METALS DIRECT LIMITED Financials
- Company number
- 06976666CopyCopy
- Registered office
- Anchors Rest 21 21 Kennedy Avenue, Gorleston, Great Yarmouth, Norfolk NR31 6TB
- Incorporated
- 30/07/2009
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
32.22%vs 20232023: £91.77K
Total Assets
21.06%vs 20232023: £472.69K
Cash in Bank
416.67%vs 20232023: £18.00
Total Liabilities
20.21%vs 20232023: £358.65K
Employees
+1vs 20232023: 10
In 2024, METALS DIRECT LIMITED reported net assets of £121.33K. The same filing shows total assets of £572.22K, cash in bank of £93.00 and total liabilities of £431.13K. Reported headcount was 11 in 2024. Total Assets rose from £472.69K in 2023 to £572.22K in 2024 (21.06%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
32.22%from £91.77K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures METALS DIRECT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+145%vs 2022+56.5% a year compound (CAGR)
Cash in Bank
+481%vs 2022+141% a year compound (CAGR)
Total Assets
+11.4%vs 2022+5.6% a year compound (CAGR)
Total Liabilities
-2%vs 2022-1% a year compound (CAGR)
Employees
+22.2%vs 2022+2Biggest increase
Cash in Bank+481%
£16.00 in 2022 to £93.00 in 2024
Biggest decrease
Total Liabilities-2%
£439.75K in 2022 to £431.13K in 2024
METALS DIRECT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from METALS DIRECT LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 21.20%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 75.34%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.02%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.02%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for METALS DIRECT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 22.73K | 49.56K | 91.77K | 121.33K |
| Total Assets£ | 480.21K | 513.52K | 472.69K | 572.22K |
| Cash in Bank£ | 27.00 | 16.00 | 18.00 | 93.00 |
| Total Liabilities£ | 421.71K | 439.75K | 358.65K | 431.13K |
| Employees | 8 | 9 | 10 | 11 |
METALS DIRECT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for METALS DIRECT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
METALS DIRECT LIMITED reported net assets of £121.33K for 2024. That compares with £91.77K in 2023, a change of 32.22%.
METALS DIRECT LIMITED reported total assets of £572.22K for 2024. That compares with £472.69K in 2023, a change of 21.06%.
METALS DIRECT LIMITED reported cash in bank of £93.00 for 2024. That compares with £18.00 in 2023, a change of 416.67%.
METALS DIRECT LIMITED reported 11 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, METALS DIRECT LIMITED's net assets rose by 145%, cash in bank rose by 481%, total assets rose by 11.4% and total liabilities fell by 2%. Net assets compounded at 56.5% a year across the two years to 2024, from £49.56K to £121.33K. Reported headcount went from 9 in 2022 to 11 in 2024 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.