AMALGAMET LIMITED
Operating as the physical non-ferrous metals trading arm of Amalgamated Metal Corporation PLC, the company sources and delivers metals from producers to end users alongside providing logistics, hedging, and financing services.
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Cash
£27k
USD 36,000
-88.4% vs 2024
Net assets
£24m
USD 32,022,000
-8% lowest in 3 filed years
Employees
9
-18.2% lowest in 3 filed years
Profit before tax
£3.3m
USD 4,489,000
-16.2% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £304,473,395 | £221,595,829 | £173,033,766 | -21.9% | |
| Operating profit | £6,805,054 | £4,522,445 | £3,933,210 | -13% | |
| Profit before tax | £5,568,200 | £3,975,645 | £3,331,354 | -16.2% | |
| Net profit | £4,219,903 | £3,001,433 | £2,476,438 | -17.5% | |
| Cash | £21,190 | £230,818 | £26,716 | -88.4% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £26,732,067 | £25,832,537 | £23,764,007 | -8% | |
| Equity | £26,732,067 | £25,832,537 | £23,764,007 | -8% | |
| Average employees | 11 | 11 | 9 | -18.2% | |
| Wages | £1,411,081 | £765,680 | £989,981 | +29.3% | |
| Directors' remuneration | £561,136 | £354,982 | £299,814 | -15.5% | |
| Highest paid director | £561,136 | £354,982 | £299,814 | -15.5% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.2% | 2.0% | 2.3% | |
| Net margin | 1.4% | 1.4% | 1.4% | |
| Current ratio | — | 1.63x | 1.82x | |
| Interest cover | 4.46x | 8.27x | 6.54x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- AMALGAMET LIMITED 2000-08-22 → present
- ALPHADRAW LIMITED 2000-06-01 → 2000-08-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe they are well placed to manage business risk successfully and, having made enquiries of Amalgamated Metal Corporation PLC, have a reasonable expectation that the Company will be able to continue in operational existence for more than twelve months following the date of signing the financial statements. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MICHIE, Hamish, Mr | Director | 2015-07-30 | Jul 1967 | British |
| SHER, David Stephen | Director | 2017-11-14 | Jul 1983 | British |
| SUSSMES, Adam Ian | Director | 2013-10-18 | Jun 1963 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FARMER, Derek John | Secretary | 2002-02-11 | 2006-05-15 |
| HEYWOOD, Adrian Henry | Secretary | 2006-03-06 | 2015-07-17 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2000-06-01 | 2000-06-13 |
| TG REGISTRARS LIMITED | Corporate Secretary | 2000-06-13 | 2002-02-11 |
| FARMER, Derek John | Director | 2002-02-11 | 2006-05-15 |
| JACKSON, Leslie Irwin | Director | 2000-06-13 | 2002-02-11 |
| ROSEN, Neil David | Director | 2006-03-06 | 2013-10-18 |
| ROWAN, Geoffrey Charles Leacroft | Director | 2013-10-18 | 2015-07-30 |
| SEIBEL, Robert Rudolf | Director | 2013-10-18 | 2015-04-30 |
| SHER, Victor Herman | Director | 2002-02-11 | 2013-10-18 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2000-06-01 | 2000-06-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amalgamated Metal Investment Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 109 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | AA | accounts | Accounts with accounts type full | |
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-24 | AA | accounts | Accounts with accounts type full | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-26 | AA | accounts | Accounts with accounts type full | |
| 2022-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-04-22 | CH01 | officers | Change person director company with change date | |
| 2022-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-06-21 | AA | accounts | Accounts with accounts type full | |
| 2021-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-02-01 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.