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Macsteel Global Limited

Private Limited Company · London

ActiveUnited KingdomIncorporated 2023Private Limited Company
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Financial position

Accounts to 2025-12-31 · USD · Group accounts

Net assets
—
Cash
USD 384,125,000
Turnover
USD 590,154,000
Profit / loss
USD 11,954,000
Current assets
USD 1,301,821,000
Creditors < 1 year
USD 750,735,000
Equity
USD 1,339,801,000
Average employees
Not available

Balance-sheet trend

USD · consolidated

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-12-31Group · AI-read2024-12-31Group · AI-read
Balance sheet
EquityUSD 1,339,801,000USD 1,306,742,000
Share capitalUSD 1,203,376,000USD 1,203,376,000
Retained earningsUSD 201,283,000USD 200,695,000
Assets
Fixed assetsUSD 1,393,049,000USD 1,356,684,000
Intangible assetsUSD 36,811,000USD 39,987,000
Property, plant & equipmentUSD 733,930,000USD 776,693,000
Current assetsUSD 1,301,821,000USD 1,397,695,000
Cash at bankUSD 384,125,000USD 432,562,000
DebtorsUSD 418,628,000USD 472,621,000
StockUSD 365,540,000USD 377,335,000
Liabilities
CreditorsUSD 1,355,069,000USD 1,447,637,000
Creditors within one yearUSD 750,735,000USD 787,993,000
Creditors after one yearUSD 604,334,000USD 659,644,000
Profit & loss
TurnoverUSD 590,154,000USD 620,467,000
Profit / lossUSD 11,954,000USD 66,545,000
Cash flow
Cash from operationsUSD 34,709,000USD 7,524,000
People & pay
Directors' remunerationUSD 8,889,000USD 11,112,000
Highest paid directorUSD 2,431,000USD 3,239,000
Source evidenceView filing View filing

From the accounts

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Auditor
PricewaterhouseCoopers LLP
Immediate parent
Jordana Holdings Limited
Ultimate parent
Jordana Holdings Limited
Approved
2026-09-09, signed by S. Cohen
Subsidiaries (4)
  • Integr8 Inc · 100 · 1111 Bayside Drive, Suite 150, Corona del Mar, CA 92625, USA · Administrative
  • Macsteel International USA Corp · 100 · 333 Westchester Avenue, Suite S101, White Plains, New York, 10604 USA · Steel distribution
  • MUR Shipping USA Corp · 100 · Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle, 19801, State of Delaware, USA · Ship operations
  • MUR Projects Corporation · 100 · 1999 Bryan street, suite 900, Dallas, 75201, Texas, USA · Ship operations
Related parties (8)
  • Joint venture · Joint venture · shipping fees purchased · 12,517 (000s)
  • Associates · Associate · purchase of goods · 10,103 (000s)
  • Joint venture · Joint venture · shipping fees sold · 37,277 (000s)
  • Joint operation · Joint operation · shipping fees sold · 572 (000s)
  • Related parties of ultimate parent · Related party of ultimate parent · administration fees sold · 12,592 (000s)
  • Associates · Associate · administration fees sold · 250 (000s)
  • Associates · Associate · sale of goods · 9,014 (000s)
  • Associates · Associate · rent sold · 161 (000s)
Events after the year end (3)
  • Macsteel Service Centres SA Proprietary Limited's banking facility has been extended to 30 September 2026 on 31 July 2026.
  • On 31 July 2026, MGM further extended its financial support in respect of MSCSA's obligations under its existing banking facility; MGM's bank issued a guarantee with a cumulative value of USD 22.7 million (ZAR 337.3 million).
  • On 29 May 2026 (executed 10 June 2026), MGM entered into a deed of guarantee in favour of FirstRand Bank Limited, with maximum exposure limited to amounts owing under a USD 30.0 million sub-limit.
Contingent liabilities (1)
  • The Group has no contingent liabilities other than those provided for in note 31.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

0 outstanding charges

No charges available in our records.