# MODERN SCRAP METALS LTD (12875283)

> 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).

- Status: Active
- Incorporated: 2020-09-13
- Registered office: London, E1 1EJ
- SIC 38320: Recovery of sorted materials
- SIC 46770: Wholesale of waste and scrap
- SIC 96090: Other service activities n.e.c.
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-09-27
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the upper half of 99 comparable companies in London (median £11k, upper quartile £267k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £43k | £32k | £531k | £521k | — | — | 1 |
| 2024-07-31 | £3,961 | £385 | £243k | £249k | — | — | 0 |

current ratio 1.08; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net 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 ago: Incorporated 13 September 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Atiq Mohamad Iqbal Reshamwala — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-09-13
- Ms Asma Reshamwala — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-09-13

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12875283
HTML: https://firmoscan.com/company/12875283-modern-scrap-metals-ltd