USP STEELS LIMITED Financials
- Company number
- 10437761CopyCopy
- Registered office
- Pedmore Road, Dudley, West Midlands DY2 0RL
- Incorporated
- 20/10/2016
Company snapshot
- Status
- Active
- Employees
- 82 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
8.41%vs 20242024: £10.78M
Total Assets
52.29%vs 20242024: £51.75M
Cash in Bank
37.90%vs 20242024: £51.64K
Total Liabilities
44.07%vs 20242024: £39.97M
Employees
+33vs 20242024: 49
In 2025, USP STEELS LIMITED reported net assets of £11.68M. The same filing shows total assets of £78.80M, cash in bank of £71.21K and total liabilities of £57.59M. Reported headcount was 82 in 2025. Total Assets rose from £51.75M in 2024 to £78.80M in 2025 (52.29%). Okredo holds filed figures for 2021–2025; 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
8.41%from £10.78M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures USP STEELS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+1.3%vs 2023+0.7% a year compound (CAGR)
Cash in Bank
+38%vs 2023+17.5% a year compound (CAGR)
Total Assets
+18%vs 2023+8.6% a year compound (CAGR)
Total Liabilities
+6.5%vs 2023+3.2% a year compound (CAGR)
Employees
+51.9%vs 2023+28Biggest increase
Employees+51.9%
54 in 2023 to 82 in 2025
Every indicator Okredo holds for USP STEELS LIMITED rose between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from USP 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
- 14.82%2025
- 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
- 73.08%2025
- 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
- 0.12%2025
- 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
- 0.09%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £1.21M2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for USP STEELS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 11.88M | 11.93M | 11.53M | 10.78M | 11.68M |
| Total Assets£ | 50.85M | 62.10M | 66.77M | 51.75M | 78.80M |
| Cash in Bank£ | 107.55K | 90.97K | 51.61K | 51.64K | 71.21K |
| Total Liabilities£ | 38.04M | 48.87M | 54.09M | 39.97M | 57.59M |
| Employees | 32 | 40 | 54 | 49 | 82 |
USP STEELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for USP STEELS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
USP STEELS LIMITED reported net assets of £11.68M for 2025. That compares with £10.78M in 2024, a change of 8.41%.
USP STEELS LIMITED reported total assets of £78.80M for 2025. That compares with £51.75M in 2024, a change of 52.29%.
USP STEELS LIMITED reported cash in bank of £71.21K for 2025. That compares with £51.64K in 2024, a change of 37.90%.
USP STEELS LIMITED reported 82 employees in 2025, compared with 49 in 2024.
Between 2023 and 2025, USP STEELS LIMITED's net assets rose by 1.3%, cash in bank rose by 38%, total assets rose by 18% and total liabilities rose by 6.5%. Net assets compounded at 0.7% a year across the two years to 2025, from £11.53M to £11.68M. Reported headcount went from 54 in 2023 to 82 in 2025 (+28).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.