MILLTHORPE METALS RECYCLING LIMITED
Company number 02762719 · Monitor this company
Executive summary
Millthorpe Metals Recycling Limited presents a mixed credit profile. The company benefits from a 30-year trading history, positive net assets of £219,982, and tangible assets suitable for security. However, FY2025 shows significant deterioration: retained profits declined by £57,929, cash fell 38%, and a £67,686 shareholder loan represents material capital extraction. The current ratio weakened from 1.94x to 1.48x, and new hire purchase liabilities of £28,800 introduce additional leverage. A CONDITIONAL approval is appropriate — any facility should be secured against tangible assets, include cash minimum covenants, and restrict further shareholder advances until the profitability trajectory is confirmed.
Shareholders' funds
£219,982
Balance sheet as at 2025-08-30
What it does
The principal activity continued to be that of metal recycling.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1992-11-06
- Employees
- 7 (2025 accounts)
- Registered office
- 80 Tyler Street, Wincobank, Sheffield, South Yorkshire, S9 1DH
- Postcode
- S9 1DH
- Capital
- 200 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-08-30
- Next due by
- 2027-05-25
- Financial year end
- 25 August
Confirmation statement
- Last statement dated
- 2025-11-06
- Next due by
- 2026-11-20
Nature of business (SIC)
- 24450 Other non-ferrous metal production
Officers 4 current · 11 resigned
Contact details
- Website
- millthorpemetals.co.uk
- Phone
- 01142430179
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Previous company names
| Name | Date changed |
|---|---|
| MILLTHORPE METALS LIMITED | 2002-04-17 |
| MILLTHORPE TMI LIMITED | 2002-04-15 |
| TEXAS OILFIELD RECLAMATION LIMITED | 1999-09-17 |
Competitors Sheffield
This company ranks 10 among other non-ferrous metal production in Sheffield.
The class of 1992
49%
of the 21,839 companies incorporated in 1992 are still active today; 46% have since been dissolved.
A fact about the year, not a forecast for this company.