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Plaswire Limited

05030750

active
ltd
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
52 / 100

Notable Risks

30/30
Filing
10/30
Financial
12/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 4 outstanding charges (-8)

Details

5 Brayford Square, London, E1 0SG
Incorporated 30/01/2004

Compliance

Last accounts

31/01/2026

total exemption full

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 15/09/2025

Due 29/09/2026

On track

Industry

22290
Manufacture of other plastic products
38220
Treatment and disposal of hazardous waste
38320
Recovery of sorted materials
39000
Remediation activities and other waste management services

Officers

Mr Andrew Sylvester Billingsley

director · Since 30/01/2004

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 69

Andrew Sylvester Billingsley

director · Since 30/01/2004

British · Northern Ireland · Age 69

Former

Subscriber Secretaries Limited

corporate secretary · Resigned 30/01/2004

Subscriber Directors Limited

corporate director · Resigned 30/01/2004

Alice Carmel Billingsley

secretary · Resigned 01/02/2012

Persons with Significant Control

Mr Andrew Sylvester Billingsley

75–100% shares

British · Northern Ireland · Age 69

11, Newry Road, Newry, BT34 5AL

Notified 19/08/2016

Charges4 outstanding

Charge
outstanding

HSBC BANK PLC

Created 25/01/2019Registered 29/01/2019
Charge
outstanding

HSBC BANK PLC

Created 07/09/2018Registered 12/09/2018
charge
outstanding

HSBC BANK PLC

Created 31/03/2009Registered 01/04/2009
charge
outstanding

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 18/12/2007Registered 21/12/2007

Insolvency History1 case

compulsory liquidation12/03/2008

The Official Receiver Or London (practitioner)

Change History

officer appointed → BILLINGSLEY, Andrew Sylvester
2026-08-15
status → active
2026-08-15

Active

type → ltd
2026-08-15

Private Limited Company

address line1 → 5 Brayford Square
2026-08-15

5 BRAYFORD SQUARE

post town → London
2026-08-15

LONDON

CompanyRankvs 1109+ SIC 22290 peers
51

Financial strength89th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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1109Plaswire Limited
67
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/01/2026

Net Worth

£1.8M

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£360k

Working capital

Current Assets

£400k

Current Liabilities

£764k

Fixed Assets

£2.6M

Debtors

£300k

20avg. employees+3

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20260.52+£1.5M
20250.44-£204k
20240.39+£42k
20231.01—

Derived from filed accounts. Not audited figures.