M E C Recycling Limited
05023251
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Andrew Cotton
British · England · Age 66
Ansons Farm, Lincoln, LN6 9HS
Notified 06/04/2016
Mr Ian Cotton
British · England · Age 58
Ansons Farm, Swinderby, Lincoln, LN6 9HS
Notified 21/01/2026
Former PSCs
Mr Ian Cotton
Ceased 21/01/2026
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 595+ SIC 38320 peers58
Show leaderboard
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 31/01/2025
Net Worth
£524k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
-£256k
Working capital
Current Assets
£301k
Current Liabilities
£557k
Fixed Assets
£1.1M
Debtors
£282k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.54 | +£101k |
| 2024 | 0.94 | +£15k |
| 2023 | 0.99 | -£100k |
| 2021 | 1.90 | -£10k |
| 2020 | 0.98 | +£21k |
| 2019 | 0.64 | — |
Derived from filed accounts. Not audited figures.