Metrec (Salvage) Limited
00820942
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 30/12/1992
BRITISH · UNITED KINGDOM · Age 70
Also on 3 other boards
director · Since 13/10/2015
BUSINESS CONSULTANT
BRITISH · ENGLAND · Age 70
Also on 1 other board
Persons with Significant Control
Mr Ian Robert Watson
British · England · Age 70
28a, Angate Street, Bishop Auckland, DL13 3EW
Notified 30/06/2016
CompanyRankvs 15210+ SIC 70100 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
-£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£47
Working capital
Current Assets
£47
Current Liabilities
£0
Fixed Assets
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | Infinity | +£0 |
| 2025 | Infinity | -£58k |
| 2024 | Infinity | +£57k |
| 2023 | Infinity | -£410 |
| 2022 | Infinity | -£383 |
| 2021 | 0.00 | -£380 |
| 2020 | Infinity | -£337 |
| 2019 | Infinity | -£361 |
| 2018 | Infinity | — |
Derived from filed accounts. Not audited figures.