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Jmc Recycling Systems Limited

04455599

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 HARRIMANS LANE, NOTTINGHAM, NG7 2SD
Incorporated 06/06/2002

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 06/06/2025

Due 20/06/2026

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Sally Jeanette Johnson

secretary · Since 06/06/2003

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 64

Also on 15 other boards

Mr Phillip Richard Pownall

director · Since 06/06/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Mrs Sally Jeanette Johnson

director · Since 07/06/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 15 other boards

Persons with Significant Control

Mrs Sally Jeanette Johnson

25–50% shares
25–50% votes

British · United Kingdom · Age 64

2, Harrimans Lane, Nottingham, NG7 2SD

Notified 06/04/2016

Mr Phillip Richard Pownall

25–50% shares
25–50% votes

British · United Kingdom · Age 59

2, Harrimans Lane, Nottingham, NG7 2SD

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/05/2008Registered 31/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/02/2005Registered 09/03/2005Satisfied 06/02/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/03/2004Registered 16/03/2004

CompanyRankvs 409+ SIC 28990 peers
58

Financial strength89th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.17× · 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 strength22/25 pts

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

Employees14/15 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

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 co

Key FinancialsYear ending 30/09/2024

Turnover

£13.1M

Annual revenue

Net Worth

£1.7M

Balance sheet strength

Cash

£259k

Cash in the bank

Profit Before Tax

£195k

Bottom line earnings

Net Current Assets

£647k

Working capital

Current Assets

£4.5M

Current Liabilities

£3.9M

Fixed Assets

£1.6M

Debtors

£1.1M

Cost of Sales

£10.7M

Gross Profit

£2.4M

Admin Expenses

£2.1M

Operating Profit

£317k

Profit After Tax

£105k

37avg. employees

Tax at Year End

Corp tax£61k

People Costs

Wages & salaries£1.7M
NI contributions£187k

Balance Sheet

Bank loans & overdrafts£80k
Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17+£105k
20231.15+£250k
20221.10+£240k
20211.09+£173k
20200.98+£21k
20191.00+£116k
20180.97

Derived from filed accounts. Not audited figures.