SIC code 24310 — Cold drawing of bars — is a specialist classification with 17 active companies in the UK. Despite its small size, this category represents an important part of the manufacturing sector. It falls under Section C (Manufacturing) of the UK SIC 2007 classification system, which is used by Companies House to categorise all registered businesses.
See the full industry analysis on the Cold drawing of bars industry page.
With an average age of 21.6 years, companies in this sector tend to be well-established. This maturity reflects high barriers to entry and strong business continuity among surviving firms. Growth has been exceptional recently: 59% of all active companies were formed since 2020, marking this as one of the fastest-expanding classifications. The 2010s contributed another 12%, meaning the vast majority of businesses are relatively new.
SIC code 24310 stands for "Cold drawing of bars" under the UK Standard Industrial Classification (SIC 2007) system. It belongs to Section C — Manufacturing. Companies use this code when registering with Companies House to indicate their primary business activity. The code is required for annual confirmation statements and is used by HMRC, ONS, and other government bodies for statistical and regulatory purposes.
There are currently 17 active companies registered under SIC code 24310 in the UK, out of 19 total registrations. This gives a survival rate of 89%, meaning 11% of companies registered under this code have since dissolved. These figures are based on Companies House data and updated regularly.
The sector is growing: 59% of currently active SIC 24310 companies were formed since 2020, and 12% during the 2010s. This sustained formation rate indicates ongoing demand for cold drawing of bars services in the UK.
Companies classified under SIC 24310 have an average age of 21.6 years. This indicates a mature sector where businesses tend to operate long-term. Notable companies include BRIGHT STEELS LIMITED, OSS REALISATIONS 1 LIMITED.
Related SIC codes within the same division include: 24100 (Manufacture of basic iron and steel and of ferro-alloys), 24200 (Manufacture of tubes, pipes, hollow profiles and related fittings, of steel), 24410 (Precious metals production), 24450 (Other non-ferrous metal production). Companies may use multiple SIC codes if they operate across several of these related activities. When registering with Companies House, businesses should select the code that best represents their primary activity.
You can search for companies with SIC code 24310 (Cold drawing of bars) using UVAGATRON's company explorer, which allows filtering by SIC code, location, and company status. Alternatively, Companies House offers a basic search on their website. Our platform adds risk intelligence, director networks, and signals from 50+ government databases to each company record.
Search, filter, and analyse 17 companies classified under this SIC code with AI-powered risk intelligence.
Data sourced from Companies House, HM Land Registry, FCA Register, and 50+ government databases. SIC classification follows the UK Standard Industrial Classification of Economic Activities 2007 (SIC 2007). Last updated: 2026-04-17.