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Higgins Recycling Limited

07710143

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WYNN COTTAGE FARM, GOOLE, DN14 7LA
Incorporated 19/07/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials
39000
Remediation activities and other waste management services

Officers

Mr Christopher Paul Higgins

director · Since 19/07/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Mrs Denise Mary Higgins

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

75–100% shares
75–100% votes

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

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/08/2018Registered 14/08/2018

CompanyRankvs 49+ SIC 38320 peers
68

Financial strength97th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 10.85× · 20/20
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 strength24/25 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.

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.

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

20avg. employees-4

Balance Sheet

Assets less current liabilities£5.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202410.85+£322k
20239.42+£917k
20224.67+£1.3M
20215.15+£482k
20205.70+£411k
20193.22+£881k
20182.86

Derived from filed accounts. Not audited figures.