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Ron Smith (Recycling) Limited

04213892

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 LAKE END COURT, MAIDENHEAD, SL6 0JQ
Incorporated 10/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38210
Treatment and disposal of non-hazardous waste
39000
Remediation activities and other waste management services

Officers

Mr Harry Hutchins

director · Since 06/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 2 other boards

Mr Jack Marcus Hutchins

director · Since 06/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 4 other boards

Persons with Significant Control

Mr Ian Hutchins

75–100% shares

British · England · Age 77

2 Lake End Court, Maidenhead, SL6 0JQ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/07/2022Registered 25/07/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/05/2022Registered 31/05/2022
Charge
satisfied

AIB GROUP (UK) P.L.C

Created 28/04/2017Registered 04/05/2017Satisfied 10/08/2022
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 04/03/2003Registered 08/03/2003Satisfied 10/08/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/10/2001Registered 03/11/2001Satisfied 16/07/2018

CompanyRankvs 291+ SIC 38210 peers
51

Financial strength97th percentile among SIC peers · 24/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/05/2025

Net Worth

£9.0M

Balance sheet strength

Cash

£806k

Cash in the bank

Net Current Assets

£707k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.0M

Fixed Assets

£8.9M

Debtors

£2.3M

Cost of Sales

£9.0M

Admin Expenses

£2.2M

Profit After Tax

£564k

1avg. employees

Tax at Year End

Dividends paid-£298k

People Costs

Wages & salaries£3.4M

Balance Sheet

Intangible assets£298k
Bank loans & overdrafts£874k
Assets less current liabilities£9.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35+£0
20251.35+£310k
20241.66+£2.0M
20232.09+£425k
20221.08

Derived from filed accounts. Not audited figures.