Back to search

Kitson Recycling Limited

05988559

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

CLOUDS HILL, BISHOPS WALTHAM, SO32 1BZ
Incorporated 03/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials
49410
Freight transport by road

Officers

Mr Donald Obinna Iro

director · Since 30/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 8 other boards

Mr Donald Iro

secretary · Since 19/12/2023

Mrs Hanna Jane Iro

director · Since 26/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Mr Donald Obinna Iro

50–75% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 43

Clouds Hill, Winchester Road, Southampton, SO32 1BZ

Notified 30/11/2023

Former PSCs

Mr Ian Derek Kitson

Ceased 30/11/2023

Mrs Julie Alexandra Kitson

Ceased 30/11/2023

Charges0 outstanding

Charge
satisfied

FINBIZ FUNDING LIMITED

Created 09/07/2024Registered 12/07/2024Satisfied 07/05/2026
Charge
satisfied

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 07/06/2024Registered 10/06/2024Satisfied 07/07/2024
Charge
satisfied

IAN KITSON · JULIE KITSON

Created 30/11/2023Registered 18/12/2023Satisfied 19/12/2025
Charge
satisfied

MITSUBISHI HC CAPITAL UK PLC

Created 30/11/2023Registered 30/11/2023Satisfied 08/05/2024

CompanyRankvs 185+ SIC 38320 peers
79

Financial strength73th percentile among SIC peers · 18/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 20.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

£265k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£157k

Working capital

Current Assets

£166k

Current Liabilities

£8k

Fixed Assets

£141k

Debtors

£73k

5avg. employees+1

Balance Sheet

Intangible assets£0
Assets less current liabilities£299k
Signed by 2023-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202420.35+£179k
20230.96+£16k
20220.80+£13k
20210.88+£9k
20201.31+£2k
20191.03

Derived from filed accounts. Not audited figures.