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International Salvage Union

07083863

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

146 NEW LONDON ROAD, CHELMSFORD, CM2 0AW
Incorporated 23/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr James Meldrum Tangley Herbert

director · Since 01/01/2022

BUSINESS CONSULTANT

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr James Meldrum Tangley Herbert

secretary · Since 28/03/2023

Also on 1 other board

Mr Leendert Muller

director · Since 01/12/2023

MANAGING DIRECTOR

DUTCH · NETHERLANDS · Age 58

CompanyRankvs 2571+ SIC 96090 peers
84

Financial strength96th percentile among SIC peers · 24/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 7.61× · 20/20
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 strength24/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

£532k

Balance sheet strength

Cash

£523k

Cash in the bank

Net Current Assets

£531k

Working capital

Current Assets

£611k

Current Liabilities

£80k

Fixed Assets

£2k

Debtors

£88k

2avg. employees-2

Balance Sheet

Assets less current liabilities£532k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20257.61+£47k
202443.62+£70k
202312.91

Derived from filed accounts. Not audited figures.