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Saltend Magnet Metals Ltd

14062786

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O St James's Corporate Services Limited 107 Cheapside, Second Floor, London, EC2V 6DN
Incorporated 22/04/2022

Compliance

Last accounts

30/06/2025

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 21/04/2026

Due 05/05/2027

On track

Industry

07290
Mining of other non-ferrous metal ores
08990
Other mining and quarrying

Officers

Mr Robert John Kaplan

director · Since 22/04/2022

FINANCE DIRECTOR

SOUTH AFRICAN · SOUTH AFRICA · Age 52

St James'S Corporate Services Limited

secretary · Since 01/07/2023

BRITISH

Also on 23 other boards

Robert John Kaplan

director · Since 22/04/2022

South African · South Africa · Age 52

St James'S Corporate Services Limited

corporate secretary · Since 01/07/2023

Reg: 03566623

Also on 23 other boards

Former

George John Zacharias

director · Resigned 30/06/2023

Persons with Significant Control

Pensana Plc

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

107, Cheapside, London, EC2V 6DN

Reg: 12206525 · Uk Register Of Companies · Public Limited Company

Notified 22/04/2022

Change History

statusactive
2026-06-28

Active

typeltd
2026-06-28

Private Limited Company

address line1C/O St James's Corporate Services Limited 107 Cheapside
2026-06-28

C/O ST JAMES'S CORPORATE SERVICES LIMITED 107 CHEAPSIDE

post townLondon
2026-06-28

LONDON

CompanyRankvs 75+ SIC 07290 peers
51

Financial strength3th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.46× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/06/2025

Net Worth

-£312k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£297k

Working capital

Current Assets

£364k

Current Liabilities

£67k

Fixed Assets

£1.1M

Debtors

£355k

1avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.46+£88k
20244.91-£96k
20230.34

Derived from filed accounts. Not audited figures.