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SOLUTIONS IN STEEL LIMITED
C/O RESOLVE ADVISORY LIMITED, 22 YORK BUILDINGS, LONDON, WC2N 6JUCompany 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-2019Accounts 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 |
** 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 | 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 - 7 | 5 (50.0%) |
Resigned | Joanna SABAN | 19 May 2009 | 19 May 2009 | Director | British | 0 - 343 | 206 (60.1%) |
Resigned? | Simon Matthew GRICE | 19 May 2009 | Consultant | British | 15 - 21 | 7 (19.4%) |
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
No information on directors in other companies.
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-05-19 | 2015-05-19 | 2014-05-19 | 2013-05-19 | 2012-05-19 | ||
SIS DIGITAL VISION LIMITED | ORDINARY 1 GBP | 100 100% | 0 0% | 0 0% | 0 0% | 0 0% |
SIMON MATTHEW GRICE | ORDINARY 1 GBP | 0 0% | 89 89% | 89 89% | 0 0% | 0 0% |
MR SIMON GRICE | ORDINARY 1 GBP | 0 0% | 11 11% | 1 1% | 0 0% | 0 0% |
MR BENJAMIN MENASH ZLOOF | ORDINARY 1 GBP | 0 0% | 0 0% | 10 10% | 0 0% | 0 0% |
SIMON GRICE | ORDINARY | 0 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 |