Back to search

World Of Recycling Ltd

07496566

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE TRUCK STOP, WEDNESBURY, WS10 0NT
Incorporated 18/01/2011

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

38110
Collection of non-hazardous waste
49410
Freight transport by road

Officers

Mrs Susan Bains

director · Since 18/01/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Parmjit Singh Bahyia

director · Since 05/05/2022

GENERAL MANAGER

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Persons with Significant Control

Mrs Surjit Kaur

25–50% shares
25–50% votes

Indian · United Kingdom · Age 46

18 John Fletcher Close, Wednesbury, WS10 9UD

Notified 06/06/2016

Mrs Susan Bains

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

97 Nether Hall Avenue, Birmingham, B43 7EU

Notified 01/07/2016

CompanyRankvs 2192+ SIC 38110 peers
51

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wheeldon Brothers Waste Limited
90
2G.A.E. Smith (Holdings) Limited
90
3Powerday Plc
90
4Cory Barking Operations Limited
90
5Abacus (Bristol) Limited
90
6Ling Metals Limited
90
7Wales Environmental Limited
90
8Easy Load Limited
90
9G & A M Lawson Limited
90
10Robert Hopkins Environmental Services Limited
90
2192World Of Recycling Ltd
47
How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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 31/01/2025

Net Worth

-£141k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£237k

Current Liabilities

£300k

Fixed Assets

£48k

Debtors

£183k

12avg. employees-2

Balance Sheet

Assets less current liabilities-£15k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.79+£10k
20240.72-£64k
20230.93-£16k
20220.83-£59k
20211.44+£13k
20200.76+£45k
2019-0.28—

Derived from filed accounts. Not audited figures.