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Recyplas Limited

07913278

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 HOOK LANE, MARCH, PE15 0QQ
Incorporated 17/01/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22210
Manufacture of plastic plates, sheets, tubes and profiles
38210
Treatment and disposal of non-hazardous waste
46690
Wholesale of other machinery and equipment
46770
Wholesale of waste and scrap

Officers

Mr Malagalage Anurath Abeyratne

director · Since 17/01/2012

DIRECTOR

SRI LANKAN · SRI LANKA · Age 70

Also on 1 other board

Korean Spa Packaging (Pvt) Limited

director · Since 17/01/2012

Mr Saveen Anjana Abeyratne

director · Since 05/07/2016

MANAGER

SRI LANKAN · SRI LANKA · Age 30

Ms Sonali Anushika Abeyratne

director · Since 02/09/2024

GROUP COMPANY DIRECTOR

SRI LANKAN · SRI LANKA · Age 38

Mr Mohan Abeyratne

director · Since 08/08/2025

DIRECTOR

SRI LANKAN · ENGLAND · Age 77

Persons with Significant Control

Mr Anurath Malagalage Abeyratne

Significant control

Sri Lankan · Sri Lanka · Age 70

04, Norfolk Street, March, PE15 0QA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/09/2022Registered 13/09/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 01/07/2013Registered 03/07/2013Satisfied 21/03/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 03/05/2013Registered 17/05/2013Satisfied 21/03/2023
charge
outstanding

HSBC BANK PLC

Created 21/02/2013Registered 23/02/2013

CompanyRankvs 93+ SIC 22210 peers
57

Financial strength71th percentile among SIC peers · 18/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

Longevity14/15 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

Outstanding charges: -10 pts

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

£408k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£638k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.8M

Fixed Assets

£2.2M

Debtors

£699k

34avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Signed by Mr Malagalage Abeyratne 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.64+£0
20250.64-£492k
20240.86-£65k
20230.95+£194k
20220.80+£23k
20210.23

Derived from filed accounts. Not audited figures.