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Lyndex Recycling Systems Limited

05488915

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

STAFFORD PARK 10, SHROPSHIRE, TF3 3BP
Incorporated 23/06/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28950
Manufacture of machinery for paper and paperboard production
38320
Recovery of sorted materials

Officers

Dr Paul Conlon

director · Since 30/03/2026

IRISH · NORTHERN IRELAND · Age 60

Also on 2 other boards

Persons with Significant Control

Killymeal Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

12, Abbey House, 12 Abbey Street, Omagh, BT78 1BZ

Reg: Ni608191 · Northern Ireland · Private Limited Company

Notified 30/03/2026

Former PSCs

Mr Barry George Carson

Ceased 30/03/2026

Mr Keith Barry Tart

Ceased 30/03/2026

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC (TRADING AS ULSTER BANK)

Created 30/03/2026Registered 15/04/2026
Charge
satisfied

KILLYMEAL HOLDINGS LTD

Created 12/02/2026Registered 03/03/2026Satisfied 17/04/2026
Charge
satisfied

HSBC UK BANK PLC

Created 14/10/2025Registered 15/10/2025Satisfied 04/02/2026
Charge
satisfied

IWOCA SKYE FINANCE LTD

Created 24/02/2021Registered 25/02/2021Satisfied 14/01/2022

CompanyRankvs 10+ SIC 28950 peers
73

Financial strength88th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity16/20 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 30/06/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£3.2M

Current Liabilities

£2.1M

Fixed Assets

£202k

Debtors

£755k

22avg. employees

Tax at Year End

Corp tax£90k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56+£0
20251.56+£92k
20241.92-£165k
20191.76+£285k
20181.33

Derived from filed accounts. Not audited figures.