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Jimmy May Scrap Metal Limited

05405246

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE SCRAPYARD, FALMOUTH, TR10 9LQ
Incorporated 29/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mandy May

secretary · Since 29/03/2005

BRITISH

Mr Michael William Victor May

director · Since 29/03/2005

SCRAP METAL MERCHANT & SKIP HI

BRITISH · UNITED KINGDOM · Age 77

Mr Zac May

director · Since 23/06/2026

BRITISH · ENGLAND · Age 25

Persons with Significant Control

Mr Michael William Victor May

75–100% shares

British · United Kingdom · Age 77

The Scrapyard, Penryn, Falmouth, TR10 9LQ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 23/03/2011Registered 07/04/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 08/08/2006Registered 12/08/2006

CompanyRankvs 646+ SIC 39000 peers
60

Financial strength88th percentile among SIC peers · 22/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.5× · 16/20
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 strength22/25 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.

Liquidity16/20 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 30/06/2025

Net Worth

£647k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£153k

Current Liabilities

£102k

Fixed Assets

£830k

Debtors

£84k

0avg. employees

Tax at Year End

Corp tax£34k

Balance Sheet

Intangible assets£0
Assets less current liabilities£881k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50+£0
20251.50+£69k
20241.13-£57k
20231.30-£297
20220.95+£127k
20210.67

Derived from filed accounts. Not audited figures.