London Metals Limited in London, N1 8GB

Description

Data updated on: 01-11-2023

London Metals came into being in 1980 as a company enlisted under no 01494995, located at N1 8GB London at Angel Waterside. The firm has been in business for 44 years and its official state is active. This enterprise's registered with SIC code 46770 and has the NACE code: Wholesale of waste and scrap. 2022-12-31 is the last time account status updates were reported.

According to this specific enterprise's executives list, since 2002 there have been two directors: Philip D. and David D.. Moreover, the director's efforts are backed by a secretary - Daniel F., who was chosen by this business 2 years ago.

Executives who control the firm include: David D. has substantial control or influence over the company. Philip D. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	890 126	837 321	1 797 924	1 618 254	1 461 119
Current Assets	7 639 937	5 279 834	6 048 549	6 733 816	7 078 327
Debtors	4 030 274	2 854 993	2 707 573	3 495 923	3 587 801
Net Assets Liabilities	6 903 441	6 906 036	6 564 426	6 733 672	7 253 804
Other Debtors	4 125	4 025	2 850	2 750	950
Property Plant Equipment	1 718 301	1 682 405	1 610 637	1 602 213	1 651 911
Total Inventories	2 719 537	1 587 520	1 543 052	1 619 639	2 029 407

Other Financial Data
Audit Fees Expenses	16 000	16 000	20 000	20 000	21 500
Amount Specific Advance Or Credit Directors				100 000	100 000
Amount Specific Advance Or Credit Made In Period Directors				100 000
Company Contributions To Money Purchase Plans Directors	36 785	16 785	15 289	11 150	10 800
Compensation For Loss Office Directors				30 000
Director Remuneration	422 860	409 226	293 803	286 109	236 467
Dividend Recommended By Directors				60 000
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	2	2	1
Accrued Liabilities Deferred Income	120 197	128 291	412 439	664 641	499 798
Accumulated Depreciation Impairment Property Plant Equipment	41 836	84 785	40 240	60 135	53 746
Administrative Expenses	1 403 888	1 302 513	970 610	1 114 890	1 415 323
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period		11	11	11	11
Bank Borrowings Overdrafts	258 885
Bank Overdrafts	258 885
Cash Cash Equivalents Cash Flow Value	631 241	837 321	1 797 924	1 618 254
Cash Receipts From Government Grants			-5 282
Comprehensive Income Expense	507 254	2 595	-341 610	229 246	770 132
Corporation Tax Payable	105 069	2 616			181 882
Corporation Tax Recoverable			60 989	4 585
Cost Sales	19 752 960	13 683 724	12 245 783	16 844 078	21 520 046
Creditors	2 305 061	343 076	722 947	1 472 726	1 297 223
Current Tax For Period	105 069	2 658	-60 953	56 404	181 882
Deferred Tax Liabilities		500	724	1 343	2 318
Depreciation Amortisation Expense	16 180	44 130	6 794	19 895	22 435
Depreciation Expense Property Plant Equipment	16 180	44 130	6 794	19 895	22 436
Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 181
Disposals Property Plant Equipment		1 181
Dividends Paid	170 000			60 000	250 000
Dividends Paid Classified As Financing Activities	-170 000			-60 000	-250 000
Dividends Paid On Shares Final	170 000			60 000	250 000
Dividends Received Classified As Investing Activities		-5 713	-6 670
Fixed Assets	1 719 865	2 129 332	1 611 573	1 603 149	1 652 818
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	102 444		-68 660		49 300
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	-28	-13 682	-440 074		-30
Further Operating Expense Item Component Total Operating Expenses	4 000	6 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases		25 200	1 226	5 040	5 040
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	57 589	-1 483 147	647 893	406 254	-357 385
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	1 331 371	1 175 281	208 409	-844 754	-96 463
Gain Loss On Disposal Assets Income Statement Subtotal	28	-419	23 114
Gain Loss On Disposals Property Plant Equipment	28	-419	23 114
Gross Profit Loss	2 009 189	1 291 068	645 784	1 413 808	2 366 017
Income From Other Fixed Asset Investments		5 713	6 670
Income Taxes Paid Refund Classified As Operating Activities	-81 541	-105 111	-2 652		4 585
Income Tax Expense Credit On Components Other Comprehensive Income	10 500
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	740 830	206 080	960 603	-179 670	-157 135
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	920 978	-1 132 017	-44 468	76 587	409 768
Increase From Depreciation Charge For Year Property Plant Equipment		44 130	6 794	19 895	22 436
Interest Expense On Bank Overdrafts	85 301	24 855	8 624	11 927	16 426
Interest Paid Classified As Operating Activities	-85 301	-24 855	-8 624	-11 927	-16 426
Interest Payable Similar Charges Finance Costs	85 301	24 855	8 624	11 927	16 426
Investments Fixed Assets	1 564	446 927	936	936	907
Investments In Group Undertakings	30	30	30	30	1
Net Cash Flows From Used In Financing Activities	180 000	117 500		-40 000	250 000
Net Cash Flows From Used In Investing Activities	1 763	403 709	-412 255	11 469	7 327
Net Cash Flows From Used In Operating Activities	-922 593	-727 289	-304 823	208 201	-100 192
Net Cash Generated From Operations	-1 089 435	-857 255	-559 624	196 274	-112 033
Net Current Assets Liabilities	5 334 876	4 936 758	5 082 077	5 261 090	5 781 104
Net Interest Received Paid Classified As Investing Activities	-379	-1 154	-205	-2	-952
Number Shares Issued Fully Paid		1 000 000	1 000 000	1 000 000	1 000 000
Operating Profit Loss	605 301	-11 445	-319 544	298 918	953 214
Other Comprehensive Income Expense Net Tax	91 944		-68 660		63 825
Other Creditors	42 530	30	243 555	498 854
Other Deferred Tax Expense Credit		8 754	-30 830	1 343	49 551
Other Interest Receivable Similar Income Finance Income	379	1 154	205	2	952
Other Investments Other Than Loans	1 534	43 440	-476 998	906	906
Other Operating Income Format1			5 282		2 520
Other Taxation Social Security Payable	22 068	21 560	15 638	15 408	58 779
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	56 884	47 193	46 354	40 347	45 087
Prepayments Accrued Income	85 899	116 735	79 940	73 362	89 262
Profit Loss	415 310	2 595	-272 950	229 246	706 307
Profit Loss On Ordinary Activities Before Tax	520 379	14 007	-364 733	286 993	937 740
Property Plant Equipment Gross Cost	1 760 137	1 767 190	1 650 877	1 662 348	1 705 657
Provisions	151 300	160 054	129 224	130 567	180 118
Provisions For Liabilities Balance Sheet Subtotal	151 300	160 054	129 224	130 567	180 118
Purchase Property Plant Equipment	-2 165	-8 234	-3 687	-11 471	-8 309
Recoverable Value-added Tax	118 490	45 663	45 154	13 635	162 900
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment			-51 339		-28 825
Social Security Costs	91 340	71 725	57 213	58 759	78 952
Staff Costs Employee Benefits Expense	957 035	803 154	656 427	725 583	947 647
Tax Decrease Increase From Effect Revenue Exempt From Taxation		9 339	5 617
Tax Expense Credit Applicable Tax Rate	98 872	2 661	-69 299	54 529	178 171
Tax Increase Decrease From Effect Capital Allowances Depreciation	2 342	6 557	-916	-2 689	-2 198
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 855	2 779	10 567	4 564	5 909
Tax Tax Credit On Profit Or Loss On Ordinary Activities	105 069	11 412	-91 783	57 747	231 433
Total Additions Including From Business Combinations Property Plant Equipment		8 234	3 687	11 471	8 309
Total Assets Less Current Liabilities	7 054 741	7 066 090	6 693 650	6 864 239	7 433 922
Total Increase Decrease From Revaluations Property Plant Equipment			-120 000		35 000
Trade Creditors Trade Payables	1 638 812	190 579	294 840	193 823	456 764
Trade Debtors Trade Receivables	3 821 760	2 688 570	2 518 640	3 401 591	3 334 689
Turnover Revenue	21 762 149	14 974 792	12 891 567	18 257 886	23 886 063
Wages Salaries	808 811	684 236	552 860	626 477	823 608