PROJECT STEEL MIDCO 1 LIMITED Financials
- Company number
- 11726678CopyCopy
- Registered office
- 25 Victoria Street, London SW1H 0EX
- Incorporated
- 14/12/2018
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-19.97%vs 20232023: £-9.56M
Total Assets
No changevs 20232023: £17.12M
Total Liabilities
7.15%vs 20232023: £26.68M
Employees
0vs 20232023: 4
In 2024, PROJECT STEEL MIDCO 1 LIMITED reported net assets of £-11.46M. The same filing shows total assets of £17.12M and total liabilities of £28.59M. Reported headcount was 4 in 2024. Net Assets fell from £-9.56M in 2023 to £-11.46M in 2024 (-19.97%). 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
-19.97%from £-9.56M 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 PROJECT STEEL MIDCO 1 LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
0%vs 20220% a year compound (CAGR)
Total Liabilities
+16.5%vs 2022+8% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+16.5%
£24.53M in 2022 to £28.59M in 2024
PROJECT STEEL MIDCO 1 LIMITED's filings pull in both directions between 2022 and 2024. That rise came in total liabilities, pointing to heavier outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROJECT STEEL MIDCO 1 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
- -66.96%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
- 166.96%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PROJECT STEEL MIDCO 1 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£ | -5.26M | -7.41M | -9.56M | -11.46M |
| Total Assets£ | 17.12M | 17.12M | 17.12M | 17.12M |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 22.38M | 24.53M | 26.68M | 28.59M |
| Employees | 4 | 4 | 4 | 4 |
PROJECT STEEL MIDCO 1 LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROJECT STEEL MIDCO 1 LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
PROJECT STEEL MIDCO 1 LIMITED reported net assets of £-11.46M for 2024. That compares with £-9.56M in 2023, a change of -19.97%.
PROJECT STEEL MIDCO 1 LIMITED reported total assets of £17.12M for 2024. That compares with £17.12M in 2023.
PROJECT STEEL MIDCO 1 LIMITED reported total liabilities of £28.59M for 2024. That compares with £26.68M in 2023, a change of 7.15%.
PROJECT STEEL MIDCO 1 LIMITED reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, PROJECT STEEL MIDCO 1 LIMITED's total assets was unchanged, total liabilities rose by 16.5% and employee numbers was unchanged. Reported headcount went from 4 in 2022 to 4 in 2024. The largest gain over the period was total liabilities, up 16.5% from £24.53M to £28.59M.
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.