Waste Management Systems Limited
04418836
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/12/2006
DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 15 other boards
director · Since 05/07/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
Charges6 outstanding
ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC
QUENTIN SKINNER AND PHILIP MASON
EDGAR WALLNER
RICHARD LAST
STEPHEN NOAR
PHOENIX PROPERTIES LIMITED
QUENTIN SKINNER AND PHILIP MASON IN THEIR CAPACITY AS SECURITY TRUSTEES FOR THE SECURITY BENEFI
CompanyRankvs 56554+ SIC 96090 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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
Key FinancialsYear ending 31/12/2024
Net Worth
-£5.7M
Balance sheet strength
Cash
£244k
Cash in the bank
Profit Before Tax
-£256k
Bottom line earnings
Net Current Assets
-£6.5M
Working capital
Current Assets
£3.3M
Current Liabilities
£9.8M
Fixed Assets
£990k
Debtors
£2.9M
Cost of Sales
£13.8M
Admin Expenses
£5.5M
Profit After Tax
-£256k
People Costs(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.33 | +£336k |
| 2022 | 1.06 | -£157k |
| 2021 | 1.00 | — |
Derived from filed accounts. Not audited figures.