UK Companies House feature
NATIONWIDE METAL RECYCLING LIMITED
Cash
£3M
+20% vs 2024
Net assets
£23M
+4.2% vs 2024
Employees
78
+5.4% vs 2024
Profit before tax
£1M
-26.2% vs 2024
Profile
- Company number
- 06382551
- Status
- Active
- Incorporation
- 2007-09-26
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 38320
- Hubs
- UK Energy & Climate
Net assets
10-year trend · vs UK Energy & Climate median
Accounts
10-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £17,524,382 | — | £18,659,528 | — | £28,994,571 | — | £26,347,720 | — | £25,096,794 | £26,939,439 | |
| Operating profit | £1,255,295 | — | £2,735,467 | — | £5,506,800 | — | £3,787,998 | — | £1,597,004 | £1,136,721 | |
| Profit before tax | £1,343,718 | — | £2,699,773 | — | £5,458,994 | — | £3,796,164 | — | £1,679,179 | £1,238,468 | |
| Net profit | £1,099,677 | — | £2,143,501 | — | £4,432,509 | — | £3,069,026 | — | £1,099,979 | £937,414 | |
| Cash | £1,760,317 | £1,760,317 | £1,445,697 | £1,445,697 | £3,705,704 | £3,705,704 | £131,300 | £2,381,300 | £2,655,907 | £3,186,113 | |
| Total assets less current liabilities | £13,091,670 | — | £14,355,243 | — | £18,805,513 | — | £21,790,227 | — | £23,082,990 | £24,104,196 | |
| Net assets | £11,568,079 | — | £13,711,580 | — | £18,144,089 | — | £21,213,115 | — | £22,313,094 | £23,250,508 | |
| Equity | £11,568,079 | £11,568,079 | £13,711,580 | £13,711,580 | £18,144,089 | £18,144,089 | £21,213,115 | £21,213,115 | £22,313,094 | £23,250,508 | |
| Average employees | 74 | — | 73 | — | 72 | — | 73 | — | 74 | 78 | |
| Wages | £2,357,341 | — | £2,238,810 | — | £2,439,175 | — | £2,648,329 | — | £2,931,346 | £3,090,113 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The principal market in which the Company operates is extremely competitive resulting in pressure on margins.”
- “The business has exposure to both scrap metal prices and arisings, both of which are linked to the global economic environment.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDWARDS, Douglas | Secretary | 2007-09-26 | — | British |
| EDWARDS, Douglas | Director | 2007-09-26 | Nov 1959 | British |
| EDWARDS, Helen Mary | Director | 2011-10-01 | Sep 1965 | English |
| EDWARDS, James | Director | 2007-09-26 | May 1964 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Helen Mary Edwards | Individual | Voting 25–50% | 2016-04-06 | Ceased 2016-04-16 |
| Mr Douglas Edwards | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-16 |
| Mr James Edwards | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-17 | AA | accounts | accounts with accounts type full |
| 2025-09-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-20 | AA | accounts | accounts with accounts type full |
| 2024-09-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-04 | AA | accounts | accounts with accounts type full |
| 2023-09-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-11-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-11-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-11-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-11-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-10-13 | AA | accounts | accounts with accounts type full |
| 2022-09-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-11-25 | AA | accounts | accounts with accounts type full |
| 2021-09-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-05-11 | AA | accounts | accounts with accounts type full |
| 2020-09-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-12-30 | AA | accounts | accounts with accounts type full |
| 2019-09-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-02-28 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2019-02-27 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
11.12
SAFE
Altman Z″
- Working capital / Total assets 0.626 × 6.56 = +4.11
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.042 × 6.72 = +0.28
- Book equity / Total liabilities 6.413 × 1.05 = +6.73
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
21.1
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 55
- Accounts trajectory 57
- 2 filing(s) in last 12 months
- Employees +5% YoY
- Turnover +7% YoY