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Amg Resources Limited

01516685

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

AMG RESOURCES LIMITED, LLANELLI, SA15 2HD
Incorporated 10/09/1980

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/05/2025

Due 17/05/2026

On track

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Allan Martin Goldstein

secretary · Since 13/06/2014

Allan Martin Goldstein

director

American

Eric Goldstein

director · Since 25/03/2024

American

Former

Anthony John Banks

secretary · Resigned 13/06/2014

Richard John Hollis

secretary · Resigned 30/09/1997

Brian Robert Ward

secretary · Resigned 31/07/2006

Anthony John Banks

director · Resigned 13/06/2014

Stanley Bryning

director · Resigned 30/09/1993

Jason Stuart Carpenter

director · Resigned 04/08/2010

Jeremy Charles Rixar Cook

director · Resigned 31/07/1993

Peter Michael Kirkpatrick Cook

director · Resigned 31/10/1994

James Hargreaves

director · Resigned 31/10/1996

Richard John Hollis

director · Resigned 30/09/1997

John Robert Kerrigan

director · Resigned 31/05/2015

Patrick Anthony Neenan

director · Resigned 31/03/2002

Andrew Merfyn Rees

director · Resigned 17/02/1999

Peter Illingworth Treharne

director · Resigned 01/04/1998

Brian Robert Ward

director · Resigned 31/07/2006

CompanyRankvs 105+ SIC 24100 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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

Going concern doubt: -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 31/12/2023

Turnover

£20.2M

Annual revenue

Net Worth

£9.7M

Balance sheet strength

Cash

£306k

Cash in the bank

Profit Before Tax

£794k

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£9.1M

Current Liabilities

£2.6M

Fixed Assets

£3.9M

Debtors

£7.6M

Cost of Sales

£17.8M

Gross Profit

£2.4M

Admin Expenses

£457k

Operating Profit

£625k

Profit After Tax

£610k

19avg. employees+1

Tax at Year End

Corp tax£4k

People Costs

Wages & salaries£763k
NI contributions£87k

Balance Sheet

Assets less current liabilities£10.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.46+£610k
20223.53

Derived from filed accounts. Not audited figures.