Smith Recycling (Milton Keynes) Limited
05010074
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 27/11/2025
Due 11/12/2026
Industry
Officers
Former
corporate nominee secretary · Resigned 08/01/2004
corporate nominee director · Resigned 08/01/2004
Persons with Significant Control
Smith Recycling Holdings Limited
Smith House, Maidstone Road, Milton Keynes, MK10 0BD
Reg: 14985742 · Uk Register Of Companies - Companies House · Private Limited Company
Notified 16/10/2023
Former PSCs
Mr Ian Christopher Smith
Ceased 16/10/2023
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
Change History
Active
Private Limited Company
SMITH HOUSE MAIDSTONE ROAD
MILTON KEYNES
CompanyRankvs 15+ SIC 38320 peers80
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£11.5M
Balance sheet strength
Cash
£4.4M
Cash in the bank
Net Current Assets
£7.6M
Working capital
Current Assets
£11.8M
Current Liabilities
£4.2M
Fixed Assets
£4.7M
Debtors
£7.4M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.82 | +£824k |
| 2024 | 2.81 | +£1.1M |
| 2023 | 2.40 | +£1.7M |
| 2022 | 2.09 | +£1.5M |
| 2021 | 1.91 | +£1.6M |
| 2020 | 1.59 | +£857k |
| 2019 | 1.28 | +£688k |
| 2018 | 1.01 | — |
Derived from filed accounts. Not audited figures.