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Ds Smith Recycling Uk Limited

00214967

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

LEVEL 3, LONDON, W2 1DL
Incorporated 10/07/1926

Compliance

Last accounts

30/04/2025

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Lucy Hart

director · Since 11/02/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Daniel James Prosser

director · Since 13/02/2026

BRITISH · UNITED KINGDOM · Age 38

Erich Simpkins

director · Since 13/02/2026

AMERICAN · UNITED KINGDOM · Age 51

Also on 19 other boards

Persons with Significant Control

Ds Smith International Limited

75–100% shares
75–100% votes
Appoint directors

Level 3, 1 Paddington Square, London, W2 1DL

Reg: 2636539 · Companies House · Limited By Shares

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BNP PARIBAS FACTOR

Created 08/12/2015Registered 11/12/2015Satisfied 06/08/2018
charge
satisfied

SCOTTISH WIDOWS BANK PLC

Created 18/03/1969Registered 14/02/1996Satisfied 01/11/2000
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/1977Registered 19/12/1977Satisfied 01/11/2000

CompanyRankvs 350+ SIC 38320 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that may cast significant doubt upon the continuing use of the going concern basis of accounting in future periods. The Directors have considered a period of at least 12 months from the date the financial statements are expected to be authorised for issue. The Company's busin

Key FinancialsYear ending 30/04/2022

Turnover

£265.9M

Annual revenue

Net Worth

£21.6M

Balance sheet strength

Cash

£366k

Cash in the bank

Profit Before Tax

£12.9M

Bottom line earnings

Net Current Assets

-£78.2M

Working capital

Current Assets

£29.1M

Current Liabilities

£103.7M

Fixed Assets

£174.0M

Debtors

£27.4M

Cost of Sales

£216.1M

Gross Profit

£49.8M

Admin Expenses

£10.4M

Operating Profit

£12.3M

Profit After Tax

£12.7M

307avg. employees

Tax at Year End

Corp tax£403k
Dividends paid£65.0M

People Costs

Wages & salaries£11.3M
NI contributions£982k

Balance Sheet

Assets less current liabilities£95.8M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20220.28

Derived from filed accounts. Not audited figures.