A C Steels Ltd in Bloxwich, WS2 7LY

Description

Data updated on: 01-11-2023

06759649 - registration number for A C Steels Ltd. The company was registered as a Private Limited Company on 2008-11-27. The company has been operating on the British market for the last sixteen years. This firm can be reached at International House Fryers Road in Bloxwich. The head office's postal code assigned to this location is WS2 7LY. The registered name of the firm got changed in 2008 to A C Steels Ltd. This firm previous registered name was A C Steels & Fabrication. The company's principal business activity number is 24200 which stands for Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. The business most recent filed accounts documents were submitted for the period up to December 31, 2022 and the most recent confirmation statement was submitted on November 15, 2022.

Having two job advert since 2014-06-25, the company has been active on the job market. On 2014-06-25, it was looking for new employees for a full time Overhead Crane Operator post in Walsall, and on 2014-06-25, for the vacant post of a full time Saw Operator in Walsall.

Current directors enumerated by the company are as follow: Paul P. assigned this position 6 years ago, Christopher P. assigned this position in 2015 and Ross P. assigned this position in 2015.

Previous company's names
A C Steels Ltd 2008-12-21
A C Steels & Fabrication Ltd 2008-11-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	95 140	17 875	281 401	82 758	22 873	172 783	492 502	555 516
Current Assets	7 588 436	9 356 254	11 363 472	12 438 283	13 942 987	13 729 017	17 796 900	19 253 898
Debtors	4 073 926	5 271 407	5 909 242	6 599 362	8 030 676	7 939 736	8 020 982	8 728 644
Net Assets Liabilities	1 552 116	1 750 264	1 911 625	2 240 104	2 105 230	3 061 238	4 479 396	5 619 382
Other Debtors	187 658	112 707	17 133	18 380	379 967	909 967	330 455	885 238
Property Plant Equipment	2 174 786	2 189 990	3 040 237	3 122 885	3 630 803	4 012 548	4 787 947	6 228 139
Total Inventories	3 419 370	4 066 972	5 172 829	5 756 163	5 889 438	5 616 498	9 283 416	9 969 738

Other Financial Data
Audit Fees Expenses	8 000	8 000	8 000	8 000	15 000	25 333	31 277	28 728
Accrued Liabilities Deferred Income	43 228	37 421	21 364	54 000	52 800	51 600
Accumulated Depreciation Impairment Property Plant Equipment	249 617	365 596	493 873	633 439	534 011	594 010	721 363	877 363
Additional Provisions Increase From New Provisions Recognised		7 483				93 782	68 261
Additions Other Than Through Business Combinations Property Plant Equipment		131 183	978 524	222 214
Administration Support Average Number Employees	14	14	16	15
Administrative Expenses	1 372 151	1 692 141	1 827 100	1 679 352	2 027 755	2 014 359	2 417 530	2 597 204
Advances On Invoice Discounting Facilities		3 316 400	4 155 371	5 170 433
Applicable Tax Rate	20	20	19	19	19	19	19	19
Average Number Employees During Period	67	70	63	61	64	67	70	70
Bank Borrowings Overdrafts	27 774	42 600	47 400	1 823 777	1 737 619	2 364 760	2 405 595	2 278 447
Bank Charges Classified As Finance Costs	103 593	103 326
Cash Cash Equivalents Cash Flow Value	95 140	17 875	281 401	82 758	22 873	172 783	492 502
Comprehensive Income Expense	963 327	304 148	286 361	328 479	-134 874	356 008	1 418 158	1 475 983
Corporation Tax Payable	106 417	180 536	357 871	364 885			89 400	89 400
Cost Inventories Recognised As Expense Gross	11 358 915	11 916 104	15 254 359	16 593 532
Cost Sales	13 742 344	14 628 960	16 631 880	16 763 497	18 921 234	17 151 922	28 897 581	32 510 990
Creditors	7 139 656	8 748 336	10 925 074	1 897 107	1 889 011	2 785 548	2 958 916	3 198 124
Current Tax For Period	106 417	180 305	152 780	108 415	-106 822		88 429
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	3 640	7 483	-1 245	-2 924
Deferred Tax Liabilities	44 384	51 867	50 622	47 698
Depreciation Expense Property Plant Equipment	78 822	115 979	128 277	139 566	96 000	59 999	138 131	156 000
Depreciation Rate Used For Property Plant Equipment		10	10	10
Depreciation Transfer Revaluation Surplus Before Tax Increase Decrease In Equity		-26 000	-26 000	-26 000
Distribution Costs	1 182 029	1 770 765	1 350 667	1 376 916	1 577 978	1 270 549	1 518 290	1 497 359
Dividends Paid		106 000	125 000					36 000
Dividends Paid Classified As Financing Activities		106 000	125 000					-36 000
Dividends Paid On Shares		106 000	125 000					36 000
Finance Lease Liabilities Present Value Total	69 895	80 357	81 444	19 330	21 607	90 488	164 914	210 331
Finance Lease Payments Owing Minimum Gross	79 367	90 198	86 944	48 940
Further Item Borrowings Component Total Borrowings	2 963 021	3 316 400
Further Operating Expense Item Component Total Operating Expenses	70 583	71 372
Future Finance Charges On Finance Leases	9 472	9 841	5 500	2 313
Future Minimum Lease Payments Under Non-cancellable Operating Leases	32 690	15 151	33 974	16 409
Gain Loss In Cash Flows From Change In Accrued Items	4 497	-5 807	-16 057	32
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	118 670	1 528 665	2 002 974	410 338	2 606 664	-2 038 813	3 140 602	1 271 431
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	167 550	-1 197 481	-637 835	-690 120	-1 131 874	-100 479	121 888	-759 523
Gain Loss In Cash Flows From Change In Inventories	-393 673	-647 602	-1 105 857	-583 334
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss		196	1 497
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	650 000
Government Grant Income	1 200	1 200	1 200	1 200
Government Grants Payable	58 800	57 600	56 400	55 200
Gross Profit Loss	3 076 244	3 979 910	3 756 436	3 614 282	3 184 242	3 640 936	5 261 249	6 164 017
Income Expense Recognised Directly In Equity		-106 000	-125 000
Income Taxes Paid Refund Classified As Operating Activities	63 442	106 186	58 355	-101 401	-364 885		107 793
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-30 830	-77 265	263 526	-198 643	-59 885	149 910	319 719	63 014
Increase Decrease In Current Tax From Adjustment For Prior Periods			82 910				-971
Increase Decrease In Existing Provisions			-1 245	-2 924
Increase From Depreciation Charge For Year Property Plant Equipment		115 979	128 277	139 566	96 000	59 999	138 131	156 000
Interest Expense On Bank Loans Similar Borrowings		103 326	99 854	16 226	55 422	31 723	52 257	110 139
Interest Expense On Bank Overdrafts			99 854	146 905
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	16 246	22 861	20 512	16 226
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	6 509	5 018	8 437	31 557	1 022	10 780	29 828	24 684
Interest Paid Classified As Operating Activities	126 348	131 205	128 803	-163 131	-260 380	-226 062	-267 996	-441 441
Interest Payable Similar Charges Finance Costs	126 348	131 205	128 803	194 688	261 402	236 842	297 824	466 125
Net Cash Flows From Used In Financing Activities	958 026	-124 386	409 297	-414 552	285 702	-1 949 416	183 095	688 363
Net Cash Flows From Used In Investing Activities	-1 323 464	-131 183	-978 524	222 214	241 210	441 744	298 182	906 192
Net Cash Flows From Used In Operating Activities	334 608	178 304	832 753	390 981	-467 027	1 357 762	-800 996	-1 657 569
Net Cash Generated From Operations	524 398	415 695	1 019 911	94 892	-1 093 314	1 120 920	-991 027	-2 123 694
Net Current Assets Liabilities	448 780	607 918	438 398	1 062 024	411 136	2 029 318	3 004 643	3 018 108
Net Deferred Tax Liability Asset	44 384	51 867	50 622	47 698
Number Shares Issued Fully Paid	100	100	100	100	100	600 000	600 000	1
Operating Profit Loss	549 732	623 141	649 609	628 658	-343 001	686 632	1 492 497	2 142 108
Other Creditors	130 654	4 450	1 525	90 901		6 298	250 496	17 219
Other Departments Average Number Employees	3	3	3
Other Operating Income Format1	27 668	106 137	70 940	70 644	78 490	330 604	167 068	72 654
Other Taxation Social Security Payable	797 507	1 289 329	1 037 475	34 839	40 862	323 183	167 236	39 929
Par Value Share		1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	3 174	-10 462	-1 087	-34 817	-3 382	327 035	207 823	-278 227
Pension Costs Defined Contribution Plan			9 432	21 209
Pension Other Post-employment Benefit Costs Other Pension Costs			9 432	21 209	28 411	37 859	37 614	41 252
Prepayments Accrued Income	4 904	17 812	10 000	10 000	8 979	8 979	54 949
Proceeds From Borrowings Classified As Financing Activities	960 000	-30 048	532 010	-449 369		-750 000
Proceeds From Government Grants Classified As Financing Activities	1 200	1 200	1 200	1 200
Production Average Number Employees	50	53	44	43
Production Manufacturing Expense		71 372	27 531
Profit Loss	313 327	304 148	286 361	328 479	-497 581	356 008	1 037 983	1 475 983
Profit Loss On Ordinary Activities Before Tax	423 384	491 936	520 806	433 970	-604 403	449 790	1 194 673	1 675 983
Property Plant Equipment Gross Cost	2 424 403	2 555 586	3 534 110	3 756 324	4 164 814	4 606 558	5 509 310	7 105 502
Provisions	44 384	51 867	50 622	47 698	47 698	141 480	209 741	409 741
Purchase Property Plant Equipment	1 323 464	131 183	978 524	-222 214	-241 210	-441 744	-738 132	-906 192
Raw Materials	3 262 570	3 905 076	4 981 747	5 312 052	5 675 696	5 172 387	8 997 859	9 829 624
Rental Leasing Income	26 468	104 937	69 740	69 444
Revenue From Sale Goods	16 818 588	18 608 870	20 388 316	22 924 625
Selling Average Number Employees			3	3
Social Security Costs	123 620	149 130	143 747	125 513	152 128	174 794	252 685	245 491
Staff Costs Employee Benefits Expense	1 590 179	1 844 021	1 722 330	1 655 053	1 860 014	2 220 331	2 628 457	2 637 960
Taxation Including Deferred Taxation Balance Sheet Subtotal	44 384	51 867	50 622	47 698
Tax Expense Credit Applicable Tax Rate	85 227	147 477	100 237	82 454	-114 837	85 460	226 988	318 437
Tax Increase Decrease From Effect Capital Allowances Depreciation	1 432	2 944	8 424	14 449	-28 771	-73 500	-128 053	-327 744
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings		10 427	8 424
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	19 741	29 884	42 882	8 588	7 307	816	7 167	9 307
Tax Increase Decrease From Other Short-term Timing Differences	3 640	7 483
Tax Tax Credit On Profit Or Loss On Ordinary Activities	110 057	187 788	234 445	105 491	-106 822	93 782	156 690	200 000
Total Assets Less Current Liabilities	2 623 566	2 797 908	3 478 635	4 184 909	4 041 939	6 041 866	7 792 590	9 246 247
Total Current Tax Expense Credit		180 305	235 690	108 415
Trade Creditors Trade Payables	3 038 400	3 849 268	5 269 250	5 258 360	7 635 835	5 607 969	7 764 983	8 706 358
Trade Debtors Trade Receivables	3 881 364	5 140 888	5 882 109	6 570 982	7 343 489	6 913 968	7 325 622	7 585 311
Transportation Costs			27 531	27 640
Turnover Revenue	16 818 588	18 608 870	20 388 316	20 377 779	22 105 476	20 792 858	34 158 830	38 675 007
Wages Salaries	1 466 559	1 694 891	1 569 151	1 508 331	1 679 475	2 007 678	2 338 158	2 351 217
Work In Progress	156 800	161 896	191 082	444 111	213 742	444 111	285 557	140 114
Director Remuneration	43 544	134 783	158 868	161 276	199 344	214 103	300 233	381 652
Amount Specific Advance Or Credit Directors					157 099	80 961	309 956	258 095
Amount Specific Advance Or Credit Made In Period Directors					157 099	103 080	392 534	258 095
Amount Specific Advance Or Credit Repaid In Period Directors						341 140	1 617	309 956
Company Contributions To Money Purchase Plans Directors				1 906	3 268	3 573	3 372	3 646
Dividend Recommended By Directors								36 000
Number Directors Accruing Benefits Under Money Purchase Scheme				3	3	3	3	3
Accrued Liabilities Not Expressed Within Creditors Subtotal						53 600	144 537	19 000
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss								200 000
Bank Borrowings				1 911 331	1 839 673	186 367	114 405	115 553
Cash Receipts From Government Grants					-1 200	-1 200
Corporation Tax Recoverable					106 822	106 822
Depreciation Amortisation Expense				139 566	96 000	60 000	138 131	156 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment							10 778
Disposals Property Plant Equipment							215 555
Dividends Paid On Shares Interim								18 000
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					362 707		380 175
Further Item Interest Expense Component Total Interest Expense				146 905	195 179	185 858	212 257	298 194
Gain Loss On Disposal Assets Income Statement Subtotal							235 173
Gain Loss On Disposals Property Plant Equipment							235 173
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				583 334	133 275	-272 940	3 666 918	686 322
Interest Expense On Loan Capital					9 779	8 481	3 482	33 108
Issue Equity Instruments						600 000		-299 997
Nominal Value Shares Issued Specific Share Issue						1		1
Other Comprehensive Income Expense Net Tax					362 707		380 175
Other Deferred Tax Expense Credit				-2 924		93 782	68 261	200 000
Other Remaining Borrowings					83 504	19 609
Proceeds From Issuing Shares						-600 000		299 997
Proceeds From Sales Property Plant Equipment							-439 950
Provisions For Liabilities Balance Sheet Subtotal				47 698	47 698	141 480	209 741	409 741
Repayments Borrowings Classified As Financing Activities								-126 000
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment					-195 428
Tax Decrease From Utilisation Tax Losses					-29 479	12 776	16 702
Total Additions Including From Business Combinations Property Plant Equipment					241 210	441 744	738 132	1 596 192
Total Borrowings				1 957 958	1 954 576	205 976	114 405	9 882 088
Total Increase Decrease From Revaluations Property Plant Equipment					167 280		380 175
Total Operating Lease Payments				40 000	41 010	30 667	9 000	36 000

Company staff

Paul P.

Role: Director

Appointed: 10 September 2018

Latest update: 12 April 2024

Christopher P.

Role: Director

Appointed: 01 October 2015

Latest update: 12 April 2024

Ross P.

Role: Director

Appointed: 01 October 2015

Latest update: 12 April 2024

Rebecca F.

Role: Director

Appointed: 02 January 2009

Resigned: 10 September 2018

Latest update: 12 April 2024

Carl T.

Role: Secretary

Appointed: 27 November 2008

Resigned: 02 January 2009

Latest update: 12 April 2024

Antony H.

Role: Director

Appointed: 27 November 2008

Resigned: 02 January 2009

Latest update: 12 April 2024

People with significant control

Paul P. is the individual who controls this firm, owns over 3/4 of company shares.

Paul P.

Notified on 15 February 2018

Nature of control:

over 3/4 of shares

Rebecca F.

Notified on 1 July 2016

Ceased on 15 February 2018

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	29 November 2023
Confirmation statement last made up date	15 November 2022

Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Overhead Crane Operator in Walsall, posted on Wednesday 25th June 2014
Region / City	Midlands, Walsall
Industry	Uncategorised manufacturing services
Work hours	Shift work
Job type	full time
Application by email	wendy@acsteels.co.uk


Saw Operator in Walsall, posted on Wednesday 25th June 2014
Region / City	Midlands, Walsall
Industry	Other manufacturing services
Work hours	Shift work
Job type	full time
Application by email	wendy@acsteels.co.uk

A C Steels Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Paul P.

Christopher P.

Ross P.

Rebecca F.

Carl T.

Antony H.

People with significant control

Paul P.

Rebecca F.

Accounts Documents

Jobs and Vacancies at A C Steels Limited

Company filings

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