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Independent Scrap Co. Limited

04640993

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

309A HIGH ROAD, LOUGHTON, IG10 1AH
Incorporated 17/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Adrian Michael Sully

secretary · Since 17/01/2003

SCRAP IRON DEALER

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Mr Adrian Michael Sully

director · Since 28/01/2013

SCRAP MERCHANT

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Persons with Significant Control

Mr Adrian Sully

75–100% shares

British · England · Age 61

44, Celedon Close, Grays, RM16 6PZ

Notified 17/01/2017

CompanyRankvs 1541+ SIC 38320 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£132k

Working capital

Current Assets

Current Liabilities

£132k

Fixed Assets

£65k

0avg. employees

Balance Sheet

Assets less current liabilities-£67k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearImplied Profit
2025+£0
2024+£0
2023+£0
2022+£0
2021+£0
2020+£0
2019+£0

Derived from filed accounts. Not audited figures.