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Vk Recycling Limited

08431228

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

Details

RIVERSIDE HOUSE, MANCHESTER, M3 5EN
Incorporated 06/03/2013

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 05/03/2024

Due 19/03/2025

Overdue

Industry

38320
Recovery of sorted materials

Officers

Mr Vinash Karara

director · Since 06/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Mr Nandlal Karara

director · Since 01/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 68

Persons with Significant Control

Mr Vinash Karara

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

British · England · Age 38

Plasma Estate, Neachells Lane, Willenhall, WV11 3QG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

APOLLO BUSINESS FINANCE LTD

Created 20/10/2023Registered 20/10/2023
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 01/07/2021Registered 09/07/2021Satisfied 19/10/2023
Charge
satisfied

4SYTE LIMITED

Created 08/01/2020Registered 13/01/2020Satisfied 08/02/2021

Insolvency History1 case

in administration

Christopher Knott (practitioner) · Rochelle Schofield (practitioner)

CompanyRankvs 15+ SIC 38320 peers
14

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency 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.

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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£90k

Balance sheet strength

Cash

£133k

Cash in the bank

Net Current Assets

-£135k

Working capital

Current Assets

£438k

Current Liabilities

£574k

Fixed Assets

£479k

Debtors

£106k

11avg. employees

Balance Sheet

Assets less current liabilities£344k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.76

Derived from filed accounts. Not audited figures.