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Recotherm Limited

01916589

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT A, ASTWOOD BUSINESS PARK ASTWOOD LANE, REDDITCH, B96 6HH
Incorporated 24/05/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Martin Killen

director · Since 31/12/1990

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mrs Melanie Joyce Killen

director · Since 25/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr John Lawrence Harvey

director · Since 01/03/2023

OPERATIONS SALES DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Reco Group Holdings Limited

75–100% shares

Unit A, Astwood Business Park, Astwood Lane, Redditch, B96 6HH

Reg: 10840040 · Companies House England And Wales · Limited

Notified 04/10/2017

Former PSCs

Mr Robert William Griffiths

Ceased 04/10/2017

Mr Martin Killen

Ceased 04/10/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 19/01/2018Registered 19/01/2018

CompanyRankvs 633+ SIC 32990 peers
76

Financial strength87th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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633Recotherm Limited
86
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£724k

Balance sheet strength

Cash

£117k

Cash in the bank

Net Current Assets

£687k

Working capital

Current Assets

£1.3M

Current Liabilities

£585k

Fixed Assets

£146k

Debtors

£955k

17avg. employees+3

Balance Sheet

Assets less current liabilities£833k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.17+£73k
20232.67+£65k
20222.46-£64k
20213.29+£103k
20202.91-£78k
20192.92-£77k
20183.46—

Derived from filed accounts. Not audited figures.