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Met-Sort (Cheslyn Hay) Limited

03303875

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)
  • 1 outstanding charge (-2)

Details

MET-SORT WORKS LANDYWOOD LANE, WALSALL, WS6 7AL
Incorporated 17/01/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46770
Wholesale of waste and scrap

Officers

Mr Lionel William Sifleet

director · Since 17/01/1997

SCRAP METAL DEALER

BRITISH · ENGLAND · Age 64

Lionel William Sifleet

secretary · Since 28/12/2001

SCRAP METAL DEALER

BRITISH · ENGLAND · Age 64

Mr Aaron John Sifleet

director · Since 13/02/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Lionel William Sifleet

25–50% votes

British · England · Age 64

Kings Pool, Cannock Road, Wolverhampton, WV10 7JP

Notified 06/04/2016

Mr Aaron John Sifleet

75–100% shares
50–75% votes

British · United Kingdom · Age 35

3 Hawks Close, Cheslyn Hay, Walsall, WS6 7LE

Notified 19/09/2024

Former PSCs

Mrs Debbie Sifleet

Ceased 19/09/2024

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 21/04/1999Registered 28/04/1999

CompanyRankvs 45+ SIC 46770 peers
76

Financial strength92th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.99× · 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 strength23/25 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

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

£1.8M

Balance sheet strength

Cash

£505k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.0M

Current Liabilities

£405k

Fixed Assets

£200k

Debtors

£162k

7avg. employees

Tax at Year End

Corp tax£72k

Balance Sheet

Intangible assets£1
Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.99-£830k
202310.97+£118k
20225.59+£68k
20215.87—

Derived from filed accounts. Not audited figures.