MIDLAND STEEL REINFORCEMENT SUPPLIES (GB) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-04-02
Overdue
Watchouts
Cash
£125K
+79.3% vs 2023
Net assets
£4M
+14.8% vs 2023
Employees
56
-13.8% vs 2023
Profit before tax
£779K
-32.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-02.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £53,339,519 | £39,420,476 | |
| Operating profit | £1,600,185 | £1,180,166 | |
| Profit before tax | £1,159,911 | £779,107 | |
| Net profit | £878,267 | £573,704 | |
| Cash | £69,511 | £124,634 | |
| Total assets less current liabilities | £4,195,408 | £4,974,515 | |
| Net assets | £3,886,628 | £4,460,332 | |
| Equity | £3,886,628 | £4,460,332 | |
| Average employees | 65 | 56 | |
| Wages | £3,274,553 | £2,456,808 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.0% | 3.0% | |
| Net margin | 1.6% | 1.5% | |
| Return on capital employed | 38.1% | 23.7% | |
| Gearing (liabilities / total assets) | 70.8% | 68.3% | |
| Current ratio | 1.27x | 1.25x | |
| Interest cover | 3.62x | 2.92x |
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
- MC2 Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Given the strong Statement Of Financial Position and the forecasted performance of the company for a period of 12 months from the date of approving these financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOYLE, James | Secretary | 2010-12-17 | — | — |
| WATSON, Stuart | Director | 2010-06-01 | Feb 1965 | British |
| WOODS, Martin Anthony | Director | 2010-03-24 | Jun 1968 | Irish |
| WOODS, Paul | Director | 2024-01-02 | Jun 1994 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURKE, Colm | Secretary | 2010-03-24 | 2010-12-17 |
| POREMA LIMITED | Corporate Secretary | 2010-03-23 | 2010-03-24 |
| KAVANAGH, Sean | Director | 2010-03-23 | 2010-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Martin Anthony Woods | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mrs Josephine Woods | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | AA | accounts | Accounts with accounts type full | |
| 2023-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-04 | AA | accounts | Accounts with accounts type full | |
| 2022-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-24 | AA | accounts | Accounts with accounts type full | |
| 2021-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-29 | AA | accounts | Accounts with accounts type full | |
| 2020-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-04 | AA | accounts | Accounts with accounts type full | |
| 2019-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-03-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-02-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2018-08-16 | AA | accounts | Accounts with accounts type full | |
| 2018-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-26.1%
£53,339,519 £39,420,476
-
Cash
+79.3%
£69,511 £124,634
-
Net assets
+14.8%
£3,886,628 £4,460,332
-
Employees
-13.8%
65 56
-
Operating profit
-26.2%
£1,600,185 £1,180,166
-
Profit before tax
-32.8%
£1,159,911 £779,107
-
Wages
-25%
£3,274,553 £2,456,808
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