Company Identification Details
|
Subject Reported on
|
YORKSHIRE STAINLESS
LIMITED
|
|
Registration Number
|
02711105
|
|
VAT Number
|
GB600031328
|
|
Address
|
THE GATEWAY INDUST ESTATE, PARKGATE, ROTHERHAM, SOUTH YORKSHIRE, S62
6JL.
|
|
Telephone
|
01709 710171
|
|
Facsimile
|
01709 719920
|
|
Email
|
sales@yorkshirestainless.com
|
|
Web Address
|
www.yorkshirestainless.com
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 81,500
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
02711105
|
|
VAT Number
|
GB600031328
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
30/04/1992
|
|
Registered Office
|
THE HART SHAW BUILDING,
EUROPA LINK SHEFFIELD BUSINESS, PARK SHEFFIELD, SOUTH YORKSHIRE, S9 1XU.
|
|
History
|
15/09/2004 : The
Registered Office address changed from HART SHAW, 346 GLOSSOP ROAD, SHEFFIELD,
S10.
|
|
|
23/08/1993 : The
Registered Office address changed from C/O DAVID SPENCE & CO, IMPERIAL BUILDINGS,, C.
|
|
|
1/06/1992 : Change
of name from BARLEYMARSH LIMITED.
|
|
Date of Last
Annual Return to Registry
|
30/04/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/07/2010
|
|
Accounting
Reference Date
|
31/07
|
Operations
|
Activities
|
The sale of stainless steel flanges.
|
|
Nace Code
|
2811
|
|
Premises
|
Leased,Offices,Factory
|
|
Staff Employed
|
23
|
|
Import Countries
|
EUROPE
|
|
Export Countries
|
No Export Activity
|
|
Bankers
|
CLYDESDALE BANK PLC
|
|
Auditors
|
Hart Shaw LLP
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
17/03/2011
|
81,500
|
|
17/12/2010
|
78,500
|
|
17/09/2010
|
81,000
|
|
17/06/2010
|
112,500
|
|
17/03/2010
|
78,500
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
2
|
3
|
6
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
11/01/2011
|
Manufacture of other fabricated metal products not elsewhere
classified
|
|
06/01/2011
|
Wholesale of metals and metal ores
|
|
05/10/2010
|
Manufacture of other fabricated metal products not elsewhere
classified
|
|
13/09/2010
|
Wholesale of metals and metal ores
|
|
21/06/2010
|
Manufacture of other fabricated metal products not elsewhere
classified
|
|
22/04/2010
|
Manufacture of other fabricated metal products not elsewhere
classified
|
|
20/01/2010
|
Wholesale of metals and metal ores
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
4
|
|
Number Outstanding
|
4
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
0
|
|
|
|
|
Date of Latest Mortgage Created
|
10/06/2005
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
22/06/2005
|
10/06/2005
|
Legal Mortgage (Own Account)
|
395
|
Clydesdale Bank Plc
|
|
|
28/03/1997
|
27/03/1997
|
Legal Mortgage
|
395
|
Yorkshire Bank Plc
|
|
|
07/11/1994
|
20/10/1994
|
Legal Charge
|
395
|
Yorkshire Bank Plc
|
|
|
27/07/1992
|
23/07/1992
|
Debenture
|
395
|
Yorkshire Bank Plc
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
17/07/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
06/03/2009
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
28/04/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
26/06/1996
|
Companies House Gazette
|
Change among directors of a company
|
|
22/05/1992
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
SHARON OSBORNE
|
|
Service Address
|
7 SHERWOOD CLOSE, GOMERSAL, WEST YORKSHIRE, BD19 4UA.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Appointment Date
|
31/03/2004
|
Directors
|
Director
|
STEVEN DEREK OSBORNE
|
|
Service Address
|
7 SHERWOOD CLOSE, GOMERSAL, CLECKHEATON, WEST YORKSHIRE, BD19 4UA.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
19/12/1957
|
|
Appointment Date
|
15/05/1992
|
|
Director
|
WENDY ANN SMITH
|
|
Service Address
|
12 OAK BARN THE WAPPING, HOOTON ROBERTS, ROTHERHAM, SOUTH YORKSHIRE, S65
4PG.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
24/10/1970
|
|
Appointment Date
|
14/07/2010
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
1,000
|
|
Principal Shareholder
|
510 Steven Derek Osborne
|
|
|
490 Sharon Osborne
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
Financial Data– Statutory Account
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/07/2010
|
31/07/2009
|
31/07/2008
|
31/07/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
|
6203
|
6696
|
|
|
Cost of goods sold
|
|
4782
|
4830
|
|
|
GROSS PROFIT
|
|
1421
|
1866
|
1350
|
|
Wages and Salaries
|
|
632
|
620
|
545
|
|
Directors Emoluments
|
|
55
|
53
|
53
|
|
Auditors Fees
|
|
2
|
2
|
2
|
|
Trading Profit
|
|
599
|
1271
|
802
|
|
Depreciation
|
|
90
|
84
|
61
|
|
OPERATING PROFIT
|
|
509
|
1187
|
741
|
|
Non Trading Income
|
|
1
|
1
|
|
|
Interest Payable
|
|
63
|
83
|
59
|
|
PRE TAX PROFIT
|
|
447
|
1105
|
682
|
|
Taxation
|
|
109
|
314
|
184
|
|
PROFIT AFTER TAX
|
|
338
|
791
|
498
|
|
Dividends Payable
|
|
100
|
150
|
114
|
|
RETAINED PROFITS
|
|
238
|
641
|
384
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/07/2010
|
31/07/2009
|
31/07/2008
|
31/07/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
767
|
754
|
793
|
754
|
|
Tangible Assets
|
767
|
754
|
793
|
754
|
|
Fixed Assets
|
|
754
|
793
|
754
|
|
TOTAL CURRENT ASSETS
|
5391
|
5012
|
4382
|
3841
|
|
Trade debtors
|
1837
|
1598
|
1976
|
1435
|
|
Stocks
|
3432
|
3397
|
2337
|
2405
|
|
Other Current Assets
|
122
|
17
|
69
|
1
|
|
Cash
|
122
|
17
|
69
|
1
|
|
TOTAL ASSETS
|
6158
|
5766
|
5175
|
4595
|
|
TOTAL CURRENT LIABILITIES
|
2659
|
2951
|
2488
|
2489
|
|
Trade creditors
|
2659
|
405
|
876
|
1420
|
|
Short Term Loans
|
|
2069
|
1171
|
830
|
|
Bank Overdraft
|
|
1689
|
792
|
669
|
|
Bank Loans
|
|
114
|
165
|
|
|
Other Finance
|
|
44
|
64
|
61
|
|
Due To Directors
|
|
222
|
150
|
100
|
|
Other Liabilities
|
|
477
|
441
|
239
|
|
WORKING CAPITAL
|
2732
|
2061
|
1894
|
1352
|
|
TOTAL LONG TERM LIABS
|
671
|
239
|
350
|
410
|
|
Long Term Loans
|
|
177
|
290
|
379
|
|
Bank Loans
|
|
145
|
214
|
278
|
|
Other Finance
|
|
32
|
76
|
101
|
|
Other Liabilities
|
|
62
|
60
|
31
|
|
NET ASSETS/(LIABILITIES)
|
2828
|
2576
|
2337
|
1696
|
|
SHARE CAPITAL + RESERVES
|
2828
|
2576
|
2337
|
1696
|
|
Share Cap + Sundry Res
|
1
|
1
|
1
|
1
|
|
Issued Share Capital
|
|
1
|
1
|
1
|
|
Profit and Loss account
|
2827
|
2575
|
2336
|
1695
|
|
SHAREHOLDERS FUNDS
|
2828
|
2576
|
2337
|
1696
|
|
CAPITAL EMPLOYED
|
3499
|
2815
|
2687
|
2106
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/07/2010
|
31/07/2009
|
31/07/2008
|
31/07/2007
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
|
(449)
|
239
|
70
|
|
Increase in Cash
|
|
(843)
|
(282)
|
(305)
|
|
Directors Remuneration
|
|
55
|
53
|
53
|
|
Auditors Remuneration
|
|
2
|
2
|
2
|
|
Liquid Assets
|
1959
|
1615
|
2045
|
1436
|
|
Net Working Capital
|
2732
|
2061
|
1894
|
1352
|
|
Long Term Debt(>12 Months)
|
|
177
|
290
|
379
|
|
Other Deferred Liabs
|
671
|
62
|
60
|
31
|
|
Tangible Net Worth(T.N.W)
|
2828
|
2576
|
2337
|
1696
|
|
Equity
|
2828
|
2576
|
2337
|
1696
|
|
Number of Years Trading
|
18
|
17
|
16
|
15
|
|
Number of Employees
|
|
23
|
25
|
23
|
|
Profit per Employee
|
|
19434.8
|
44200
|
29652.2
|
|
Sales per Employee
|
|
269695.7
|
267840
|
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/07/2010
|
31/07/2009
|
31/07/2008
|
31/07/2007
|
|
Current Ratio
|
2
|
1.7
|
1.8
|
1.5
|
|
Long Term Debt/T.N.W
|
|
0.1
|
0.1
|
0.2
|
|
Pre Tax Profit Margin%
|
|
7.2
|
16.5
|
|
|
Gross Profit%
|
|
22.9
|
27.9
|
|
|
Debtors Days (D.S.O)
|
|
94
|
108
|
|
|
Creditors Days (D.P.O)
|
|
24
|
48
|
|
|
Quick Ratio
|
0.7
|
0.5
|
0.8
|
0.6
|
|
W.I.P/Inventory Days
|
|
259.3
|
176.6
|
|
|
Return on Investment%
|
|
10.4
|
30.8
|
25.2
|
|
Return on Assets%
|
|
7.8
|
21.4
|
14.8
|
|
T.N.W/Total Assets%
|
45.9
|
44.7
|
45.2
|
36.9
|
|
Return on Capital%
|
|
15.9
|
41.1
|
32.4
|
|
Rtn on Shareholders Funds%
|
|
17.4
|
47.3
|
40.2
|
|
Working Capital/Sales%
|
|
33.2
|
28.3
|
|
|
Borrowing Ratio%
|
|
87.2
|
62.5
|
71.3
|
|
Equity Gearing%
|
84.9
|
80.8
|
82.3
|
58.5
|
|
Stock Turnover
|
|
1.8
|
2.9
|
|
|
Days Purchases Outstanding
|
|
30.9
|
66.2
|
|
|
Sales/Fixed Assets
|
|
8.2
|
8.4
|
|
|
Debt Gearing
|
|
6.9
|
12.4
|
22.3
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
1974
|
3846
|
3848
|
3755
|
|
Pre-Tax Profit Margin
|
6.2
|
5.4
|
9.3
|
9.9
|
|
Current Ratio
|
1.4
|
1.4
|
1.4
|
1.3
|
|
Borrowing Ratio
|
58
|
52.4
|
52.6
|
54.8
|
|
Return on Capital
|
42.2
|
35.7
|
51.1
|
52.7
|
|
Creditors Days
|
47
|
44
|
54
|
51
|
|
Above figures relate to companies in 2003 Standard Industry Classification
(Nace) sector : Manufacture of structural metal products
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 31/07/2010.
|
|
Working Capital
|
|
The company's working capital has
increased by 33 % in the period.
|
|
Net Worth
|
|
Net worth has increased by 10 % and now
stands at GBP 2,828,000.
|
|
Fixed Assets
|
|
The subject's fixed assets increased during
the year by GBP 13,000 to GBP 767,000 and are now 12 % of total assets
compared with 13 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities increased
during the period by 180% and are now 24 % of net worth compared with 9 %
in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 11 % of
total liabilities compared with 4 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 19 % of
capital employed, an increase of 11 % over the previous period.
|
|
