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Taurus Recycling Solutions Ltd

12305320

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

18 Riley Close Riley Close, Royal Oak Industrial Estate, Daventry, NN11 8QT
Incorporated 08/11/2019

Compliance

Last accounts

28/02/2023

unaudited abridged

Next accounts due

30/11/2024

Overdue

Confirmation statement

Last: 07/11/2021

Due 21/11/2022

Overdue

Industry

46770
Wholesale of waste and scrap

Officers

Mr Maneesh Sabharwal

director · Since 08/11/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Mr Daniel Graham Walker

director · Since 08/11/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 6 other boards

Maneesh Sabharwal

director · Since 08/11/2019

British · United Kingdom · Age 49

Daniel Graham Walker

director · Since 08/11/2019

British · United Kingdom · Age 47

Persons with Significant Control

Mr Daniel Graham Walker

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

British · United Kingdom · Age 47

18 Riley Close, Riley Close, Daventry, NN11 8QT

Notified 08/11/2019

Mr Maneesh Sabharwal

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

British · England · Age 49

18 Riley Close, Riley Close, Daventry, NN11 8QT

Notified 08/11/2019

Change History

status → active
2026-06-07

Active - Proposal to Strike off

type → ltd
2026-06-07

Private Limited Company

address line1 → 18 Riley Close Riley Close
2026-06-07

18 RILEY CLOSE RILEY CLOSE

post town → Daventry
2026-06-07

DAVENTRY

officer appointed → SABHARWAL, Maneesh
2026-06-07
officer appointed → WALKER, Daniel Graham
2026-06-07

CompanyRankvs 15280+ SIC 46770 peers
14

Financial strength5th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAccounts and CS overdue · 0/15
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1528Taurus Recycling Solutions Ltd
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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 compliance0/15 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 28/02/2023

Net Worth

-£39k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£15k

Current Liabilities

£25k

Debtors

£15k

Balance Sheet

Assets less current liabilities-£10k
Signed by D Walker 30/11/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.60-£207
20220.61-£130k
202115.73+£74k
20206.56—

Derived from filed accounts. Not audited figures.