United Steels Limited
Active02517863ManufacturingIncorporated 3 Jul 1990 · Kingswinford
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.
Revenue
£2.0m
▼ -90.8% vs prior ~12m period
Profit after tax
£5.2m
Margin 265.5%
Employees
47
▼ -19.0% vs prior ~12m period
Net assets
£350k
Total assets £350k
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£10.9m
Dec 2021
£21.3m▲ +95.6%
Dec 2022
£28.3m▲ +32.4%
Dec 2023
£26.6m▼ -5.9%
Dec 2024
£21.3m▼ -20.0%
Dec 2025
£2.0m▼ -90.8%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | £2.0m | ▼ -90.8% | £5.2m | 47 | £350k |
| 31 Dec 2024 | £21.3m | ▼ -20.0% | -£449k | 58 | £2.1m |
| 31 Dec 2023 | £26.6m | ▼ -5.9% | £86k | 63 | £2.6m |
| 31 Dec 2022 | £28.3m | ▲ +32.4% | £983k | 62 | £3.6m |
| 31 Dec 2021 | £21.3m | ▲ +95.6% | £1.2m | 61 | £3.5m |
| 31 Dec 2020 | £10.9m | — | -£251k | 48 | £3.7m |
| 31 Dec 2019 | — | — | — | — | £3.6m |
Latest available figures
Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £2.0m
- Gross profit
- £292k
- Operating profit
- £5.2m
- Profit before tax
- £5.2m
- Profit after tax
- £5.2m
Balance sheet
- Total assets
- £350k
- Cash
- £24k
- Total liabilities
- £0
- Net assets
- £350k
- Revenue per employee
- £42k
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