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Platinum Recoveries Limited

08402914

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

PEARL ASSURANCE HOUSE 319, LONDON, N12 8LY
Incorporated 14/02/2013

Compliance

Last accounts

30/06/2022

total exemption full

Next accounts due

31/03/2024

Overdue

Confirmation statement

Last: 14/02/2023

Due 28/02/2024

Overdue

Industry

38320
Recovery of sorted materials

Officers

Sackville Secretaries Limited

secretary · Since 14/02/2013

BRITISH

Also on 2 other boards

Mr Gary John Hills

director · Since 14/02/2013

ACCOUNTANT

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Henry Lafferty

director · Since 14/02/2013

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Persons with Significant Control

Sackville Secretaries Limited

75–100% shares

Suite 1, 5th Floor, 25 Sackville Street, London, W1S 3EJ

Reg: 06256788 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation18/09/2023

Stephen Mark Katz (practitioner) · Asher Miller (practitioner)

CompanyRankvs 15+ SIC 38320 peers
20

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2022

Net Worth

£1

Balance sheet strength

Cash

£183k

Cash in the bank

Net Current Assets

-£2.4M

Working capital

Current Assets

£1.5M

Current Liabilities

£3.9M

Fixed Assets

£54k

Debtors

£702k

13avg. employees-1

Balance Sheet

Intangible assets£1
Assets less current liabilities-£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20220.39
20210.35
20200.25

Derived from filed accounts. Not audited figures.