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Southwark Metals Limited

01651205

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

HORN LINK WAY, LONDON, SE10 0RT
Incorporated 14/07/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Nicola Pratt

secretary · Since 31/01/1995

BRITISH

Mr Thomas William Pratt

director · Since 01/06/2006

CONSULTANT

BRITISH · ENGLAND · Age 53

Also on 12 other boards

Persons with Significant Control

Southwark Platinum Limited

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

158, Trundleys Road, London, SE8 5JE

Reg: 09237707 · England And Wales Registry · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/10/2015Registered 13/10/2015
Charge
satisfied

THE TRUSTEES OF THE LANCING PENSION SCHEME · THE TRUSTEES OF THE SOUTHWARK METALS LIMITED EXECUTIVE PENSION SCHEME

Created 29/09/2014Registered 17/10/2014Satisfied 22/10/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/05/2012Registered 30/05/2012Satisfied 17/10/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/10/2008Registered 30/10/2008Satisfied 17/10/2014
charge
satisfied

BARCLAYS BANK PLC

Created 29/10/1991Registered 07/11/1991Satisfied 09/05/2009

CompanyRankvs 16+ SIC 38320 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.75× · 20/20
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 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

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 director with respect to going con

Key FinancialsYear ending 30/09/2024

Turnover

£17.3M

Annual revenue

Net Worth

£7.7M

Balance sheet strength

Cash

£675k

Cash in the bank

Profit Before Tax

£504k

Bottom line earnings

Net Current Assets

£7.1M

Working capital

Current Assets

£8.4M

Current Liabilities

£1.2M

Fixed Assets

£3.6M

Debtors

£7.5M

Cost of Sales

£13.2M

Gross Profit

£4.1M

Admin Expenses

£3.6M

Operating Profit

£629k

Profit After Tax

£296k

19avg. employees

Tax at Year End(2023)

Corp tax£44k

People Costs

Wages & salaries£795k
NI contributions£125

Balance Sheet

Assets less current liabilities£10.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.75+£296k
20233.31

Derived from filed accounts. Not audited figures.