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Niramax Group Limited

04216946

liquidation
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

C/O FRP ADVISORY TRADING LIMITED, 1ST FLOOR, PRESTON FARM BUSINESS PARK, TS18 3TX
Incorporated 15/05/2001

Compliance

Last accounts

31/03/2022

full

Next accounts due

30/06/2024

Overdue

Confirmation statement

Last: 30/04/2024

Due 14/05/2025

Overdue

Industry

38210
Treatment and disposal of non-hazardous waste

Officers

Mr Nicholas Mark Elliott

director · Since 14/06/2019

MAINTENANCE MANAGER

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Mr Mark Edward Betts

director · Since 01/10/2019

FINANCE MANAGER

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Niramax Holdings Limited

75–100% shares

Site 6 - 8, Tofts Farm Industrial Estate West, Brenda Road, Hartlepool, TS25 2BQ

Notified 06/04/2016

Charges0 outstanding

A registered charge
fully satisfied

N&P Hartlepool Mrf LTD

The property known as land and buildings of the east side of thomlinson road, hartlepool and being all the land registered with title absolute under title number CE47994.

Created 19/06/2023Registered 06/07/2023Satisfied 16/05/2024
Mortgage
fully satisfied

Barclays Bank PLC

Daf CF75 FADCF75 NX62 exk XLRAD75PC0E952584, heil fel 21M2 body fitted with heil utl lift comb clamp 952584 n/a see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 12/10/2012Registered 16/10/2012Satisfied 29/06/2017
Mortgage
fully satisfied

Barclays Bank PLC

The goods being CM4R liberator s/n LBR4R11026, in-feed conveyor system s/n 74856-a and platform assembley - front s/n LIB2195 (for details of further goods charged please refer to form MG01) together with all accessories and component parts and all improvements and renewals thereof see image for full details.

All monies due or to become due from the company to the chargee

Created 06/02/2012Registered 18/02/2012Satisfied 29/06/2017
Legal charge
fully satisfied

Barclays Bank PLC

F/H bladon quarry landfill site lead road blaydon gateshead t/nos TY371436 TY371435 TY295602 (part) and TY371436 (part).

All monies due or to become due from the company to the chargee on any account whatsoever

Created 02/09/2011Registered 08/09/2011Satisfied 24/05/2017
Legal charge
fully satisfied

Barclays Bank PLC

F/H unit 2 monument park pattison industrial estate washington t/no TY490579.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 02/09/2011Registered 08/09/2011Satisfied 21/12/2017
Mortgage
fully satisfied

Barclays Bank PLC

The goods- macpresse baling equipment, s/no's: 372011/6, 372011/1, 372011/4. rotowrap 40 wrapping line, s/no A98/291031 see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 02/09/2011Registered 08/09/2011Satisfied 29/06/2017
Legal charge
fully satisfied

Barclays Bank PLC

F/H property k/a john shadforth house the former bsc power station thomlinson road hartlepool t/no CE56955 and CE47994.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 17/12/2010Registered 23/12/2010Satisfied 21/12/2017
Legal charge
fully satisfied

Barclays Bank PLC

F/H land to the north east and east of windermere road hartlepool t/nos CE208051 and CE91041.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 17/12/2010Registered 20/12/2010Satisfied 21/12/2017
Deed of covenant
fully satisfied

Homes & Communities Agency

Site 22/8 pattinson industrial estate washinton.

£1 and all other monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 01/07/2010Registered 08/07/2010Satisfied 19/02/2024
Guarantee and fixed and floating charge
fully satisfied

Barclays Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

All monies due or to become due from the company and/or all or any of the companies named therein to the chargee on any account whatsoever

Created 21/06/2010Registered 29/06/2010Satisfied 14/12/2017
Mortgage
fully satisfied

Barclays Bank PLC

Equipment vibration dosing screen s/n 11849010, belt conveyor s/n 11849020, trw 2500 s/n 1149040 for other equipment charged see MG01 together with all accessories and component parts.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 12/03/2010Registered 13/03/2010Satisfied 29/06/2017
Guarantee & debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

All monies due or to become due from the company and/or all or any of the companies named therein to the chargee on any account whatsoever

Created 15/01/2010Registered 22/01/2010Satisfied 14/12/2017
All assets debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 20/11/2003Registered 28/11/2003Satisfied 14/12/2017

Insolvency History1 case

members voluntary liquidation07/06/2024

Martyn James Pullin (practitioner) · Iain Townsend (practitioner)

CompanyRankvs 15+ SIC 38210 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -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

Going concern doubt: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going concern are d

Key FinancialsYear ending 31/03/2022

Turnover

£15.6M

Annual revenue

Net Worth

£16.1M

Balance sheet strength

Cash

£11.8M

Cash in the bank

Profit Before Tax

£914k

Bottom line earnings

Net Current Assets

£12.5M

Working capital

Current Assets

£16.2M

Current Liabilities

£3.7M

Fixed Assets

£4.1M

Debtors

£4.3M

Cost of Sales

£11.7M

Gross Profit

£3.9M

Admin Expenses

£2.9M

Operating Profit

£947k

Profit After Tax

£770k

21avg. employees-2

Tax at Year End

Corp tax£171k
Dividends paid£600k

People Costs

Wages & salaries£726k
NI contributions£68k

Balance Sheet

Assets less current liabilities£16.6M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20224.38+£270k
20213.76

Derived from filed accounts. Not audited figures.