Waste Management Systems Limited
04418836
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 17/04/2026
Due 01/05/2027
Industry
Officers
director · Since 08/12/2006
DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 15 other boards
director · Since 05/07/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
secretary · Since 05/07/2019
Former
corporate director · Resigned 19/08/2002
corporate secretary · Resigned 10/09/2002
director · Resigned 19/03/2003
corporate secretary · Resigned 23/10/2003
secretary · Resigned 20/12/2005
director · Resigned 27/06/2006
director · Resigned 29/01/2007
secretary · Resigned 11/12/2007
secretary · Resigned 28/04/2008
director · Resigned 17/09/2008
director · Resigned 29/06/2012
director · Resigned 07/02/2017
secretary · Resigned 05/07/2019
director · Resigned 05/07/2019
director · Resigned 31/10/2024
Charges6 outstanding
ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC
QUENTIN SKINNER AND PHILIP MASON
STEPHEN NOAR
RICHARD LAST
EDGAR WALLNER
QUENTIN SKINNER AND PHILIP MASON IN THEIR CAPACITY AS SECURITY TRUSTEES FOR THE SECURITY BENEFI
Change History
Active
Private Limited Company
1000 LAKESIDE
PORTSMOUTH
CompanyRankvs 54752+ SIC 96090 peers31
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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 going concern are d
Key FinancialsYear ending 31/12/2025
Net Worth
-£5.6M
Balance sheet strength
Cash
£205k
Cash in the bank
Profit Before Tax
£115k
Bottom line earnings
Net Current Assets
-£468k
Working capital
Current Assets
£3.2M
Current Liabilities
£3.7M
Fixed Assets
£1.2M
Debtors
£2.9M
Admin Expenses
£5.2M
Profit After Tax
£115k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.87 | +£114k |
| 2024 | 0.33 | — |
Derived from filed accounts. Not audited figures.