Back to search

Recycling Wales Limited

06501698

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

RIFKINS YARD, RHYL, LL18 2EW
Incorporated 12/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr John Charles Hand

director · Since 12/02/2008

MANAGER

BRITISH · UNITED KINGDOM · Age 64

Mrs Dawn Louise Hand

director · Since 15/11/2011

SECRETARY

BRITISH · WALES · Age 61

Also on 1 other board

Persons with Significant Control

Mrs Dawn Hand

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 61

Rifkins Yard, Morfa Bach, Rhyl, LL18 2EW

Notified 06/04/2016

Mr John Charles Hand

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 64

Rifkins Yard, Morfa Bach, Rhyl, LL18 2EW

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 30/04/2012Registered 02/05/2012
charge
outstanding

FINANCE WALES INVESTMENTS (5) LIMITED

Created 24/04/2008Registered 07/05/2008

CompanyRankvs 807+ SIC 38320 peers
47

Financial strength57th percentile among SIC peers · 14/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength14/25 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.

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.

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 28/02/2025

Net Worth

£37k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£424k

Working capital

Current Assets

£96k

Current Liabilities

£521k

Fixed Assets

£463k

Debtors

£1k

5avg. employees+1

Balance Sheet

Assets less current liabilities£39k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19-£47k
20240.20-£23k
20230.25-£18k
20220.23-£44k
20210.24

Derived from filed accounts. Not audited figures.