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Wyke Plastics Limited

08332121

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

ROE HEAD MILL, MIRFIELD, WF14 0DG
Incorporated 14/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods

Officers

Mr Simon Elliott

director · Since 14/12/2012

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 21 other boards

Persons with Significant Control

Mr Simon Elliott

75–100% shares

British · England · Age 61

Roe Head Mill, Far Common Road, Mirfield, WF14 0DG

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/11/2020Registered 12/11/2020
charge
outstanding

BARCLAYS BANK PLC

Created 06/03/2013Registered 14/03/2013
charge
outstanding

RAPID PROCESSING LIMITED

Created 11/01/2013Registered 25/01/2013

CompanyRankvs 62+ SIC 22220 peers
68

Financial strength74th percentile among SIC peers · 19/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.14× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 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.

Longevity13/15 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 31/12/2024

Net Worth

£684k

Balance sheet strength

Cash

£149k

Cash in the bank

Net Current Assets

£459k

Working capital

Current Assets

£606k

Current Liabilities

£146k

Fixed Assets

£338k

Debtors

£290k

8avg. employees-4

Tax at Year End(2022)

VAT£19k

Director Loans(2020)

Company owes directors£240k

Balance Sheet

Bank loans & overdrafts£58k
Assets less current liabilities£797k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.14-£50k
20235.57-£86k
20224.26+£69k£387k
20216.28+£137k£514k
20205.08+£73k£293k
20191.75+£80k£564k
20181.39

Derived from filed accounts. Not audited figures.