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Circle Plastics Limited

01031458

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

19 LIMES AVENUE, LONDON, N12 8QN
Incorporated 17/11/1971

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Michael Raymond Hannaker

director · Since 31/05/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 81

Also on 8 other boards

Daphne Mary Hannaker

secretary · Since 22/04/1998

SECRETARY

BRITISH · Age 70

Also on 1 other board

Persons with Significant Control

Mrs Daphne Mary Hannaker

25–50% shares

British · England · Age 70

19, Limes Avenue, London, N12 0QN

Notified 01/07/2016

Mr Michael Raymond Hannaker

25–50% shares

British · England · Age 81

19, Limes Avenue, London, N12 0QN

Notified 01/07/2016

Charges3 outstanding

charge
outstanding

HSBC BANK PLC

Created 26/09/2003Registered 27/09/2003
charge
outstanding

HSBC BANK PLC

Created 10/09/2003Registered 11/09/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2001Registered 08/12/2001

CompanyRankvs 1787+ SIC 22290 peers
44

Financial strength64th percentile among SIC peers · 16/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£137k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£54k

Current Liabilities

£57k

Fixed Assets

£171k

0avg. employees-2

Balance Sheet

Assets less current liabilities£168k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.95-£7k
20221.16-£5k
20210.93+£21k
20200.93-£4k
20190.53+£2k
20180.57

Derived from filed accounts. Not audited figures.