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City Scrap Limited

07195331

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/01/2011Registered 28/01/2011Satisfied 01/11/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/06/2010Registered 16/06/2010Satisfied 15/02/2011

CompanyRankvs 573+ 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-£16k
20220.60+£33k
20210.53+£8k
20200.35-£15k
20190.50—

Derived from filed accounts. Not audited figures.