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East Coast Recovery Ltd

06475114

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

3A QUAY VIEW BUSINESS PARK, LOWESTOFT, NR32 2HD
Incorporated 16/01/2008

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 16/01/2026

Due 30/01/2027

On track

Industry

87900
Other residential care activities

Officers

Mr Lester John Morse

director · Since 16/01/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Morse Holding (Lowestoft) Limited

75–100% shares
75–100% votes
Appoint directors

3a Quay View Business Park, Barnards Way, Lowestoft, NR32 2HD

Reg: 12475258 · Register Of Companies · Limited Company

Notified 27/10/2020

Former PSCs

Mr Lester John Morse

Ceased 27/10/2020

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/09/2020Registered 01/10/2020
charge
outstanding

BARCLAYS BANK PLC

Created 08/02/2013Registered 13/02/2013
charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2012Registered 17/11/2012

CompanyRankvs 330+ SIC 87900 peers
73

Financial strength88th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 10.69× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£178k

Balance sheet strength

Cash

£195k

Cash in the bank

Net Current Assets

£190k

Working capital

Current Assets

£209k

Current Liabilities

£20k

Debtors

£14k

6avg. employees-1

Tax at Year End

Corp tax-£535

Director Loans

Company owes directors£13k
Directors owe company£456

Balance Sheet

Assets less current liabilities£190k
Signed by Mr L Morse 16 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202510.69-£117k
20244.19+£235k
20230.90+£30k
20220.70-£49k
20210.84-£435k
20203.43+£192k
20192.17

Derived from filed accounts. Not audited figures.