Harry Steer Ltd

Harry Steer Ltd, based in Breaston, UK, is a small, active company founded seven years ago in 2017. With £396,441 in assets and a real registered address, it employs eight people and is managed by four directors and two owners – a family business. The company operates in the engineering sector, specifically focusing on other engineering activities and design for industrial processes. It’s an irregular importer, bringing in vehicles, parts, and accessories (excluding trains and trams) for a couple of months, with the last import occurring in February 2025. It also exports machinery, boilers, and mechanical appliances parts, with one month of export activity recorded as of March 2023.

The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce site or relies solely on business-to-business transactions. This makes it hard to assess the scale of its operations beyond the import and export data.

Financially, Harry Steer Ltd shows a mixed picture. Cash reserves have increased significantly, jumping 190% to £120,000, which is a positive sign. However, net assets have grown by 340% to £130,000, but this is offset by a 450% increase in other taxation and social security payable, reaching £29,000. Bank borrowings have decreased slightly, but creditors have fallen by 5.9% to £280,000. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible, but the rise in payable taxes suggests potential cash flow pressures. The company’s accounts are unaudited, as it is exempt from an audit due to its size.

Overall, Harry Steer Ltd appears to be navigating a period of change. The increase in cash reserves is encouraging, but the rise in payable taxes warrants close monitoring. The company’s future success will likely depend on its ability to manage its finances effectively and capitalize on opportunities in the engineering sector.

Registered in England/Wales under the registration number 10959799, with a registered address at DE72 3DB, United Kingdom, Breaston, 149 Draycott Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.