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Auto Bits Scrap Metal Limited

06587253

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

AUTOBITS SCRAP METAL LTD CLARKES LANE, WILLENHALL, WV13 1HY
Incorporated 08/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38210
Treatment and disposal of non-hazardous waste
38310
Dismantling of wrecks
38320
Recovery of sorted materials

Officers

Darren Harris

secretary · Since 08/05/2008

MANAGER

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Darren Harris

director · Since 08/05/2008

MANAGER

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Darren Harris

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm

British · England · Age 51

Autobits Scrap Metal, Clarkes Lane, Willenhall, WV13 1HT

Notified 27/06/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 08/02/2018Registered 12/02/2018
charge
outstanding

HSBC BANK PLC

Created 27/01/2009Registered 30/01/2009

CompanyRankvs 802+ SIC 38210 peers
40

Financial strength30th percentile among SIC peers · 8/25
Employees79th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
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 strength8/25 pts

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

Employees12/15 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.

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 28/02/2025

Net Worth

£100

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

£183k

Working capital

Current Assets

Current Liabilities

£1.3M

Fixed Assets

£1.0M

Debtors

£1.4M

7avg. employees-3

Balance Sheet

Assets less current liabilities£1.2M
Signed by Mr D Harris

EstimatesDerived

YearCurrent RatioImplied Profit
20230.59+£45k
20220.57+£396k
20210.34

Derived from filed accounts. Not audited figures.