THE REMET COMPANY LIMITED
Company number 03302783 · Monitor this company
Executive summary
The Remet Company Limited presents a MEDIUM risk profile, primarily due to the inherent volatility of the scrap metal sector, thin profit margins, and high leverage, which expose the firm to commodity and credit risks. However, these concerns are currently mitigated by strong 23% revenue growth, a robust £9.93M net profit, and a vastly improved cash position of £6.87M in FY2025. Further investigation into the composition of the group's £54.36M liabilities and the historical volatility of its net asset base is essential to fully ascertain long-term solvency.
Shareholders' funds
£13,220,351
Balance sheet as at 2025-06-30
What it does
The principal activity of the group in the year under review was that of selling of scrap metals.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1997-01-15
- Employees
- 138 (2025 accounts · was 117 in 2024)
- Registered office
- Remet Works 9a Cody Business Centre, South Crescent, London, E16 4TL
- Postcode
- E16 4TL
- Capital
- 300 GBP
- Accounts category
- Group
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-01-21
- Next due by
- 2027-02-04
Nature of business (SIC)
- 46770 Wholesale of waste and scrap
Officers 6 current · 6 resigned
Group structure 5 subsidiaries
Controlled by THE REMET GROUP LIMITED — since 2022-09-15
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| MB84 LIMITED | 1997-03-21 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 9A CODY BUSINESS CENTRE, CODY ROAD, LONDON, E16 4SR | 2012-04-17 |
| 1 MITCHELL LANE, BRISTOL, BS1 6BU | 1997-04-08 |
Among its peers
Top 25%
by shareholders' funds, of 17 similar companies in E
2nd largest employer among its local peers (138 staff).
2nd oldest of its local peers, trading since 1997.
Competitors London
This company ranks 2 among wholesale of waste and scrap in London.
The class of 1997
43%
of the 50,527 companies incorporated in 1997 are still active today; 54% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2024-10-30
- Where
- Leicestershire (1), Greater London (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| LT557233 | Leicestershire | Leasehold | 2024-10-30 | — |
| EGL203295 | Greater London | Leasehold | 1997-04-25 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.