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Recycling West Country Ltd

04827391

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

11 11, PENZANCE, TR18 4JH
Incorporated 09/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38210
Treatment and disposal of non-hazardous waste

Officers

Mr Mark Albert Barrett

director · Since 01/09/2003

PROPRIETOR OF RECYCLING BUSINE

BRITISH · ENGLAND · Age 59

Mrs Catherine Elizabeth Barrett

director · Since 03/06/2019

SPECIAL EDUCATIONAL NEEDS ADVISOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Mark Albert Barrett

75–100% shares

British · United Kingdom · Age 59

11, 11, Penzance, TR18 4JH

Notified 09/07/2016

Charges3 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 04/07/2011Registered 15/07/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 21/04/2009Registered 28/04/2009
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/04/2007Registered 25/04/2007Satisfied 10/01/2017
charge
outstanding

LLOYDS TSB BANK PLC

Created 09/03/2007Registered 21/03/2007

CompanyRankvs 664+ SIC 38210 peers
46

Financial strength62th percentile among SIC peers · 16/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 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.

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£11k

Current Liabilities

£74k

Fixed Assets

£141k

2avg. employees

Balance Sheet

Assets less current liabilities£79k
Signed by 04827391 2024-09-01 2025-08-31 04827391 2025-08-31 04827391 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.15-£32k
20240.36-£8k
20230.64-£14k
20222.12+£13k
20210.99

Derived from filed accounts. Not audited figures.