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Magfern Recycling (2018) Ltd

11267246

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

LONGBRIDGE LANE, DERBY, DE24 8ST
Incorporated 21/03/2018

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

38210
Treatment and disposal of non-hazardous waste

Officers

Mr John Kunica

director · Since 21/03/2018

WASTE MANAGEMENT

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Michael John Kunica

director · Since 21/03/2018

WASTE MANAGEMENT

BRITISH · UNITED KINGDOM · Age 47

Also on 5 other boards

Mr John Sydney Kunica

director · Since 20/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 7 other boards

Persons with Significant Control

Mr John Sydney Kunica

25–50% shares
25–50% votes

British · England · Age 75

Longbridge Lane, Ascot Drive, Derby, DE24 8ST

Notified 21/03/2018

Mr John Kunica

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

Longbridge Lane, Ascot Drive, Derby, DE24 8ST

Notified 02/03/2022

Michael John Kunica

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 47

Longbridge Lane, Ascot Drive, Derby, DE24 8ST

Notified 02/03/2022

CompanyRankvs 132+ SIC 38210 peers
80

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
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90
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90
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90
5Celtic Recycling Ltd.
90
6Avalon Metals Limited
90
7H W Martin Waste Limited
90
8W & S Waste Management Limited
90
9Red Industries (Stoke) Limited
90
10Wheeldon Brothers Waste Limited
89
132Magfern Recycling (2018) Ltd
80
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Longevity8/15 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 31/10/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£409k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.7M

Current Liabilities

£1.3M

Fixed Assets

£736k

Debtors

£2.3M

29avg. employees+4

Balance Sheet

Assets less current liabilities£2.1M

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07+£261k
20231.97+£353k
20222.12+£181k
20211.08+£306k
20201.45+£307k
20191.59—

Derived from filed accounts. Not audited figures.