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Midlands I.T. Recycling Ltd

07931103

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 21 GAINSBOROUGH TRADING ESTATE, STOURBRIDGE, DY9 7ND
Incorporated 01/02/2012

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 24/06/2025

Due 08/07/2026

On track

Industry

26200
Manufacture of computers and peripheral equipment
46510
Wholesale of computers, computer peripheral equipment and software
47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Mrs Lorraine Woodward-Smith

director · Since 14/07/2015

OFFICE ADMININSTRATOR

BRITISH · UNITED KINGDOM · Age 59

Mr Richard Woodward-Smith

director · Since 08/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Richard Woodward-Smith

25–50% shares
25–50% votes

British · England · Age 58

Unit 21 Gainsborough Trading Estate, Rufford Road, Stourbridge, DY9 7ND

Notified 06/04/2016

Mr Stephen Macdonald

25–50% shares
25–50% votes

British · England · Age 55

Unit 21 Gainsborough Trading Estate, Rufford Road, Stourbridge, DY9 7ND

Notified 01/06/2019

Former PSCs

Ms Lorraine Morales

Ceased 01/06/2019

CompanyRankvs 150+ SIC 26200 peers
73

Financial strength80th percentile among SIC peers · 20/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.37× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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150Midlands I.T. Recycling Ltd
73
How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£391k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£383k

Working capital

Current Assets

£664k

Current Liabilities

£281k

Fixed Assets

£13k

Debtors

£39k

0avg. employees-21

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£396k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.37-£32k
20242.07+£62k
20232.02+£169k
20221.74+£39k
20211.54+£90k
20201.20+£110k
20190.88—

Derived from filed accounts. Not audited figures.