STEEL SOLUTIONS (LONDON) LIMITED Financials
- Company number
- 05493368CopyCopy
- Registered office
- 17 Hailey Road, Erith, Kent 17 Hailey Road, Erith, Kent, Kent DA18 4AA
- Incorporated
- 28/06/2005
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-178.13%vs 20222022: £40.50K
Total Assets
-33.91%vs 20222022: £205.73K
Total Liabilities
1.44%vs 20222022: £165.23K
Employees
0vs 20222022: 3
In 2023, STEEL SOLUTIONS (LONDON) LIMITED reported net assets of £-31.64K. The same filing shows total assets of £135.97K and total liabilities of £167.61K. Reported headcount was 3 in 2023. Net Assets fell from £40.50K in 2022 to £-31.64K in 2023 (-178.13%). Okredo holds filed figures for 2021–2023; 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
-178.13%from £40.50K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures STEEL SOLUTIONS (LONDON) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-141%vs 2021Total Assets
-50.5%vs 2021-29.7% a year compound (CAGR)
Total Liabilities
-14.9%vs 2021-7.7% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Net Assets-141%
£77.83K in 2021 to £-31.64K in 2023
Every measure that changed in STEEL SOLUTIONS (LONDON) LIMITED's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from STEEL SOLUTIONS (LONDON) 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
- -23.27%2023
- 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
- 123.27%2023
- 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 STEEL SOLUTIONS (LONDON) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 77.83K | 40.50K | -31.64K |
| Total Assets£ | 274.75K | 205.73K | 135.97K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 196.91K | 165.23K | 167.61K |
| Employees | 3 | 3 | 3 |
STEEL SOLUTIONS (LONDON) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for STEEL SOLUTIONS (LONDON) LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
STEEL SOLUTIONS (LONDON) LIMITED reported net assets of £-31.64K for 2023. That compares with £40.50K in 2022, a change of -178.13%.
STEEL SOLUTIONS (LONDON) LIMITED reported total assets of £135.97K for 2023. That compares with £205.73K in 2022, a change of -33.91%.
STEEL SOLUTIONS (LONDON) LIMITED reported total liabilities of £167.61K for 2023. That compares with £165.23K in 2022, a change of 1.44%.
STEEL SOLUTIONS (LONDON) LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, STEEL SOLUTIONS (LONDON) LIMITED's net assets fell by 141%, total assets fell by 50.5%, total liabilities fell by 14.9% and employee numbers was unchanged. Total assets contracted at 29.7% a year across the two years to 2023, from £274.75K to £135.97K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.