a1 metal recycling (2014) limited
a1 metal recycling (2014) limited Company Information
Company Number
08855311
Website
www.a1metal.co.ukRegistered Address
12 tentercroft street, lincoln, LN5 7DB
Industry
Recovery of sorted materials
Telephone
441777838003
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
cpw recycling ltd 100%
a1 metal recycling (2014) limited Estimated Valuation
Pomanda estimates the enterprise value of A1 METAL RECYCLING (2014) LIMITED at £5.2m based on a Turnover of £8.7m and 0.59x industry multiple (adjusted for size and gross margin).
a1 metal recycling (2014) limited Estimated Valuation
Pomanda estimates the enterprise value of A1 METAL RECYCLING (2014) LIMITED at £4.2m based on an EBITDA of £675.8k and a 6.22x industry multiple (adjusted for size and gross margin).
a1 metal recycling (2014) limited Estimated Valuation
Pomanda estimates the enterprise value of A1 METAL RECYCLING (2014) LIMITED at £8.1m based on Net Assets of £2.8m and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
A1 Metal Recycling (2014) Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
A1 Metal Recycling (2014) Limited Overview
A1 Metal Recycling (2014) Limited is a live company located in lincoln, LN5 7DB with a Companies House number of 08855311. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in January 2014, it's largest shareholder is cpw recycling ltd with a 100% stake. A1 Metal Recycling (2014) Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.7m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
A1 Metal Recycling (2014) Limited Health Check
Pomanda's financial health check has awarded A1 Metal Recycling (2014) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £8.7m, make it smaller than the average company (£15.5m)
- A1 Metal Recycling (2014) Limited
£15.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.7%)
- A1 Metal Recycling (2014) Limited
8.7% - Industry AVG
Production
with a gross margin of 22.5%, this company has a comparable cost of product (22.5%)
- A1 Metal Recycling (2014) Limited
22.5% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (7.3%)
- A1 Metal Recycling (2014) Limited
7.3% - Industry AVG
Employees
with 23 employees, this is below the industry average (39)
23 - A1 Metal Recycling (2014) Limited
39 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- A1 Metal Recycling (2014) Limited
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £378k, this is more efficient (£314.2k)
- A1 Metal Recycling (2014) Limited
£314.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (33 days)
- A1 Metal Recycling (2014) Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (33 days)
- A1 Metal Recycling (2014) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (13 days)
- A1 Metal Recycling (2014) Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (17 weeks)
56 weeks - A1 Metal Recycling (2014) Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.7%, this is a lower level of debt than the average (53.4%)
45.7% - A1 Metal Recycling (2014) Limited
53.4% - Industry AVG
a1 metal recycling (2014) limited Credit Report and Business Information
A1 Metal Recycling (2014) Limited Competitor Analysis
Perform a competitor analysis for a1 metal recycling (2014) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
a1 metal recycling (2014) limited Ownership
A1 METAL RECYCLING (2014) LIMITED group structure
A1 Metal Recycling (2014) Limited has no subsidiary companies.
Ultimate parent company
A1 METAL RECYCLING (2014) LIMITED
08855311
a1 metal recycling (2014) limited directors
A1 Metal Recycling (2014) Limited currently has 4 directors. The longest serving directors include Mr Leonard Wiltshire (Jan 2014) and Mr Stuart Wiltshire (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leonard Wiltshire | England | 69 years | Jan 2014 | - | Director |
| Mr Stuart Wiltshire | England | 65 years | Jan 2014 | - | Director |
| Mr David Potter | England | 57 years | Sep 2022 | - | Director |
| Mr Peter Cannadine | England | 58 years | Sep 2022 | - | Director |
A1 METAL RECYCLING (2014) LIMITED financials
A1 Metal Recycling (2014) Limited's latest turnover from October 2022 is estimated at £8.7 million and the company has net assets of £2.8 million. According to their latest financial statements, A1 Metal Recycling (2014) Limited has 23 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 23 | 23 | 21 | 21 | 21 | 20 | 16 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,702,931 | 1,471,400 | 1,186,171 | 720,588 | 444,469 | 399,622 | 322,200 | 269,244 | 167,146 |
| Intangible Assets | 0 | 0 | 0 | 0 | 29,167 | 79,167 | 129,167 | 179,167 | 229,167 |
| 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 | 1,702,931 | 1,471,400 | 1,186,171 | 720,588 | 473,636 | 478,789 | 451,367 | 448,411 | 396,313 |
| Stock & work in progress | 415,405 | 450,354 | 293,189 | 403,301 | 793,395 | 325,921 | 161,740 | 179,408 | 39,870 |
| Trade Debtors | 947,805 | 1,437,233 | 915,559 | 939,660 | 607,887 | 442,646 | 476,130 | 672,344 | 1,351,056 |
| Group Debtors | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 340,159 | 139,393 | 56,667 | 46,131 | 45,405 | 27,342 | 27,303 | 0 | 0 |
| Cash | 1,825,806 | 1,444,322 | 390,635 | 214,029 | 469,041 | 463,276 | 239,714 | 73,589 | 184,676 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,534,175 | 3,471,302 | 1,656,050 | 1,603,121 | 1,915,728 | 1,259,185 | 904,887 | 925,341 | 1,575,602 |
| total assets | 5,237,106 | 4,942,702 | 2,842,221 | 2,323,709 | 2,389,364 | 1,737,974 | 1,356,254 | 1,373,752 | 1,971,915 |
| Bank overdraft | 0 | 0 | 637 | 0 | 0 | 0 | 407 | 0 | 0 |
| Bank loan | 0 | 0 | 2,500 | 11,193 | 10,695 | 11,193 | 27,187 | 0 | 0 |
| Trade Creditors | 923,315 | 781,042 | 118,504 | 237,266 | 713,177 | 369,685 | 406,189 | 1,291,453 | 1,880,070 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 218,937 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 300,790 | 298,944 | 230,194 | 74,478 | 31,098 | 31,098 | 13,866 | 0 | 0 |
| other current liabilities | 465,486 | 670,017 | 470,085 | 674,645 | 396,876 | 630,236 | 736,150 | 0 | 0 |
| total current liabilities | 1,689,591 | 1,750,003 | 821,920 | 997,582 | 1,370,783 | 1,042,212 | 1,183,799 | 1,291,453 | 1,880,070 |
| loans | 0 | 0 | 47,500 | 10,512 | 21,658 | 31,466 | 21,672 | 0 | 0 |
| hp & lease commitments | 314,895 | 460,763 | 513,741 | 181,713 | 68,212 | 99,309 | 62,827 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44,859 | 54,859 |
| provisions | 387,544 | 273,399 | 190,601 | 119,641 | 65,799 | 67,483 | 0 | 0 | 1,400 |
| total long term liabilities | 702,439 | 734,162 | 751,842 | 311,866 | 155,669 | 198,258 | 84,499 | 44,859 | 56,259 |
| total liabilities | 2,392,030 | 2,484,165 | 1,573,762 | 1,309,448 | 1,526,452 | 1,240,470 | 1,268,298 | 1,336,312 | 1,936,329 |
| net assets | 2,845,076 | 2,458,537 | 1,268,459 | 1,014,261 | 862,912 | 497,504 | 87,956 | 37,440 | 35,586 |
| total shareholders funds | 2,845,076 | 2,458,537 | 1,268,459 | 1,014,261 | 862,912 | 497,504 | 87,956 | 37,440 | 35,586 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 235,394 | 221,604 | 171,373 | 150,809 | 109,818 | 30,630 | 61,651 | 55,346 | 19,438 |
| Amortisation | 0 | 0 | 0 | 29,167 | 50,000 | 50,000 | 50,000 | 50,000 | 20,833 |
| Tax | |||||||||
| Stock | -34,949 | 157,165 | -110,112 | -390,094 | 467,474 | 164,181 | -17,668 | 139,538 | 39,870 |
| Debtors | -283,662 | 604,400 | -13,565 | 332,499 | 183,304 | -33,445 | -168,911 | -678,712 | 1,351,056 |
| Creditors | 142,273 | 662,538 | -118,762 | -475,911 | 343,492 | -36,504 | -885,264 | -588,617 | 1,880,070 |
| Accruals and Deferred Income | -204,531 | 199,932 | -204,560 | 277,769 | -233,360 | -105,914 | 736,150 | 0 | 0 |
| Deferred Taxes & Provisions | 114,145 | 82,798 | 70,960 | 53,842 | -1,684 | 67,483 | 0 | -1,400 | 1,400 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | -2,500 | -8,693 | 498 | -498 | -15,994 | 27,187 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -218,937 | 218,937 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -47,500 | 36,988 | -11,146 | -9,808 | 9,794 | 21,672 | 0 | 0 |
| Hire Purchase and Lease Commitments | -144,022 | 15,772 | 487,744 | 156,881 | -31,097 | 53,714 | 76,693 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -44,859 | -10,000 | 54,859 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 381,484 | 1,053,687 | 176,606 | -255,012 | 5,765 | 223,562 | 166,125 | -111,087 | 184,676 |
| overdraft | 0 | -637 | 637 | 0 | 0 | -407 | 407 | 0 | 0 |
| change in cash | 381,484 | 1,054,324 | 175,969 | -255,012 | 5,765 | 223,969 | 165,718 | -111,087 | 184,676 |
P&L
October 2022turnover
8.7m
-2%
operating profit
440.4k
0%
gross margin
22.5%
-1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
2.8m
+0.16%
total assets
5.2m
+0.06%
cash
1.8m
+0.26%
net assets
Total assets minus all liabilities
a1 metal recycling (2014) limited company details
company number
08855311
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
January 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
12 tentercroft street, lincoln, LN5 7DB
last accounts submitted
October 2022
a1 metal recycling (2014) 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 1 charges/mortgages relating to a1 metal recycling (2014) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
a1 metal recycling (2014) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
