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Richards Scrap Metals Limited

01091843

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • 7 outstanding charges (-10)

Details

PRINCES FOUNDRY, BRADLEYS LANE, WEST MIDLANDS, DY4 9EZ
Incorporated 23/01/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Peter John Richards

director · Since 13/01/1992

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 10 other boards

Mr Paul Samuel Richards

secretary · Since 20/01/2017

Persons with Significant Control

Elderberry Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Princes Foundry, Bradleys Lane, Tipton, DY4 9EZ

Reg: 11620022 · England And Wales Companies House · Private Limited Company

Notified 19/11/2018

Former PSCs

Mrs Joyce Letitia Richards

Ceased 19/11/2018

Mr Peter John Richards

Ceased 19/05/2019

Charges7 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 27/03/2019Registered 29/03/2019
charge
outstanding

BARCLAYS BANK PLC

Created 24/02/2006Registered 04/03/2006
charge
outstanding

CLEVELAND GUARANTY LIMITED

Created 27/11/1977Registered 07/12/1977
charge
outstanding

BARCLAYS BANK PLC

Created 18/01/1977Registered 02/02/1977
charge
outstanding

BARCLAYS BANK PLC

Created 28/05/1976Registered 07/06/1976
charge
outstanding

BARCLAYS BANK PLC

Created 05/03/1976Registered 15/03/1976
charge
outstanding

BARCLAYS BANK PLC

Created 05/03/1976Registered 15/03/1976

CompanyRankvs 9401+ SIC 99999 peers
44

Financial strength56th percentile among SIC peers · 14/25
Employees68th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9401Richards Scrap Metals Limited
54
How is this score calculated?
Financial strength14/25 pts

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

Employees10/15 pts

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

Liquidity0/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£100

Working capital

Current Assets

—

Current Liabilities

—

Debtors

£100

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
2023Infinity
20221.30
20211.02

Derived from filed accounts. Not audited figures.