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Glj Recycling Limited

06345633

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

Charge
outstanding

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CompanyRankvs 157+ SIC 38320 peers
60

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.06× · 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 g

Key FinancialsYear ending 31/08/2024

Net Worth

£4.0M

Balance sheet strength

Cash

£278

Cash in the bank

Profit Before Tax

£158k

Bottom line earnings

Net Current Assets

£480k

Working capital

Current Assets

£8.0M

Current Liabilities

£7.5M

Fixed Assets

£5.0M

Debtors

£5.2M

Cost of Sales

£18.5M

Admin Expenses

£4.1M

Profit After Tax

£87k

38avg. employees+4

Tax at Year End

Dividends paid£100k

People Costs

Wages & salaries£778k

Balance Sheet

Bank loans & overdrafts£113k
Assets less current liabilities£5.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06-£153k
20231.17+£43k
20221.15+£663k
20211.39

Derived from filed accounts. Not audited figures.