BASF METALS RECYCLING LIMITED

1. BASF METALS RECYCLING LIMITED 2011-09-01 → present
2. ENGELHARD SALES LIMITED 1968-06-17 → 2011-09-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company had net assets of £6,620,000 as of 31 December 2024 (2023: £10,648,000) and had a loss of £1,138,000 (2023: £3,097,000 profit) for the year then ended. The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which indicate that the company will have sufficient funds in cash reserves and deposits in the intercompany in-house bank to meet its liabilities as they fall due for that period. BASF Catalysts Germany GmbH have confirmed their financial support to the company for a period of not less than 12 months from the approval of the Annual report and Financial Statements. The directors confirm the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -33.6%

  £330,776,000 → £219,479,000

• Cash

  -9.6%

  £2,716,000 → £2,455,000

• Net assets

  -37.8%

  £10,648,000 → £6,620,000

• Employees

  —

  Not reported

• Operating profit

  -158.5%

  £2,933,000 → -£1,717,000

• Profit before tax

  -127.9%

  £3,608,000 → -£1,008,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers