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Parkway Recycling Ltd

09052943

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

272 KINGS ROAD, BIRMINGHAM, B11 2AB
Incorporated 22/05/2014

Compliance

Last accounts

31/05/2025

audit exemption subsidiary

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 22/05/2026

Due 05/06/2027

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mrs Lisa Mary Mcgowan

director · Since 22/05/2014

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Paul Brendan Mcgowan

director · Since 22/05/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Paul Brendan Mcgowan

75–100% shares

Irish · United Kingdom · Age 53

Plot D 194 Bromford Lane, Heartland Spine Road, Erdington, B24 8DL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 16/01/2026Registered 19/01/2026

CompanyRankvs 1308+ SIC 38110 peers
54

Financial strength75th percentile among SIC peers · 19/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1308Parkway Recycling Ltd
60
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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.

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 31/05/2024

Net Worth

£66k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£350k

Current Liabilities

£386k

Fixed Assets

£122k

Debtors

£102k

6avg. employees

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Assets less current liabilities£86k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91+£18k
20230.81+£26k
20220.63-£83k
20180.75—

Derived from filed accounts. Not audited figures.