metal recovery solutions limited
metal recovery solutions limited Company Information
Company Number
10337260
Next Accounts
1003 days late
Industry
Recovery of sorted materials
Directors
Shareholders
mr ian hutchins
Group Structure
View All
Contact
Registered Address
204 london road, waterlooville, hampshire, PO7 7AN
Website
-metal recovery solutions limited Estimated Valuation
Pomanda estimates the enterprise value of METAL RECOVERY SOLUTIONS LIMITED at £3.7m based on a Turnover of £5.7m and 0.65x industry multiple (adjusted for size and gross margin).
metal recovery solutions limited Estimated Valuation
Pomanda estimates the enterprise value of METAL RECOVERY SOLUTIONS LIMITED at £159.3k based on an EBITDA of £37.7k and a 4.22x industry multiple (adjusted for size and gross margin).
metal recovery solutions limited Estimated Valuation
Pomanda estimates the enterprise value of METAL RECOVERY SOLUTIONS LIMITED at £11.4k based on Net Assets of £4.9k and 2.34x industry multiple (adjusted for liquidity).
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Metal Recovery Solutions Limited Overview
Metal Recovery Solutions Limited is a live company located in hampshire, PO7 7AN with a Companies House number of 10337260. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in August 2016, it's largest shareholder is mr ian hutchins with a 100% stake. Metal Recovery Solutions Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.7m with unknown growth in recent years.
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Metal Recovery Solutions Limited Health Check
Pomanda's financial health check has awarded Metal Recovery Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £5.7m, make it smaller than the average company (£12.3m)
- Metal Recovery Solutions Limited
£12.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Metal Recovery Solutions Limited
- - Industry AVG
Production
with a gross margin of 23.4%, this company has a comparable cost of product (23.4%)
- Metal Recovery Solutions Limited
23.4% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (4.2%)
- Metal Recovery Solutions Limited
4.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (46)
6 - Metal Recovery Solutions Limited
46 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Metal Recovery Solutions Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £944.1k, this is more efficient (£223k)
- Metal Recovery Solutions Limited
£223k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (33 days)
- Metal Recovery Solutions Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (35 days)
- Metal Recovery Solutions Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is more than average (11 days)
- Metal Recovery Solutions Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Metal Recovery Solutions Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (61%)
99.7% - Metal Recovery Solutions Limited
61% - Industry AVG
METAL RECOVERY SOLUTIONS LIMITED financials
Metal Recovery Solutions Limited's latest turnover from July 2020 is estimated at £5.7 million and the company has net assets of £4.9 thousand. According to their latest financial statements, Metal Recovery Solutions Limited has 6 employees and maintains cash reserves of £2.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|
| 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 | 6 | 6 | 6 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|
| Tangible Assets | 225,365 | 252,612 | 214,862 | 0 |
| Intangible Assets | 22,500 | 25,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 247,865 | 277,612 | 214,862 | 0 |
| Stock & work in progress | 1,150,000 | 1,400,000 | 680,220 | 0 |
| Trade Debtors | 77,539 | 307,215 | 82,888 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 124,227 | 0 | 30,896 | 100 |
| Cash | 2,352 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,354,118 | 1,707,215 | 794,004 | 100 |
| total assets | 1,601,983 | 1,984,827 | 1,008,866 | 100 |
| Bank overdraft | 0 | 157,678 | 24,904 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 513,245 | 1,461,961 | 588,512 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 254,705 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 55,333 | 62,683 | 0 |
| other current liabilities | 762,600 | 196,096 | 160,204 | 0 |
| total current liabilities | 1,530,550 | 1,871,068 | 836,303 | 0 |
| loans | 63,067 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 48,287 | 108,287 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 3,483 | 3,483 | 3,483 | 0 |
| total long term liabilities | 66,550 | 51,770 | 111,770 | 0 |
| total liabilities | 1,597,100 | 1,922,838 | 948,073 | 0 |
| net assets | 4,883 | 61,989 | 60,793 | 100 |
| total shareholders funds | 4,883 | 61,989 | 60,793 | 100 |
| Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 77,826 | 76,583 | 71,621 | 0 |
| Amortisation | 2,500 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -250,000 | 719,780 | 680,220 | 0 |
| Debtors | -105,449 | 193,431 | 113,684 | 100 |
| Creditors | -948,716 | 873,449 | 588,512 | 0 |
| Accruals and Deferred Income | 566,504 | 35,892 | 160,204 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 3,483 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 254,705 | 0 | 0 | 0 |
| Long term loans | 63,067 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -103,620 | -67,350 | 170,970 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 2,352 | 0 | 0 | 0 |
| overdraft | -157,678 | 132,774 | 24,904 | 0 |
| change in cash | 160,030 | -132,774 | -24,904 | 0 |
metal recovery solutions limited Credit Report and Business Information
Metal Recovery Solutions Limited Competitor Analysis
Perform a competitor analysis for metal recovery solutions limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in PO7 area or any other competitors across 12 key performance metrics.
metal recovery solutions limited Ownership
METAL RECOVERY SOLUTIONS LIMITED group structure
Metal Recovery Solutions Limited has no subsidiary companies.
Ultimate parent company
METAL RECOVERY SOLUTIONS LIMITED
10337260
metal recovery solutions limited directors
Metal Recovery Solutions Limited currently has 1 director, Mr Ian Hutchins serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Hutchins | England | 52 years | Aug 2016 | - | Director |
P&L
July 2020turnover
5.7m
-40%
operating profit
-42.6k
0%
gross margin
23.4%
+6.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2020net assets
4.9k
-0.92%
total assets
1.6m
-0.19%
cash
2.4k
0%
net assets
Total assets minus all liabilities
metal recovery solutions limited company details
company number
10337260
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2020
previous names
material recovery services limited (September 2016)
accountant
MMO LIMITED
auditor
-
address
204 london road, waterlooville, hampshire, PO7 7AN
Bank
-
Legal Advisor
-
metal recovery solutions 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 metal recovery solutions limited. Currently there are 1 open charges and 0 have been satisfied in the past.
metal recovery solutions 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.
Click to start generating capital raising & share issue transactions for METAL RECOVERY SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
metal recovery solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
