Recycled Aggregates Midlands Ltd
08723507
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/01/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 4 other boards
Persons with Significant Control
Mr Liam Mcgilloway
British · England · Age 36
7, Leafield Crescent, Birmingham, B33 9NB
Notified 24/01/2019
Former PSCs
Mr Liam Gerard Mcgilloway
Ceased 12/12/2019
CompanyRankvs 8107+ SIC 96090 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£310k
Balance sheet strength
Cash
£272k
Cash in the bank
Net Current Assets
£316k
Working capital
Current Assets
£1.1M
Current Liabilities
£828k
Debtors
£811k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | -£21k |
| 2023 | 1.49 | -£5k |
| 2022 | 1.53 | +£54k |
| 2021 | 1.65 | +£202k |
| 2020 | 3.09 | — |
Derived from filed accounts. Not audited figures.