STEEL HOLDINGS LTD

💤Zombieactive
SC530345 · ltd · incorporated 2016-03-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£14.7k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Special-situation opportunity
Distressed property with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £14,726
Net assets shrinking
Down £753 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15k
↓ 4.9% YoY
Current Assets
£5k
↑ 103% YoY
Current Liabilities
£0£3k£6k£9k£12k£15kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£13.4k£12.3k
Current assets£4.8k£2.4k
Net assets£14.7k£15.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-07-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-07-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-06-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2021-06-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-06-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2021-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-03-05
    STEEL, Helen appointed
    director
  13. 2021-03-05
    STEEL, Derek resigned
    director
  14. 2019-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-11-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2018-03-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2018-03-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2017-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2017-04-01
    STEEL, Derek appointed
    director
  21. 2017-03-31
    STEEL, Christopher resigned
    director
  22. 2016-03-22
    🏢
    Company incorporated
    As STEEL HOLDINGS LTD
  23. 2016-03-22
    STEEL, Christopher appointed
    director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "STEEL" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-04

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Helen Steel
Individual · British · DOB 02/1958 · age 68
75100%
75-100% shares05/03/2021
Mr John Wyvar
Individual · British · DOB 07/1951 · age 75
sig. influencesignificant influence21/11/2018
1 historic (ceased) PSC
  • Mr Christopher Steelceased 31/03/2017· 75-100% shares

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.

See pricing →

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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
Incorporated2016-03-22
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

39 Eastside
Kirkintilloch
Glasgow
G66 1QA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-04OVERDUE
Last: 2025-03-21

Officers (1 active · 2 resigned)

STEEL, Helen
director · ~68y · appointed 2021-03-05
View their other companies + combined net worth →
Active
STEEL, Christopher
director · ~42y · appointed 2016-03-22 · resigned 2017-03-31
Resigned
STEEL, Derek
director · ~68y · appointed 2017-04-01 · resigned 2021-03-05
Resigned

Click a director name to see their full track record across all companies.

Recent filings (31 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-16
termination-director-company-with-name-termination-date
officers · TM01
2021-07-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-13
gazette-filings-brought-up-to-date
gazette · DISS40
2021-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-04
gazette-notice-compulsory
gazette · GAZ1
2021-06-01