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Asc Metals Lincoln Limited

03443750

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

WESTMINSTER INDUSTRIAL ESTATE, NORTH HYKEHAM LINCOLN, LN6 3QY
Incorporated 02/10/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Richard Anthony Hoole

director · Since 11/12/1997

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Ms Nikki Jo Butlin

secretary · Since 14/03/2022

Also on 1 other board

Ms Nikki Jo Butlin

director · Since 14/03/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Asc Metals Lincoln Trustees Limited

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

Westminster Industrial Estate, Station Road, Lincoln, LN6 3QY

Reg: 16769984 · Registrar Of Companies In England And Wales · Company Limited By Guarantee

Notified 29/10/2025

Former PSCs

Mr Anthony Baron Wilson Hoole

Ceased 28/07/2021

Mr Richard Anthony Hoole

Ceased 29/10/2025

Charges3 outstanding

Charge
outstanding

RICHARD ANTHONY HOOLE

Created 29/10/2025Registered 31/10/2025
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 26/01/2022Registered 27/01/2022
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 20/01/2017Registered 20/01/2017
Charge
satisfied

ASC LINCOLN RETIREMENT BENEFIT SCHEME

Created 08/07/2014Registered 07/08/2014Satisfied 06/01/2022
charge
satisfied

RICHARD ANTHONY HOOLE AND VICTORIA ANN HOOLE TRUSTEES OF ASC LINCOLN RETIREMENT BENEFITS SCHEME

Created 03/09/2009Registered 10/09/2009Satisfied 16/07/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/01/1998Registered 29/01/1998Satisfied 18/01/2017

CompanyRankvs 124+ SIC 46900 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.15× · 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.

Employees15/15 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 31/12/2024

Turnover

£9.2M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£2.9M

Cash in the bank

Profit Before Tax

£590k

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£7.4M

Current Liabilities

£1.8M

Fixed Assets

£523k

Debtors

£1.4M

Cost of Sales

£6.5M

Gross Profit

£2.7M

Admin Expenses

£849k

Operating Profit

£555k

Profit After Tax

£438k

29avg. employees

Tax at Year End

Corp tax£144k

People Costs

Wages & salaries£1.1M
NI contributions£108k

Balance Sheet

Assets less current liabilities£6.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.15+£438k
20233.73+£606k
20222.60+£1.1M
20212.13+£1.3M
20201.86+£36k
20191.98-£88k
20181.76

Derived from filed accounts. Not audited figures.