Craddock Metal Recycling Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05993806

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		30,950		61,900
Tangible Assets	5		151,838		147,265

			182,788		209,165
CURRENT ASSETS
Stocks	6	54,972		98,783
Debtors	7	129,881		151,470
Cash at bank and in hand		326,079		221,997

		510,932		472,250
Creditors: Amounts Falling Due Within One Year	8	(214,422 )		(244,569 )

NET CURRENT ASSETS (LIABILITIES)			296,510		227,681

TOTAL ASSETS LESS CURRENT LIABILITIES			479,298		436,846

Creditors: Amounts Falling Due After More Than One Year	9		(45,832 )		(18,342 )

NET ASSETS			433,466		418,504

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			432,466		417,504

SHAREHOLDERS' FUNDS			433,466		418,504

Page 1

Page 2

Craddock Metal Recycling Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Lisa Naylor

Director

31/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Craddock Metal Recycling Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05993806 . The registered office is 1 BELTON CLOSE, HOCKLEY HEATH, SOLIHULL, WEST MIDS, B94 6QU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10%
Motor Vehicles	20%
Fixtures & Fittings	10%
Computer Equipment	20%

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2025: 8)

Page 3

Page 4

Craddock Metal Recycling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	619,000

As at 31 January 2026	619,000

Amortisation
As at 1 February 2025	557,100
Provided during the period	30,950

As at 31 January 2026	588,050

Net Book Value
As at 31 January 2026	30,950

As at 1 February 2025	61,900

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 February 2025	490,497	34,541	525,038
Additions	48,499	-	48,499
Disposals	(10,400 )	-	(10,400 )

As at 31 January 2026	528,596	34,541	563,137

Depreciation
As at 1 February 2025	343,232	34,541	377,773
Provided during the period	36,026	-	36,026
Disposals	(2,500 )	-	(2,500 )

As at 31 January 2026	376,758	34,541	411,299

Net Book Value
As at 31 January 2026	151,838	-	151,838

As at 1 February 2025	147,265	-	147,265

6. Stocks

	2026	2025
	£	£
Materials	54,972	98,783

Page 4

Page 5

Craddock Metal Recycling Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	110,722	102,147
Prepayments and accrued income	19,159	49,323

	129,881	151,470

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	59,112	85,723
Corporation tax	16,671	5,705
Other taxes and social security	7,553	6,513
VAT	100,618	104,507
Loans repayable within one year	18,603	29,400
Accruals and deferred income	11,865	12,721

	214,422	244,569

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	6,200
Loans	34,198	4,000
Directors' loan account	11,634	8,142

	45,832	18,342

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

11. Dividends

	2026	2025
	£	£
On equity shares:
Interim dividend paid	40,000	100,000
Final dividend paid	10,000	40,000

	50,000	140,000

Page 5