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Sun Recycling Limited

05315322

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Ckw Chartered Certified Accountants, 469 Kingsway, Manchester, M19 1NR
Incorporated 16/12/2004

Previously known as

Orient Marketing Ltd · until 04/09/2009

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Wai Shun Wilson Ng

director · Since 09/05/2016

British · United Kingdom · Age 72

Rumin Yu

director · Since 10/10/2020

Chinese · China · Age 46

Former

Nominee Director Ltd

corporate nominee director · Resigned 20/12/2005

Zhimin Mai

director · Resigned 12/01/2006

Mai Zhimin

director · Resigned 20/01/2006

Nominee Secretary Ltd

corporate nominee secretary · Resigned 26/05/2007

David Kenneth Bull

director · Resigned 01/01/2008

Orient Marketing Ltd

corporate secretary · Resigned 01/01/2008

Jill Lee

secretary · Resigned 01/10/2009

Zhimin Mai

director · Resigned 19/10/2020

Persons with Significant Control

Ms Rumin Yu

75–100% shares

Chinese · China · Age 46

Ckw Chartered Certified Accountants, 469 Kingsway, Manchester, M19 1NR

Notified 19/10/2020

Former PSCs

Sirg Uk Ltd

Ceased 12/10/2018

Mr Zhimin Mai

Ceased 19/10/2020

Charges0 outstanding

Charge
satisfied

BANK OF CHINA (UK) LIMITED

Created 11/10/2017Registered 14/10/2017Satisfied 07/05/2019
Charge
satisfied

HSBC BANK PLC

Created 22/01/2015Registered 22/01/2015Satisfied 02/08/2016
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 19/08/2014Registered 20/08/2014Satisfied 17/06/2016
Charge
satisfied

HSBC BANK PLC

Created 23/07/2014Registered 29/07/2014Satisfied 02/08/2016

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Ckw Chartered Certified Accountants
2026-06-05

CKW CHARTERED CERTIFIED ACCOUNTANTS

post townManchester
2026-06-05

MANCHESTER

officer appointedNG, Wai Shun Wilson
2026-06-05
officer appointedYU, Rumin
2026-06-05

CompanyRankvs 1268+ SIC 38320 peers
45

Financial strength3th percentile among SIC peers · 1/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£247k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£246k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.6M

Fixed Assets

£1k

2avg. employees

Balance Sheet

Assets less current liabilities-£245k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84-£341k
20241.03+£8k
20231.03+£62k
20221.01+£30k
20211.00+£19k
20200.98-£47k
20191.02

Derived from filed accounts. Not audited figures.