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Imperial Mining, Minerals And Chemicals Trading Uk Ltd

07293380

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 7 KINETICA 13, LONDON, E8 2FD
Incorporated 23/06/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

08990
Other mining and quarrying

Officers

Mr Mehmet Ali Erdogan

director · Since 23/06/2010

LAWYER

BRITISH · UNITED KINGDOM · Age 55

Also on 6 other boards

Mr Erdogan Erdogan

director · Since 01/03/2019

LAWYER

BRITISH · UNITED KINGDOM · Age 44

Also on 5 other boards

Persons with Significant Control

Turgay Ciner

Significant control

Turkish · Turkey · Age 70

2nd Floor, 23 College Hill, London, EC4R 2RP

Notified 01/01/2017

Former PSCs

Mining Minerals And Chemicals Ltd

Ceased 09/09/2022

CompanyRankvs 284+ SIC 08990 peers
42

Financial strength12th percentile among SIC peers · 3/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 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

Going concern doubt: -10 pts

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

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast doubt on the Group's and the Company's ability to continue as a going concern for a period of at least twelve months from when the accounts are authorised for issue. Our responsibilties and the responsibilties of the directors with respect to going concern are described in t

Key FinancialsYear ending 31/12/2024

Turnover

£28.7M

Annual revenue

Net Worth

-£2k

Balance sheet strength

Cash

£42k

Cash in the bank

Profit Before Tax

-£1.5M

Bottom line earnings

Net Current Assets

-£2k

Working capital

Current Assets

£144k

Current Liabilities

£146k

Fixed Assets

£45k

Debtors

£102k

Cost of Sales

£28.4M

Gross Profit

£281k

Admin Expenses

£1.2M

Operating Profit

-£968k

Profit After Tax

-£1.6M

4avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£0
20240.99-£1.5M
20231.17-£2.4M
20222.08+£190k
20211.64+£1.3M
20201.24+£2.4M
20190.65-£22k
201811.69+£19k
201724.87

Derived from filed accounts. Not audited figures.