Material Change Composting Limited
04517359
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 05/08/2025
Due 19/08/2026
Industry
Officers
director · Since 14/05/2007
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 5 other boards
secretary · Since 09/04/2008
LAWYER
BRITISH · ENGLAND · Age 52
Also on 45 other boards
director · Since 25/07/2024
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 17 other boards
director · Since 25/07/2024
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 45 other boards
Former
corporate nominee director · Resigned 05/02/2003
corporate nominee secretary · Resigned 05/02/2003
secretary · Resigned 04/11/2005
director · Resigned 01/02/2006
director · Resigned 04/05/2006
secretary · Resigned 10/07/2006
secretary · Resigned 19/03/2007
director · Resigned 28/03/2007
secretary · Resigned 09/04/2008
director · Resigned 09/04/2008
director · Resigned 09/04/2008
director · Resigned 24/08/2010
director · Resigned 23/09/2011
director · Resigned 21/12/2017
director · Resigned 21/12/2017
director · Resigned 21/12/2017
director · Resigned 21/11/2018
director · Resigned 05/12/2019
director · Resigned 25/02/2022
director · Resigned 25/07/2024
director · Resigned 25/07/2024
Persons with Significant Control
Mc Asset Co Limited
C/O Material Change Ltd, The Amphenol Building,, Rutherford Drive, Wellingborough, NN8 6AX
Reg: 11108170 · Companies House · Private Company Limited By Shares
Notified 21/12/2017
Former PSCs
Heathpatch Limited
Ceased 21/12/2017
Charges0 outstanding
FORESIGHT GROUP LLP AS SECURITY TRUSTEE
Change History
Active
Private Limited Company
C/O MATERIAL CHANGE LTD, THE AMPHENOL BUILDING 46-50 RUTHERFORD DRIVE
WELLINGBOROUGH
CompanyRankvs 396+ SIC 38210 peers61
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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
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 31/12/2024
Turnover
£4.8M
Annual revenue
Net Worth
£1.8M
Balance sheet strength
Cash
£336k
Cash in the bank
Profit Before Tax
-£478k
Bottom line earnings
Net Current Assets
£354k
Working capital
Current Assets
£1.1M
Current Liabilities
£707k
Fixed Assets
£2.1M
Debtors
£579k
Cost of Sales
£3.3M
Gross Profit
£1.5M
Admin Expenses
£1.2M
Operating Profit
£320k
Profit After Tax
-£564k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.50 | -£914k |
| 2023 | 3.27 | — |
Derived from filed accounts. Not audited figures.