NUSTEEL HOLDINGS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. NUSTEEL HOLDINGS LIMITED 1990-10-31 → present
2. NUSTEEL STRUCTURES LIMITED 1984-10-29 → 1990-10-31
3. SOUTH COAST WELDERS LIMITED 1954-10-27 → 1984-10-29

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the current and developing impact on the business as a result of the ongoing uncertainty of the UK economic conditions in their assessment of going concern. Due to the nature of the UK Infrastructure industry, the Directors believe that it has not had a significant, immediate impact on the Group's operations and is unlikely to do so going forward. With forward orders at the point of sign off securing workload in excess of 15 months and projected major investment in road and rail schemes, the Directors believe that this will continue for the foreseeable future.”

Group structure

1. NUSTEEL HOLDINGS LIMITED · parent
   1. Nusteel Structures Limited 100% · UK

Significant events

• “On 29 October 2024, the ownership of the entire share capital of the business was transferred to Nusteel Group EOT Limited. A dividend of "6,500,000 was paid in relation to the purchase of the shares within the Group.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.3%

  £12,576,946 → £12,738,892

• Cash

  -62.8%

  £4,366,856 → £1,623,282

• Net assets

  -59.3%

  £9,784,829 → £3,986,454

• Employees

  -2.2%

  89 → 87

• Operating profit

  +213.8%

  £119,727 → £375,686

• Profit before tax

  +430.6%

  £185,930 → £986,519

• Wages

  +6.4%

  £3,854,002 → £4,101,133

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers