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Philbin Glass Recycling Limited

10850081

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA
Incorporated 05/07/2017

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 04/07/2025

Due 18/07/2026

Overdue

Industry

38110
Collection of non-hazardous waste
82990
Other business support service activities

Officers

Ms Sarah Philbin

director · Since 05/07/2017

NONE

BRITISH · ENGLAND · Age 42

Also on 1 other board

Sarah Philbin

director · Since 05/07/2017

British · England · Age 42

Former

Nicholas Philbin

director · Resigned 10/01/2020

Nicholas Philbin

director · Resigned 18/08/2020

Nicholas Jonothan Philbin

director · Resigned 23/01/2025

David Paul Green

director · Resigned 01/01/2026

Muriel Frances Parker

director · Resigned 01/01/2026

Persons with Significant Control

Ms Sarah Philbin

25–50% shares
25–50% votes

British · England · Age 42

23, Bridgeman Terrace, Wigan, WN1 1SX

Notified 05/07/2017

Change History

officer appointedPHILBIN, Sarah
2026-07-23
statusactive
2026-07-23

Active

typeltd
2026-07-23

Private Limited Company

address line1Wigan Investment Centre
2026-07-23

WIGAN INVESTMENT CENTRE

post townWigan
2026-07-23

WIGAN

CompanyRankvs 3026+ SIC 38110 peers
36

Financial strength51th percentile among SIC peers · 13/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength13/25 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.

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.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/07/2024

Net Worth

£3k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£138k

Working capital

Current Assets

£119k

Current Liabilities

£258k

Fixed Assets

£142k

Debtors

£105k

6avg. employees-1

Director Loans

Directors owe company£39k

Balance Sheet

Assets less current liabilities£3k
Prepared with BTCSoftware AP Solution 2024 11.2.09

EstimatesDerived

YearCurrent RatioImplied Profit
20240.46+£2k
20230.46

Derived from filed accounts. Not audited figures.