London Scrap Metal Recycling Limited
07729918
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 09/01/2026
Due 23/01/2027
Industry
Officers
director · Since 01/04/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 1 other board
Persons with Significant Control
Mr Michael Spires
British · England · Age 37
Unit 115, Accounts By Simply, 40 Gracechurch Street, London, EC3V 0BT
Notified 01/07/2016
Former PSCs
Mrs Mary Catherine Spires
Ceased 04/07/2017
Miss Melissa Tobin
Ceased 04/07/2017
CompanyRankvs 247+ SIC 38320 peers77
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
£1.1M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Net Current Assets
£683k
Working capital
Current Assets
£2.5M
Current Liabilities
£1.8M
Fixed Assets
£458k
Debtors
£215k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.37 | +£365k |
| 2023 | 1.25 | +£152k |
| 2022 | 1.16 | +£262k |
| 2021 | 1.11 | -£18k |
| 2020 | 1.06 | -£26k |
| 2019 | 1.17 | +£28k |
| 2018 | 1.20 | — |
Derived from filed accounts. Not audited figures.