Back to search

Firstgrade Recycling Systems Limited

04519056

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2 CROSSWAYS, BURY ST EDMUNDS, IP30 0LN
Incorporated 27/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Lorraine Julie Valentine

secretary · Since 28/01/2003

BRITISH

Alan Valentine

director · Since 28/01/2003

ENGINEER

IRISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Alan Amadeus Valentine

50–75% shares

Irish · England · Age 58

Unit 2 Crossways, Cockfield, Bury St Edmunds, IP30 0LN

Notified 06/04/2016

Mrs Lorraine Julie Valentine

25–50% shares

English · England · Age 60

Unit 2 Crossways, Cockfield, Bury St Edmunds, IP30 0LN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 18/11/2004Registered 20/11/2004Satisfied 11/03/2021

CompanyRankvs 214+ SIC 28990 peers
83

Financial strength84th percentile among SIC peers · 21/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£486k

Cash in the bank

Net Current Assets

£673k

Working capital

Current Assets

£980k

Current Liabilities

£307k

Fixed Assets

£349k

Debtors

£312k

14avg. employees-1

Tax at Year End

Corp tax£43k

Balance Sheet

Intangible assets£1
Assets less current liabilities£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.19+£19k
20232.92+£64k
20222.13+£189k
20212.22

Derived from filed accounts. Not audited figures.