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Wight Reclamation Ltd

06029323

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

1 PADMORE FARM, EAST COWES, PO32 6LY
Incorporated 14/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Stanley Howe

secretary · Since 14/12/2006

BRITISH · UNITED KINGDOM · Age 69

Sean Howe

director · Since 14/12/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mrs Tracy Elaine Howe

director · Since 30/08/2019

HEAD OF ACCOUNTS

BRITISH · ENGLAND · Age 44

Also on 1 other board

Miss Victoria Louise Howe

director · Since 30/08/2019

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Miss Victoria Louise Howe

25–50% shares
25–50% votes

British · England · Age 35

1, Padmore Farm, Folly Lane, East Cowes, PO32 6LY

Notified 19/03/2021

Mr Sean Charles Howe

25–50% shares
25–50% votes

British · England · Age 40

1 Padmore Farm, Folly Lane, East Cowes, PO32 6LY

Notified 28/10/2022

Mrs Tracy Elaine Howe

25–50% shares
25–50% votes

British · England · Age 44

1 Padmore Farm, Folly Lane, East Cowes, PO32 6LY

Notified 28/10/2022

Former PSCs

Stanley Walter Howe

Ceased 19/03/2021

CompanyRankvs 583+ SIC 38320 peers
64

Financial strength70th percentile among SIC peers · 18/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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583Wight Reclamation Ltd
64
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.

Employees14/15 pts

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

Liquidity2/20 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

£200k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

-£255k

Working capital

Current Assets

£120k

Current Liabilities

£375k

Fixed Assets

£693k

Debtors

£73k

19avg. employees-1

Balance Sheet

Assets less current liabilities£438k
Signed by Mrs Tracy Howe 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.32-£6k
20240.29+£29k
20230.65+£29k
20220.58-£79k
20211.02—

Derived from filed accounts. Not audited figures.