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M.D.J. Light Brothers (Scrap Processers) Limited

01028890

active
Private Limited Company
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

30/34 NORTH STREET, HAILSHAM, BN27 1DW
Incorporated 27/10/1971

Compliance

Last accounts

30/04/2025

medium

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

38210
Treatment and disposal of non-hazardous waste
38220
Treatment and disposal of hazardous waste
38310
Dismantling of wrecks
39000
Remediation activities and other waste management services

Officers

Mr Michael David Joseph Light

director · Since 31/12/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 88

Also on 1 other board

Mr Jonathan Michael Light

director · Since 22/03/1999

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Michael David Joseph Light

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 88

30/34, North Street, Hailsham, BN27 1DW

Notified 06/04/2016

Mr Jonathan Michael Light

25–50% shares
25–50% votes

British · England · Age 59

30/34, North Street, Hailsham, BN27 1DW

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

JOSEPH MARK LIGHT, MANAGING TRUSTEE LIGHT BROTHERS PENSION SCHEME · JONATHAN MICHAEL LIGHT, MANAGING TRUSTEE LIGHT BROTHERS PENSION SCHEME

Created 23/02/2020Registered 26/02/2020
Charge
satisfied

JONATHAN MICHAEL LIGHT MANAGING TRUSTEE LIGHT BROTHERS PENSION SCHEME · JOSEPH MARK LIGHT MANAGING TRUSTEE LIGHT BROTHERS PENSION SCHEME

Created 06/12/2017Registered 16/12/2017Satisfied 17/01/2019
Charge
satisfied

JONATHAN M LIGHT MANAGING TRUSTEE OF LIGHT BROTHERS PENSION SCHEME · JOSEPH M LIGHT MANAGING TRUSTEE OF LIGHT BROTHERS PENSION SCHEME

Created 14/03/2014Registered 20/03/2014Satisfied 27/09/2016
charge
outstanding

HSBC BANK PLC

Created 07/02/2011Registered 10/02/2011
charge
satisfied

JOSEPH LIGHT MANAGING TRUSTEE OF LIGHT BROTHERS PENSION SCHEME AND JONATHAN LIGHT MANAGING TRUS

Created 27/04/2010Registered 22/01/2011Satisfied 29/05/2015
charge
outstanding

HSBC BANK PLC

Created 24/08/2010Registered 01/09/2010
charge
outstanding

HSBC BANK PLC

Created 26/04/2006Registered 27/04/2006
charge
satisfied

MIDLAND BANK PLC

Created 10/06/1992Registered 25/06/1992Satisfied 22/08/2019
charge
outstanding

MIDLAND BANK PLC

Created 12/11/1990Registered 14/11/1990
charge
satisfied

MIDLAND BANK PLC

Created 11/06/1982Registered 16/06/1982Satisfied 22/08/2019
charge
satisfied

MIDLAND BANK PLC

Created 28/08/1979Registered 04/09/1979Satisfied 22/08/2019
charge
satisfied

LLOYDS BANK PLC

Created 13/06/1979Registered 02/07/1979Satisfied 24/12/2009
charge
satisfied

MIDLAND BANK PLC

Created 26/05/1977Registered 01/06/1977Satisfied 22/08/2019
charge
satisfied

MIDLAND BANK PLC

Created 05/01/1977Registered 13/01/1977Satisfied 22/08/2019
charge
satisfied

MIDLAND BANK PLC

Created 01/12/1975Registered 04/12/1975Satisfied 22/08/2019

CompanyRankvs 287+ SIC 38210 peers
55

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2025

Turnover

£31.6M

Annual revenue

Net Worth

£6.5M

Balance sheet strength

Cash

£279k

Cash in the bank

Profit Before Tax

-£496k

Bottom line earnings

Net Current Assets

-£380k

Working capital

Current Assets

£5.7M

Current Liabilities

£6.1M

Fixed Assets

£9.7M

Debtors

£2.7M

Cost of Sales

£27.7M

Gross Profit

£3.9M

Admin Expenses

£4.3M

Operating Profit

-£407k

Profit After Tax

-£436k

119avg. employees+10

Tax at Year End

Corp tax-£8k

Director Loans(2019)

Company owes directors£4k
Directors owe company£10k

People Costs

Wages & salaries£4.0M
NI contributions£453k

Balance Sheet

Bank loans & overdrafts£400k
Assets less current liabilities£9.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94-£436k
20241.01+£135k
20231.47+£461k
20221.45+£1.0M
20211.19+£101k
20200.90-£258k
20191.10

Derived from filed accounts. Not audited figures.