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Eps Materials Recovery Ltd

08016976

liquidation
Private Limited Company
wales
Companies House
Insolvency history
Health Score
N/A

Details

25 FARRINGDON STREET, LONDON, EC4A 4AB
Incorporated 03/04/2012

Compliance

Last accounts

30/04/2019

small

Next accounts due

30/04/2021

Overdue

Confirmation statement

Last: 03/04/2020

Due 15/05/2021

Overdue

Industry

46770
Wholesale of waste and scrap

Officers

Mr Adrian Leigh Stewart

director · Since 03/04/2012

COMPANY DIRECTOR

BRITISH · WALES · Age 60

Also on 9 other boards

Mr Jason Mark Coleman

director · Since 13/03/2017

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 12 other boards

Mr Mark Scarlioli

director · Since 24/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Max William Simon Ashton

25–50% shares

British · United Kingdom · Age 65

25, Farringdon Street, London, EC4A 4AB

Notified 06/04/2016

Mr Humayun Munir Sheikh

voting-rights-50-to-75-percent-as-firm

British · United Kingdom · Age 53

25, Farringdon Street, London, EC4A 4AB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

METTALIS LIMITED

Created 10/06/2020Registered 12/06/2020
Charge
satisfied

HH CASHFLOW FINANCE LIMITED

Created 31/03/2016Registered 06/04/2016Satisfied 12/05/2020
Charge
outstanding

METTALIS LIMITED

Created 01/12/2015Registered 07/12/2015
Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 31/10/2013Registered 01/11/2013Satisfied 31/03/2016

Insolvency History2 cases

in administration

Abigail Shearing (practitioner) · Steven M Law (practitioner) · Tyrone Courtman (practitioner)

creditors voluntary liquidation18/03/2021

Abigail Shearing (practitioner) · Tyrone Courtman (practitioner) · James Ashley Dowers (practitioner)

CompanyRankvs 15190+ SIC 46770 peers
6

Financial strength5th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -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.

Employees0/15 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

company's ability to continue as a going concern. At the year end 30 April 2019, the company has net current liabilities of £1,735,128 (2018 £812,694). This condition, along with the other matters explained in note 1.2 to the financial statements,

Key FinancialsYear ending 30/04/2019

Turnover

£17.9M

Annual revenue

Net Worth

-£57k

Balance sheet strength

Cash

£30k

Cash in the bank

Profit Before Tax

-£795k

Bottom line earnings

Net Current Assets

-£1.7M

Working capital

Current Assets

£2.6M

Current Liabilities

£4.3M

Fixed Assets

£1.9M

Debtors

£1.9M

Cost of Sales

£16.4M

Gross Profit

£1.5M

Admin Expenses

£1.9M

Operating Profit

-£440k

Profit After Tax

-£795k

Balance Sheet

Assets less current liabilities£214k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20190.60-£795k
20180.82

Derived from filed accounts. Not audited figures.