SCRAP IT IN LTD

Company number 12983836 · Active

SCRAP IT IN LTD is a private limited company registered in WALSALL, United Kingdom, incorporated on 29 Oct 2020. Its registered activity is wholesale of waste and scrap. Its latest published accounts for the period ending 31 Oct 2025 show equity of −£1,156, total assets of £1,942. It has filed 5 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent
Region2.2×WS · 0.26 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
12983836 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
29 Oct 2020 (6 years)
Registered address
WS8 6JT WALSALL
Postcode area
Walsall
Activity
46770 Wholesale of waste and scrap
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 May 2026– –−£1,156£1,942 £3,098£7551
31 Oct 202415 Jun 2025– –£1,958£3,872 £864–1
31 Oct 202315 Feb 2024– –£3,456£4,460 £603£2,3511
31 Oct 202215 Nov 2022– –£2,691£12k £283£9,1741
31 Oct 202115 Jan 2022– –£3,556£13k £9,921£10k0

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about SCRAP IT IN LTD

What is the company number of SCRAP IT IN LTD?

SCRAP IT IN LTD is registered under company number 12983836 in the official register of United Kingdom. View it at the official register.

Is SCRAP IT IN LTD still active?

Yes. SCRAP IT IN LTD is registered as active (status: Active).

Has SCRAP IT IN LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SCRAP IT IN LTD in the official data.

How likely is SCRAP IT IN LTD to become insolvent?

Our model estimates a 0.00 % probability that SCRAP IT IN LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was SCRAP IT IN LTD founded?

SCRAP IT IN LTD was incorporated on 29 Oct 2020.

Where is SCRAP IT IN LTD registered?

SCRAP IT IN LTD's registered address is in WS8 6JT WALSALL (Walsall), United Kingdom.

What do the latest accounts of SCRAP IT IN LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of −£1,156, total assets of £1,942, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.