PROJECT STEEL MIDCO 2 LIMITEDActive
Key figures
Ratios
2024Balance sheet structure
Filed accounts2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Turnover | 792,826 | 773,675 | 893,398 | 930,582 |
| Profit for the year | 63,896 | 70,512 | -129,429 | -564,800 |
| Cash at bank and in hand | 22,587 | 22,491 | 22,403 | 22,307 |
| Total assets | 16,848,690 | 16,916,149 | 16,960,031 | 16,680,147 |
| Total liabilities | 17,186,498 | 17,183,445 | 17,356,756 | 17,641,672 |
| Net assets / total equity | -337,808 | -267,296 | -396,725 | -961,525 |
| Average number of employees | 4 | 4 | 4 | 4 |
| Average pay (per year) | 159,374 | 168,711 | 195,920 | 201,871 |
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.
Principal activity
Accounts 2024The principal activity of the Company is that of a holding company within the Group (Project Steel Topco Limited & its subsidiaries), owning 88% of Project Steel Bidco Limited. The principal activity of the trading subsidiary ("Utility Bidder") is to provide small and medium-sized enterprises ("SMEs") with comparison, switching and intermediary services for utilities and other services. Utility Bidder Limited is one of the leading providers and over the period has continued to grow successfully with more customers using the services. Turnover predominantly represents amounts recharged to other group entities and expenses salary costs.
As described in the company's latest filed accounts.
Summary: PROJECT STEEL MIDCO 2 LIMITED
Company
PROJECT STEEL MIDCO 2 LIMITED is a private limited company registered with Companies House under company number 11727784. It was incorporated on 14 Dec 2018. Its status is active. The registered office is in London (SW1H). Its nature of business (SIC 2007) is other service activities n.e.c. (96090).
Accounts
The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £930,582. Loss for the year was £564,800. Net assets were −£961,525, down 142.4% on the previous year. Cash at bank and in hand was £22,307. Total assets were £16,680,147 and total liabilities £17,641,672. The company had an average of 4 employees. Figures are available for 4 financial years (2021–2024).
Control and charges
One person with significant control is registered. 1 of 1 registered charges are outstanding.
Filing deadlines
The next accounts are due by 31 Mar 2027. The next confirmation statement is due by 27 Dec 2026.