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Inch Recyling Solutions Ltd

11024999

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

BARBICAN HOUSE, PLYMOUTH, PL1 2NA
Incorporated 20/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Mark William Hinchliffe

director · Since 20/10/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 17 other boards

Persons with Significant Control

Mr Mark William Hinchliffe

75–100% shares
75–100% votes

British · United Kingdom · Age 55

Barbican House, 36 New Street, Plymouth, PL1 2NA

Notified 20/10/2017

CompanyRankvs 712+ SIC 38320 peers
62

Financial strength65th percentile among SIC peers · 16/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 16.96× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 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 31/10/2022

Net Worth

£102k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£379k

Working capital

Current Assets

£402k

Current Liabilities

£24k

Fixed Assets

£63k

-2avg. employees+3

Balance Sheet

Assets less current liabilities£441k
Prepared with v2023.25.1 micro_entity_frs_105_v1_1_0 filing

EstimatesDerived

YearCurrent RatioImplied Profit
202216.96+£100k
20214.72-£3k
202010.68+£2k
20199.71+£9k
20186.29

Derived from filed accounts. Not audited figures.