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Smith Recycling (Milton Keynes) Limited

05010074

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Smith House Maidstone Road, Kingston, Milton Keynes, MK10 0BD
Incorporated 08/01/2004

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 27/11/2025

Due 11/12/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Ian Christopher Smith

director · Since 08/01/2004

British · United Kingdom · Age 60

John David Banks

secretary · Since 08/01/2004

British

Luke Christopher Smith

director · Since 01/12/2010

British · United Kingdom · Age 36

John David Banks

director · Since 01/01/2012

British · England · Age 57

Paul Usher

director · Since 19/02/2018

British · England · Age 63

Teresa Ann Smith

director · Since 19/02/2018

British · United Kingdom · Age 60

Former

Mr John David Banks

secretary · Resigned 29/05/2026

Mr John David Banks

director · Resigned 29/05/2026

Persons with Significant Control

Smith Recycling Holdings Limited

75–100% shares
75–100% votes

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

Charge
outstanding

LLOYDS BANK PLC

Created 13/02/2018Registered 20/02/2018
Charge
outstanding

LLOYDS BANK PLC

Created 07/02/2018Registered 07/02/2018

Change History

status → active
2026-06-11

Active

type → ltd
2026-06-11

Private Limited Company

address line1 → Smith House Maidstone Road
2026-06-11

SMITH HOUSE MAIDSTONE ROAD

post town → Milton Keynes
2026-06-11

MILTON KEYNES

CompanyRankvs 10+ SIC 38320 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Smith & Sons (Bletchington) Limited
90
2Hazell And Jefferies Limited
90
3G.A.E. Smith (Holdings) Limited
90
4Ronald Hull Jnr. Limited
90
5Celtic Recycling Ltd.
90
6Jbm International Ltd
90
7Enicor Limited
90
8Select Environmental Services Limited
90
9A1 Wokingham Wet Waste Limited
90
10Smith Recycling (Milton Keynes) Limited
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

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

48avg. employees+2

Tax at Year End

Corp tax£95k

Balance Sheet

Intangible assets£0
Assets less current liabilities£12.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.82+£824k
20242.81+£1.1M
20232.40—

Derived from filed accounts. Not audited figures.