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Fourway Pallet Recycling Ltd

07203165

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HIGHFIELDS LATTINFORD BRIDGE, IPSWICH, IP9 2JZ
Incorporated 25/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Ricky Harris

director · Since 01/04/2010

PALLET DEALER

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Mr Mark John Harris

director · Since 01/09/2024

SELLING TIMBER

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Ricky Harris

Significant control

British · England · Age 46

Highfields, Lattingford Bridge, Ipwich, IP9 2JZ

Notified 31/05/2016

Former PSCs

Mr Ricky Harris

Ceased 26/02/2026

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/05/2019Registered 19/06/2019

CompanyRankvs 833+ SIC 55900 peers
66

Financial strength91th percentile among SIC peers · 23/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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833Fourway Pallet Recycling Ltd
76
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.

Employees11/15 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 31/03/2025

Turnover

£794k

Annual revenue

Net Worth

£375k

Balance sheet strength

Cash

£875k

Cash in the bank

Profit Before Tax

£14k

Bottom line earnings

Net Current Assets

£249k

Working capital

Current Assets

£1.0M

Current Liabilities

£758k

Fixed Assets

£133k

Debtors

£131k

Cost of Sales

£604k

Gross Profit

£190k

Admin Expenses

£188k

Operating Profit

-£4k

Profit After Tax

£14k

2avg. employees

Balance Sheet

Assets less current liabilities£382k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.33-£1k
20245.13+£16k
20232.83+£105k
20221.30—
20212.50—
20202.17—
20191.90—

Derived from filed accounts. Not audited figures.