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Sams Recycling Limited

08970295

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 9B BALFOUR BUSINESS CENTRE, SOUTHALL, UB2 5BD
Incorporated 01/04/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/10/2024

Due 16/10/2025

Overdue

Industry

38110
Collection of non-hazardous waste

Officers

Mr Rajinderbir Singh

director · Since 02/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 4 other boards

Persons with Significant Control

Mr Rajinderbir Singh

75–100% shares

British · England · Age 46

Unit 9b, Balfour Business Centre, Southall, UB2 5BD

Notified 02/03/2018

Former PSCs

Mr Harjinder Singh

Ceased 18/05/2020

Charges2 outstanding

Charge
outstanding

NATIONWIDE FINANCE LIMITED

Created 07/10/2024Registered 07/10/2024
Charge
outstanding

FINBIZ FUNDING LIMITED

Created 19/08/2024Registered 22/08/2024

CompanyRankvs 2479+ SIC 38110 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees14/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£423k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£264k

Working capital

Current Assets

£149k

Current Liabilities

£413k

Fixed Assets

£462k

Debtors

£3k

25avg. employees+3

Tax at Year End(2024)

VAT£2k

Director Loans(2024)

Company owes directors£83k

Balance Sheet

Assets less current liabilities£198k
Signed by Mr Rajinderbir Singh Mr Rajinderbir Singh 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.36-£188k
20241.21-£252k£43k
20231.04-£30k£50k
20221.11+£15k£179k
20210.64+£19k£133k
20200.90+£686
20190.80+£1k
20180.86

Derived from filed accounts. Not audited figures.