BRITISH STEEL LIMITED
🏛️Establishedactive
12303256 · ltd · incorporated 2019-11-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: SIC 24100
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 37/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (38/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 6.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (6 active, 10 linked, 9 with DOB)
88
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-04-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC03
- 2025-10-06➖HARGREAVES, Damian Paul resigneddirector
- 2025-10-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-23📄resolutionresolution · RESOLUTIONS
- 2025-06-23📄resolutionresolution · RESOLUTIONS
- 2025-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-02📄capital-allotment-sharescapital · SH01
- 2024-09-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-21➕AN, Zengwei appointeddirector
- 2024-01-18📄auditors-resignation-companyauditors · AUD
- 2024-01-15📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-13📄capital-allotment-sharescapital · SH01
- 2022-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-09➖HOLCROFT, Richard resigneddirector
- 2022-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-10📄auditors-resignation-companyauditors · AUD
- 2022-08-09➖LI, Gang resigneddirector
- 2022-03-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-01➕LI, Gang appointeddirector
- 2021-12-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-31➖DEELEN, Antonius Wilhelmus Marcus Jozef resigneddirector
- 2021-02-11🔒Charge registered #4Lender: Secure Trust Bank PLC
- 2020-10-30🔒Charge registered #3Lender: Secure Trust Bank PLC
- 2020-10-30🔒Charge registered #2Lender: Santander UK PLC
- 2020-07-02➕HARGREAVES, Damian Paul appointedsecretary
- 2020-07-02➕CAO, Xijun appointeddirector
- 2020-07-02➕LI, Huiming appointeddirector
- 2020-07-02➕ZHANG, Wei appointeddirector
- 2020-07-02➕DEELEN, Antonius Wilhelmus Marcus Jozef appointeddirector
- 2020-07-02➕HARGREAVES, Damian Paul appointeddirector
- 2020-07-02➕HOLCROFT, Richard appointeddirector
- 2020-05-27🔒Charge registered #1Lender: Santander UK PLC for Itself and as Security Trustee for Each Group Member as Defined in the Charge
- 2019-11-07🏢Company incorporatedAs BRITISH STEEL LIMITED
- 2019-11-07➕HAN, Xi Feng appointeddirector
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-30
Group structure
Jingye Steel (Uk) Holding Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Jingye Steel (Uk) Holding Ltd
Corporate parent · holds 75-100% shares · board control
⬇
BRITISH STEEL LIMITED
This company · 12303256
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Jingye Steel (Uk) Holding Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/11/2019 |
Secretary Of State For Business And Trade Individual | — | — | sig. influencesignificant influence | 12/04/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2019-11-07
Jurisdictionengland-wales
Primary SIC24100 — SIC 24100
Registered office
British Steel, Administration Building
Brigg Road
Scunthorpe
North Lincolnshire
DN16 1XA
England
Filing status
Accounts
Next due: 2025-12-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (6 active · 4 resigned)
HARGREAVES, Damian Paul→
Activesecretary · appointed 2020-07-02
View their other companies + combined net worth →
Active
Active
HAN, Xi Feng→
Activedirector · ~48y · appointed 2019-11-07
View their other companies + combined net worth →
Active
Active
DEELEN, Antonius Wilhelmus Marcus Jozef→
Resigneddirector · ~61y · appointed 2020-07-02 · resigned 2021-03-31
HARGREAVES, Damian Paul→
Resigneddirector · ~49y · appointed 2020-07-02 · resigned 2025-10-06
HOLCROFT, Richard→
Resigneddirector · ~61y · appointed 2020-07-02 · resigned 2022-12-09
LI, Gang→
Resigneddirector · ~51y · appointed 2022-02-01 · resigned 2022-08-09
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Secure Trust Bank Secure Trust Bank PLC | A registered charge | 1 property | 11/02/2021 | — | |
| outstanding | Secure Trust Bank Secure Trust Bank PLC | A registered charge | 1 property | 30/10/2020 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | — | 30/10/2020 | — | |
| outstanding | Santander Santander UK PLC for Itself and as Security Trustee for Each Group Member as Defined in the Charge | A registered charge | — | 27/05/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC03
2026-04-14
termination-director-company-with-name-termination-date
officers · TM01
2025-10-06
resolution
resolution · RESOLUTIONS
2025-06-23
resolution
resolution · RESOLUTIONS
2025-06-23
accounts-with-accounts-type-full
accounts · AA
2025-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-02
capital-allotment-shares
capital · SH01
2025-01-02
accounts-with-accounts-type-full
accounts · AA
2024-09-16
appoint-person-director-company-with-name-date
officers · AP01
2024-07-29
auditors-resignation-company
auditors · AUD
2024-01-18
accounts-with-accounts-type-full
accounts · AA
2024-01-15
change-person-director-company-with-change-date
officers · CH01
2023-11-16
change-person-director-company-with-change-date
officers · CH01
2023-11-16
change-person-director-company-with-change-date
officers · CH01
2023-11-16