Pomanda estimates the enterprise value of WORLD METAL RECYCLING LIMITED at £4.7m based on a Turnover of £12.3m and 0.38x industry multiple (adjusted for size and gross margin).
world metal recycling limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of WORLD METAL RECYCLING LIMITED at £2.5m based on an EBITDA of £577.2k and a 4.29x industry multiple (adjusted for size and gross margin).
world metal recycling limitedEstimated Valuation
£3.7m
Pomanda estimates the enterprise value of WORLD METAL RECYCLING LIMITED at £3.7m based on Net Assets of £1.9m and 1.93x industry multiple (adjusted for liquidity).
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World Metal Recycling LimitedOverview
World Metal Recycling Limited is a live company located in manchester, M19 2LH with a Companies House number of 06865444. It operates in the wholesale of waste and scrap sector, SIC Code 46770. Founded in April 2009, it's largest shareholder is
mr zia fareed
with a 50% stake. World Metal Recycling Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£12.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded World Metal Recycling Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £12.3m, make it smaller than the average company (£23.8m)
£12.3m - World Metal Recycling Limited
£23.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 120%, show it is growing at a faster rate (17.1%)
120% - World Metal Recycling Limited
17.1% - Industry AVG
Production
with a gross margin of 11.7%, this company has a comparable cost of product (11.7%)
11.7% - World Metal Recycling Limited
11.7% - Industry AVG
Profitability
an operating margin of 4.6% make it as profitable than the average company (3.9%)
4.6% - World Metal Recycling Limited
3.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (23)
5 - World Metal Recycling Limited
23 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
£49.1k - World Metal Recycling Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.5m, this is more efficient (£834.6k)
£2.5m - World Metal Recycling Limited
£834.6k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (24 days)
38 days - World Metal Recycling Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (18 days)
44 days - World Metal Recycling Limited
18 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (18 days)
0 days - World Metal Recycling Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (21 weeks)
7 weeks - World Metal Recycling Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.1%, this is a higher level of debt than the average (41.6%)
54.1% - World Metal Recycling Limited
41.6% - Industry AVG
WORLD METAL RECYCLING LIMITED financials
EXPORT
World Metal Recycling Limited's latest turnover from March 2024 is estimated at £12.3 million and the company has net assets of £1.9 million. According to their latest financial statements, World Metal Recycling Limited has 5 employees and maintains cash reserves of £214 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
12,267,723
3,348,274
12,926,004
1,158,754
2,248,156
3,390,950
2,456,112
2,433,617
3,196,507
4,742,228
2,723,962
2,656,486
1,400,223
1,423,266
42,152
Other Income Or Grants
Cost Of Sales
10,828,379
2,863,489
11,109,840
1,005,114
1,941,603
2,926,318
2,040,393
2,021,704
2,579,795
3,905,103
2,442,452
2,332,433
1,230,743
1,227,617
34,794
Gross Profit
1,439,344
484,784
1,816,164
153,640
306,554
464,632
415,720
411,912
616,712
837,126
281,510
324,054
169,481
195,648
7,358
Admin Expenses
875,933
-26,992
1,638,508
23,958
201,412
353,726
319,542
335,942
586,499
765,578
211,297
311,683
163,281
205,176
-11,971
Operating Profit
563,411
511,776
177,656
129,682
105,142
110,906
96,178
75,970
30,213
71,548
70,213
12,371
6,200
-9,528
19,329
Interest Payable
97,115
55,059
12,560
5,643
776
9,168
10,166
4,773
2,799
Interest Receivable
8,692
2,500
2,999
435
38
22
764
569
374
198
387
366
315
193
56
Pre-Tax Profit
474,987
459,216
168,095
124,474
104,404
101,759
86,777
71,766
27,788
71,746
70,600
12,738
6,514
-9,335
19,385
Tax
-118,747
-87,251
-31,938
-23,650
-19,837
-19,334
-16,488
-14,353
-5,557
-14,349
-14,826
-2,930
-1,563
-5,428
Profit After Tax
356,240
371,965
136,157
100,824
84,567
82,425
70,289
57,413
22,230
57,397
55,774
9,808
4,951
-9,335
13,957
Dividends Paid
Retained Profit
356,240
371,965
136,157
100,824
84,567
82,425
70,289
57,413
22,230
57,397
55,774
9,808
4,951
-9,335
13,957
Employee Costs
245,526
177,017
168,159
131,738
168,053
233,291
187,342
171,504
318,332
374,077
207,763
139,395
90,338
109,344
34,345
Number Of Employees
5
4
4
3
4
6
5
5
10
11
7
5
3
3
1
EBITDA*
577,151
512,673
178,852
131,945
105,675
111,619
97,127
87,892
46,108
82,640
76,844
23,027
12,612
-9,504
19,362
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
2,391,220
2,352,690
3,587
4,783
1,604
2,137
2,850
35,764
47,686
45,953
34,148
31,968
19,236
73
97
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,391,220
2,352,690
3,587
4,783
1,604
2,137
2,850
35,764
47,686
45,953
34,148
31,968
19,236
73
97
Stock & work in progress
26,290
4,256
12,770
14,850
9,860
10,740
36,850
151,260
109,500
61,437
55,718
Trade Debtors
1,298,968
194,879
2,097,918
40,836
429,894
607,292
556,112
302,654
426,791
555,601
279,836
179,904
69,577
93,178
218
Group Debtors
227,100
Misc Debtors
280,716
317,690
225,465
128,339
51,283
29,119
172,271
52,833
Cash
214,034
117,073
565
799,108
70,476
5,679
182
305,438
149,575
79,334
75,596
71,000
54,906
22,280
misc current assets
total current assets
1,820,008
633,898
2,336,718
983,133
561,513
652,830
992,515
812,185
685,866
617,038
414,888
255,500
140,577
148,084
22,498
total assets
4,211,228
2,986,588
2,340,305
987,916
563,117
654,967
995,365
847,949
733,552
662,991
449,036
287,468
159,813
148,157
22,595
Bank overdraft
26,036
25,451
246,207
66,593
86,133
Bank loan
Trade Creditors
1,319,977
425,783
973,614
174,799
81,923
226,600
119,365
303,572
299,209
530,339
373,781
267,987
150,140
143,435
8,637
Group/Directors Accounts
14,063
317,998
208,037
127,416
other short term finances
hp & lease commitments
38,713
43,501
other current liabilities
118,319
96,237
492,993
77,717
31,618
23,844
29,211
18,739
22,411
total current liabilities
1,438,296
522,020
1,492,643
252,516
113,541
289,958
712,781
635,654
578,670
530,339
373,781
267,987
150,140
143,435
8,637
loans
839,310
887,186
161,105
185,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
839,310
887,186
161,105
185,000
total liabilities
2,277,606
1,409,206
1,653,748
437,516
113,541
289,958
712,781
635,654
578,670
530,339
373,781
267,987
150,140
143,435
8,637
net assets
1,933,622
1,577,382
686,557
550,400
449,576
365,009
282,584
212,295
154,882
132,652
75,255
19,481
9,673
4,722
13,958
total shareholders funds
1,933,622
1,577,382
686,557
550,400
449,576
365,009
282,584
212,295
154,882
132,652
75,255
19,481
9,673
4,722
13,958
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
563,411
511,776
177,656
129,682
105,142
110,906
96,178
75,970
30,213
71,548
70,213
12,371
6,200
-9,528
19,329
Depreciation
13,740
897
1,196
2,263
533
713
949
11,922
15,895
11,092
6,631
10,656
6,412
24
33
Amortisation
Tax
-118,747
-87,251
-31,938
-23,650
-19,837
-19,334
-16,488
-14,353
-5,557
-14,349
-14,826
-2,930
-1,563
-5,428
Stock
22,034
-8,514
-2,080
4,990
-880
-26,110
-114,410
41,760
48,063
5,719
55,718
Debtors
1,067,115
-1,810,814
2,154,208
-312,002
-155,234
-319,072
599,996
-71,304
-128,810
275,765
99,932
110,327
-23,601
92,960
218
Creditors
894,194
-547,831
798,815
92,876
-144,677
107,235
-184,207
4,363
-231,130
156,558
105,794
117,847
6,705
134,798
8,637
Accruals and Deferred Income
22,082
-396,756
415,276
46,099
7,774
-5,367
10,472
-3,672
22,411
Deferred Taxes & Provisions
Cash flow from operations
285,531
1,300,163
-791,123
554,282
105,049
539,335
-578,682
103,774
-87,421
-56,635
12,162
27,617
41,355
32,334
22,353
Investing Activities
capital expenditure
-52,270
-2,350,000
-5,442
31,965
-17,628
-22,897
-8,811
-23,388
-25,575
-130
Change in Investments
cash flow from investments
-52,270
-2,350,000
-5,442
31,965
-17,628
-22,897
-8,811
-23,388
-25,575
-130
Financing Activities
Bank loans
Group/Directors Accounts
-14,063
-303,935
109,961
80,621
127,416
Other Short Term Loans
Long term loans
-47,876
726,081
-23,895
185,000
Hire Purchase and Lease Commitments
-38,713
-4,788
43,501
other long term liabilities
share issue
518,860
99
1
interest
-88,423
-52,559
-9,561
-5,208
-738
-9,146
-9,402
-4,204
-2,425
198
387
366
315
193
56
cash flow from financing
-136,299
1,192,382
-33,456
179,792
-14,801
-313,081
61,846
71,629
168,492
198
387
366
315
292
57
cash and cash equivalents
cash
96,961
116,508
-798,543
728,632
64,797
5,497
-305,256
155,863
149,575
-79,334
3,738
4,596
16,094
32,626
22,280
overdraft
-26,036
26,036
-25,451
-220,756
179,614
-19,540
86,133
change in cash
96,961
142,544
-824,579
728,632
90,248
226,253
-484,870
175,403
63,442
-79,334
3,738
4,596
16,094
32,626
22,280
world metal recycling limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for world metal recycling limited. Get real-time insights into world metal recycling limited's credit score, group structure and payment trends.
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world metal recycling limited Ownership
WORLD METAL RECYCLING LIMITED group structure
World Metal Recycling Limited has no subsidiary companies.
Ultimate parent company
WORLD METAL RECYCLING LIMITED
06865444
WORLD METAL RECYCLING LIMITED Shareholders
The largest shareholders in World Metal Recycling Limited include Mr Zia Fareed and Mrs Naheed Fareed.
mr zia fareed
50%
mrs naheed fareed
50%
world metal recycling limited directors
World Metal Recycling Limited currently has 1 director, Mr Zia Fareed serving since May 2014.
graphic house 308 moseley road, levenshulme, manchester, M19 2LH
Bank
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Legal Advisor
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world metal recycling limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to world metal recycling limited. Currently there are 2 open charges and 0 have been satisfied in the past.
world metal recycling limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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world metal recycling limitedCompanies House Filings - See Documents
