SOLUTIONS IN STEEL LIMITED

C/O RESOLVE ADVISORY LIMITED, 22 YORK BUILDINGS, LONDON, WC2N 6JU

Company Number: 06909459
Incorporation date: 19-May-2009
Status: In Administration/Administrative Receive
Entity type: Private Limited Company

SIC codes:
24520 Casting of steel





SUMMARY

This company is 14.9 years old and is currently in administration/administrative receive. It is controlled by Sis Digital Vision Limited. The company has positive equity (net assets) of GBP 1.3 million which has increased from GBP 1.2 million in the previous year. The latest reported revenue figure is GBP 14.1 million which is up 20% on previous year's figure of GBP 11.8 million. . 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: 29-Sep-2019
Accounts Filed: FULL (31-Dec-2017)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2017 GBP 14,105,122 268,897 81,881 1,072 185,944
31-Dec-2016 GBP 11,823,030 410,403 29,617 11,266 369,520
31-Dec-2015 GBP 11,502,278 363,006 83,243 279,763


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2017 GBP 127,979 6,958,314 5,718,512 288,280 4 1,339,635 1,339,636
31-Dec-2016 GBP 404,956 4,528,563 3,330,333 55,000 1 1,153,691 1,153,692
31-Dec-2015 GBP 9,549 4,409,508 3,687,723 1 784,171 784,172

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2017 GBP 75.00% 3 1 4 -94,825
* 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 Kerry Lynn GRICE 19 May 2009 18 May 2014 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Benjamin Menash ZLOOF 01 Jun 2013 02 Apr 2015 Company Director British 3 - 75 (50.0%)
Resigned Joanna SABAN 19 May 2009 19 May 2009 Director British 0 - 343206 (60.1%)
Resigned? Simon Matthew GRICE 19 May 2009 Consultant British 15 - 217 (19.4%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-192015-05-192014-05-192013-05-192012-05-19
SIS DIGITAL VISION LIMITEDORDINARY 1 GBP100
100%
0
0%
0
0%
0
0%
0
0%
SIMON MATTHEW GRICEORDINARY 1 GBP0
0%
89
89%
89
89%
0
0%
0
0%
MR SIMON GRICEORDINARY 1 GBP0
0%
11
11%
1
1%
0
0%
0
0%
MR BENJAMIN MENASH ZLOOFORDINARY 1 GBP0
0%
0
0%
10
10%
0
0%
0
0%
SIMON GRICEORDINARY0
0%
0
0%
0
0%
1
100%
1
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SOLUTIONS IN STEEL 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: 24520 Casting of steel)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
DEVIZES STEEL SUPPLIES LIMITED THE OLD SAWMILLS SELLS GREEN, SEEND, MELKSHAM, WILTSHIRE, UNITED KINGDOM, SN12 6RW 04587392 2016-11-30 620,877 0
DELTA PROCESSES LTD 62 LOWER NORTH STREET, WALSALL, WEST MIDLANDS, WS4 2BB 08057378 2018-03-31 17,838 0

LIQUIDATION RISK (BETA)



This company is In Administration/Administrative Receive. Statistically, such companies have a VERY HIGH 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
Company status 0.7% 3.6% 7.1% High
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
Do you have a dispute with a business?
Make it public