Company Overview
Priory Steel Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 17 June 1994, so this is a well established company. Priory Steel Group Limited has been in business for 31 years and 9 months. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Central Trading Estate Units 27 - 29, Cable Street, Wolverhampton, West Midlands, WV2 2RL
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Companies House Data
Company NamePRIORY STEEL GROUP LIMITED
Company Number02940278
Registered Office AddressCentral Trading Estate Units 27 - 29
 Cable Street
 WV2 2RL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/06/1994
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date15/07/2017
Returns Last Made Up Date17/06/2016
Directors & Members
Show Resigned
Ian Cross - Director
(British, 78 years old, born June 1948)
Appointed 19 July 1994
 Active
Jeremy Cross - Director
(British, 59 years old, born March 1967)
Appointed 08 March 2007
 Active
Brian Davies - Director
(British, 72 years old, born September 1954)
Appointed 01 September 1994
 Active
Secretaries
Show Resigned
Brian Davies - Secretary
(British)
Appointed 01 September 1994
 Active
Other Company Directorships
Ian Cross
ABBEY STEELS LIMITED
CENTRAL TRADING ESTATE MANAGEMENT LIMITED
PRIORY STEEL CO. (NETHERTON) LIMITED
PRIORY STEEL HOLDINGS LIMITED
TIPTON & COSELEY FINANCIAL SERVICES LIMITED
Jeremy Cross
PRIORY STEEL HOLDINGS LIMITED
Brian Davies
ABBEY STEELS LIMITED
CENTRAL TRADING ESTATE MANAGEMENT LIMITED
OAKEN INDUSTRIES LIMITED
PRIORY STEEL CO. (NETHERTON) LIMITED
PRIORY STEEL HOLDINGS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 357,771 357,771 383,721
Current Assets 2,716,444 2,716,444 2,610,609
Creditors Due Within One Year 1,353,071 1,353,071 1,275,856
Working Cap 1,363,373 1,363,373 1,334,753
Total Assets Less Current Liabilities 1,721,144 1,721,144 1,718,474
Long-term Liabilities 5,985 5,985 1,612,142
Net Assets 1,715,159 1,715,159 106,332
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,715,159 1,715,159 106,332
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 11.6% 11.6% 12.8%
Stocks Inventory - - -
Debtors 42.0% 42.0% 41.6%
Cash Bank In Hand 18.0% 18.0% 16.9%
Current Assets 88.4% 88.4% 87.2%
Creditors Due Within One Year 44.0% 44.0% 42.6%
Net Current Assets Liabilities 44.3% 44.3% 44.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 55.8% 55.8% 3.6%
Capital Employed - - -
Total Assets Less Current Liabilities 56.0% 56.0% 57.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 2.0 2.0 2.0
Solvency Ratio 2.3 2.3 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 3,074,215 3,074,215 2,994,330
Debt 1,359,056 1,359,056 2,887,998
Net Assets/Debt 1,715,159 1,715,159 106,332

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WV2 2RL
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VICTORIAN BAKING OVENS LIMITED
UNIT 40 CENTRAL TRADING ESTATE,, CABLE STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 2RL
PRIORY STEEL HOLDINGS LIMITED
CENTRAL TRADING ESTATE UNITS 27 - 29, CABLE STREET, WOLVERHAMPTON, WEST MIDLANDS, WV2 2RL
BONDS HOISTS LIMITED
Unit 44 Central Industrial Estate, Cable Street, Wolverhampton, WV2 2RL
GABITIE FABRICATED SOLUTIONS LIMITED
Unit 44 Central Industrial Estate, Cable Street, Wolverhampton, West Midlands, WV2 2RL
Document Filings
Confirmation statement made on 17 June 2025 with no updates
Confirmation statement made on 17 June 2024 with no updates
Confirmation statement made on 17 June 2023 with no updates
Confirmation statement made on 17 June 2022 with no updates
Confirmation statement made on 17 June 2021 with no updates
Satisfaction of charge 5 in full
Confirmation statement made on 18 June 2020 with updates
Confirmation statement made on 17 June 2020 with no updates
Director's details changed for Brian Harry Davies on 20 March 2020
Director's details changed for Jeremy Cross on 20 March 2020
Director's details changed for Mr Ian Robert Cross on 20 March 2020
Secretary's details changed for Brian Harry Davies on 20 March 2020
Registered office address changed from Wolverhampton Central Trading Es Cable Street Wolverhampton West Midlands WV2 2HX to Central Trading Estate Units 27 - 29 Cable Street Wolverhampton West Midlands WV2 2RL on 18 March 2020
Confirmation statement made on 17 June 2019 with no updates
Confirmation statement made on 17 June 2018 with no updates
Notification of Ian Robert Cross as a person with significant control on 1 January 2017
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