BARRETT STEEL LIMITED

Active
Company number 02755663Private limited companyIncorporated 1992

Key figures

£120,989,000+0.2%
Net assets 2024/25
+0.2%
Average annual growth 2023/24–2024/25
050 m100 m150 m2023/242024/25

† BARRETT STEEL LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 46720

Where the company stands among the 1,472 active companies whose first SIC code is 46720 (Wholesale of metals and metal ores).

Turnover£421,840,000
Higher than 96% · median £19,455,019 among 92 that publish turnover
Net assets£120,989,000
Higher than 99% · median £169,021
Total assets£271,085,000
Higher than 99% · median £573,985
Cash£22,610,000
Higher than 99% · median £147,068
Company age34.1 years
Older than 86% · median 9.7 years
Largest in this sector by net assets
  1. AALCO METALS LIMITED£230.4m
  2. STRATTON METAL RESOURCES LIMITED£187.4m
  3. BARRETT STEEL LIMITED£121m
  4. TW METALS LIMITED£96.3m
  5. RAINHAM STEEL COMPANY LIMITED£86.8m
  6. HALL & PICKLES 1812 LIMITED£72.5m
  7. RICHARD AUSTIN ALLOYS HOLDINGS LIMITED£71.9m
  8. SEBDEN STEEL SERVICE CENTRES LIMITED£51.3m
  9. COBHAM ALUMINIUM & STAINLESS HOLDINGS LIMITED£51.1m
  10. EUROPEAN STEEL SHEETS LIMITED£49.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 1,472. The line on each bar marks the median.

Summary: BARRETT STEEL LIMITED

What kind of company is it?

BARRETT STEEL LIMITED is a private limited company registered with Companies House under company number 02755663. It was incorporated on 14 Oct 1992. Its status is active. The registered office is in Dudley hill (BD4). Its nature of business (SIC 2007) is wholesale of metals and metal ores (46720), activities of head offices (70100).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Sep 2025); the company files group accounts. Turnover was £421,840,000. Profit for the year was £1,235,000. Net assets were £120,989,000, up 0.2% on the previous year. Cash at bank and in hand was £22,610,000. Total assets were £271,085,000 and total liabilities £142,580,000. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 1,472 active companies whose first SIC code is 46720: By turnover it ranks higher than 96% of the 92 that publish turnover (median £19,455,019). By net assets it ranks higher than 99% of them (median £169,021). By total assets it ranks higher than 99% of them (median £573,985). By cash it ranks higher than 99% of them (median £147,068). It is older than 86% of them (median age 9.7 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly machinery, aluminium, iron and steel articles. HMRC lists it as an exporter of goods, mainly iron and steel, nickel, other base metals. In its latest payment practices report it took an average of 67 days to pay suppliers, and 17% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 5% lower than for men. It has a modern slavery statement on the government registry.

Who runs and controls the company?

27 of 40 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Jun 2027. The next confirmation statement is due by 18 Oct 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover460,217,000421,840,000
Profit for the year—1,235,000
Cash at bank and in hand26,012,00022,610,000
Total assets294,813,000271,085,000
Total liabilities167,201,000142,580,000
Net assets / total equity120,726,000120,989,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
67 days
Invoices not paid within agreed terms
17%
Standard payment terms
7–120 days
Member of a payment code
No
  • Within 30 days 5%
  • 31 to 60 days 37%
  • After 60 days 58%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
72
4%
22%
30 Sep 2025
66
4%
17%
31 Mar 2025
71
5%
22%
30 Sep 2024
69
4%
20%
31 Mar 2024
69
4%
18%
30 Sep 2023
67
5%
17%
31 Mar 2023
69
4%
21%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 5% lower
Mean hourly pay
women 15% lower
Median bonus pay
women 11% higher
Employer size
1000 to 4999 employees
Lower pay quarter22% womenLower middle12% womenUpper middle12% womenUpper pay quarter16% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 1% higher
women 9% lower
2023/24
women 2% higher
women 10% lower
2022/23
women 7% lower
women 14% lower
2021/22
women 4% higher
women 5% lower
2020/21
women 4% higher
women 8% lower
2019/20
women 3% higher
women 15% lower
2018/19
women 11% higher
women 6% lower
2017/18
women 6% higher
women 6% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements1
2021
Statement · summary on GOV.UK

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, aluminium, iron and steel articles, nickel and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: iron and steel, nickel, other base metals, iron and steel articles and electrical equipment.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

9 events
  1. Financial year 2024/25 endedAccounts: turnover £421.8m, net assets £121m
  2. Mr Richard Braithwaite Barrett ceased to be a person with significant control
  3. Financial year 2023/24 endedAccounts: turnover £460.2m, net assets £120.7m
  4. Mrs Francine Barrett ceased to be a person with significant control
  5. Mrs Francine Barrett registered as a person with significant control
  6. James Stephenson Barrett ceased to be a person with significant control
  7. Mr Richard Braithwaite Barrett registered as a person with significant control
  8. James Stephenson Barrett registered as a person with significant control
Earlier events (1)
  1. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.