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Ges Recycling Ltd.

08227132

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

TALLENT AUTOMOTIVE, NEWTON AYCLIFFE, DL5 6EP
Incorporated 25/09/2012

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/09/2025

Due 09/10/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Ignacio Velasco

director · Since 25/09/2012

ENTREPENEUR

SPANISH · SPAIN · Age 62

Persons with Significant Control

Gescrap Desarrollo, S.L.

75–100% shares
75–100% votes
Appoint directors

Calle Chavarri, Zona Industrial, Sestao

Reg: B95594271 · Borme (Spanish Official Gazette Of The Companies Registry) · Limited Liability Company (Sl)

Notified 01/07/2016

CompanyRankvs 86+ SIC 38320 peers
75

Financial strength86th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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86Ges Recycling Ltd.
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How is this score calculated?
Financial strength22/25 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern are de

Key FinancialsYear ending 31/12/2025

Turnover

£14.2M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

-£241k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£3.4M

Current Liabilities

£1.4M

Fixed Assets

£1.1M

Debtors

£1.7M

Cost of Sales

£12.4M

Gross Profit

£1.8M

Admin Expenses

£1.4M

Profit After Tax

-£181k

20avg. employees

Tax at Year End

Dividends paid£3.2M

People Costs

Wages & salaries£612k
NI contributions£62k

Balance Sheet

Assets less current liabilities£3.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.42-£181k
20241.17-£3.0M
20231.68—

Derived from filed accounts. Not audited figures.