Reseiclo Community Wood Recycling
06408553
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 25/10/2025
Due 08/11/2026
Industry
Officers
director · Since 10/05/2024
MANAGER
BRITISH · WALES · Age 42
Also on 1 other board
Persons with Significant Control
Mr Karl David Lovesey
British · Wales · Age 42
Unit 9, Harlequin Trading Estate, Alderney Street, Newport, NP20 5NH
Notified 01/07/2024
Former PSCs
Mr Trefor Puw
Ceased 30/06/2024
CompanyRankvs 431+ SIC 38110 peers76
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£14k
Working capital
Current Assets
£19k
Current Liabilities
£5k
Fixed Assets
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.68 | -£59k |
| 2023 | — | -£22k |
| 2022 | — | +£42k |
| 2021 | 18.16 | +£2k |
| 2020 | 7.76 | +£124k |
| 2019 | -8.53 | +£17k |
| 2018 | -6.74 | — |
Derived from filed accounts. Not audited figures.