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Essex Tyre Recycling Ltd

12267029

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNITS 6-7 THURROCK COMMERCIAL PARK, PURFLEET, RM15 4YA
Incorporated 17/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials
46770
Wholesale of waste and scrap

Officers

Mr Grant Martin Wylde

director · Since 02/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Grant Martin Wylde

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

British · England · Age 51

Units 6-7, Thurrock Commercial Park, Purfleet, RM15 4YA

Notified 02/03/2021

Ms Emma Louise Clark

25–50% shares

British · England · Age 53

Units 6-7, Thurrock Commercial Park, Purfleet, RM15 4YA

Notified 25/07/2024

Former PSCs

Mr Sonnie Miller

Ceased 17/10/2019

Mr Jason Henderson

Ceased 02/03/2021

Mr Warren Girt

Ceased 18/10/2019

CompanyRankvs 785+ SIC 38320 peers
63

Financial strength66th percentile among SIC peers · 17/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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785Essex Tyre Recycling Ltd
58
How is this score calculated?
Financial strength17/25 pts

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

Employees8/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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

£127k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£152k

Current Liabilities

£96k

Fixed Assets

£206k

2avg. employees+2

Balance Sheet

Assets less current liabilities£262k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.58

Derived from filed accounts. Not audited figures.