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Silverwoods Waste Management Ltd

07412151

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 13 MOORFIELD INDUSTRIAL ESTATE, ACCRINGTON, BB5 5TX
Incorporated 19/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Julian Silverwood

director · Since 19/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 6 other boards

Persons with Significant Control

Mr Julian Silverwood

25–50% shares
25–50% votes

British · England · Age 50

Unit 13, Moorfield Industrial Estate, Accrington, BB5 5TX

Notified 06/04/2016

Mrs Hayley Jane Silverwood

25–50% shares
25–50% votes

British · United Kingdom · Age 45

Unit 13, Moorfield Industrial Estate, Accrington, BB5 5TX

Notified 04/06/2025

Charges4 outstanding

Charge
outstanding

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Created 20/07/2018Registered 24/07/2018
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Created 11/04/2018Registered 20/04/2018Satisfied 20/09/2018
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Created 18/12/2017Registered 18/12/2017Satisfied 20/04/2018
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satisfied

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satisfied

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Charge
outstanding

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Created 04/12/2015Registered 16/12/2015

CompanyRankvs 165+ SIC 39000 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/10/2024

Turnover

£12.1M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£89k

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£674k

Working capital

Current Assets

£7.3M

Current Liabilities

£6.6M

Fixed Assets

£4.1M

Debtors

£7.1M

Cost of Sales

£9.5M

Gross Profit

£2.6M

Admin Expenses

£1.1M

Operating Profit

£1.5M

Profit After Tax

£1.2M

14avg. employees

Tax at Year End

Corp tax£627k
Dividends paid£650k

People Costs

Wages & salaries£532k
NI contributions£49k

Balance Sheet

Bank loans & overdrafts£131k
Assets less current liabilities£4.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10+£541k
20231.01+£565k
20220.84-£284k
20211.27
20201.01
20191.12

Derived from filed accounts. Not audited figures.