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Allmet Recycling Ltd

13310798

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

14 PLEASANT STREET, WEST BROMWICH, B70 7DP
Incorporated 03/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Stuart Drummond

secretary · Since 03/04/2021

Also on 1 other board

Mr Stuart Drummond

director · Since 03/04/2021

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Mr Stuart Drummond

75–100% shares
75–100% votes
Appoint directors

English · United Kingdom · Age 57

14, Pleasant Street, West Bromwich, B70 7DP

Notified 03/04/2021

CompanyRankvs 1524+ SIC 38320 peers
37

Financial strength8th percentile among SIC peers · 2/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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1524Allmet Recycling Ltd
33
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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.

Longevity5/15 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.

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

Key FinancialsYear ending 30/04/2026

Net Worth

-£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£59k

Current Liabilities

£114k

Fixed Assets

£25k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.52-£34k
20250.80-£21k
20240.92-£11k
20230.91—

Derived from filed accounts. Not audited figures.