£43k
+994%vs Jul 2024Active12875283Private limited companyLondon
MODERN SCRAP METALS LTD
Significant control: Atiq Mohamad Iqbal Reshamwala (25–50%), Asma Reshamwala (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Modern Scrap Metals Ltd sell?
Registered activity: Recovery of sorted materials (SIC 38320). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MODERN SCRAP METALS LTD is an active private limited company (company number 12875283) incorporated on 13 September 2020, registered in London. Its registered activity is recovery of sorted materials (SIC 38320). Latest abridged accounts cover the period ending 31 July 2025, showing net assets of £43k and cash of £32k, with 1 employee on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 994% on the prior period (£3,961).
Peer position · net assets
By net assets it sits in the upper half of 99 comparable companies in London (median £11k, upper quartile £267k).
02
Ownership and control
- Mr Atiq Mohamad Iqbal Reshamwala
- owns 25–50% of shares
- holds 25–50% of voting rights
- Ms Asma Reshamwala
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 13 September 20206 yrs ago
- Next accounts due
- 30 April 2027in 187 days
- Confirmation statement due
- 27 September 2027in 337 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 38320
- Recovery of sorted materials
- SIC 46770
- Wholesale of waste and scrap
- SIC 96090
- Other service activities n.e.c.
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
05
Financials
£32k
+8325%vs Jul 2024Not disclosed
1
vs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | £43k | £32k | £531k | £521k | — | — | 1 |
| 31 July 2024 | £3,961 | £385 | £243k | £249k | — | — | 0 |
Current ratio1.08Current assets ÷ creditors within one year
Cash per employee£32kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £43,348 at 31 July 2025
- Net assets up 10% or more on the prior period+994.4% vs prior period
- Incorporated five or more years agoIncorporated 13 September 2020
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 337 days
- Next accounts duein 187 days
- Accounts period endNet assets £43k · abridged accounts
- Accounts period endNet assets £3,961 · abridged accounts
- Incorporated
08
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All companies incorporated on 13 September 2020 · in Sept 2020.
09
Reminders for MODERN SCRAP METALS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.