# FINE METALS RECYCLING LTD (SC706953)

> FINE METALS RECYCLING LTD is an active private limited company (company number SC706953) incorporated on 17 August 2021, registered in Aberdeen. Its registered activity is recovery of sorted materials (SIC 38320). Latest small accounts cover the period ending 31 August 2025, showing net assets of −£99k and cash of £11k, with 17 employees on average. Net assets rose 57% on the prior period (−£231k).

- Status: Active
- Incorporated: 2021-08-17
- Registered office: Aberdeen, AB24 4QR
- SIC 38320: Recovery of sorted materials
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-31
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,359 comparable companies in the UK (median £7,721, upper quartile £227k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£99k | £11k | — | £1.58m | — | — | 17 |
| 2024-08-31 | −£231k | £47k | — | £1.52m | — | — | 15 |

current ratio 0.12; size band micro.

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

- Net assets below zero: Net assets £-99,285 at 31 August 2025
- Net assets up 10% or more on the prior period: +57.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.12
- Incorporated five or more years ago: Incorporated 17 August 2021

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

## Persons with significant control

- Mr David Anthony Mcallister — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-08-17

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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/SC706953
HTML: https://firmoscan.com/company/SC706953-fine-metals-recycling-ltd