Recycling With Skips Limited
07233782
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/04/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
Persons with Significant Control
Mrs Gurpreet Kaur Malhi
British · United Kingdom · Age 47
11/12, Hallmark Trading Centre, Wembley, HA9 0LB
Notified 06/04/2016
Mr Kulwant Singh Malhi
British · United Kingdom · Age 62
11/12, Hallmark Trading Centre, Wembley, HA9 0LB
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 652+ SIC 38110 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 30/04/2025
Net Worth
£2.1M
Balance sheet strength
Cash
£118k
Cash in the bank
Net Current Assets
-£308k
Working capital
Current Assets
£3.5M
Current Liabilities
£3.8M
Fixed Assets
£7.7M
Debtors
£3.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.92 | +£992k |
| 2024 | 0.69 | +£403k |
| 2023 | 0.26 | +£54k |
| 2022 | 0.48 | +£286k |
| 2021 | 0.62 | +£267k |
| 2020 | 0.73 | +£10k |
| 2019 | 0.69 | +£198k |
| 2018 | 0.71 | — |
Derived from filed accounts. Not audited figures.