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Direct Shredding & Recycling Limited

06458575

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 CORNFIELDS, SG2 7RB
Incorporated 20/12/2007

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr Gavin John Clowsley

secretary · Since 20/12/2007

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mr Gavin John Clowsley

director · Since 20/12/2007

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mrs Carolyn Lesley Clowsley

director · Since 29/04/2021

BOOK KEEPER

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Gavin John Clowsley

75–100% shares

British · England · Age 59

16 Cornfields, SG2 7RB

Notified 06/04/2016

CompanyRankvs 2797+ SIC 38110 peers
39

Financial strength6th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 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 31/12/2024

Turnover

£93k

Annual revenue

Net Worth

-£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£17k

Current Liabilities

£41k

Fixed Assets

£38k

Profit After Tax

-£29k

1avg. employees

Tax at Year End(2019)

Corp tax£910

Balance Sheet

Depreciation£31k
Assets less current liabilities£14k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.41
20230.69
20221.30+£246k
20210.10+£17k
20200.05
20190.04
20180.07

Derived from filed accounts. Not audited figures.