Recycling Engineers Services Limited
05088920
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
28/02/2025
small
Next accounts due
30/11/2026
Confirmation statement
Last: 18/03/2026
Due 01/04/2027
Industry
Officers
director · Since 08/02/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 3 other boards
director · Since 08/02/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 12 other boards
Persons with Significant Control
Wicb Group Limited
C/O Fairhurst, Douglas Bank House, Wigan Lane, Wigan, WN1 2TB
Reg: 12257979 · The Registrar Of Companies · Private Company Limited By Shares
Notified 08/02/2021
Former PSCs
Mr Edwin Marcus William King
Ceased 08/02/2021
Mrs Sandra Patricia King
Ceased 08/02/2021
Charges1 outstanding
RBS INVOICE FINANCE LTD
CompanyRankvs 285+ SIC 71129 peers79
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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 28/02/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£49k
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.8M
Current Liabilities
£745k
Fixed Assets
£204k
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.47 | +£74k |
| 2024 | 2.81 | +£143k |
| 2023 | 3.57 | +£240k |
| 2022 | 3.38 | +£37k |
| 2021 | 3.11 | +£12k |
| 2020 | 4.02 | +£16k |
| 2019 | 3.42 | — |
Derived from filed accounts. Not audited figures.