MEGASTEEL LTD

Company number 02665353 · Active

MEGASTEEL LTD is a private limited company registered in MALMESBURY, United Kingdom, incorporated on 22 Nov 1991. Its registered activity is wholesale of metals and metal ores. Its latest published accounts for the period ending 31 Oct 2025 show equity of £16.9m, total assets of £19.8m, turnover of £11.4m, a result of £728k. It has filed 5 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.3 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.3× the average annual insolvency rate (0.12 %).

Raises the risk

Turnover (log)5.6×6.00802–7.22806 · 0.65 % became insolvent
Operating margin3.2×0.0315141–0.149908 · 0.37 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent

Lowers the risk

Region0.4×SN · 0.05 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
02665353 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
22 Nov 1991 (35 years)
Registered address
SN16 0ES MALMESBURY
Postcode area
Swindon
Activity
46720 Wholesale of metals and metal ores
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Jul 2026£11.4m £728k£16.9m£19.8m £3.0m£5.1m4
31 Oct 202415 Feb 2025£12.2m £1.1m£16.1m£21.9m £5.7m£6.6m4
31 Oct 202315 Jul 2024– –£15.0m£17.7m –£4.7m48
31 Oct 202215 Feb 2023– –£14.6m£24.2m –£8.5m46
31 Oct 202115 Mar 2022– –£9.9m£15.3m £5.4m£4.3m45

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about MEGASTEEL LTD

What is the company number of MEGASTEEL LTD?

MEGASTEEL LTD is registered under company number 02665353 in the official register of United Kingdom. View it at the official register.

Is MEGASTEEL LTD still active?

Yes. MEGASTEEL LTD is registered as active (status: Active).

Has MEGASTEEL LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MEGASTEEL LTD in the official data.

How likely is MEGASTEEL LTD to become insolvent?

Our model estimates a 0.03 % probability that MEGASTEEL LTD becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was MEGASTEEL LTD founded?

MEGASTEEL LTD was incorporated on 22 Nov 1991.

Where is MEGASTEEL LTD registered?

MEGASTEEL LTD's registered address is in SN16 0ES MALMESBURY (Swindon), United Kingdom.

What do the latest accounts of MEGASTEEL LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of £16.9m, total assets of £19.8m, turnover of £11.4m, a result of £728k, 4 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.