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City Scrap Limited

07195331

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 DALE STREET, LINCOLN, LN5 8LL
Incorporated 19/03/2010

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/10/2025

Due 02/11/2026

On track

Industry

38320
Recovery of sorted materials
45112
Sale of used cars and light motor vehicles

Officers

Mr Daniel Martin

director · Since 31/12/2024

YARD MANAGER

BRITISH · ENGLAND · Age 38

Miss Samantha Jade Martin

director · Since 31/12/2024

YARD AND OFFICE MANAGER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Miss Samantha Jade Martin

25–50% shares
50–75% votes

British · United Kingdom · Age 51

69, South Park, Lincoln, LN5 8ES

Notified 06/04/2016

Former PSCs

Mrs Amber Jane Martin Grinhaff

Ceased 02/09/2020

Mr James Anthony Martin

Ceased 01/06/2025

Mr Arthur Grinhaff

Ceased 31/12/2024

Mr Daniel Martin

Ceased 16/09/2024

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/12/2013Registered 13/12/2013

CompanyRankvs 563+ SIC 38320 peers
59

Financial strength81th percentile among SIC peers · 20/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength20/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£655k

Balance sheet strength

Cash

£223k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£565k

Current Liabilities

£611k

Fixed Assets

£1.2M

Debtors

£41k

14avg. employees+2

Balance Sheet

Intangible assets£100k
Assets less current liabilities£1.2M
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93+£74k
20240.73+£135k
20230.64

Derived from filed accounts. Not audited figures.