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Advanced Recycling Systems Limited

04741596

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

ALDABRA, CAMBORNE, TR14 0HL
Incorporated 23/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mrs Eileen Mary Hattam

secretary · Since 23/04/2003

CO SECRETARY

BRITISH · ENGLAND · Age 84

Also on 4 other boards

Mrs Eilleen Mary Hattam

director · Since 24/04/2012

COMPANY SECRETARY/DIRECTOR

ENGLISH · ENGLAND · Age 84

Persons with Significant Control

Mrs Eileen Mary Hattam

25–50% shares
25–50% votes

British · England · Age 84

Aldabra, Camborne, TR14 0HL

Notified 06/04/2016

Mr Brian Hattam

25–50% shares
25–50% votes

British · England · Age 89

Aldabra, Camborne, TR14 0HL

Notified 05/05/2022

CompanyRankvs 1248+ SIC 28990 peers
58

Financial strength24th percentile among SIC peers · 6/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1248Advanced Recycling Systems Limited
58
How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 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 31/07/2024

Net Worth

£100

Balance sheet strength

Cash

£541

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£8k

Current Liabilities

£1k

Fixed Assets

£694

0avg. employees

Tax at Year End(2022)

Corp tax£40

Balance Sheet

Assets less current liabilities£8k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20246.55
20236.55
20225.62
202110.21

Derived from filed accounts. Not audited figures.