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Reform Polythene Limited

03044343

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

STEWART HOUSE, STEVENAGE, SG1 3EE
Incorporated 10/04/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mrs Hilary Stewart

director · Since 29/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Persons with Significant Control

Genetics Gymnasium Ltd

75–100% shares
75–100% votes
Appoint directors

Stewart House, Primett Road, Stevenage, SG1 3EE

Notified 29/10/2024

Former PSCs

Mr David Eric Waller

Ceased 01/06/2021

World Packaging Limited

Ceased 29/10/2024

Charges1 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 14/08/2007Registered 04/09/2007
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/12/2004Registered 21/12/2004Satisfied 10/09/2013
charge
satisfied

LLOYDS BANK PLC

Created 10/05/1995Registered 12/05/1995Satisfied 10/11/2004

CompanyRankvs 15+ SIC 22290 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.27× · 20/20
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.

Employees0/15 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 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£287k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£3.6M

Current Liabilities

£1.6M

Fixed Assets

£387k

Debtors

£2.5M

48avg. employees+3

Tax at Year End(2021)

VAT£129k

Balance Sheet

Intangible assets£34k
Assets less current liabilities£2.4M
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.27+£15k
20231.73+£101k
20221.85+£151k
20211.73+£81k£2.6M
20201.44+£147k
20191.34+£90k
20171.24

Derived from filed accounts. Not audited figures.