Target Steel Ltd

  • Small
  • Active
  • 1 year
  • 4 employees
  • £933,599 (assets)
  • Virtual address
  • 2 directors
  • 2 owners
  • Irregular importer
  • Family business

Field of Operation

Wholesale of metals and metal ores
46720 2434 companies

Website

Social media

Summary

Target Steel Ltd, based in Droitwich, UK, is a small, active company founded just one year ago. With four employees and £933,599 in assets, it operates from a virtual address – a detail flagged by the registration of 602 other companies at the same location. The company is a family business, run by two directors and two owners, and has a real registered address. It’s a wholesale business specializing in metals and metal ores, and has been importing iron and steel for a short period, with the last import operation recorded in February 2025.

The company’s website, Target Steel Inc., presents a picture of a well-established steel service center. It offers a range of services, including inventorying, processing (cutting, slitting, leveling), shipping, and testing of flat rolled sheet products. The site emphasizes precision, personal attention, and prompt service, and highlights its expertise in customized processing solutions and reliable testing services. It also boasts a dedicated team providing personalized service and support. The company’s website even mentions a separate division, Target Metal Blanking, Torch Steel Sales, Torch Steel Processing, SST Trucking, and Target Metal Storage.

Financially, Target Steel Ltd shows a mixed picture. While cash reserves remained steady at £92,000, creditors and other debt increased slightly. The company’s net assets are £120,000, and it has £710,000 in trade debtors. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors suggests it may be relying on short-term financing. There's no auditor mentioned, which is common for small companies. The company’s financial statements are unaudited.

Overall, Target Steel Ltd appears to be a small, family-run business navigating the challenges of importing and processing steel. The company’s reliance on short-term financing and the increase in creditors suggest it’s burning through money, but the lack of a significant decrease in assets shows it’s holding its own.

Registered in England/Wales under the registration number 15367014, with a registered address at WR9 9AY, United Kingdom, Droitwich, Worcestershire, The Oakley, Kidderminster Road.

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

Owners & PSC

  • 1 year
  • 2
  • 25%+
  • 1 year
  • 25%+

Managers

  • 1 year
  • 2
Director
  • 1 year
  • 2
Director

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Total exemption full accounts made up to 2024-12-31
  2. Confirmation statement made on 2024-12-20 with no updates
  3. Registration of charge 153670140001, created on 2024-02-28
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Importer profile by HS codes

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