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Chase Plastics Limited

01593735

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

MILE END WORKS, BRANDON, IP27 0NE
Incorporated 27/10/1981

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/09/2025

Due 24/09/2026

On track

Industry

22290
Manufacture of other plastic products

Officers

Ashley Harris

secretary · Since 28/09/2018

Mr David William Harris

director · Since 28/09/2018

DIRECTOR

BRITISH · SCOTLAND · Age 54

Also on 22 other boards

Persons with Significant Control

Chase Plastics And Recycling Limited

75–100% shares
75–100% votes

The Red House, Hythe Road, Thetford, IP26 4PP

Reg: 08370548 · England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 03/03/2021Registered 08/03/2021
charge
satisfied

CULFORD MILLING LIMITED, RUPERT DAVID NICHOLAS MCCALLUM AND GARY NOEL WOODHOUSE

Created 31/10/2011Registered 12/11/2011
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 10/11/2009Registered 14/11/2009

CompanyRankvs 1945+ SIC 22290 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.46× · 2/20
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 strength0/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£462k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

-£934k

Working capital

Current Assets

£792k

Current Liabilities

£1.7M

Fixed Assets

£2.0M

Debtors

£625k

21avg. employees-3

Balance Sheet

Intangible assets£16k
Bank loans & overdrafts£400k
Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.46-£326k
20230.71

Derived from filed accounts. Not audited figures.