,170,423 2,105,230
31-Dec-2018 GBP 82,758 12,438,283 11,376,259 1,897,107 100 1,668,004 2,240,104
31-Dec-2017 GBP 281,401 11,363,472 10,925,074 1,516,388 100 1,313,525 1,911,625
31-Dec-2016 GBP 17,875 9,356,254 8,748,336 995,777 100 1,126,164 1,750,264
31-Dec-2015 GBP 95,140 7,588,436 7,139,656 1,027,066 100 902,016 1,552,116

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2022 GBP -99.96% -299,997 600,100 300,103 3,004,613
31-Dec-2020 GBP 99.98% 600,000 100 600,100 2,539,552
* 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)
Resigned Carl THOMPSON 27 Nov 2008 02 Jan 2009 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Paul William PRICE 10 Sep 2018 Director British 2 - 32 (40.0%)
Active Christopher Paul William PRICE 01 Oct 2015 Director British 2 - 00 (0.0%)
Active Ross Paul PRICE 01 Oct 2015 Director British 1 - 00 (0.0%)
Resigned Rebecca FREEMAN 02 Jan 2009 10 Sep 2018 Director British 0 - 20 (0.0%)
Resigned Antony HICKMAN 27 Nov 2008 02 Jan 2009 Manager British 0 - 10 (0.0%)
Number of active directors: 3
Average tenure of active directors: 7.5 years
Average tenure of resigned directors: 4.9 years
Average active director Dissolution Rate: 13.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
AC MEZZ LIMITED (06717765) - Active
A C STEELS LTD (06759649) - Active
RED LION (ALDRIDGE) LTD (06995829) - Dissolved
FAIRWAY LOGISTICS (WEST MIDLANDS) LIMITED (08065187) - Active - Proposal to Strike off
BLOXWICH PROPERTIES LIMITED (09309309) - Active
SYCON SERVICES LIMITED (11565764) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-11-152018-11-152017-11-152016-11-272015-11-27
MR PAUL WILLIAM PRICEORDINARY100
100%
100
100%
0
0%
0
0%
0
0%
MRS REBECCA FREEMANORDINARY0
0%
0
0%
100
100%
0
0%
0
0%
MS REBECCA FREEMANORDINARY ?1 SHARES0
0%
0
0%
0
0%
100
100%
0
0%
MRS REBECCA FREEMANORDINARY 1 GBP0
0%
0
0%
0
0%
0
0%
100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

A C STEELS LTD

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: 24200 Manufacture of tubes, pipes, hollow profiles and related fittings, of steel)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HOWCO GROUP PLC FOUNTAIN HOUSE 2ND FLOOR, 1-3 WOODSIDE CRESCENT, GLASGOW, G3 7UL SC079844 2018-03-31 105,646,000 -2,056,000
VALLOUREC OIL & GAS UK LTD. CLYDESDALE WORKS, CLYDESDALE ROAD, BELLSHILL, LANARKSHIRE, ML4 2RR SC147386 2017-12-31 79,163,000 -4,963,000
TI GROUP AUTOMOTIVE SYSTEMS (UK) LIMITED 4650 KINGSGATE CASCADE WAY, OXFORD BUSINESS PARK SOUTH, OXFORD, OXFORDSHIRE, OX4 2SU 00784687 2018-12-31 35,344,000 41,785,000
FINE TUBES LIMITED 2 NEW STAR ROAD, LEICESTER, LEICESTERSHIRE, UNITED KINGDOM, LE4 9JD 00381159 2017-12-31 40,899,000 1,509,000
A C STEELS LTD INTERNATIONAL HOUSE, FRYERS ROAD, BLOXWICH, WALSALL, WS2 7LY 06759649 2017-12-31 20,388,316 0
GAME HOLDINGS LIMITED CAMP ROAD, WITHAM ST. HUGHS, LINCOLN, LINCOLNSHIRE, LN6 9TW 02102980 2018-03-31 6,136,039 0
MR GATES FABRICATION SPECIALISTS LIMITED BUILDING 18, GATEWAY 1000 WHITTLE WAY, ARLINGTON BUSINESS PARK, STEVENAGE, HERTFORDSHIRE, ENGLAND, SG1 2FP 06883838 2018-04-30 2,549,602 0
BARON SPRINGS LTD 70 STRATHCLYDE STREET, GLASGOW, G40 4JR SC265454 2018-04-30 86,105 0
AMT WELDING LIMITED 32 RIDGEWAY, PETERBOROUGH, ENGLAND, PE2 8HQ 08995207 2019-03-31 55,293 0
C BRADLEY FABRICATIONS LIMITED 23 WORDSWORTH ROAD, BEDWORTH, ENGLAND, CV12 9HB 06198879 2019-04-30 4,278 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
A C STEELS LTD 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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