NIKAL STEELS LIMITED Financials
- Company number
- 03950507CopyCopy
- Registered office
- Block 3 Unit 14 Peartree Lane, Grazebrook Industrial Estate, Dudley, West Midlands DY2 0XW
- Incorporated
- 17/03/2000
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.35%vs 20232023: £1.54M
Total Assets
2.92%vs 20232023: £2.73M
Cash in Bank
31.61%vs 20232023: £471.93K
Total Liabilities
9.51%vs 20232023: £826.22K
Employees
-3vs 20232023: 14
In 2024, NIKAL STEELS LIMITED reported net assets of £1.61M. The same filing shows total assets of £2.81M, cash in bank of £621.09K and total liabilities of £904.83K. Reported headcount was 11 in 2024. Cash in Bank rose from £471.93K in 2023 to £621.09K in 2024 (31.61%). 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
4.35%from £1.54M 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 NIKAL STEELS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+15.3%vs 2022+7.4% a year compound (CAGR)
Cash in Bank
+51.5%vs 2022+23.1% a year compound (CAGR)
Total Assets
+29.6%vs 2022+13.8% a year compound (CAGR)
Total Liabilities
+16.8%vs 2022+8.1% a year compound (CAGR)
Employees
-15.4%vs 2022-2Biggest increase
Cash in Bank+51.5%
£409.98K in 2022 to £621.09K in 2024
Biggest decrease
Employees-15.4%
13 in 2022 to 11 in 2024
NIKAL STEELS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NIKAL STEELS LIMITED'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
- 57.19%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
- 32.20%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
- 68.64%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
- 22.10%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 NIKAL STEELS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.19M | 1.39M | 1.54M | 1.61M |
| Total Assets£ | 1.99M | 2.17M | 2.73M | 2.81M |
| Cash in Bank£ | 947.57K | 409.98K | 471.93K | 621.09K |
| Total Liabilities£ | 806.31K | 774.67K | 826.22K | 904.83K |
| Employees | 12 | 13 | 14 | 11 |
NIKAL STEELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NIKAL STEELS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NIKAL STEELS LIMITED reported net assets of £1.61M for 2024. That compares with £1.54M in 2023, a change of 4.35%.
NIKAL STEELS LIMITED reported total assets of £2.81M for 2024. That compares with £2.73M in 2023, a change of 2.92%.
NIKAL STEELS LIMITED reported cash in bank of £621.09K for 2024. That compares with £471.93K in 2023, a change of 31.61%.
NIKAL STEELS LIMITED reported 11 employees in 2024, compared with 14 in 2023.
Between 2022 and 2024, NIKAL STEELS LIMITED's net assets rose by 15.3%, cash in bank rose by 51.5%, total assets rose by 29.6% and total liabilities rose by 16.8%. Net assets compounded at 7.4% a year across the two years to 2024, from £1.39M to £1.61M. Reported headcount went from 13 in 2022 to 11 in 2024 (-2).
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.