Shred Station Limited
06359628
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 07/10/2025
Due 21/10/2026
Industry
Officers
director · Since 21/12/2009
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 4 other boards
Former
secretary · Resigned 21/12/2009
director · Resigned 31/07/2012
director · Resigned 21/09/2020
director · Resigned 04/02/2021
Persons with Significant Control
Mr Simon James Franklin
British · England · Age 41
Osborne House, Wendover Road, Norwich, NR13 6LH
Notified 30/06/2017
Former PSCs
Mr Nicholas Alan Franklin
Ceased 21/09/2020
Charges4 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
LLOYDS BANK PLC
LLOYDS BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
BUSINESS PROPERTY TRUSTEE NO. 1 LIMITED AND BUSINESS PROPERTY TRUSTEE NO. 2 LIMITED
Change History
Active
Private Limited Company
OSBORNE HOUSE WENDOVER ROAD
NORWICH
CompanyRankvs 24213+ SIC 82990 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£4.1M
Balance sheet strength
Cash
£22k
Cash in the bank
Profit Before Tax
£550k
Bottom line earnings
Net Current Assets
-£3.3M
Working capital
Current Assets
£4.7M
Current Liabilities
£8.0M
Fixed Assets
£12.9M
Debtors
£4.3M
Cost of Sales
£17.8M
Admin Expenses
£6.4M
Profit After Tax
£384k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.59 | +£384k |
| 2023 | 0.57 | — |
Derived from filed accounts. Not audited figures.