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Love 2 Recycle Ltd

07421370

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

9 OAKWOOD RISE, SWANSEA, SA8 4DX
Incorporated 27/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr David John Hill

secretary · Since 27/10/2010

Also on 1 other board

Mr David John Hill

director · Since 27/10/2010

DIRECTOR

WELSH · WALES · Age 57

Also on 1 other board

Persons with Significant Control

Mr David John Hill

25–50% shares

Welsh · Wales · Age 57

9, Oakwood Rise, Swansea, SA8 4DX

Notified 06/04/2016

Former PSCs

Mrs Natalie Hill

Ceased 04/08/2020

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 29/01/2014Registered 04/02/2014Satisfied 30/08/2023

CompanyRankvs 162+ SIC 38320 peers
80

Financial strength71th percentile among SIC peers · 18/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 40.26× · 20/20
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 strength18/25 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.

Liquidity20/20 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 31/10/2024

Net Worth

£217k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£79k

Current Liabilities

£2k

Fixed Assets

£138k

7avg. employees+1

Tax at Year End(2023)

Corp tax£3k

Director Loans(2023)

Company owes directors£949

Balance Sheet

Assets less current liabilities£218k
Signed by Mr David Hill 17/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202440.26-£27k
202313.42+£10k
20227.17-£2k
20215.05

Derived from filed accounts. Not audited figures.