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Gilpin Scrap Metals Limited

07969259

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GROUND FLOOR KEBLE HOUSE, EXETER, EX1 1NT
Incorporated 29/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46770
Wholesale of waste and scrap

Officers

Mr Simon Austin Gilpin

director · Since 29/02/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Persons with Significant Control

Miss Chelsea Gilpin

25–50% shares

British · England · Age 32

Ground Floor, Keble House, Exeter, EX1 1NT

Notified 29/02/2024

Miss Hollie Gilpin

25–50% shares

British · England · Age 29

Ground Floor, Keble House, Exeter, EX1 1NT

Notified 29/02/2024

Former PSCs

Mr Simon Austin Gilpin

Ceased 29/02/2024

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/08/2018Registered 23/08/2018

CompanyRankvs 770+ SIC 46770 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 30/05/2025

Net Worth

-£86k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£489k

Working capital

Current Assets

£331k

Current Liabilities

£820k

Fixed Assets

£1.0M

Debtors

£256k

11avg. employees

Tax at Year End(2021)

Dividends paid£21k

Balance Sheet

Assets less current liabilities£517k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40-£276k
20240.59+£189k
20230.49-£230k
20220.79+£64k
20210.85+£233k
20200.61-£145k
20191.14-£207k
20182.01

Derived from filed accounts. Not audited figures.