SAHAVIRIYA STEEL INDUSTRIES UK LIMITED

2ND FLOOR, 3 PICCADILLY PLACE, MANCHESTER, M1 3BN

Company Number: 07381674
Incorporation date: 20-Sep-2010
Status: Liquidation
Entity type: Private Limited Company

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





SUMMARY

This company is 13.5 years old and is currently liquidation. The company has positive equity (net assets) of USD 175.6 million which has decreased from the previous year's figure of USD 364.4 million. The latest reported revenue figure is USD 1.5 billion which is up 30% on previous year's figure of USD 1.1 billion. Retained earnings is negative (USD -720 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 1 other company. 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-2015
Accounts Filed: FULL (31-Dec-2013)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2013 USD 1,514,721,000 -263,578,000 45,841,000 -309,419,000
31-Dec-2012 USD 1,124,853,000 -432,505,000 4,000 43,637,000 36,952,000 -439,186,000
31-Dec-2011 USD 324,374,000 -5,527,000 5,000 22,037,000 56,173,000 28,614,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2013 USD 23,500,000 296,371,000 719,384,000 895,576,000 34,000 -719,991,000 175,619,000
31-Dec-2012 USD 4,134,000 351,231,000 640,545,000 774,942,000 14,000 -410,572,000 364,384,000
31-Dec-2011 USD 2,539,000 275,531,000 442,150,000 401,544,000 14,000 28,614,000 430,172,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2013 USD 13.47% 120,654,000 775,070,478 895,724,478 821,580,478
31-Dec-2012 USD 48.18% 373,398,000 401,544,000 774,942,000 584,906,500
* 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 Simon MELHUISH-HANCOCK 05 Mar 2013 02 Oct 2015 British 0 - 1
Resigned ACI SECRETARIES LIMITED 20 Sep 2010 20 Sep 2010 0 - 1
Resigned SALANS SECRETARIAL SERVICES LIMITED 20 Sep 2010 05 Mar 2013 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Philip Westgarth DRYDEN 05 Mar 2013 31 Dec 2013 Engineer British 0 - 102 (20.0%)
Resigned Vittorio Renato CONTI 05 Mar 2013 28 Sep 2015 Accountant Belgian 0 - 11 (100.0%)
Active Somsak SIVAPAIBOON 05 Mar 2013 Business Manager Thai 1 - 01 (100.0%)
Active Kittisak MAPANAO 05 Mar 2013 Engineer Thai 1 - 01 (100.0%)
Active Rudolf Hans MATHIS 12 Jul 2012 Chief Executive Swiss 1 - 01 (100.0%)
Resigned John Anthony KING 20 Sep 2010 20 Sep 2010 Director British 18 - 614304 (48.1%)
Active Win VIRIYAPRAPAIKIT 20 Sep 2010 Executive Thai 1 - 11 (50.0%)
Number of active directors: 4
Average tenure of active directors: 11.8 years
Average tenure of resigned directors: 1.1 years
Average active director Dissolution Rate: 87.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SAHAVIRIYA STEEL INDUSTRIES UK LIMITED (07381674) - Liquidation
REDCAR BULK TERMINAL LIMITED (07402297) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-02-132014-02-132013-02-132011-02-13
SAHAVIRIY A STEEL INDUSTRIES PUBLIC CO. LTDORDINARY556,999
100%
556,999
100%
0
0%
0
0%
SAHAVIRIYA STEEL INDUSTRIES PUBLIC CO. LTDORDINARY0
0%
0
0%
480,736
100%
0
0%
SAHAVIRIYA STEEL INDUSTRIES PUBLIC CO. LTD.ORDINARY0
0%
0
0%
0
0%
130,000
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2017-10-112016-10-112015-10-112014-10-112013-10-11
SAHAVIRIYA STEEL INDUSTRIES UK LIMITEDB ORDINARY13,251,358
100.0%
13,251,358
100.0%
13,251,358
100.0%
13,251,358
100.0%
13,251,358
100.0%
SAHAVIRIYA STEEL INDUSTRIES UK LIMITEDVOTING1
0.000%
1
0.000%
1
0.000%
1
0.000%
1
0.000%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

SAHAVIRIYA STEEL INDUSTRIES UK LIMITED

Controlled companies below

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 Liquidation. 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 100.0% 99.4% 99.9% 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
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