Higgins Recycling Limited
07710143
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/07/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 9 other boards
director · Since 19/07/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 8 other boards
Persons with Significant Control
E W Higgins & Son (Holdings) Ltd
Beckside Court, Annie Reed Road, Beverley, HU17 0LF
Reg: 09343033 · England & Wales · Private Company Limited By Shares
Notified 06/04/2016
Former PSCs
Mr David Higgins
Ceased 06/04/2016
Mrs Denise Mary Higgins
Ceased 06/04/2016
Mr Christopher Paul Higgins
Ceased 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 49+ SIC 38320 peers68
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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
6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil
Key FinancialsYear ending 31/12/2024
Net Worth
£5.8M
Balance sheet strength
Cash
£507k
Cash in the bank
Net Current Assets
£5.3M
Working capital
Current Assets
£5.8M
Current Liabilities
£537k
Fixed Assets
£598k
Debtors
£5.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 10.85 | +£322k |
| 2023 | 9.42 | +£917k |
| 2022 | 4.67 | +£1.3M |
| 2021 | 5.15 | +£482k |
| 2020 | 5.70 | +£411k |
| 2019 | 3.22 | +£881k |
| 2018 | 2.86 | — |
Derived from filed accounts. Not audited figures.