YORKSHIRE STAINLESS SPECIALIST LIMITED
Company number 06350372 · Monitor this company
Executive summary
Yorkshire Stainless Specialist Limited is exhibiting severe financial distress, characterized by a dangerously low current ratio of 0.66 and negative working capital of -£252,185. The business is heavily reliant on expensive invoice factoring and delayed supplier payments to survive, while net assets have nearly halved from £390k to £199k in a single year. Immediate intervention through debtor collections, a capital injection from the parent company, and a freeze on non-essential spending is critical to avoid insolvency.
Shareholders' funds
£199,904
Balance sheet as at 2025-02-28
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-08-22
- Employees
- 38 (2025 accounts)
- Registered office
- Station Road, Halifax, West Yorkshire, England, HX2 9AY
- Postcode
- HX2 9AY
- Capital
- 1 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-02-28
- Next due by
- 2026-11-30
- Financial year end
- 28 February
Confirmation statement
- Last statement dated
- 2026-08-22
- Next due by
- 2027-09-05
Nature of business (SIC)
- 25110 Manufacture of metal structures and parts of structures
Officers 1 current · 3 resigned
Group structure
Controlled by JL (HOLDINGS) LTD — since 2016-04-06
From persons-with-significant-control filings on the public register.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT 15 DRAKES INDUSTRIAL ESTATE, SHAY LANE, OVENDEN, HALIFAX, WEST YORKSHIRE, HX3 6RL | 2019-02-04 |
| UNIT 8, DRAKES INDUSTRIAL ESTATE, SHAY LANE, HALIFAX, HX3 6RL | 2009-11-16 |
At this address
3rd largest employer
of 18 similar companies in HX, with 38 staff.
Competitors Halifax
-
4. TECHBELT LTD
This company ranks 12 among manufacture of metal structures and parts of structures in Halifax.
The class of 2007
33%
of the 303 companies in this sector incorporated in 2007 are still active today; 62% have since been dissolved.
A fact about the year, not a forecast for this company.