Special Steels Limited
- Active
- Small
- Holding
- 30 years
- 0 employees
- £7,257,734 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 7 directors
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Special Steels Ltd is a small, holding company with an active status, established 30 years ago in 1995. Based in Sheffield, UK, the company holds £6,469,825 in assets and employs 50 people. It has seven directors and one owner, with a real registered address shared by four other companies. The firm regularly imports and exports iron and steel – 34 months of imports and 40 months of exports – indicating a strong presence in the metals trade.
The company operates in the non-ferrous metal production and treatment industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It seems to be a solid operation, with a long history and a stable workforce.
Financial data reveals some interesting trends. While cash reserves have increased significantly – a 300% jump to £2.1 million – trade debtors have decreased by 22%, suggesting a potential issue with collecting payments. Creditors have also decreased by 24%, which could indicate better debt management. The company’s net assets have grown by 27% to £5.7 million, a positive sign, but bank borrowings have increased, and the decrease in cash reserves is something to keep an eye on. Depreciation on plant machinery has increased by 100%, which might mean new equipment has been purchased.
The company’s auditor is BHP LLP, and the accounts are audited, which adds a layer of assurance. The company has elected not to include a copy of the profit and loss account within the financial statements. It’s a modest, well-established business navigating the challenges of the metals market, and its long-term stability will depend on maintaining a healthy balance between revenue, expenses, and cash flow.
Registered in England/Wales under the registration number 03046151, with a registered address at S9 3NH, Bacon Lane, Sheffield.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 months
-
Resident of United Kingdom
-
Individual
- 3 years
- 3
-
Resident of United Kingdom
-
Individual
- 11 years
-
Resident of United Kingdom
-
Individual
- 20 years
- 6
-
Resident of United Kingdom
-
Individual
- 20 years
- 9
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Accounts for a small company made up to 2025-05-31Download 11 pages pdf report
-
Director's details changed for Mr Michael James Greensmith on 2025-08-12Download 2 pages pdf report
-
Confirmation statement made on 2025-03-22 with no updatesDownload 3 pages pdf report
Special Steels Limited controls
Owns & Controls
-
Corporate
- 5 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Special Steels Limited
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