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Binding Solutions Ltd

10394084

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

MATERIALS PROCESSING INSTITUTE ESTON ROAD, MIDDLESBROUGH, TS6 6US
Incorporated 26/09/2016

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/09/2025

Due 09/10/2026

On track

Industry

09900
Support activities for other mining and quarrying
71122
Engineering related scientific and technical consulting activities
71200
Technical testing and analysis

Officers

Mr Julian Michael Edward Lee

director · Since 10/10/2016

NONE

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Pitsec Limited

secretary · Since 02/10/2018

BRITISH

Also on 231 other boards

Mr Iain James Martin

director · Since 08/02/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Alexandre Belleau

director · Since 15/12/2021

DIRECTOR

CANADIAN · CANADA · Age 44

Mr Anthony Michael Harris

director · Since 26/10/2022

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 43

Also on 1 other board

Mr Edward Arthur George Jack

director · Since 06/03/2025

INVESTOR

BRITISH,AUSTRALIAN · UNITED KINGDOM · Age 44

Also on 3 other boards

Mr Jonathan Blaise Stewart

director · Since 10/03/2025

MECHANICAL ENGINEER/CHIEF EXECUTIVE OFFI

BRITISH · ENGLAND · Age 59

Also on 1 other board

Brett John Harris

director · Since 17/03/2026

AUSTRALIAN · AUSTRALIA · Age 44

Persons with Significant Control

Mr Julian Andre Treger

Significant control

British · England · Age 63

Materials Processing Institute, Eston Road, Middlesbrough, TS6 6US

Notified 02/03/2022

Former PSCs

Mr Peter Edward Phillips

Ceased 03/10/2016

Legacy Hill Resources Limited

Ceased 27/04/2018

Julian Lee

Ceased 13/09/2022

Charges0 outstanding

Charge
satisfied

CHAMPION INNOVATIONS LIMITED (INCORPORATED IN THE PROVINCE OF ONTARIO, CANADA UNDER NO. 1652082

Created 12/01/2022Registered 14/01/2022Satisfied 03/05/2024
Charge
satisfied

CHAMPION IRON LIMITED (INCORPORATED IN PROVINCE OF ONTARIO, CANADA UNDER NO. 002780519)

Created 14/10/2020Registered 15/10/2020Satisfied 03/05/2024
Charge
satisfied

PAUL DANIEL

Created 22/10/2019Registered 06/11/2019Satisfied 25/03/2025
Charge
satisfied

FINSTOCK CAPITAL LIMITED

Created 15/07/2019Registered 15/07/2019Satisfied 28/08/2019

CompanyRankvs 4480+ SIC 09900 peers
46

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity10/15 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 31/12/2021

Net Worth

-£1.3M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

-£887k

Working capital

Current Assets

£2.3M

Current Liabilities

£3.1M

Fixed Assets

£359k

Debtors

£854k

16avg. employees+6

Balance Sheet

Intangible assets£211k
Assets less current liabilities-£528k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.72-£338k
20201.01-£513k
20190.29
20180.14

Derived from filed accounts. Not audited figures.