EMBRACE STEEL GROUP LTD Financials
- Company number
- 12939220CopyCopy
- Registered office
- Cawley House, 149-155 Canal Street, Nottingham, Nottinghamshire NG1 7HR
- Incorporated
- 08/10/2020
Company snapshot
- Status
- Active
- Employees
- 101 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-127.86%vs 20232023: £320.00K
Total Assets
600.53%vs 20232023: £1.69M
Cash in Bank
First reported yearTotal Liabilities
771.01%vs 20232023: £1.37M
Employees
+73vs 20232023: 28
In 2024, EMBRACE STEEL GROUP LTD reported net assets of £-89.14K. The same filing shows total assets of £11.82M, cash in bank of £162.74K and total liabilities of £11.91M. Reported headcount was 101 in 2024. Total Liabilities rose from £1.37M in 2023 to £11.91M in 2024 (771.01%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-127.86%from £320.00K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures EMBRACE STEEL GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-128%vs 2022Total Assets
+1181960900%vs 2022+343697% a year compound (CAGR)
Total Liabilities
+1067%vs 2022+242% a year compound (CAGR)
Employees
+124%vs 2022+56Biggest increase
Total Assets+1181960900%
£1.00 in 2022 to £11.82M in 2024
Biggest decrease
Net Assets-128%
£320.00K in 2022 to £-89.14K in 2024
EMBRACE STEEL GROUP LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EMBRACE STEEL GROUP LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -0.75%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 100.75%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 1.37%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.38%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for EMBRACE STEEL GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.00 | 320.00K | 320.00K | -89.14K |
| Total Assets£ | – | 1.00 | 1.69M | 11.82M |
| Cash in Bank£ | – | – | – | 162.74K |
| Total Liabilities£ | – | 1.02M | 1.37M | 11.91M |
| Employees | – | 45 | 28 | 101 |
EMBRACE STEEL GROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EMBRACE STEEL GROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
EMBRACE STEEL GROUP LTD reported net assets of £-89.14K for 2024. That compares with £320.00K in 2023, a change of -127.86%.
EMBRACE STEEL GROUP LTD reported total assets of £11.82M for 2024. That compares with £1.69M in 2023, a change of 600.53%.
EMBRACE STEEL GROUP LTD reported cash in bank of £162.74K for 2024. There is no earlier filing to compare it against.
EMBRACE STEEL GROUP LTD reported 101 employees in 2024, compared with 28 in 2023.
Between 2022 and 2024, EMBRACE STEEL GROUP LTD's net assets fell by 128%, total assets rose by 1181960900%, total liabilities rose by 1067% and employee numbers rose by 124%. Total assets compounded at 343697% a year across the two years to 2024, from £1.00 to £11.82M. Reported headcount went from 45 in 2022 to 101 in 2024 (+56).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.