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World Metal Recycling Limited

06865444

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

GRAPHIC HOUSE 308 MOSELEY ROAD, MANCHESTER, M19 2LH
Incorporated 01/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46770
Wholesale of waste and scrap
68209
Other letting and operating of own or leased real estate

Officers

Mr Zia Fareed

director · Since 01/05/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Zia Fareed

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

40, Carrwood Avenue, Stockport, SK7 2PY

Notified 27/02/2017

Mrs Naheed Fareed

25–50% shares
25–50% votes

British · United Kingdom · Age 53

40, Carrwood Avenue, Stockport, SK7 2PY

Notified 05/02/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/10/2022Registered 17/10/2022
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2012Registered 11/04/2012

CompanyRankvs 141+ SIC 46770 peers
72

Financial strength94th percentile among SIC peers · 24/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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141World Metal Recycling Limited
78
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.

Employees12/15 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 31/03/2026

Net Worth

£2.3M

Balance sheet strength

Cash

£252k

Cash in the bank

Net Current Assets

£713k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.2M

Fixed Assets

£2.4M

Debtors

£1.5M

5avg. employees+1

Balance Sheet

Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.61+£139k
20251.41+£265k
20241.27+£356k
20231.21—

Derived from filed accounts. Not audited figures.