STEELMASTERS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£3K
-73.7% lowest in 3 filed years
Net assets
£512K
-6.6% lowest in 3 filed years
Employees
3
-25% lowest in 3 filed years
Profit before tax
—
Period ending 2025-03-31
Name history
Renamed 1 time since incorporation
- STEELMASTERS LIMITED 1993-02-08 → present
- WAVENEY STEELS LIMITED 1985-03-18 → 1993-02-08
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £598,164 | £449,286 | |
| Operating profit | — | £717 | -£36,218 | |
| Profit before tax | — | — | — | |
| Net profit | — | £637 | -£36,352 | |
| Cash | £10,164 | £9,729 | £2,559 | |
| Total assets less current liabilities | £547,819 | £548,456 | £512,104 | |
| Net assets | £547,819 | £548,456 | £512,104 | |
| Equity | £547,819 | £548,456 | £512,104 | |
| Average employees | 4 | 4 | 3 | |
| Wages | — | — | — |
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 | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | 0.1% | -8.1% | |
| Net margin | — | 0.1% | -8.1% | |
| Return on capital employed | — | 0.1% | -7.1% | |
| Current ratio | — | 5.21x | 59.99x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors decided to cease external sales in the year. The Company is in a solvent position with significant intercompany balances owing from other operational group entities. It is envisaged that the Company will be retained as a dormant entity with the intercompany balances being cleared at an appropriate time. The Directors therefore continue to adopt the going concern basis of accounting as the Company has the potential to resume trading in the future.”
Significant events
- “The Directors decided to cease external sales in the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SCALES, Andrew Walter | Director | — | Mar 1952 | British |
| WATSON, Benjamin George | Director | 2012-04-01 | Jun 1975 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SCALES, Lindsey Margaret Paterson | Secretary | 2000-02-18 | 2018-09-01 |
| TURNER, Brian Alfred | Secretary | — | 2000-02-18 |
| GOREHAM, Dale Philip | Director | — | 1998-10-05 |
| SCALES, Lindsey Margaret Paterson | Director | 2000-02-18 | 2001-12-20 |
| TURNER, Brian Alfred | Director | — | 2000-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew Walter Scales | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
| Scws (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-30 | AA | accounts | Accounts with accounts type small | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-24 | AA | accounts | Accounts with accounts type small | |
| 2023-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-06 | AA | accounts | Accounts with accounts type small | |
| 2022-03-09 | AA | accounts | Accounts with accounts type small | |
| 2022-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-03-17 | AA | accounts | Accounts with accounts type small | |
| 2021-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-16 | AA | accounts | Accounts with accounts type small | |
| 2019-03-19 | CH01 | officers | Change person director company with change date | |
| 2019-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2018-12-23 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-24.9%
£598,164 £449,286
-
Cash
-73.7%
£9,729 £2,559
lowest in 3 filed years
-
Net assets
-6.6%
£548,456 £512,104
lowest in 3 filed years
-
Employees
-25%
4 3
lowest in 3 filed years
-
Operating profit
-5,151.3%
£717 -£36,218
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