We Shred It Ltd
12006837
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 16/11/2025
Due 30/11/2026
Industry
Officers
director · Since 01/11/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 1 other board
Persons with Significant Control
Mr David Alan Foster
British · England · Age 58
Kingsway House, 40, Worcester, WR1 1EE
Notified 28/10/2020
Former PSCs
Mrs Charlotte Louise Moyle
Ceased 29/10/2020
Mrs Charlotte Louise Moyle
Ceased 13/05/2024
CompanyRankvs 3574+ SIC 38110 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£27k
Balance sheet strength
Cash
£432
Cash in the bank
Net Current Assets
-£43k
Working capital
Current Assets
£2k
Current Liabilities
£46k
Fixed Assets
£27k
Debtors
£2k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.05 | -£35k | £5k |
| 2024 | 0.59 | -£10k | — |
| 2023 | 0.75 | -£16k | — |
| 2022 | 1.80 | +£30k | — |
| 2021 | 0.42 | — | — |
| 2020 | 0.68 | — | — |
Derived from filed accounts. Not audited figures.