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A C STEELS LTD
INTERNATIONAL HOUSE, FRYERS ROAD, BLOXWICH, WALSALL, WS2 7LYPrevious 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-2024Accounts 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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 3 | 2 (40.0%) | |
Active | Christopher Paul William PRICE | 01 Oct 2015 | Director | British | 2 - 0 | 0 (0.0%) | |
Active | Ross Paul PRICE | 01 Oct 2015 | Director | British | 1 - 0 | 0 (0.0%) | |
Resigned | Rebecca FREEMAN | 02 Jan 2009 | 10 Sep 2018 | Director | British | 0 - 2 | 0 (0.0%) |
Resigned | Antony HICKMAN | 27 Nov 2008 | 02 Jan 2009 | Manager | British | 0 - 1 | 0 (0.0%) |
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 | ||||
---|---|---|---|---|---|---|
2019-11-15 | 2018-11-15 | 2017-11-15 | 2016-11-27 | 2015-11-27 | ||
MR PAUL WILLIAM PRICE | ORDINARY | 100 100% | 100 100% | 0 0% | 0 0% | 0 0% |
MRS REBECCA FREEMAN | ORDINARY | 0 0% | 0 0% | 100 100% | 0 0% | 0 0% |
MS REBECCA FREEMAN | ORDINARY ?1 SHARES | 0 0% | 0 0% | 0 0% | 100 100% | 0 0% |
MRS REBECCA FREEMAN | ORDINARY 1 GBP | 0 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 |