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Project Red Recycling Limited

09386946

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

EARTHMOVER'S HOUSE UNIT 16 LLANTRISANT BUSINESS PARK, PONTYCLUN, CF72 8LF
Incorporated 13/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mrs Kirsteen Jenkins

secretary · Since 13/01/2015

Mr Thomas David Prichard

director · Since 13/01/2015

DIRECTOR

BRITISH · WALES · Age 46

Also on 17 other boards

Persons with Significant Control

Tom Prichard Contracting Limited

75–100% shares

Earthmovers House, Llantrisant Business Park, Pontyclun, CF72 8LF

Reg: 05562841 · United Kingdom · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr Thomas David Prichard

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/10/2022Registered 28/10/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 24/09/2021Registered 28/09/2021

CompanyRankvs 1170+ SIC 39000 peers
48

Financial strength45th percentile among SIC peers · 11/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 31/01/2024

Net Worth

£1k

Balance sheet strength

Cash

£222k

Cash in the bank

Net Current Assets

£899k

Working capital

Current Assets

£2.2M

Current Liabilities

£1.3M

Fixed Assets

£23k

Debtors

£1.9M

Profit After Tax

£15k

1avg. employees

Balance Sheet

Assets less current liabilities£922k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.72

Derived from filed accounts. Not audited figures.