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Giffords Recycling Limited

07066018

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

GIFFORDS RECYCLING LTD, WEST BROMWICH, B70 8JN
Incorporated 04/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Eric Bracewell Hilton

director · Since 07/03/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 12 other boards

Mr Jonathan James Poynton

director · Since 07/03/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 10 other boards

Persons with Significant Control

Giffords Equipment Limted

75–100% shares

Giffords Way, Kelvin Way, West Bromwich, B70 7JR

Reg: 10188530 · England And Wales · Parent Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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Created 30/04/2025Registered 06/05/2025Satisfied 30/01/2026
Charge
satisfied

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Created 15/12/2022Registered 23/12/2022Satisfied 30/01/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/01/2010Registered 21/01/2010Satisfied 06/02/2025

CompanyRankvs 2355+ SIC 32990 peers
81

Financial strength85th percentile among SIC peers · 21/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.61× · 16/20
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 strength21/25 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.

Liquidity16/20 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

Net Worth

£530k

Balance sheet strength

Cash

£417k

Cash in the bank

Net Current Assets

£416k

Working capital

Current Assets

£1.1M

Current Liabilities

£682k

Fixed Assets

£114k

Debtors

£617k

33avg. employees

Balance Sheet

Assets less current liabilities£530k
Signed by Mr E B Hilton Mr J J Poynton 23/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.61-£50k
20231.86-£283k
20222.16+£558k
20211.57-£100k
20201.36-£46k
20190.89

Derived from filed accounts. Not audited figures.