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Elite Recycling Machinery Ltd

04584175

active
Private Limited Company
england wales
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

JANELLE HOUSE, HERTFORD, SG12 1QN
Incorporated 07/11/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/10/2025

Due 27/10/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Chris James Smits

director · Since 08/11/2002

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mrs Fiona Jayne Smits

director · Since 13/10/2011

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mrs Fiona Jayne Smits

secretary · Since 14/10/2011

Also on 2 other boards

Persons with Significant Control

Mr Chris James Smits

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Janelle House, Hartham Lane, Hertford, SG12 1QN

Notified 30/06/2016

Mrs Fiona Jayne Smits

25–50% shares
25–50% votes

British · United Kingdom · Age 45

Janelle House, Hartham Lane, Hertford, SG12 1QN

Notified 30/06/2016

CompanyRankvs 227+ SIC 38320 peers
76

Financial strength72th percentile among SIC peers · 18/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 12.96× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees8/15 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

£236k

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

£227k

Working capital

Current Assets

£246k

Current Liabilities

£19k

Fixed Assets

£12k

Debtors

£9k

2avg. employees

Balance Sheet

Assets less current liabilities£239k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202412.96+£42k
202310.45+£38k
20228.29+£45k
202110.79

Derived from filed accounts. Not audited figures.