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Papilo Limited

05589284

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

SUITE 33 LOWRY MILL, SWINTON, M27 6DB
Incorporated 11/10/2005

Compliance

Last accounts

31/10/2025

full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

38110
Collection of non-hazardous waste
38120
Collection of hazardous waste

Officers

Mr Paul Hodgkiss

director · Since 30/09/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Mr Russell Collins

director · Since 06/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 8 other boards

Mr Ian James Mcaulay

director · Since 01/08/2024

CHAIR PERSON

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Mr Michael Thomas Gibson

director · Since 01/04/2026

BRITISH · UNITED KINGDOM · Age 42

Also on 8 other boards

Persons with Significant Control

Papilo Holdings Limited

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

Suite 33, Lowry Mill, Swinton, M27 6DB

Notified 01/08/2019

Former PSCs

Mrs Sarah Patricia Sumner

Ceased 01/08/2019

Mr John Michael Davies

Ceased 13/08/2018

Mr Gareth Roy Wallwork

Ceased 01/08/2019

Charges3 outstanding

Charge
outstanding

PALATINE PRIVATE EQUITY LLP

Created 31/01/2026Registered 10/02/2026
Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED

Created 31/01/2026Registered 04/02/2026
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 31/01/2026Registered 02/02/2026Satisfied 07/04/2026
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 10/08/2023Registered 11/08/2023Satisfied 12/02/2026
Charge
outstanding

PALATINE PRIVATE EQUITY LLP

Created 16/06/2023Registered 21/06/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)

Created 16/06/2023Registered 21/06/2023Satisfied 12/02/2026
Charge
satisfied

BARCLAYS BANK PLC

Created 09/12/2021Registered 10/12/2021Satisfied 13/07/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 21/05/2018Registered 23/05/2018Satisfied 13/07/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 27/08/2015Registered 03/09/2015Satisfied 13/07/2023
charge
satisfied

BARCLAYS BANK PLC

Created 18/11/2009Registered 02/12/2009Satisfied 13/07/2023

CompanyRankvs 203+ SIC 38110 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/10/2022

Turnover

£25.5M

Annual revenue

Net Worth

£4.5M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£2.8M

Bottom line earnings

Net Current Assets

£4.5M

Working capital

Current Assets

£12.9M

Current Liabilities

£8.4M

Fixed Assets

£86k

Debtors

£10.4M

Cost of Sales

£19.7M

Gross Profit

£5.8M

Admin Expenses

£2.9M

Operating Profit

£2.9M

Profit After Tax

£2.3M

47avg. employees+5

Tax at Year End

Corp tax£545k
Dividends paid£96k

People Costs

Wages & salaries£2.1M

Balance Sheet

Assets less current liabilities£4.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.53+£2.2M
20211.36+£578k
20201.32+£99k
20191.40+£1.0M
20181.25

Derived from filed accounts. Not audited figures.