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Recycle Direct Limited

03701718

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

CMB PARTNERS UK LTD, LONDON, EC2A 4AA
Incorporated 26/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33120
Repair of machinery
33200
Installation of industrial machinery and equipment

Officers

Mr David Giles Morgan

director · Since 30/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Persons with Significant Control

Townsville Management Limited

75–100% shares
75–100% votes

Henstaff Court, Llantrisant Road, Cardiff, CF72 8NG

Reg: 09585465 · England And Wales · Limited Company

Notified 30/10/2024

Former PSCs

Mrs Janet Patricia Davies

Ceased 30/10/2024

Mr Kevin Nigel Davies

Ceased 30/10/2024

Charges2 outstanding

Charge
outstanding

KEVIN NIGEL DAVIES AND JANET PATRICIA DAVIES

Created 30/10/2024Registered 07/11/2024
charge
outstanding

BARCLAYS BANK PLC

Created 30/05/2000Registered 08/06/2000

CompanyRankvs 15+ SIC 33120 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.76× · 16/20
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.

Liquidity16/20 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 31/12/2023

Net Worth

£129k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£215k

Working capital

Current Assets

£500k

Current Liabilities

£285k

Fixed Assets

£24k

Debtors

£376k

17avg. employees-1

Balance Sheet

Assets less current liabilities£239k
Signed by Mr K N Davies 30/10/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.76-£9k
20223.00-£34k
20213.07-£118k
20203.13-£19k
20192.62+£1k
20182.29

Derived from filed accounts. Not audited figures.