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Redford Logistics & Recycling Serv'S Ltd

08082155

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

25 URBAN DRIVE, ALTRINCHAM, WA15 8HX
Incorporated 24/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Michael John Griffin

director · Since 21/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Michael John Griffin

75–100% shares

British · England · Age 64

25, Urban Drive, Altrincham, WA15 8HX

Notified 24/05/2016

CompanyRankvs 1819+ SIC 39000 peers
42

Financial strength7th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

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

Key FinancialsYear ending 31/05/2025

Turnover

£367k

Annual revenue

Net Worth

-£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£46k

Current Liabilities

£71k

Profit After Tax

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£24k
Signed by 08082155 2024-06-01 2025-05-31 08082155 2025-05-31 08082155 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£0
20250.66+£1k
20240.71+£649
20230.49-£2k
20220.54+£19k
20210.04+£6k
20200.04+£13k
20190.03+£6k
20180.04

Derived from filed accounts. Not audited figures.