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Docklands Waste Recycling Limited

02750176

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PURFLEET WORKS, GRAYS, RM20 3NL
Incorporated 24/09/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Paul Howard Thornton

director · Since 18/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 10 other boards

Persons with Significant Control

Mr Paul Howard Thornton

Significant control

British · England · Age 67

12 Barbers Road, London, E15 2PH

Notified 18/08/2021

Former PSCs

Mr Paul Howard Thornton

Ceased 07/01/2020

Miss Christine Honeyball

Ceased 18/08/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/12/2023Registered 04/12/2023
charge
satisfied

BARCLAYS BANK PLC

Created 06/03/2009Registered 19/03/2009Satisfied 19/01/2023

CompanyRankvs 74677+ SIC 96090 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.68× · 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 strength0/25 pts

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

Employees6/15 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 31/03/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£4.1M

Current Liabilities

£5.9M

Fixed Assets

£490k

Debtors

£4.1M

1avg. employees

People Costs(2018)

Wages & salaries£264k
NI contributions£29k

Balance Sheet

Assets less current liabilities-£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68-£77k
20240.68-£153k
20230.68-£233k
20220.62-£496k
20200.55-£181k
20190.66-£2.3M
20181.01

Derived from filed accounts. Not audited figures.