London Mining Associates Limited

London Mining Associates Ltd, based in Larkfield, UK, is a sizable company with an active status, having operated for thirteen years. Employing twenty-two individuals and holding assets of £4,978,549, it functions as a holding company and boasts a respectable Google rating of 4.0 based on thirty-four reviews. The company’s registered address is real, with only two other companies registered at the same location. It’s managed by three directors and has one owner, though the list of owners was changed five years ago.

The company specializes in downstream processing of waste generated by various recyclers, particularly from car shredders and electronics processors. It also runs a general scrap metal recycling facility and innovative initiatives like recycling electric motors and PV solar panels. Its website highlights a premium recycling experience, emphasizing services like electronics recycling, persistent organic pollutants (POPs) destruction, and scrap metal processing. It’s led by Director Mark Harvey, with a skilled team including Operations Manager Shaun McDonald and Commercials Lawrence Gruijters.

London Mining Associates Ltd imports various base metals and cermets irregularly, with the last import operation occurring in December 2023. Conversely, it regularly exports jewelry, precious stones, and metals, with the last export operation taking place in January 2025. The company operates in the treatment and disposal of hazardous waste, the recovery of sorted materials, and the treatment and disposal of non-hazardous waste industries.

Financially, London Mining Associates Ltd shows some concerning trends. While cash reserves increased by 9.9% to £1.3 million, net assets actually decreased by 50% to £720,000. Bank borrowings decreased significantly by 44%, reaching £190,000, and net losses deepened by 34%. Creditors decreased by 6.8%, which could indicate better debt management. The company's employee numbers increased by 36% to thirty, suggesting growth, but the significant drop in equity raises questions. The company was audited by TC Group, and the accounts are unaudited.

The company’s focus on specialized recycling services, particularly in the downstream processing of waste, positions it within a growing market. However, the financial results suggest that it’s facing challenges in converting its operations into consistent profitability, and it's important to keep an eye on the company’s financial health going forward.

Registered in England/Wales under the registration number 07960455, with a registered address at ME20 7FG, England, Larkfield, Aylesford, Unit 4 Invicta Park, New Hythe Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.