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Reuseaworld Ltd

08954610

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

5 PYWELL ROAD, CORBY, NN17 5XJ
Incorporated 24/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Mark Edward Fitzgerald

director · Since 16/08/2023

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 56

Persons with Significant Control

Hammer Time Auctions Ltd

75–100% shares

57, Pywell Road, Corby, NN17 5XJ

Reg: 12230134 · England · Limited Company

Notified 16/08/2022

Former PSCs

Mrs Amelia Therese Hollier

Ceased 18/10/2023

Mr Robert Owen Hollier

Ceased 16/08/2022

Mr Robert Oliver Anthony Almond

Ceased 22/08/2022

Mr Mark Fitzgerald

Ceased 14/04/2025

Hammertime Auctions Limited

Ceased 26/03/2026

CompanyRankvs 19255+ SIC 47910 peers
62

Financial strength58th percentile among SIC peers · 14/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees15/15 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.

Longevity12/15 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.

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

£300

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£303k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.5M

Fixed Assets

£76k

Debtors

£1.1M

41avg. employees-13

Tax at Year End(2022)

Corp tax£48k

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£227k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80
20230.92-£343k
20221.29-£549k
20213.19

Derived from filed accounts. Not audited figures.