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Metal Recycle Group Ltd

14544445

active
Private Limited Company
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

8 CLOCK HOUSE PARADE, LONDON, N13 6BG
Incorporated 16/12/2022

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/12/2025

Due 29/12/2026

On track

Industry

32990
Other manufacturing
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Mehmet Findik

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND

Also on 1 other board

Mr Ross Aaron Maule

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND

Also on 4 other boards

Persons with Significant Control

Mr Mehmet Findik

25–50% shares
25–50% votes

British · England

Notified 16/12/2022

Mr Ross Aaron Maule

25–50% shares
25–50% votes

British · England

Notified 16/12/2022

CompanyRankvs 13014+ SIC 32990 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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13014Metal Recycle Group Ltd
31
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.

Liquidity2/20 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 31/12/2025

Net Worth

-£46k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£21k

Current Liabilities

£67k

Debtors

£777

3avg. employees+3
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31+£6k
20240.39-£39k
20230.53—

Derived from filed accounts. Not audited figures.