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Metal Distributors (U.K.) Limited

01458175

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

45 CIRCUS ROAD, LONDON, NW8 9JH
Incorporated 31/10/1979

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/11/2025

Due 04/12/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68310
Real estate agencies
68320
Management of real estate on a fee or contract basis

Officers

Mr Yashvardhan Binani

director · Since 28/04/2022

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Yashvardhan Binani

75–100% shares
75–100% votes

British · United Kingdom · Age 36

45 Circus Road, Circus Road, London, NW8 9JH

Notified 20/11/2023

Former PSCs

Mr Gokul Das Binani

Ceased 01/02/2023

Mrs Madhu Binani

Ceased 05/06/2023

Ms Puja Poddar

Ceased 20/11/2023

Charges2 outstanding

Charge
outstanding

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Charge
outstanding

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Created 10/01/2024Registered 17/01/2024
Charge
satisfied

COUTTS & COMPANY

Created 12/11/2018Registered 27/11/2018Satisfied 18/03/2024
Charge
satisfied

COUTTS & COMPANY

Created 12/11/2018Registered 23/11/2018Satisfied 18/03/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 17/06/2014Registered 24/06/2014Satisfied 19/05/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 17/06/2014Registered 24/06/2014Satisfied 13/02/2024
charge
satisfied

BARCLAYS BANK PLC

Created 11/06/2012Registered 22/06/2012Satisfied 13/02/2024
charge
satisfied

BARCLAYS BANK PLC

Created 25/05/2011Registered 27/05/2011Satisfied 19/05/2022

CompanyRankvs 9177+ SIC 68100 peers
64

Financial strength94th percentile among SIC peers · 24/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 11.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees0/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£667k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.5M

Current Liabilities

£132k

Fixed Assets

£4.0M

Debtors

£1.5M

Balance Sheet

Bank loans & overdrafts£1.5M
Assets less current liabilities£5.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202411.58-£753k

Derived from filed accounts. Not audited figures.