GLOBAL ARDOUR RECYCLING LIMITED
Operating the Scrap Car Network brand, the company is a subsidiary of Kyvsai Limited that processes and exports ferrous and non-ferrous scrap metal and recycles end-of-life vehicles.
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Cash
£1.8M
Latest balance sheet
Net assets
-£2M
Equity attributable
Employees
333
Average over period
Profit before tax
-£2.9M
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
1-year trend · vs Industrials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2025-03-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £159,385,889 | — | |
| Operating profit | -£2,902,376 | — | |
| Profit before tax | -£2,892,003 | — | |
| Net profit | -£1,960,072 | — | |
| Cash | £1,777,072 | — | |
| Total assets less current liabilities | -£1,959,972 | — | |
| Net assets | -£1,959,972 | — | |
| Equity | -£1,959,972 | — | |
| Average employees | 333 | — | |
| Wages | £12,754,693 | — | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — 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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2025-03-31 |
|---|---|---|
| Operating margin | -1.8% | |
| Net margin | -1.2% | |
| Gearing (liabilities / total assets) | 110.0% | |
| Current ratio | 0.51x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered profitability and cashflows at various scenarios of operating levels and are satisfied that the Company has adequate resources to continue to operate in the foreseeable future. The Company's and Group's trade facilities with HSBC Bank Plc has been renewed in April 2025. The Company has intercompany amounts due to the immediate parent company. The parent of the Group has issued a letter of support for a period of at least twelve months from the date of approval of these financial statements to the Company which includes confirmation that it will not seek repayment of intercompany amounts due at the balance sheet date. Moreover, the directors having considered the results of scenario performed and are confident that the Group will have sufficient internal resources available to enable the Company to continue as a going concern and meet all liabilities as they fall due for payment. Hence the directors continue to prepare the accounts on a going concern basis.”
Group structure
- GLOBAL ARDOUR RECYCLING LIMITED · parent
- Raw2K Limited 100%
Significant events
- “On 18 January 2024, the Company acquired the trade and assets of two UK recycling businesses from their administrators, including 100% of the share capital of Raw2k Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAUDHARY, Gaurav | Secretary | 2024-02-05 | — | — |
| CHAUDHARI, Ashish | Director | 2024-01-02 | Jan 1979 | Indian |
| CHAUDHARY, Gaurav | Director | 2024-01-02 | Sep 1984 | Indian |
| GOYAL, Sundip | Director | 2024-01-02 | Oct 1971 | Indian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHAH, Nimesh | Secretary | 2024-01-02 | 2024-02-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kyvsai Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-01-02 | Active |
Filing timeline
Last 10 of 10 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-22 | AA | accounts | Accounts with accounts type full | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-24 | AA01 | accounts | Change account reference date company current extended | |
| 2025-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-02 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.