UNITED STEELS LIMITED
Company number 02517863 · Monitor this company
Executive summary
United Steels Limited was a well-established West Midlands steel service centre that operated in a highly competitive, thin-margin sector and generated mid-£20m turnover during the post-pandemic steel price cycle. The 2025 accounts reflect an orderly group restructuring rather than normal trading, with the trade and assets transferred to USP Steels Limited and a £6.9m dividend paid to leave a largely dormant vehicle. Its journey is emblematic of a consolidating UK steel distribution industry where scale, processing efficiency and group integration are increasingly necessary for sustainable profitability.
Shareholders' funds
£350,000
Balance sheet as at 2025-12-31
What it does
The principal activities of the company in the year under review were those of steel stockists, service centre and steel processing, until 31 March 2025 at which point the trade and assets were transferred to USP Steels Limited, a fellow group company.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1990-07-03
- Employees
- 47 (2025 accounts · was 58 in 2024)
- Registered office
- Unit 81 Gibbons Industrial Park, Dudley Road, Kingswinford, West Midlands, England, DY6 8XF
- Postcode
- DY6 8XF
- Capital
- 89,010 GBP
- Accounts category
- Medium
- Charges
- 10 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-09-28
- Next due by
- 2027-10-12
Nature of business (SIC)
- 24320 Cold rolling of narrow strip
- 46720 Wholesale of metals and metal ores
Officers 2 current · 29 resigned
Group structure
Controlled by USP STEELS LIMITED — since 2025-03-31
Controlled by GCD 2024 LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Contact details
- Website
- http://www.unitedsteels.com
Previous company names
| Name | Date changed |
|---|---|
| UNITED STEELS AND SECTIONS LIMITED | 2003-09-15 |
| BCD STEELS LIMITED | 1995-12-22 |
| UNITED STEELS & SECTIONS LIMITED | 1993-01-01 |
| SPANCREST LIMITED | 1991-01-09 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| GIBBONS INDUSTRIAL PARK DUDLEY ROAD, KINGSWINFORD, WEST MIDLANDS, DY6 8XF | 2016-02-04 |
| 61 FAIRVIEW AVENUE, WIGMORE, GILLINGHAM, KENT ME8 0QP | 1991-01-07 |
| 61 FAIRVIEW AVENUE, WIGMORE, GILLINGHAM, KENT ME8 0QP | 1991-01-07 |
At this address
Among the biggest employers
of 59 similar companies in DY — measured against the wider sector, with 47 staff.
The class of 1990
49%
of the 20,401 companies incorporated in 1990 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2024-08-21
- Where
- West Midlands
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| MM199662 | West Midlands | Leasehold | 2024-08-21 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.