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Waste Transfer Systems Ltd

07575598

active
Private Limited Company
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

4 LARCH DRIVE, PONTYCLUN, CF72 8NL
Incorporated 23/03/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Marc Langmead

director · Since 23/03/2011

COMPANY DIRECTOR

WELSH · WALES · Age 59

Also on 1 other board

Persons with Significant Control

Mr Marc Langmead

75–100% shares

Welsh · Wales · Age 59

4, Larch Drive, Pontyclun, CF72 8NL

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

TRANSFER SYSTEMS LIMITED

Created 30/06/2011Registered 06/07/2011Satisfied 27/04/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/06/2011Registered 08/06/2011Satisfied 27/04/2017

CompanyRankvs 770+ SIC 38320 peers
58

Financial strength10th percentile among SIC peers · 3/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.18× · 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 strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 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 31/03/2025

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£20k

Current Liabilities

£9k

Fixed Assets

£23k

1avg. employees

Balance Sheet

Assets less current liabilities£34k
Signed by Mr Marc Langmead 03/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.18-£42k
20244.48-£5k
20231.22-£6k
20220.72-£5k
20210.72

Derived from filed accounts. Not audited figures.