UK Companies House feature
LOWES METALS AND RECYCLING LIMITED
Cash
£5M
+17.3% vs 2024
Net assets
£10M
+6.1% vs 2024
Employees
17
+13.3% vs 2024
Profit before tax
£1M
-9.9% vs 2024
Profile
- Company number
- 11284770
- Status
- Active
- Incorporation
- 2018-03-29
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 38110
- Hubs
- UK Energy & Climate
Net assets
8-year trend · vs UK Energy & Climate median
Accounts
8-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £12,678,142 | — | £10,822,895 | £8,721,652 | |
| Operating profit | — | — | — | — | £1,318,398 | — | £1,150,828 | £1,038,785 | |
| Profit before tax | — | — | — | — | £1,318,398 | — | £1,150,828 | £1,036,958 | |
| Net profit | — | — | — | — | £1,106,615 | — | £736,956 | £710,634 | |
| Cash | £694,173 | £1,714,325 | £2,303,396 | — | £2,884,257 | — | £4,195,085 | £4,920,287 | |
| Total assets less current liabilities | £5,839,135 | £6,533,647 | £7,818,945 | — | £8,814,792 | — | £9,528,872 | £10,060,729 | |
| Net assets | £5,736,377 | £6,400,344 | £7,452,544 | — | £8,479,159 | — | £9,116,115 | £9,676,749 | |
| Equity | £5,736,377 | £6,400,344 | £7,452,544 | £7,452,544 | £8,479,159 | £8,479,159 | £9,116,115 | £9,676,749 | |
| Average employees | 8 | 10 | 11 | — | 14 | — | 15 | 17 | |
| Wages | — | — | — | — | £243,497 | — | £310,728 | £354,838 |
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
- Barnes Roffe Audit Limited
- Audit opinion
- Unqualified (clean)
- 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
- “There have been no significant events affecting the Group since the year end.”
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
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOWE, Alan | Director | 2018-03-29 | Feb 1950 | British |
| LOWE, Clive | Director | 2018-03-29 | Nov 1973 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LOWE, Sharon | Secretary | 2018-07-03 | 2023-08-14 |
| LOWE, Albert | Director | 2018-03-29 | 2018-04-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lowes Metals Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-07-02 | Active |
| Clive Lowe | Individual | Shares 25–50%, Voting 25–50% | 2018-03-29 | Ceased 2019-07-02 |
| Mr Alan Lowe | Individual | Shares 25–50%, Voting 25–50% | 2018-03-29 | Ceased 2019-07-02 |
| Albert Lowe | Individual | Shares 25–50%, Voting 25–50% | 2018-03-29 | Ceased 2018-06-18 |
Filing timeline
Last 20 of 28 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-18 | AA | accounts | accounts with accounts type full |
| 2025-04-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-28 | AA | accounts | accounts with accounts type full |
| 2024-05-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-20 | AA | accounts | accounts with accounts type total exemption full |
| 2023-08-14 | TM02 | officers | termination secretary company with name termination date |
| 2023-04-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-22 | AA | accounts | accounts with accounts type total exemption full |
| 2022-04-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-12-23 | AA | accounts | accounts with accounts type total exemption full |
| 2021-04-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-02-01 | AA | accounts | accounts with accounts type total exemption full |
| 2020-07-13 | RP04SH01 | capital | second filing capital allotment shares |
| 2020-04-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2019-12-20 | AA | accounts | accounts with accounts type total exemption full |
| 2019-07-10 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2019-07-10 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2019-07-10 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2019-04-10 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
12.61
SAFE
Altman Z″
- Working capital / Total assets 0.424 × 6.56 = +2.78
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.096 × 6.72 = +0.65
- Book equity / Total liabilities 8.741 × 1.05 = +9.18
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
Filings velocity, capital events, officer churn, accounts trajectory