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Mds Recycling Limited

07141820

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

16 INGESTRE PLACE, LONDON, W1F 0JJ
Incorporated 01/02/2010

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 04/09/2025

Due 18/09/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr Ming Dee Ong

director · Since 22/08/2025

COMPANY DIRECTOR

MALAYSIAN · WALES · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Ming Dee Ong

50–75% shares

Malaysian · Wales · Age 51

16, Ingestre Place, London, W1F 0JJ

Notified 01/08/2017

Former PSCs

Mr Ming Dee Ong

Ceased 25/04/2017

Mr Meng Hua Ong

Ceased 22/08/2025

Charges0 outstanding

Charge
satisfied

SKIPTON BUSINESS FINANCE LTD

Created 17/08/2017Registered 24/08/2017Satisfied 09/04/2019

CompanyRankvs 1234+ SIC 38110 peers
65

Financial strength62th percentile among SIC peers · 16/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.78× · 6/20
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 strength16/25 pts

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

Employees13/15 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.

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

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£264k

Current Liabilities

£339k

Fixed Assets

£149k

8avg. employees

Balance Sheet

Assets less current liabilities£74k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£9k
20240.81-£141k
20231.47-£51k
20223.20+£20k
20212.57-£217k
20202.26+£80k
20192.11

Derived from filed accounts. Not audited figures.