# MEGASTEEL LTD (02665353)

> MEGASTEEL LTD is an active private limited company (company number 02665353) incorporated on 22 November 1991, registered in Malmesbury. Its registered activity is wholesale of metals and metal ores (SIC 46720). Latest medium accounts cover the period ending 31 October 2025, showing net assets of £16.87m and cash of £5.05m, with 4 employees on average. Turnover was £11.36m and profit for the year £728k. Net assets rose 5% on the prior period (£16.14m).

- Status: Active
- Incorporated: 1991-11-22
- Registered office: Malmesbury, SN16 0ES
- SIC 46720: Wholesale of metals and metal ores
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-12-06
- Accounts type: MEDIUM

By net assets it sits in the top quarter of 101 comparable companies in Other (median £296k, upper quartile £1.09m).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £16.87m | £5.05m | £7.60m | — | £11.36m | £728k | 4 |
| 2024-10-31 | £16.14m | £6.63m | £6.64m | — | £12.16m | £1.10m | 4 |
| 2023-10-31 | — | — | — | — | — | — | — |

net margin 6.4%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £16,867,551 at 31 October 2025
- Cash at bank of £50,000 or more: Cash £5,051,249
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 22 November 1991

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Engineering Acquisitions Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-09-17

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02665353
HTML: https://firmoscan.com/company/02665353-megasteel-ltd
