International Metal Industries Limited
11776916
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 09/03/2026
Due 23/03/2027
Industry
Officers
director · Since 18/07/2019
COMPANY DIRECTOR
IRISH · ISLE OF MAN · Age 77
Also on 7 other boards
director · Since 08/04/2021
LAWYER
BRITISH · ENGLAND · Age 60
Also on 15 other boards
Persons with Significant Control
Mr Maurice Elliot Sherling
Irish · Isle Of Man · Age 77
Faulkner House, Victoria Street, St Albans, AL1 3SE
Notified 18/07/2019
Former PSCs
Ian Mahony
Ceased 18/07/2019
Charges3 outstanding
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CompanyRankvs 20605+ SIC 64209 peers31
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£5.8M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Net Current Assets
-£7.0M
Working capital
Current Assets
£303k
Current Liabilities
£7.3M
Fixed Assets
£17.3M
Debtors
£303k
Cost of Sales
£76.5M
Admin Expenses
£27.0M
Profit After Tax
-£2.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.04 | +£2.7M |
| 2023 | — | -£271k |
| 2022 | — | +£2.7M |
| 2021 | — | -£90k |
Derived from filed accounts. Not audited figures.