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Asc Metals Lincoln Limited

03443750

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
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

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

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

CompanyRankvs 265+ SIC 46900 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.23× · 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 strength24/25 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

the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The Company has assessed its ability to continue as a going concern following its transition to employee ownership. Under the terms of the EOT transaction, the Company is expected to make ongoing profit-funded contributions to the EOT to enable it to service

Key FinancialsYear ending 31/12/2025

Net Worth

£3.7M

Balance sheet strength

Cash

£573k

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£5.1M

Current Liabilities

£1.6M

Fixed Assets

£418k

Debtors

£1.6M

27avg. employees-2

Tax at Year End(2024)

Corp tax£144k

People Costs(2024)

Wages & salaries£1.1M
NI contributions£108k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.23-£2.1M
20244.15+£438k
20233.73

Derived from filed accounts. Not audited figures.