Mastermelt Limited
- Active
- Large
- Holding
- 40 years
- 0 employees
- £40,907,775 (cur assets)
- 54m+
- Regular importer
- Regular exporter
- Virtual address
- 4 directors
- 1 owner
- London
- Rating 5.0 (13)
Company status
Company size
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Controlled by corporate entities
Company incorporated on May 22, 1985
Average employees reported at August 29, 2025
Current assets reported at August 29, 2025
Estimated revenue range
Top import category is Various precious metal scrap and waste, Gold scrap and waste, Raw platinum or platinum powder, Platinum scrap and waste, Various artificial body parts, 385.0 months imported, the last import operation was made on January 01, 2026
Top export category is Various precious metal scrap and waste, Gold scrap and waste, Ash with precious metals, Waste and scrap of refined copper, Platinum scrap and waste, 114.0 months exported, the last export operation was made on January 01, 2026
1518 companies registered at the address, more than 9
4 directors
1 owner. It is not exhaustive, as only owners with more than twenty five percent of shares are published.
Company is located in London
Rating 5.0, 13 reviews on Google
Field of Operation
Precious metals production
24410
342 companies
SIC CODE 24410. Standard Industrial Classification (SIC) codes are used to classify the business activities of companies.
Website
Social media
Summary
Mastermelt Ltd, based in London, UK, is a sizable holding company with an active status, having operated for 39 years. Employing 46 people and boasting assets of £34,351,602, the company functions from a virtual address, managed by three directors and one owner. It holds a stellar 5.0 Google rating based on 13 reviews. The company regularly imports and exports jewelry, precious stones, and metals, with a substantial 397 months of import activity and 89 months of export activity recorded.
Mastermelt’s core business revolves around precious metal reclamation and recycling, as evidenced by its website. It serves a diverse range of industries, including pharmaceutical, chemical, green energy, jewelry, electroplating, and advanced manufacturing. The company offers services like pharmaceutical waste recovery, precious metal refining, and metal lease rates. It even has a division dedicated to high-end piano restoration, operating from Cambridge and showcasing its work in Harrods. The website proudly celebrates 40 years of excellence in the precious metal recycling industry.
Financially, Mastermelt’s report reveals a mixed bag. While cash reserves increased by a healthy 72% to £10 million, current assets decreased by 11% to £34 million. Bank borrowings have dramatically reduced by 100%, eliminating all outstanding debt, which is a positive sign. However, administrative expenses have surged by 75%, reaching £11 million, and net losses deepened from £3.2 million to £4.3 million. Trade debtors have increased significantly by 150%, suggesting potential challenges in collecting payments. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt) means the figures are unaudited.
Despite the losses, Mastermelt’s focus on sustainability and technological advancement, combined with its diverse client base, suggests a resilient business model. The sharp increase in administrative expenses warrants further investigation, but the company’s long history and strong industry reputation position it for continued success.
Registered in England/Wales under the registration number 01915713, with a registered address at E1W 9US, United Kingdom, London, 2 Leman Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 3 years
- 2
- 75%+
-
Resident of United Kingdom
Started on 2022-05-13
Also participates in 2 other companies.
Right to appoint or remove directors, Ownership of voting rights - 75% or more, Ownership of shares – 75% or more
Managers
-
Individual
- 8 months
- 4
-
Resident of Singapore
Started on 2025-08-01
Also participates in 4 other companies.
Company director
Company director
-
Individual
- 8 months
- 5
-
Resident of United Kingdom
Started on 2025-08-01
Also participates in 5 other companies.
Company director
Company director
-
Individual
- 27 years
- 5
-
Resident of United Kingdom
Started on 1998-05-29
Also participates in 5 other companies.
Accountant
Accountant
-
Individual
- 27 years
- 3
-
Resident of United Kingdom
Started on 1998-05-29
Also participates in 3 other companies.
Accountant
Accountant
Last reports
Download the last financial report
The latest financial report submitted one month ago.
Download the last confirmation report
May contain a full shareholders list.
The latest confirmation statement submitted two months ago.
The latest confirmation statement submitted two months ago.
* may contain a full shareholder list
Last news
-
Full accounts made up to 2025-08-29Download 34 pages pdf report
-
Director's details changed for Mr Richard Cleon Reidinger on 2026-02-19Download 2 pages pdf report
-
Confirmation statement made on 2026-01-11 with no updatesDownload 3 pages pdf report
Mastermelt Limited controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Started on 2024-01-22
Right to appoint or remove directors, Ownership of voting rights - 75% or more, Ownership of shares – 75% or more
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Import HS codes in detail
3815
3815-Chemical starters and accelerators
Chemical products used to start or speed up chemical reactions, including catalysts, not specified elsewhere
1 months, last: 2025-01-01
6903
6903-Various refractory ceramic goods
Heat-resistant ceramic items like crucibles, tubes, and nozzles, not made from siliceous earths
1 months, last: 2023-07-01
7106
7106-Silver products, raw or partially processed
Includes raw silver, semi-finished silver items, and silver powder. Also includes silver coated with gold or platinum
1 months, last: 2023-12-01
7108
7108-Gold in raw or semi-finished forms
Includes gold in powder, unwrought, or semi-manufactured forms, even if coated with platinum
27 months, last: 2026-01-01
7110
7110-Platinum in raw or semi-finished forms
Platinum in its natural state, semi-processed, or as powder, used in jewelry and industrial applications
43 months, last: 2026-01-01
7112
7112-Scrap and waste of precious metals
Includes waste and scrap containing gold, silver, platinum, or other precious metals, used mainly for recovering valuable metals
117 months, last: 2026-01-01
7113
7113-Jewellery and parts made of precious metals
Includes rings, necklaces, bracelets, and other jewellery or parts made of gold, silver, platinum, or other precious metals
1 months, last: 2018-08-01
7114
7114-Jewelry and parts made of precious metals or coated with precious metals
Includes items like rings, necklaces, and bracelets made of gold, silver, or other precious metals, or coated with them
1 months, last: 2016-07-01
7204
7204-Iron and steel waste and scrap
All types of waste and scrap from iron or steel, including remelted scrap ingots
2 months, last: 2018-07-01
7218
7218-Stainless steel in primary forms
Stainless steel in basic shapes like ingots, blocks, or semi-finished products
1 months, last: 2017-08-01
7302
7302-Railway track materials made of iron or steel
Includes rails, sleepers, fish-plates, and other parts used to build or fix railway tracks
1 months, last: 2019-04-01
7308
7308-Iron or steel structures and parts
Includes bridges, towers, doors, windows, and other structural parts made of iron or steel
1 months, last: 2025-11-01
7326
7326-Various iron or steel products
Includes a wide range of iron or steel items, such as tools, hardware, or industrial components
6 months, last: 2025-06-01
7404
7404-Copper waste and scrap
Used or leftover copper materials, such as wires, pipes, and other copper items, ready for recycling
7 months, last: 2025-11-01
7413
7413-Copper wires and cables
Wires, cables, and braided bands made of copper, not covered with insulation. Used in electrical and industrial applications
1 months, last: 2022-06-01
8102
8102-Molybdenum and products made from it
Includes all forms of molybdenum, like powders, bars, rods, and even waste or scrap materials
1 months, last: 2023-02-01
8108
8108-Titanium and products made from it
Includes all types of titanium items, such as raw titanium, powders, and scrap materials
2 months, last: 2023-02-01
8205
8205-General hand tools and equipment
Includes tools like hammers, screwdrivers, blowlamps, and vices, as well as portable forges and grinding wheels
1 months, last: 2020-11-01
8302
8302-Metal fittings for furniture, doors, and more
Includes hinges, castors, and other metal parts for furniture, doors, vehicles, and buildings. Also covers hat racks, brackets, and automatic door closers
1 months, last: 2016-09-01
8411
8411-Turbojets, turboprops, and gas turbines
Engines used in aircraft and power generation, including turbojets, turboprops, and other gas turbines
2 months, last: 2025-07-01
8419
8419-Machinery for heating, cooling, or treating materials
Machines used in labs or factories to heat, cool, or process materials, like drying, sterilizing, or distilling. Excludes household appliances
1 months, last: 2020-11-01
8421
8421-Centrifuges and filtering machines
Machines that spin to separate liquids or gases, or clean them by filtering. Includes dryers and purifiers
1 months, last: 2016-03-01
8462
8462-Metalworking machine tools
Machines used for shaping metal, including forging, bending, folding, and cutting. Includes presses and other tools for metal forming
1 months, last: 2017-07-01
8474
8474-Machines for processing minerals and similar materials
Machines used to sort, crush, mix, or shape minerals, ores, and similar materials
2 months, last: 2023-01-01
8479
8479-Machines with specific functions
Machines and mechanical devices designed for unique tasks not covered elsewhere
4 months, last: 2024-06-01
8504
8504-Electrical transformers and converters
Devices like transformers, rectifiers, and inductors used to change electrical voltage or current
1 months, last: 2023-11-01
8514
8514-Industrial electric furnaces and ovens
Electric furnaces and ovens used in factories or labs for heating materials, including those using induction or dielectric methods
3 months, last: 2026-01-01
8516
8516-Electric water heaters, space heaters, hairdryers, and other home appliances
Includes electric water heaters, space heaters, hairdryers, hand dryers, and other heating devices for home use. Also covers electric smoothing irons and heating resistors
2 months, last: 2017-09-01
8537
8537-Electric control panels and distribution boards
Electric control panels and distribution boards with two or more devices for controlling or distributing electricity. These may include instruments or devices from Chapter 90 and numerical control systems, but not switching devices from heading 8517
1 months, last: 2016-11-01
8541
8541-Semiconductor devices
Includes diodes, transistors, and other semiconductor-based devices like light-emitting diodes (LEDs), photovoltaic cells, and mounted piezo-electric crystals
1 months, last: 2016-08-01
8542
8542-Electronic integrated circuits
Microchips and circuits used in electronic devices
1 months, last: 2026-01-01
8543
8543-Electrical machines with special functions
Machines and devices that perform specific electrical tasks, not covered elsewhere
1 months, last: 2025-08-01
9001
9001-Optical fibers, lenses, and related items
Covers optical fibers, cables, polarizing sheets, lenses (including contact lenses), prisms, mirrors, and other unmounted optical elements
1 months, last: 2024-01-01
9010
9010-Photo lab equipment and screens
Tools and machines used in photo labs, like negatoscopes and projection screens, not listed elsewhere
1 months, last: 2025-03-01
9021
9021-Medical devices for bones and body support
Includes crutches, surgical belts, artificial body parts, hearing aids, and devices to help with disabilities
64 months, last: 2021-09-01
9403
9403-Various furniture and parts
General furniture and parts not covered under specific categories, such as office or household furniture
1 months, last: 2022-10-01
9603
9603-Brooms, brushes, and cleaning tools
Covers all types of brooms, brushes (including those for machines), mops, feather dusters, and paint rollers. Also includes parts like knots and tufts for making brooms or brushes
1 months, last: 2016-11-01
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Country: United States
Transport: Air transport
Price: £474.24 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Country: Ireland
Transport: Air transport
Price: £11872.8 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: Dover
Country: Germany
Transport: Roll on Roll off (RORO)
Price: £114.27 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: Southampton
Country: United States
Transport: Sea transport (not vehicle on ferry)
Price: £513.43 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: Manchester Airport
Country: Japan
Transport: Air transport
Price: £45757.65 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Country: Switzerland
Transport: Air transport
Price: £49969.58 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Country: South Africa
Transport: Air transport
Price: £219291.68 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Country: Switzerland
Transport: Air transport
Price: £36709.37 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Transport: Air transport
Price: £40852.39 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last purchased: 2026-01-01
Port: London Heathrow Airport
Country: United States
Transport: Air transport
Price: £10570.52 per kg
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Export HS codes in detail
7106
7106-Silver products, raw or partially processed
Includes raw silver, semi-finished silver items, and silver powder. Also includes silver coated with gold or platinum
3 months, last: 2025-03-01
7108
7108-Gold in raw or semi-finished forms
Includes gold in powder, unwrought, or semi-manufactured forms, even if coated with platinum
5 months, last: 2026-01-01
7110
7110-Platinum in raw or semi-finished forms
Platinum in its natural state, semi-processed, or as powder, used in jewelry and industrial applications
7 months, last: 2026-01-01
7112
7112-Scrap and waste of precious metals
Includes waste and scrap containing gold, silver, platinum, or other precious metals, used mainly for recovering valuable metals
52 months, last: 2026-01-01
7113
7113-Jewellery and parts made of precious metals
Includes rings, necklaces, bracelets, and other jewellery or parts made of gold, silver, platinum, or other precious metals
1 months, last: 2023-04-01
7404
7404-Copper waste and scrap
Used or leftover copper materials, such as wires, pipes, and other copper items, ready for recycling
16 months, last: 2026-01-01
7503
7503-Nickel waste and scrap
Leftover or discarded nickel materials, often recycled for reuse in production
1 months, last: 2019-01-01
8108
8108-Titanium and products made from it
Includes all types of titanium items, such as raw titanium, powders, and scrap materials
5 months, last: 2024-03-01
8307
8307-Flexible metal tubing made of base metal, with or without fittings
Includes all flexible tubing made of base metals like iron, steel, or aluminum, which may or may not have fittings attached
5 months, last: 2025-01-01
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2026-01-01
Port: Dover / Eurotunnel
Country: Germany
Transport: Roll on Roll off (RORO)
Price: £81.6 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2026-01-01
Port: Hull
Country: Germany
Transport: Roll on Roll off (RORO)
Price: £215.8 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2026-01-01
Port: London Heathrow Airport
Country: China
Transport: Air transport
Price: £107064.23 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2026-01-01
Port: London Heathrow Airport
Country: United States
Transport: Air transport
Price: £78512.78 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2025-11-01
Port: Dover / Eurotunnel
Country: Sweden
Transport: Roll on Roll off (RORO)
Price: £100.35 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2025-08-01
Port: London Heathrow Airport
Country: United States
Transport: Air transport
Price: £32508.12 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2025-06-01
Port: London Heathrow Airport
Country: Spain
Transport: Air transport
Price: £3326.24 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2025-03-01
Port: London Heathrow Airport
Country: United States
Transport: Air transport
Price: £840.26 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2025-02-01
Port: London Heathrow Airport
Country: Switzerland
Transport: Air transport
Price: £25790.29 per kg
HS code used by customs authorities around the world to identify products for the application of duties and taxes.
Last exported: 2026-01-01
Port: London Gateway Port
Country: China
Transport: Sea transport (not vehicle on ferry)
Price: £6.91 per kg
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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