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East Lincs Recycling Solutions Limited

07196179

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

GLEBE FARM, LOUTH, LN11 0UT
Incorporated 19/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38110
Collection of non-hazardous waste
38120
Collection of hazardous waste
38210
Treatment and disposal of non-hazardous waste
38320
Recovery of sorted materials

Officers

Mr Nicholas John Hales

director · Since 19/03/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Nicholas John Hales

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

British · England · Age 63

Glebe Farm, Little Grimsby, Louth, LN11 0UT

Notified 06/04/2016

CompanyRankvs 398+ SIC 38110 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.47× · 12/20
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 strength23/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£602k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

£74k

Working capital

Current Assets

£230k

Current Liabilities

£156k

Fixed Assets

£781k

Debtors

£104k

6avg. employees

Balance Sheet

Assets less current liabilities£855k
Signed by Mr Nicholas Hales 1 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47-£124k
20241.80-£149k
20232.63+£325k
20221.28+£290k
20210.79+£59k
20200.57+£45k
20190.59

Derived from filed accounts. Not audited figures.