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Asmet (Uk) Limited

02849713

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

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

Details

JUBILEE HOUSE, DRONFIELD, S18 2HU
Incorporated 01/09/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Andrew John Parker

director · Since 01/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mr Michael David Parker

director · Since 01/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Robert Steven Parker

director · Since 01/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Asmet Limited

75–100% shares
75–100% votes
Significant control

61c, Sheffield Road, Dronfield, S18 2HU

Notified 06/04/2016

Former PSCs

Mr David Parker

Ceased 06/04/2016

Mr Ian Robert Copestake

Ceased 06/04/2016

Charges1 outstanding

Charge
satisfied

IAN ROBERT COPESTAKE

Created 15/11/2019Registered 25/11/2019Satisfied 25/03/2021
Charge
satisfied

ZARRISON LIMITED

Created 15/11/2019Registered 25/11/2019Satisfied 30/11/2020
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 14/11/2019Registered 18/11/2019Satisfied 30/11/2020
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/10/1993Registered 20/10/1993

CompanyRankvs 300+ SIC 46720 peers
68

Financial strength98th percentile among SIC peers · 25/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 15.54× · 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.

Employees13/15 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 directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£10.7M

Annual revenue

Net Worth

£13.2M

Balance sheet strength

Cash

£765k

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£12.4M

Working capital

Current Assets

£13.3M

Current Liabilities

£853k

Fixed Assets

£786k

Debtors

£7.5M

Cost of Sales

£8.5M

Gross Profit

£2.2M

Admin Expenses

£728k

Operating Profit

£1.6M

Profit After Tax

£1.3M

7avg. employees-2

Tax at Year End

Corp tax£61k
Dividends paid£2.9M

People Costs

Wages & salaries£181k
NI contributions£16k

Balance Sheet

Assets less current liabilities£13.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
202415.54-£1.6M
202314.99-£1.5M
20225.16+£4.4M
20213.93

Derived from filed accounts. Not audited figures.