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U-Shred Ltd

06679907

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

77 MIDDLE HILLGATE, STOCKPORT, SK1 3EH
Incorporated 22/08/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Timothy Ronald Lovett

secretary · Since 22/08/2008

ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 59 other boards

Mr Simon Neal Wright

director · Since 22/08/2008

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Mr Timothy Ronald Lovett

director · Since 04/02/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 59 other boards

Persons with Significant Control

U G Holdings Ltd

75–100% shares

77, Middle Hillgate, Stockport, SK1 3EH

Reg: 09604142 · England & Wales · Private Limited Company

Notified 21/08/2024

Former PSCs

Mr Simon Neal Wright

Ceased 21/08/2024

CompanyRankvs 219+ SIC 38320 peers
77

Financial strength77th percentile among SIC peers · 19/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 7.25× · 20/20
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 strength19/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£385k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

£323k

Working capital

Current Assets

£374k

Current Liabilities

£52k

Fixed Assets

£110k

Debtors

£307k

2avg. employees

Balance Sheet

Assets less current liabilities£433k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.25+£4k
20235.34-£16k
20224.87+£32k
20214.24+£21k
20206.02+£6k
20193.65+£25k
20183.53

Derived from filed accounts. Not audited figures.