Steelridge Limited

POWER SEARCH PRICING

SOLUTIONS

steelridge limited Company Information

Dissolved

Company Number

06325426

Website

mattengineering.co.uk

Registered Address

1st floor, lowgate house, lowgate, hull, HU1 1EL

Industry

Manufacture of metal structures and parts of structures

Telephone

01482781191

Next Accounts Due

April 2024

Group Structure

View All

Directors

James Hopkinson15 Years

Shareholders

ulrich attachments ltd 99.9%

john waterland 0%

View All

steelridge limited Estimated Valuation

£0 - £1.6m

The estimated valuation range for steelridge limited, derived from financial data as of September 2015 and the most recent industry multiples, is between £0 to £1.6m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Steelridge Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Steelridge Limited is a dissolved company that was located in hull, HU1 1EL with a Companies House number of 06325426. It operated in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in July 2007, it's largest shareholder was ulrich attachments ltd with a 99.9% stake. The last turnover for Steelridge Limited was estimated at £2.8m.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Steelridge Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

7 Weak

Size

annual sales of £2.8m, make it smaller than the average company (£8.7m)

Growth

3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (4.7%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for steelridge limited. Get real-time insights into steelridge limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for steelridge limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

STEELRIDGE LIMITED group structure

Steelridge Limited has no subsidiary companies.

Ultimate parent company

ULRICH ATTACHMENTS LIMITED

03631564

1 parent

STEELRIDGE LIMITED

06325426

STEELRIDGE LIMITED Shareholders

ulrich attachments ltd	99.92%
john waterland	0.04%
mr john partridge	0.04%

Steelridge Limited currently has 1 director, Mr James Hopkinson serving since Oct 2008.

officer	country	age	start	end	role
Mr James Hopkinson	England	73 years	Oct 2008	-	Director

EXPORT

Steelridge Limited's latest turnover from September 2015 is estimated at £2.8 million and the company has net assets of £5.5 thousand. According to their latest financial statements, we estimate that Steelridge Limited has 21 employees and maintains cash reserves of £11.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	2,782,378	4,097,439	3,531,585	5,835,142	8,114,550	5,802,963	0
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	2,025,359	3,022,082	2,607,385	4,315,763	5,968,990	4,190,593	0
Gross Profit	757,019	1,075,357	924,200	1,519,379	2,145,560	1,612,369	0
Admin Expenses	865,587	1,070,496	628,585	664,356	1,358,759	2,419,373	629,127
Operating Profit	-108,568	4,861	295,615	855,023	786,801	-807,004	-629,127
Interest Payable	0	4,875	9,750	4,875	0	0	0
Interest Receivable	53	81	78	166	296	164	14
Pre-Tax Profit	-108,515	67	285,943	850,314	787,097	-806,840	-629,113
Tax	0	-14	-65,767	-204,075	-204,645	0	0
Profit After Tax	-108,515	53	220,176	646,239	582,452	-806,840	-629,113
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	-108,515	53	220,176	646,239	582,452	-806,840	-629,113
Employee Costs	710,207	1,078,641	903,168	1,459,754	2,133,071	1,673,529	0
Number Of Employees	21	33	28	46	69	55	0
EBITDA*	-86,377	23,207	312,041	881,608	811,440	-787,076	-611,300

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	56,487	62,536	76,586	78,723	75,278	68,873	78,151
Intangible Assets	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0
Debtors (Due After 1 year)	5,698	10,256	14,815	0	0	0	0
Total Fixed Assets	62,185	72,792	91,401	78,723	75,278	68,873	78,151
Stock & work in progress	55,349	49,649	87,599	51,203	172,819	179,096	228,105
Trade Debtors	701,389	1,070,810	862,717	1,406,944	1,654,488	685,586	332,171
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0
Cash	11,825	9,316	23,133	7,871	58,656	59,711	5,788
misc current assets	0	0	0	0	0	0	0
total current assets	768,563	1,129,775	973,449	1,466,018	1,885,963	924,393	566,064
total assets	830,748	1,202,567	1,064,850	1,544,741	1,961,241	993,266	644,215
Bank overdraft	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0
Trade Creditors	670,049	929,098	786,606	1,493,433	2,563,742	2,278,219	1,022,328
Group/Directors Accounts	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0
total current liabilities	670,049	929,098	786,606	1,493,433	2,563,742	2,278,219	1,022,328
loans	0	0	150,000	150,000	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0
other liabilities	155,247	153,093	6,191	7,570	150,000	150,000	250,000
provisions	0	6,409	8,139	0	0	0	0
total long term liabilities	155,247	159,502	164,330	157,570	150,000	150,000	250,000
total liabilities	825,296	1,088,600	950,936	1,651,003	2,713,742	2,428,219	1,272,328
net assets	5,452	113,967	113,914	-106,262	-752,501	-1,434,953	-628,113
total shareholders funds	5,452	113,967	113,914	-106,262	-752,501	-1,434,953	-628,113

	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	-108,568	4,861	295,615	855,023	786,801	-807,004	-629,127
Depreciation	22,191	18,346	16,426	26,585	24,639	19,928	17,827
Amortisation	0	0	0	0	0	0	0
Tax	0	-14	-65,767	-204,075	-204,645	0	0
Stock	5,700	-37,950	36,396	-121,616	-6,277	-49,009	228,105
Debtors	-373,979	203,534	-529,412	-247,544	968,902	353,415	332,171
Creditors	-259,049	142,492	-706,827	-1,070,309	285,523	1,255,891	1,022,328
Accruals and Deferred Income	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-6,409	-1,730	8,139	0	0	0	0
Cash flow from operations	16,444	-1,629	40,602	-23,616	-70,307	164,409	-149,248
Investing Activities
capital expenditure	-16,142	-4,296	-14,289	-30,030	-31,044	-10,650	-95,978
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	-16,142	-4,296	-14,289	-30,030	-31,044	-10,650	-95,978
Financing Activities
Bank loans	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0
Long term loans	0	-150,000	0	150,000	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0
other long term liabilities	2,154	146,902	-1,379	-142,430	0	-100,000	250,000
share issue	0	0	0	0	100,000	0	1,000
interest	53	-4,794	-9,672	-4,709	296	164	14
cash flow from financing	2,207	-7,892	-11,051	2,861	100,296	-99,836	251,014
cash and cash equivalents
cash	2,509	-13,817	15,262	-50,785	-1,055	53,923	5,788
overdraft	0	0	0	0	0	0	0
change in cash	2,509	-13,817	15,262	-50,785	-1,055	53,923	5,788

P&L

September 2015

turnover

2.8m

-32%

operating profit

-108.6k

gross margin

27.3%

+3.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2015

net assets

5.5k

-0.95%

total assets

830.7k

-0.31%

cash

11.8k

+0.27%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

north lincs structures ltd

l.v. tomlinson and son limited

4.5

jet metal components ltd

gu cutting and grinding services limited

namsbury limited

4.5

company number

06325426

Type

Private limited with Share Capital

industry

25110 - Manufacture of metal structures and parts of structures

incorporation date

July 2007

age

accounts

Small Company

ultimate parent company

ULRICH ATTACHMENTS LIMITED

previous names

rolco 279 limited (November 2007)

incorporated

address

1st floor, lowgate house, lowgate, hull, HU1 1EL

last accounts submitted

September 2015

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to steelridge limited. Currently there are 3 open charges and 1 have been satisfied in the past.

steelridge limited Company Information

steelridge limited Estimated Valuation

steelridge limited Estimated Valuation

steelridge limited Estimated Valuation

Steelridge Limited AI Business Plan

Steelridge Limited Overview

Steelridge Limited Health Check

steelridge limited Credit Report and Business Information

Steelridge Limited Competitor Analysis

steelridge limited Ownership

steelridge limited directors

STEELRIDGE LIMITED financials

steelridge limited company details

steelridge limited Charges & Mortgages

steelridge limited Companies House Filings - See Documents