Mainline Salvage & Recovery Ltd
10172977
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 14/04/2026
Due 28/04/2027
Industry
Officers
director · Since 01/05/2019
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 5 other boards
Persons with Significant Control
Mr Jamie Lee Smith
British · England · Age 34
Hudson, Industrial Estate, Wolverhampton, WV2 2DB
Notified 03/05/2017
Mr Ian Mark Smith
British · England · Age 58
Hudson, Industrial Estate, Wolverhampton, WV2 2DB
Notified 08/05/2021
CompanyRankvs 15+ SIC 38310 peers84
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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 31/03/2025
Net Worth
£2.3M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£1.5M
Current Liabilities
£275k
Fixed Assets
£1.1M
Debtors
£237k
Tax at Year End(2022)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 5.61 | -£16k | — |
| 2024 | 5.52 | +£52k | — |
| 2023 | 4.70 | +£194k | — |
| 2022 | 3.88 | +£1.1M | £3.1M |
| 2021 | 3.10 | — | £2.3M |
Derived from filed accounts. Not audited figures.