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Glj Recycling Limited

06345633

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

LOWER CHAPEL YARD CWMCARN, NEWPORT, NP11 7NL
Incorporated 17/08/2007

Compliance

Last accounts

31/08/2024

full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/07/2025

Due 13/08/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Mr Gareth Lyndon Jones

director · Since 17/08/2007

MANAGING DIRECTOR

BRITISH · WALES · Age 43

Also on 3 other boards

Persons with Significant Control

Ej Industries Limited

75–100% shares
75–100% votes

Lower Chapel Yard, Cwmcarn,, Newport, NP11 7NL

Reg: 09080764 · United Kingdom'S Registrar Of Companies · Limited Company

Notified 17/08/2016

Mr Gareth Lyndon Jones

Significant control

British · Wales · Age 43

5, Oak Tree Rise, Newport, NP11 4RH

Notified 17/08/2016

Charges5 outstanding

A registered charge
satisfied

HSBC UK BANK PLC

Created 11/10/2022Registered 06/08/2026Satisfied 06/08/2026
A registered charge
satisfied

HSBC UK BANK PLC

Created 27/06/2022Registered 06/08/2026Satisfied 06/08/2026
A registered charge
satisfied

HSBC BANK PLC

Created 08/12/2016Registered 06/08/2026Satisfied 06/08/2026
A registered charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 27/09/2022Registered 28/07/2026Satisfied 28/07/2026
Charge
outstanding

HSBC UK BANK PLC

Created 11/10/2022Registered 18/10/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 27/09/2022Registered 29/09/2022
Charge
outstanding

HSBC UK BANK PLC

Created 27/06/2022Registered 14/07/2022
Charge
outstanding

HSBC BANK PLC

Created 08/12/2016Registered 12/12/2016
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 29/01/2014Registered 06/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2012Registered 16/06/2012Satisfied 26/04/2022

CompanyRankvs 158+ SIC 38320 peers
60

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.37× · 12/20
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 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.

Liquidity12/20 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 director with respect to going concern are de

Key FinancialsYear ending 31/08/2025

Net Worth

£4.2M

Balance sheet strength

Cash

£278

Cash in the bank

Profit Before Tax

£491k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£6.6M

Current Liabilities

£4.8M

Fixed Assets

£4.4M

Debtors

£3.8M

Cost of Sales

£18.0M

Admin Expenses

£3.7M

Profit After Tax

£332k

37avg. employees-1

Tax at Year End

Dividends paid£240k

People Costs

Wages & salaries£830k

Balance Sheet

Bank loans & overdrafts£947k
Assets less current liabilities£6.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.37+£232k
20241.06-£153k
20231.17

Derived from filed accounts. Not audited figures.