{"name":"UNITED STEELS LIMITED","company_number":"02517863","status":"Active","type":"Private Limited Company","incorporated":"1990-07-03","dissolved":null,"registered_office":"Unit 81 Gibbons Industrial Park, Dudley Road, Kingswinford, West Midlands, England, DY6 8XF","postcode":"DY6 8XF","sic_codes":[{"code":24320,"description":"Cold rolling of narrow strip"},{"code":46720,"description":"Wholesale of metals and metal ores"}],"principal_activity":"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.","previous_names":[{"name":"UNITED STEELS AND SECTIONS LIMITED","changed_on":"2003-09-15"},{"name":"BCD STEELS LIMITED","changed_on":"1995-12-22"},{"name":"UNITED STEELS & SECTIONS LIMITED","changed_on":"1993-01-01"},{"name":"SPANCREST LIMITED","changed_on":"1991-01-09"}],"warnings":[],"accounts":{"category":"Medium","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":47,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","turnover":1959028,"profit_loss":5177277,"net_assets":350000,"cash":23841,"average_employees":47},{"financial_date":"2024-12-31","turnover":21268111,"profit_loss":-371092,"net_assets":2097134,"cash":95124,"average_employees":58},{"financial_date":"2023-12-31","turnover":26593014,"net_assets":2593226,"cash":260619},{"financial_date":"2022-12-31","turnover":28250846,"net_assets":3564151,"cash":123252},{"financial_date":"2021-12-31","turnover":21337237,"net_assets":3496851,"cash":627624}],"officers":{"current":2,"resigned":29,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":20,"outstanding":10},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://www.unitedsteels.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/united-steels","people":"https://www.companiesintheuk.co.uk/company/united-steels/people","filing_history":"https://www.companiesintheuk.co.uk/company/united-steels/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02517863","financials":"https://www.companiesintheuk.co.uk/company/united-steels/financial","control":"https://www.companiesintheuk.co.uk/company/united-steels/control","charges":"https://www.companiesintheuk.co.uk/company/united-steels/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/united-steels/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/united-steels"}