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Worldwide Waste Management Ltd

07058384

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

WORLDWIDE WASTE MANAGEMENT LTD, MANCHESTER, M35 0PB
Incorporated 27/10/2009

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 25/04/2026

Due 09/05/2027

On track

Industry

38110
Collection of non-hazardous waste
49410
Freight transport by road

Officers

Mr Asif Ali

director · Since 05/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Asif Ali

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

British · England · Age 50

Ledbury Road, Manchester, M35 0PB

Notified 05/03/2020

Former PSCs

Sadia Asif

Ceased 05/03/2020

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/02/2021Registered 17/02/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/08/2017Registered 11/08/2017
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 25/02/2016Registered 29/02/2016Satisfied 05/09/2017

CompanyRankvs 314+ SIC 38110 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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314Worldwide Waste Management Ltd
79
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

£942k

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£1.0M

Current Liabilities

£968k

Fixed Assets

£1.3M

Debtors

£689k

11avg. employees-4

Balance Sheet

Assets less current liabilities£1.4M
Signed by 2023-10-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06+£43k
20231.21+£94k
20221.24+£320k
20211.23+£163k
20201.10—
20191.54—
20181.79—

Derived from filed accounts. Not audited figures.