Plastic Energy Limited
09923011
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/03/2024
EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 53
Also on 6 other boards
Persons with Significant Control
Plastic Energy Finco Ltd
65, Carter Lane, London, EC4V 5DY
Reg: 15189253 · Uk Register Of Companies · Private Company Limited By Shares
Notified 05/10/2023
Former PSCs
Carlos Monreal Lera
Ceased 16/02/2021
Charges2 outstanding
AMICORP TRUSTEES (UK) LIMITED
AMICORP TRUSTEES (UK) LIMITED
HSBC UK BANK PLC
CompanyRankvs 7346+ SIC 72190 peers7
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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
appropriate; or the director has not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . Other information The director is responsible for the othe
Key FinancialsYear ending 31/12/2019
Turnover
£4.2M
Annual revenue
Net Worth
-£4.4M
Balance sheet strength
Cash
£10k
Cash in the bank
Profit Before Tax
-£3.2M
Bottom line earnings
Net Current Assets
-£5.1M
Working capital
Current Assets
£2.2M
Current Liabilities
£7.4M
Fixed Assets
£2.1M
Debtors
£2.2M
Cost of Sales
£2.6M
Gross Profit
£1.6M
Admin Expenses
£4.8M
Operating Profit
-£3.2M
Profit After Tax
-£2.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2019 | 0.30 | -£406k |
| 2018 | 0.13 | — |
Derived from filed accounts. Not audited figures.