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Packaging Reuse & Disposal Services Ltd

07123631

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1ST FLOOR WATERSIDE HOUSE, WIGAN, WN3 5AZ
Incorporated 13/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Mark Stephen Hutchinson

director · Since 21/10/2014

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Mark Stephen Hutchinson

75–100% shares
75–100% votes

British · England · Age 63

1st Floor Waterside House, Waterside Drive, Wigan, WN3 5AZ

Notified 06/04/2016

Former PSCs

Mrs Amanda Hutchinson

Ceased 24/04/2026

Charges2 outstanding

Charge
outstanding

ALG FINANCE LIMITED

Created 13/05/2019Registered 16/05/2019
charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 02/12/2011Registered 08/12/2011
charge
satisfied

ASHLEY COMMERCIAL FINANCE LTD

Created 27/04/2010Registered 29/04/2010Satisfied 30/01/2013

CompanyRankvs 606+ SIC 38320 peers
57

Financial strength66th percentile among SIC peers · 17/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.74× · 6/20
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 strength17/25 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.

Liquidity6/20 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 31/01/2025

Net Worth

£121k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£233k

Working capital

Current Assets

£672k

Current Liabilities

£905k

Fixed Assets

£681k

Debtors

£637k

34avg. employees+2

Tax at Year End(2021)

Corp tax£0

Balance Sheet

Bank loans & overdrafts£123k
Assets less current liabilities£448k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.74+£16k
20240.81+£21k
20230.82-£4k
20220.93-£17k
20210.72

Derived from filed accounts. Not audited figures.