Derwen Recycling Limited
08737258
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2025
full
Next accounts due
31/07/2027
Confirmation statement
Last: 17/10/2025
Due 31/10/2026
Industry
Officers
director · Since 17/10/2013
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 2 other boards
director · Since 31/03/2017
BUSINESS DEVELOPMENT DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
Persons with Significant Control
Mr Stuart Ivor Hanford
British · United Kingdom · Age 57
Neath Abbey Wharf, Neath Abbey, Neath, SA10 6BL
Notified 06/04/2016
Mr Mark Mervyn Davies
British · Wales · Age 55
Neath Abbey Wharf, Neath Abbey, Neath, SA10 6BL
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
NEATH ABBEY WHARF
NEATH
CompanyRankvs 485+ SIC 38210 peers49
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -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 directors with respect to going concern are d
Key FinancialsYear ending 31/10/2025
Net Worth
£1.0M
Balance sheet strength
Cash
£240k
Cash in the bank
Profit Before Tax
-£61k
Bottom line earnings
Net Current Assets
-£693k
Working capital
Current Assets
£2.7M
Current Liabilities
£3.3M
Fixed Assets
£3.1M
Debtors
£2.4M
Cost of Sales
£13.6M
Admin Expenses
£2.3M
Profit After Tax
-£91k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | +£0 |
| 2025 | 0.79 | -£175k |
| 2024 | 0.82 | +£81k |
| 2023 | 0.99 | — |
Derived from filed accounts. Not audited figures.
Filing History33 filings
accounts with accounts type full
gazette filings brought up to date
confirmation statement with no updates
gazette notice compulsory
accounts with accounts type full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
change person director company with change date
change person director company with change date
confirmation statement with no updates
accounts with accounts type total exemption full
change person director company with change date
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with updates
appoint person director company with name date
accounts with accounts type total exemption small
confirmation statement with updates
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
mortgage create with deed with charge number charge creation date
annual return company with made up date full list shareholders
capital name of class of shares
incorporation company