mettalis recycling limited
mettalis recycling limited Company Information
Company Number
08794700
Next Accounts
Feb 2025
Shareholders
humayun munir sheikh
james bradley shulman
View AllGroup Structure
View All
Industry
Non-trading company
Registered Address
c/o hart shaw europa link, sheffield business park, sheffield, S9 1XU
Website
www.mettalisrecycling.co.ukmettalis recycling limited Estimated Valuation
Pomanda estimates the enterprise value of METTALIS RECYCLING LIMITED at £171k based on a Turnover of £290.8k and 0.59x industry multiple (adjusted for size and gross margin).
mettalis recycling limited Estimated Valuation
Pomanda estimates the enterprise value of METTALIS RECYCLING LIMITED at £24m based on an EBITDA of £5.8m and a 4.16x industry multiple (adjusted for size and gross margin).
mettalis recycling limited Estimated Valuation
Pomanda estimates the enterprise value of METTALIS RECYCLING LIMITED at £0 based on Net Assets of £0 and 1.35x industry multiple (adjusted for liquidity).
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Mettalis Recycling Limited Overview
Mettalis Recycling Limited is a dissolved company that was located in sheffield, S9 1XU with a Companies House number of 08794700. It operated in the non-trading company sector, SIC Code 74990. Founded in November 2013, it's largest shareholder was humayun munir sheikh with a 20.9% stake. The last turnover for Mettalis Recycling Limited was estimated at £290.8k.
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Mettalis Recycling Limited Health Check
Pomanda's financial health check has awarded Mettalis Recycling Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £290.8k, make it smaller than the average company (£3.1m)
- Mettalis Recycling Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -68%, show it is growing at a slower rate (4.3%)
- Mettalis Recycling Limited
4.3% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Mettalis Recycling Limited
34.8% - Industry AVG
Profitability
an operating margin of 1989% make it more profitable than the average company (5.2%)
- Mettalis Recycling Limited
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (40)
2 - Mettalis Recycling Limited
40 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Mettalis Recycling Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £145.4k, this is equally as efficient (£145.4k)
- Mettalis Recycling Limited
£145.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mettalis Recycling Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mettalis Recycling Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mettalis Recycling Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (34 weeks)
52 weeks - Mettalis Recycling Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (49.1%)
100% - Mettalis Recycling Limited
49.1% - Industry AVG
METTALIS RECYCLING LIMITED financials
Mettalis Recycling Limited's latest turnover from April 2023 is estimated at £290.8 thousand and the company has net assets of 0. According to their latest financial statements, Mettalis Recycling Limited has 2 employees and maintains cash reserves of £2.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,430,913 | 17,486,836 | 12,345,877 | 18,862,620 | 23,063,440 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 10,034,858 | 15,843,280 | 10,842,332 | 18,956,641 | 22,178,546 | ||||
| Gross Profit | 396,055 | 1,643,556 | 1,503,545 | -94,021 | 884,894 | ||||
| Admin Expenses | 277,582 | 1,535,832 | 1,846,657 | 2,336,676 | 2,128,772 | ||||
| Operating Profit | 118,473 | 107,724 | -343,112 | -2,430,697 | -1,243,878 | ||||
| Interest Payable | 8,033 | 784,640 | 934,400 | 562,184 | 325,134 | ||||
| Interest Receivable | 35 | 35 | 44 | 110 | 0 | ||||
| Pre-Tax Profit | 110,440 | 678,356 | -1,277,468 | -2,992,771 | -1,569,012 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | ||||
| Profit After Tax | 110,440 | 678,356 | -1,277,468 | -2,992,771 | -1,569,012 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 110,440 | 678,356 | -1,277,468 | -2,992,771 | -1,569,012 | ||||
| Employee Costs | 700,029 | 804,231 | 804,838 | 1,403,081 | 1,173,736 | ||||
| Number Of Employees | 2 | 4 | 15 | 19 | 25 | 26 | 24 | 28 | 31 |
| EBITDA* | 405,235 | 624,453 | 241,166 | -1,864,654 | -667,595 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 4,750,109 | 5,754,822 | 6,640,780 | 4,868,640 | 5,308,145 | 5,410,302 | 5,112,334 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,860 | 924,423 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 4,750,109 | 5,754,822 | 6,640,780 | 4,868,640 | 5,308,145 | 5,534,162 | 6,036,757 |
| Stock & work in progress | 0 | 0 | 174,987 | 333,219 | 449,672 | 441,736 | 628,678 | 659,918 | 951,479 |
| Trade Debtors | 0 | 0 | 2,581,503 | 2,526,463 | 2,286,533 | 1,766,912 | 636,449 | 1,275,680 | 3,345,766 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 129 | 102,059 | 122,894 | 290,107 | 194,846 | 192,166 | 236,289 | 402,206 |
| Cash | 2,400 | 20,407 | 77,199 | 33,908 | 76,192 | 72,935 | 14,249 | 107,213 | 306,304 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,400 | 20,536 | 2,935,748 | 3,016,484 | 3,102,504 | 2,476,429 | 1,471,542 | 2,279,100 | 5,005,755 |
| total assets | 2,400 | 20,536 | 7,685,857 | 8,771,306 | 9,743,284 | 7,345,069 | 6,779,687 | 7,813,262 | 11,042,512 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 1,802,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 221,742 | 565,109 | 914,939 | 777,704 | 916,556 | 1,454,683 | 5,758,143 | 2,542,710 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 1,323,733 | 795,329 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 138,706 | 114,128 | 219,144 | 482,437 | 530,768 | 571,589 | 1,024,836 |
| other current liabilities | 2,400 | 4,137,629 | 13,070,210 | 12,124,560 | 11,095,673 | 8,994,925 | 7,749,367 | 3,484,929 | 3,594,852 |
| total current liabilities | 2,400 | 4,359,371 | 15,097,758 | 13,948,956 | 13,894,521 | 10,393,918 | 9,734,818 | 9,814,661 | 7,162,398 |
| loans | 0 | 0 | 0 | 600,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 122,771 | 218,200 | 163,771 | 572,435 | 953,230 | 2,917,549 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 39,000 | 402,410 | 424,410 | 424,410 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 722,771 | 218,200 | 202,771 | 974,845 | 1,377,640 | 3,341,959 |
| total liabilities | 2,400 | 4,359,371 | 15,097,758 | 14,671,727 | 14,112,721 | 10,596,689 | 10,709,663 | 11,192,301 | 10,504,357 |
| net assets | 0 | -4,338,835 | -7,411,901 | -5,900,421 | -4,369,437 | -3,251,620 | -3,929,976 | -3,379,039 | 538,155 |
| total shareholders funds | 0 | -4,338,835 | -7,411,901 | -5,900,421 | -4,369,437 | -3,251,620 | -3,929,976 | -3,379,039 | 538,155 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 118,473 | 107,724 | -343,112 | -2,430,697 | -1,243,878 | ||||
| Depreciation | 0 | 117,167 | 490,947 | 527,197 | 286,762 | 516,729 | 584,278 | 497,626 | 516,113 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68,417 | 60,170 |
| Tax | 0 | 0 | 0 | 0 | 0 | ||||
| Stock | 0 | -174,987 | -158,232 | -116,453 | 7,936 | -186,942 | -31,240 | -291,561 | 951,479 |
| Debtors | -129 | -2,683,433 | 34,205 | 72,717 | 614,882 | 1,133,143 | -683,354 | -2,236,003 | 3,747,972 |
| Creditors | -221,742 | -343,367 | -349,830 | 137,235 | -138,852 | -538,127 | -4,303,460 | 3,215,433 | 2,542,710 |
| Accruals and Deferred Income | -4,135,229 | -8,932,581 | 945,650 | 1,028,887 | 2,100,748 | 1,245,558 | 4,264,438 | -109,923 | 3,594,852 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,744,313 | 385,683 | 916,738 | 3,768,420 | 770,516 | ||||
| Investing Activities | |||||||||
| capital expenditure | -2,032,687 | -77,224 | -482,120 | -130,737 | -2,858,976 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -2,032,687 | -77,224 | -482,120 | -130,737 | -2,858,976 | ||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | -1,802,000 | 1,802,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -1,323,733 | 528,404 | 795,329 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -600,000 | 600,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -138,706 | -98,193 | -200,445 | -208,864 | -456,995 | -421,616 | -2,417,566 | 3,942,385 |
| other long term liabilities | 0 | 0 | 0 | 0 | -39,000 | -363,410 | -22,000 | 0 | 424,410 |
| share issue | |||||||||
| interest | -7,998 | -784,605 | -934,356 | -562,074 | -325,134 | ||||
| cash flow from financing | 317,881 | -1,605,010 | -651,441 | -3,904,063 | 6,148,828 | ||||
| cash and cash equivalents | |||||||||
| cash | -18,007 | -56,792 | 43,291 | -42,284 | 3,257 | 58,686 | -92,964 | -199,091 | 306,304 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -18,007 | -56,792 | 43,291 | -42,284 | 3,257 | 58,686 | -92,964 | -199,091 | 306,304 |
mettalis recycling limited Credit Report and Business Information
Mettalis Recycling Limited Competitor Analysis
Perform a competitor analysis for mettalis recycling limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in S 9 area or any other competitors across 12 key performance metrics.
mettalis recycling limited Ownership
METTALIS RECYCLING LIMITED group structure
Mettalis Recycling Limited has no subsidiary companies.
Ultimate parent company
METTALIS RECYCLING LIMITED
08794700
mettalis recycling limited directors
Mettalis Recycling Limited currently has 2 directors. The longest serving directors include Mr Humayun Sheikh (Nov 2013) and Mr Jason Coleman (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Humayun Sheikh | United Kingdom | 51 years | Nov 2013 | - | Director |
| Mr Jason Coleman | United Kingdom | 52 years | Jan 2015 | - | Director |
P&L
April 2023turnover
290.8k
-66%
operating profit
5.8m
0%
gross margin
34.9%
+9.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
0
-1%
total assets
2.4k
-0.88%
cash
2.4k
-0.88%
net assets
Total assets minus all liabilities
mettalis recycling limited company details
company number
08794700
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
c/o hart shaw europa link, sheffield business park, sheffield, S9 1XU
Bank
-
Legal Advisor
-
mettalis 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 11 charges/mortgages relating to mettalis recycling limited. Currently there are 0 open charges and 11 have been satisfied in the past.
mettalis 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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mettalis recycling limited Companies House Filings - See Documents
| date | description | view/download |
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