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K S Plastic Ltd

11100635

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
68 / 100

Some Concerns

30/30
Filing
20/30
Financial
18/40
Risk
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

COLMAN HOUSE, BIRMINGHAM, B3 1RS
Incorporated 07/12/2017

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/02/2025

Due 14/03/2026

Overdue

Industry

38320
Recovery of sorted materials

Officers

Ms Kai Ma

director · Since 07/12/2017

COMPANY DIRECTOR

CHINESE · UNITED KINGDOM · Age 43

Persons with Significant Control

Ms Kai Ma

75–100% shares
75–100% votes
Appoint directors

Chinese · United Kingdom · Age 43

Sanderlings, Becketts Farm, Alcester Road, Birmingham, B47 6AJ

Notified 07/12/2017

Former PSCs

Mr Shu Li

Ceased 01/01/2019

Charges1 outstanding

Charge
outstanding

W L POLYMER LIMITED

Created 21/01/2026Registered 30/01/2026
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/05/2020Registered 19/05/2020Satisfied 27/01/2026

Insolvency History1 case

creditors voluntary liquidation24/04/2026

Sandra Fender (practitioner)

CompanyRankvs 586+ SIC 38320 peers
46

Financial strength73th percentile among SIC peers · 18/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength18/25 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.

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£250k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.3M

Fixed Assets

£300k

8avg. employees

Director Loans(2023)

Company owes directors£50k

Balance Sheet

Assets less current liabilities£346k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04+£0
20231.04+£196k
20211.09+£53k
20200.72-£53k
20191.65+£45k
20180.96

Derived from filed accounts. Not audited figures.