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Recycleit Now Holdings Ltd

11764171

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 2 SUMMIT WORKS, BURNLEY, BB11 5HG
Incorporated 14/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Robert David Doherty

director · Since 14/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mrs Lesley Doherty

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

British · England · Age 55

Unit 2, Summit Works, Burnley, BB11 5HG

Notified 14/01/2019

Mr Robert David Doherty

50–75% shares
50–75% votes
Appoint directors

British · England · Age 50

Unit 2, Summit Works, Burnley, BB11 5HG

Notified 14/01/2019

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/06/2019Registered 17/06/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/03/2019Registered 26/03/2019

CompanyRankvs 9108+ SIC 70100 peers
41

Financial strength63th percentile among SIC peers · 16/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees10/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£101k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£433k

Working capital

Current Assets

£17k

Current Liabilities

£452k

Fixed Assets

£1.6M

Debtors

£11k

2avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Signed by 11764171 2024-04-01 2025-03-31 11764171 2025-03-31 11764171 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-03-31 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£35k
2024+£30k
2023+£42k
2022+£6k

Derived from filed accounts. Not audited figures.