EMR REUSABLE STEELS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-24 (in 7mo)
Last made up 2025-12-10
Watchouts
Cash
£67K
Latest balance sheet
Net assets
-£3M
Equity attributable
Employees
10
Average over period
Profit before tax
-£4M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements have been prepared on a non-going concern basis. As stated above, management has concluded that substantially more funds are required to build this business than originally anticipated. As a result of this, the decision has been taken to close the business down in February 2025. There have been no adjustments made to the financial statements as a result of application of the non-going concern basis of accounting.
Net assets
1-year trend · vs Industrials median
Accounts
1-year trend · latest reflected 2024-12-31
| Metric | Trend | 2024-12-31 |
|---|---|---|
| Turnover | £620,000 | |
| Operating profit | -£4,225,000 | |
| Profit before tax | -£4,225,000 | |
| Net profit | -£3,120,000 | |
| Cash | £67,000 | |
| Total assets less current liabilities | -£2,570,000 | |
| Net assets | -£2,570,000 | |
| Equity | -£2,570,000 | |
| Average employees | 10 | |
| Wages | £743,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 |
|---|---|---|
| Operating margin | -681.5% | |
| Net margin | -503.2% | |
| Return on capital employed | 164.4% | |
| Gearing (liabilities / total assets) | 263.0% | |
| Current ratio | 0.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a non-going concern basis. As stated above, management has concluded that substantially more funds are required to build this business than originally anticipated. As a result of this, the decision has been taken to close the business down in February 2025. There have been no adjustments made to the financial statements as a result of application of the non-going concern basis of accounting.”
Significant events
- “management has concluded that building the business is taking longer than expected and will require substantially more funds than anticipated. ... it has been decided to close down the business.”
- “decision has been taken to close the business down in February 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TINSLEY, Christopher John | Secretary | 2023-07-20 | — | — |
| MORTON, Roger John, Dr | Director | 2023-07-20 | Oct 1960 | British |
| STINSON, Neil Andrew | Director | 2023-07-20 | Sep 1970 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Invenens Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-07-20 | Active |
Filing timeline
Last 7 of 7 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-23 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-11 | SH01 | capital | Capital allotment shares | |
| 2023-09-01 | AA01 | accounts | Change account reference date company current extended | |
| 2023-07-20 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
Latest filed period vs the prior one