FIRTH STEELS LIMITED — The Accounts

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Next accounts due

2026-07-31 (in 2mo)

Last filed for 2024-07-31

Confirmation statement due

2027-01-16 (in 8mo)

Last made up 2026-01-02

Watchouts

None on the register

Cash

£2M

-59.4% lowest in 3 filed years

Net assets

£19M

+2.7% highest in 3 filed years

Employees

0% vs 2023

Profit before tax

£1M

-44.9% lowest in 3 filed years

Name history

Renamed 1 time since incorporation

FIRTH STEELS LIMITED 1983-07-11 → present
SANDBLAND LIMITED 1983-04-18 → 1983-07-11

Net assets

7-year trend · vs Basic Materials median

FIRTH STEELS LIMITED·Basic Materials median · n=623

Accounts

7-year trend · latest reflected 2024-07-31

Metric	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31	2024-07-31
Turnover	—	—	—	£27,830,485	—	£39,245,838	£32,219,032
Operating profit	—	—	—	£2,870,629	—	£2,249,588	£1,062,014
Profit before tax	—	—	—	£4,969,994	—	£2,298,481	£1,265,579
Net profit	—	—	—	£3,685,243	—	£2,033,129	£908,618
Cash	—	—	—	£5,456,540	—	£5,199,922	£2,111,253
Total assets less current liabilities	—	—	—	£18,202,749	—	£23,341,746	£23,435,204
Net assets	—	—	—	£16,885,827	—	£18,602,067	£19,110,685
Equity	£11,993,027	£13,138,104	£13,600,584	£16,885,827	£16,968,938	£18,602,067	£19,110,685
Average employees	—	—	—	46	—	56	56
Wages	—	—	—	£2,025,877	—	£2,882,005	£2,484,618

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31	2024-07-31
Operating margin	—	—	—	10.3%	—	5.7%	3.3%
Net margin	—	—	—	13.2%	—	5.2%	2.8%
Return on capital employed	—	—	—	15.8%	—	9.6%	4.5%
Current ratio	—	—	—	—	—	1.82x	2.59x
Interest cover	—	—	—	35.24x	—	17.47x	18.72x

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.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: SMH Jolliffe Cork Audit Ltd
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

FIRTH STEELS LIMITED · parent
1. SMD Construction Group Ltd 50%
2. SMD Stockyards Limited 100%

Significant events

“On 27 December 2024, the company's associated undertaking, SMD Asia LLP sold its 33.3% investment in JSW Structural Metal Decking Ltd. Following this disposal, it is the intention that the net proceeds will be distributed to members and an application made to strike off SMD Asia LLP from the Register.”
“On 28 October 2024, the company acquired 50% of the issued share capital of SMD Construction Group Ltd (no. 08807649), resulting in Firth Steels Limited having significant control by virtue of its shareholding and that of Mr JT Firth.”
“On 28 October 2024, the company acquired 50% of the issued share capital of SMD Stockyards Limited (no. 08324990), with a further 50% being acquired on 1 December 2024. From 1 December 2024, SMD Stockyards Limited became a wholly owned subsidiary of Firth Steels Limited.”

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

People

3 active · 4 resigned

Name	Role	Appointed	Born	Nationality
BOOTH, Steven	Director	2011-05-18	Jun 1969	British
FIRTH, James Tennant	Director	2011-05-18	Dec 1973	British
FIRTH, Roger Tennant	Director	—	Aug 1943	British

Show 4 resigned officers

Name	Role	Appointed	Resigned
FIRTH, Susan Patricia	Secretary	—	2022-06-21
FIRTH, Edward Geoffrey Tennant	Director	—	1993-07-30
FIRTH, Susan Patricia	Director	—	2022-06-21
WALL, Scott Alan Joseph	Director	2022-06-06	2023-10-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mrs Lucy Victoria Hill	Individual	Shares 25–50%, Voting 25–50%	2023-11-13	Active
Mr Roger Tennant Firth	Individual	Shares 50–75%, Voting 50–75%	2016-04-06	Ceased 2017-07-31
Mr James Tennant Firth	Individual	Shares 50–75%, Voting 50–75%	2016-04-06	Active

Filing timeline

Last 20 of 127 total filings

Date	Type	Category	Description
2026-01-26	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-04-29	AA	accounts	Accounts with accounts type full	PDF
2025-01-16	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-01-03	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-12-24	AA	accounts	Accounts with accounts type full
2023-11-23	PSC01	persons-with-significant-control	Notification of a person with significant control	PDF
2023-10-31	TM01	officers	Termination director company with name termination date	PDF
2023-06-29	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-05-18	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-04-26	AA	accounts	Accounts with accounts type full	PDF
2023-04-17	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-02-21	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-02-09	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2022-12-30	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2022-07-07	TM01	officers	Termination director company with name termination date	PDF
2022-07-07	TM02	officers	Termination secretary company with name termination date	PDF
2022-06-09	AP01	officers	Appoint person director company with name date	PDF
2022-04-28	AA	accounts	Accounts with accounts type full	PDF
2022-03-01	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-10-27	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 1
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-07-31 vs 2023-07-31

Turnover

-17.9%

£39,245,838 £32,219,032
Cash

-59.4%

£5,199,922 £2,111,253

lowest in 3 filed years
Net assets

+2.7%

£18,602,067 £19,110,685

highest in 3 filed years
Employees

0%

56 56
Operating profit

-52.8%

£2,249,588 £1,062,014

lowest in 3 filed years
Profit before tax

-44.9%

£2,298,481 £1,265,579

lowest in 3 filed years
Wages

-13.8%

£2,882,005 £2,484,618

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page