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Waltet Recycling Limited

02276871

active
Private Limited Company
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)
  • 2 outstanding charges (-4)

Details

UNIT 4 ANDES ROAD, SOUTHAMPTON, SO16 0YZ
Incorporated 13/07/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38210
Treatment and disposal of non-hazardous waste

Officers

Mr Mark Richard Howard

director · Since 30/07/2004

CO DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Mr Mark James Middleton

secretary · Since 27/03/2018

Persons with Significant Control

Waltet Limited

75–100% shares
75–100% votes

Unit 4, Andes Road, Southampton, SO16 0YZ

Reg: 06550655 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Created 18/03/2022Registered 21/03/2022
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 06/04/2018Registered 17/04/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2015Registered 06/02/2015Satisfied 10/05/2018
charge
satisfied

HSBC BANK PLC

Created 13/11/2006Registered 14/11/2006Satisfied 06/02/2015
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/2001Registered 21/02/2001Satisfied 27/01/2011

CompanyRankvs 1037+ SIC 38210 peers
31

Financial strength30th percentile among SIC peers · 8/25
Employees17th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
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 strength8/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£399

Cash in the bank

Net Current Assets

£59

Working capital

Current Assets

Current Liabilities

£340

0avg. employees

Balance Sheet

Assets less current liabilities£59
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20201.01
20192.72-£137k
20181.35

Derived from filed accounts. Not audited figures.