Steelco (UK) Limited in Hastings, TN38 9BQ

Description

Data updated on: 01-11-2023

The official day this firm was registered is 1988-11-18. Started under number 02319502, this firm operates as a Private Limited Company. You can reach the main office of this firm during its opening hours at the following address: Tremlon House Menzies Road, TN38 9BQ Hastings. This firm's SIC and NACE codes are 46720 meaning Wholesale of metals and metal ores. 2022-07-31 is the last time when the accounts were filed.

Steelco Uk Ltd is a medium-sized vehicle operator with the licence number OD0252483. The firm has one transport operating centre in the country. In their subsidiary in Dudley on 14 Blackbrook Valley Industrial Estate, 8 machines and 6 trailers are available.

The following firm owes its success and permanent development to a group of five directors, specifically Elliott F., Matthew F., Sebastian F. and 2 other members of the Management Board who might be found within the Company Staff section of our website, who have been supervising it since February 2023. Moreover, the managing director's duties are assisted with by a secretary - Alan F..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency
Net Worth	730 792	1 120 046

Balance Sheet
Cash Bank In Hand	1 064	1 064
Cash Bank On Hand		1 064	4 957	876	267	519	259	177	1 177	664
Current Assets	3 541 010	3 118 770	2 665 879	3 247 779	4 061 549	3 419 783	3 041 059	12 959 454	12 415 559	10 151 076
Debtors	2 432 324	1 961 367	1 568 136	1 595 444	2 398 313	1 784 290	1 774 965	11 111 608	9 670 138	8 194 322
Net Assets Liabilities		1 120 046	1 245 446	1 883 178	2 036 479	1 973 103	1 976 565	7 363 269	11 784 183	12 362 842
Net Assets Liabilities Including Pension Asset Liability	730 792	1 120 046
Other Debtors			1 000			13 249		5 350		40
Property Plant Equipment		1 718 206	2 111 854	2 074 245	3 045 613	2 874 209	2 781 889	3 619 024	3 557 826
Stocks Inventory	1 107 622	1 156 339
Tangible Fixed Assets	1 427 742	1 718 206
Total Inventories		1 156 339	1 092 786	1 651 459	1 662 969	1 634 974	1 265 835	1 847 669	2 744 244	1 956 090

Capital & Reserves
Called Up Share Capital	201 000	201 000
Profit Loss Account Reserve	529 792	796 518
Shareholder Funds	730 792	1 120 046

Other Financial Data
Company Contributions To Money Purchase Plans Directors		36 000	40 000			60 000		60 000		20 108
Director Remuneration	105 000		45 000	180 000						20 020
Number Directors Accruing Benefits Under Money Purchase Scheme		2	2	2	2	2	2	2	2	5
Accruals Deferred Income Within One Year	19 052	24 347
Accrued Liabilities Deferred Income		24 347	31 098	19 486	31 984	32 806	36 813	99 978	35 490	41 222
Accumulated Depreciation Impairment Property Plant Equipment		650 023	740 195	879 324	811 427	999 935	1 139 101	1 266 208	1 415 003	117 221
Administrative Expenses	1 513 593	1 222 915	993 733	1 233 855	1 234 955	1 368 346	1 239 813	1 284 557	1 725 713	1 585 103
Applicable Tax Rate		20	20	20	19	19	19	19	19	21
Average Number Employees During Period		29	30	31	31	31	31	29	29	29
Bank Borrowings Overdrafts	1 890	3 097							60
Bank Overdrafts	1 890	3 097							60
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	2 550
Capital Commitments				318 801
Cash Cash Equivalents Cash Flow Value		-2 033	4 957	876		519	259	177	1 117
Cash Flow Outflow From Change In Debt Lease Financing	28 800
Comprehensive Income Expense		569 254	882 750	1 805 732	833 300	116 624	183 462	7 566 704	6 600 914	1 108 659
Corporation Tax Due Within One Year	25 402	64 462
Corporation Tax Payable		64 462	197 239	444 495	77 456	28 680	62 896	1 576 826	1 019 719	169 810
Cost Sales	27 155 382	18 696 888	15 419 808	19 185 419	22 982 666	21 209 134	18 301 093	20 471 756	26 119 401	25 337 687
Creditors		9 000	186 317	134 321	522 767	384 723	268 343	182 293	3 904 302	1 043 536
Creditors Due After One Year	30 600	9 000
Creditors Due Within One Year	4 111 460	3 615 030
Current Tax For Period		69 904	197 513	444 769	112 456	28 680	34 216	1 576 826	1 529 719	258 841
Debtors Due Within One Year	2 432 324	1 961 367
Decrease Increase In Net Debt During Period	27 992
Decrease Increase In Net Debt Resulting From Cash Flows	27 992
Deferred Tax Liability	95 900	92 900
Depreciation Amortisation Expense		82 500	118 445	140 847	168 210	188 507	183 884	189 694	201 716	213 278
Depreciation Expense Property Plant Equipment		57 711	76 730	100 225	89 778	82 015	78 799	85 946	201 715	213 279
Depreciation Tangible Fixed Assets Expense	77 046	57 711
Difference Between Accumulated Depreciation Amortisation Capital Allowances		-3 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment			28 272	1 717	174 507		44 719		52 920	150 105
Disposals Property Plant Equipment			42 450	2 250	226 914		56 950		68 899	233 676
Distribution Costs	1 100 338	920 880	744 210	677 273	662 480	720 651	689 102	711 882	719 473	764 863
Dividends Paid		180 000	757 350	1 168 000	680 000	180 000	180 000	2 180 000	2 180 000	530 000
Dividends Paid Classified As Financing Activities		-180 000	-757 350	-1 168 000	-680 000	-180 000	-180 000	-2 180 000	-2 180 000	-530 000
Expenses Not Deductible For Tax Purposes	2 083
Finance Lease Liabilities Present Value Total		9 000	186 317	134 321	522 767	384 723	268 343	86 049
Finished Goods		280 979	247 813	404 327	285 086	336 992	260 749	306 171	551 215	386 038
Finished Goods Goods For Resale	261 224	280 979
Foreign Exchange Gain Loss Recognised In Profit Loss	-1 728
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		272 375			289 706			993 444
Further Item Interest Expense Component Total Interest Expense		89 564	76 831	59	112 585	136 071	390	50 933	3 533	3 639
Further Operating Expense Item Component Total Operating Expenses		7 200	7 200	7 200	7 200	7 200	7 200	7 200	5 800	11 585
Future Minimum Lease Payments Under Non-cancellable Operating Leases			1 174	1 174	1 174	1 174	1 116	1 116	558
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-608	395	-1 131	-1 023	-1 756	-375	-213	-1 397	22
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		-536 697	-557 035	-276 101	1 503 280	-568 174	-386 077	3 861 176	-4 218 418	-2 010 796
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		470 959	393 230	-27 309	-802 868	614 024	9 326	-9 336 643	1 441 469	1 475 816
Gain Loss On Disposal Assets Income Statement Subtotal		-8 948	-3 678	1 467	42 068		-8 731		2 021	-38 071
Gain Loss On Disposals Property Plant Equipment		-8 948	-3 678	1 467	42 068		-8 731		2 021	-38 071
Geographic Segment Costs	-29 996 721	-21 085 997
Geographic Segment Revenue By Destination	211 797	169 613
Gross Profit Loss	3 053 136	2 558 722	2 924 032	4 250 612	2 702 757	2 392 196	2 280 886	10 307 609	10 599 177	3 841 483
Income From Related Parties			1 514 159	2 188 261	2 344 565	135 511	147 378	195 970	257 496	204 211
Income Taxes Paid Refund Classified As Operating Activities		-25 402	-64 736	-197 513	-479 495	-77 456		-62 896	-2 086 826	-1 108 750
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-1 207	6 990	-4 081	-609	252	-260	-82	940	-453
Increase Decrease In Current Tax From Adjustment For Prior Periods		-10 063	-3 507
Increase Decrease In Net Cash For Period	-808
Increase Decrease In Property Plant Equipment			324 971		520 127
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		48 717	-63 553	558 673	11 510	-27 995	-369 139	581 834	896 575	-788 154
Increase From Depreciation Charge For Year Property Plant Equipment			118 444	140 846	168 211	188 508	183 885	189 694	201 715	2 753
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		1 165	3 390	5 382	9 897	16 624	11 823	6 905	1 844
Interest Paid Classified As Operating Activities				-59	-5 735		-390	-467	-3 533	-3 639
Interest Payable Similar Charges	119 420
Interest Payable Similar Charges Finance Costs		90 729	80 221	91 452	128 217	152 695	124 019	58 305	5 583	3 717
Loans Owed To Related Parties			-2 641 374	-2 279 119	-3 866 175	-3 460 818	-2 884 991	-6 127 916	-2 552 058	-477 142
Net Cash Flows From Used In Financing Activities		201 600	540 638	1 228 996	205 504	318 045	318 045	2 296 380	2 448 342	530 000
Net Cash Flows From Used In Investing Activities		75 395	515 770	101 770	807 759	17 103	95 170	26 064	138 471	354 026
Net Cash Flows From Used In Operating Activities		-275 788	-1 063 398	-1 326 685	-1 012 654	-335 400	-412 955	-2 322 362	-2 587 753	-883 573
Net Cash Generated From Operations		-391 919	-1 208 355	-1 615 650	-1 620 366	-565 551	-536 974	-2 443 563	-4 680 162	-1 996 040
Net Current Assets Liabilities	-570 450	-496 260	-561 191	58 554	-349 967	-374 783	-379 981	4 193 638	8 511 257	9 107 540
Net Debt Funds	53 026	32 633
Net Increase Decrease In Shareholders Funds	113 736
Net Interest Received Paid Classified As Investing Activities					-45		-5 126	-7 321	-25
Non-taxable Income Less Expenses Not Deductible For Tax Purposes	-590
Number Shares Issued Fully Paid									200 000	400
Obligations Under Finance Lease Hire Purchase Contracts	52 200	30 600
Obligations Under Finance Lease Hire Purchase Contracts After One Year	30 600	9 000
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	21 600	21 600
Operating Profit Loss	439 205	449 070	1 186 484	2 338 353	805 322	303 199	351 971	8 311 170	8 153 991	1 491 517
Other Comprehensive Income Expense Net Tax		272 375			289 706			993 444
Other Creditors		11 309	11 855	12 169	450	668	690	1 064	13 239	9 715
Other Creditors Due Within One Year	11 621	11 309
Other Debtors Within One Year	180
Other Deferred Tax Expense Credit		-3 000	26 000	-3 600	21 100	5 200	15 400	110 100	17 800	120 300
Other Interest Receivable Similar Income	53
Other Interest Receivable Similar Income Finance Income					45		5 126	7 321	25
Other Operating Income Format1		34 143	395	-1 131
Other Operating Leases Expiring Between Two Five Years	1 174	1 174
Other Taxation Social Security Payable		54 680	156 483	248 431	152 604	32 753	207 337	747 438	144 880	243 391
Other Taxation Social Security Within One Year	122 477	54 680
Par Value Share									1	1
Payments Finance Lease Liabilities Classified As Financing Activities		-21 600	216 712	-60 996	-87 848	-138 045	-138 045	-116 380	-268 342
Payments To Related Parties			14 339 862	18 785 185	21 852 269	20 220 264	17 055 941	20 145 345	26 067 400	23 630 979
Pension Costs	4 995
Pension Other Post-employment Benefit Costs Other Pension Costs		100 996	109 796	79 562	136 117	132 866	52 137	104 469	21 663	42 939
Prepayments		69 323	66 193	270 673	76 219	80 090	75 275	79 504	82 034	87 790
Prepayments Accrued Income Current Asset Due Within One Year	72 999	69 323
Proceeds From Sales Property Plant Equipment			-10 500	-2 000	-94 475		-3 500		-18 000	-45 500
Profit Loss		296 879	882 750	1 805 732	543 594	116 624	183 462	6 573 260	6 600 914	1 108 659
Profit Loss For Period	248 736
Profit Loss On Ordinary Activities Before Tax	319 838	358 341	1 106 263	2 246 901	677 150	150 504	233 078	8 260 186	8 148 433	1 487 800
Property Plant Equipment Gross Cost		2 368 229	2 852 049	2 953 569	3 857 040	3 874 144	3 920 990	4 885 232	4 972 829	1 793 539
Provisions		92 900	118 900	115 300	136 400	141 600	157 000	267 100	284 900	405 200
Provisions For Liabilities Balance Sheet Subtotal		92 900	118 900	115 300	136 400	141 600	157 000	267 100	284 900	405 200
Provisions For Liabilities Charges	95 900	92 900
Purchase Property Plant Equipment		-75 395	-526 270	-103 770	-902 279	-17 103	-103 796	-33 385	-156 496	-399 526
Raw Materials		875 360	844 973	1 247 132	1 377 883	1 297 982	1 005 086	1 541 498	2 193 029	1 570 052
Revaluation Reserve		122 528
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment					-61 601			-62 587
Social Security Costs	159 654	121 723	127 936	158 238	138 817	126 074	124 954	155 140	212 066	198 772
Staff Costs	1 624 874
Staff Costs Employee Benefits Expense		1 338 958	1 440 905	1 654 364	1 535 296	1 440 119	1 321 345	1 615 748	1 963 157	1 895 444
Standard Nominal Tax Rate	20
Tangible Fixed Assets Additions		3 207
Tangible Fixed Assets Cost Or Valuation	2 212 009	2 368 229
Tangible Fixed Assets Depreciation	784 267	650 023
Tangible Fixed Assets Depreciation Charged In Period		28 278
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		22 550
Tangible Fixed Assets Depreciation Increase Decrease From Revaluations		-149 846
Tangible Fixed Assets Disposals		31 498
Tangible Fixed Assets Increase Decrease From Revaluations		156 670
Tax Decrease Increase From Effect Revenue Exempt From Taxation					55 044
Tax Expense Credit Applicable Tax Rate		71 668	221 253	441 876	183 703	28 596	44 285	1 569 435	1 548 202	312 512
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		4 997	5 764	5 233	4 938	5 264	5 391	307	158	47
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	63 968
Tax On Profit Or Loss On Ordinary Activities	71 102
Tax Tax Credit On Profit Or Loss On Ordinary Activities		61 462	223 513	441 169	133 556	33 880	49 616	1 686 926	1 547 519	379 141
Total Additions Including From Business Combinations Property Plant Equipment			526 270	103 770	902 279	17 103	103 796	33 385	156 496	3 895
Total Assets Less Current Liabilities	857 292	1 221 946	1 550 663	2 132 799	2 695 646	2 499 426	2 401 908	7 812 662	12 069 083	12 768 042
Total Current Tax Expense Credit		64 462	197 513
Total Dividend Payment	135 000
Total Increase Decrease From Revaluations Property Plant Equipment					228 106			930 857
Total Operating Lease Payments		1 165	1 174	1 174	1 252	1 174	1 150	1 116	1 116	558
Total Recognised Gain Loss For Period	248 736
Total U K Foreign Current Tax After Adjustments Relief	25 402
Trade Creditors Trade Payables		3 435 535	2 769 400	2 412 649	4 010 978	3 561 615	2 996 925	6 254 461	2 690 914	579 398
Trade Creditors Within One Year	3 909 418	3 435 535
Trade Debtors Trade Receivables		1 892 044	1 500 943	1 324 771	2 322 094	1 690 951	1 699 690	11 026 754	9 588 104	8 106 492
Trade Debtors Within One Year	2 359 145	1 892 044
Turnover Gross Operating Revenue	30 208 518	21 255 610
Turnover Revenue		21 255 610	18 343 840	23 436 031	25 685 423	23 601 330	20 581 979	30 779 365	36 718 578	29 179 170
U K Current Corporation Tax	25 402
U K Deferred Tax	45 700
Utilisation Tax Losses	38 689
Wages Salaries	1 460 225	1 116 239	1 203 173	1 416 564	1 260 362	1 181 179	1 144 254	1 356 139	1 729 428	1 653 733
Company Contributions To Money Purchase Schemes Directors		36 000
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised								-3 966	-8 079
Tax Increase Decrease From Effect Capital Allowances Depreciation									-8 920

Company staff

Alan F.

Role: Secretary

Latest update: 6 March 2024

Elliott F.

Role: Director

Appointed: 27 February 2023

Latest update: 6 March 2024

Matthew F.

Role: Director

Appointed: 27 February 2023

Latest update: 6 March 2024

Sebastian F.

Role: Director

Appointed: 27 February 2023

Latest update: 6 March 2024

Nigel F.

Role: Director

Appointed: 15 April 1991

Latest update: 6 March 2024

Alan F.

Role: Director

Appointed: 15 April 1991

Latest update: 6 March 2024

People with significant control

Executives who control the firm include: Alan F. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Nigel F. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Alan F.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Nigel F.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	27 April 2024
Confirmation statement last made up date	13 April 2023

Annual Accounts 11 January 2016
Start Date For Period Covered By Report	01 August 2014
End Date For Period Covered By Report	31 July 2015
Date Approval Accounts	11 January 2016
Annual Accounts
Start Date For Period Covered By Report	01 August 2015
End Date For Period Covered By Report	31 July 2016
Annual Accounts
Start Date For Period Covered By Report	01 August 2016
End Date For Period Covered By Report	31 July 2017
Annual Accounts
Start Date For Period Covered By Report	01 August 2017
End Date For Period Covered By Report	31 July 2018
Annual Accounts
Start Date For Period Covered By Report	01 August 2018
End Date For Period Covered By Report	31 July 2019
Annual Accounts
Start Date For Period Covered By Report	01 August 2019
End Date For Period Covered By Report	31 July 2020
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
Start Date For Period Covered By Report	01 August 2021
End Date For Period Covered By Report	31 July 2022
Annual Accounts
Start Date For Period Covered By Report	01 August 2022
End Date For Period Covered By Report	31 July 2023

Steelco (UK) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Alan F.

Elliott F.

Matthew F.

Sebastian F.

Nigel F.

Alan F.

People with significant control

Alan F.

Nigel F.

Accounts Documents

Company Vehicle Operator Data

Steelco (uk) Ltd

Address

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

Filing category

Additional Information

HQ address,
2015

Address:

Post code:

City / Town:

Accountant/Auditor,
2015

Name:

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode

Steelco (UK) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Alan F.

Elliott F.

Matthew F.

Sebastian F.

Nigel F.

Alan F.

People with significant control

Alan F.

Nigel F.

Accounts Documents

Company Vehicle Operator Data

Steelco (uk) Ltd

Address

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

Filing category

Additional Information

HQ address, 2015

Address:

Post code:

City / Town:

Accountant/Auditor, 2015

Name:

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode

HQ address,
2015

Accountant/Auditor,
2015