UK Companies House feature
SIMS METAL MANAGEMENT FINANCE LIMITED
Profile
- Company number
- 10791653
- Status
- Active
- Incorporation
- 2017-05-26
- Last accounts made up
- 2024-06-30
- Account category
- FULL
- Primary SIC
- 66190
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's net asset position is £2,206,824 (2023: £2,532,044). The net asset position is almost entirely related to amounts owed by/to group undertakings. The director considers that the Company; with the support of the ultimate parent, is in a strong position to manage its risks even in the current economic climate. Sims Limited is the ultimate parent of Sims Metal Management Finance Limited and has provided a letter of support to the company. Sims Limited has provided a letter of support to Sims Group UK Holdings Limited, Sims Lifecycle Services Limited and Sims Metal Management Finance Limited in case of financial difficulties, and if necessary, will invest additional funds essential to ensure that the aforementioned entities will continue to operate as a going concern. The support extends for a period of at least 12 months from the date of signing of the financial statements. Accordingly, the directors have given consideration to the basis for which the financial statements should be prepared and has concluded that there is reasonable expectation that the company has access to the resources necessary to continue in operational existence for a minimum of 12 months from the date of the approval of these financial statements.”
Significant events
- “Loans/balances due from Sims Group UK Limited (now Unimetals Recycling (UK) Limited) were reassigned to Sims Group UK Holdings Limited on 30 September 2024, following the sale of Sims Group UK Limited.”
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
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALI, Nadeem | Director | 2025-10-20 | Jan 1970 | American |
| LION, Michael | Director | 2025-10-20 | Dec 1977 | Australian |
| RANSON, Warrick | Director | 2025-10-20 | Jun 1965 | Australian |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLARK, James Wesley, Director | Director | 2023-11-01 | 2025-10-20 |
| GUERCIO, Wanda | Director | 2024-03-01 | 2025-09-08 |
| MALIK, Josef, Mr. | Director | 2023-11-01 | 2024-10-04 |
| PATEL, Amit | Director | 2017-05-26 | 2018-05-31 |
| STEWART, Brent Braxton | Director | 2017-05-26 | 2024-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sims Group Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-26 | Active |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-24 | TM01 | officers | termination director company with name termination date |
| 2025-10-24 | AP01 | officers | appoint person director company with name date |
| 2025-10-24 | AP01 | officers | appoint person director company with name date |
| 2025-10-24 | AP01 | officers | appoint person director company with name date |
| 2025-10-02 | TM01 | officers | termination director company with name termination date |
| 2025-06-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-02 | AA | accounts | accounts with accounts type full |
| 2024-10-04 | TM01 | officers | termination director company with name termination date |
| 2024-10-04 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-04 | AD01 | address | change registered office address company with date old address new address |
| 2024-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-30 | AA | accounts | accounts with accounts type full |
| 2024-03-05 | AP01 | officers | appoint person director company with name date |
| 2024-01-15 | TM01 | officers | termination director company with name termination date |
| 2023-11-30 | AP01 | officers | appoint person director company with name date |
| 2023-11-30 | AP01 | officers | appoint person director company with name date |
| 2023-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-11-25 | AA | accounts | accounts with accounts type full |
| 2022-05-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-05-25 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory