Modern Scrap Metals Ltd
12875283
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/09/2020
BUSINESS
BRITISH · UNITED KINGDOM · Age 39
Also on 1 other board
director · Since 13/09/2020
BUSINESS
BRITISH · UNITED KINGDOM · Age 42
Also on 1 other board
Persons with Significant Control
Ms Asma Reshamwala
British · United Kingdom · Age 39
50, Greenfield Road, London, E1 1EJ
Notified 13/09/2020
Mr Atiq Mohamad Iqbal Reshamwala
British · United Kingdom · Age 42
50, Greenfield Road, London, E1 1EJ
Notified 13/09/2020
CompanyRankvs 925+ SIC 38320 peers52
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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 31/07/2025
Net Worth
£43k
Balance sheet strength
Cash
£32k
Cash in the bank
Net Current Assets
£42k
Working capital
Current Assets
£563k
Current Liabilities
£521k
Fixed Assets
£1k
Debtors
£531k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.08 | +£47k |
| 2023 | 1.00 | — |
Derived from filed accounts. Not audited figures.