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Mid Wales Incineration Limited

05591694

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

21 C/O STEYER ACCOUNTANCY, BUILTH WELLS, LD2 3US
Incorporated 13/10/2005

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 13/10/2025

Due 27/10/2026

On track

Industry

01629
01629
01700
Hunting, trapping and related service activities

Officers

Mrs Penelope Jane Collard

secretary · Since 13/10/2005

BRITISH · WALES · Age 67

Also on 7 other boards

Mrs Penelope Jane Collard

director · Since 13/10/2005

NURSE

BRITISH · WALES · Age 67

Also on 7 other boards

Mr William James Nimrod Collard

director · Since 13/10/2005

FARMER

BRITISH · WALES · Age 66

Also on 4 other boards

Mr Thomas James Collard

director · Since 19/04/2021

DIRECTOR

WELSH · WALES · Age 32

Also on 2 other boards

Persons with Significant Control

Mrs Penelope Jane Collard

75–100% shares

British · Wales · Age 67

Oakfield, Nant Glas, Llandrindod Wells, LD1 6PA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 15/08/2018Registered 04/09/2018

CompanyRankvs 25+ SIC 01629 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.7× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/12/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£160k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£405k

Fixed Assets

£495k

Debtors

£1.3M

8avg. employees+15

Balance Sheet

Intangible assets£2k
Prepared with v2026.37.1 limited_company_frs_102_section_1a_v1_1_4 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20253.70+£354k
20242.02+£92k
20233.84—

Derived from filed accounts. Not audited figures.