Frank Recycling Ltd
12561454
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/04/2020
BUILDER
BRITISH · ENGLAND · Age 62
Also on 3 other boards
Persons with Significant Control
Mr Michael Edward Harris
English · United Kingdom · Age 62
Westminster House, West Street, Axminster, EX13 5NX
Notified 17/04/2020
CompanyRankvs 1891+ SIC 38110 peers52
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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 30/04/2025
Net Worth
-£11k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£39k
Current Liabilities
£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.19 | +£7k |
| 2024 | 2.50 | -£30k |
| 2023 | 3.79 | +£22k |
| 2022 | 0.23 | -£8k |
| 2021 | 0.05 | — |
Derived from filed accounts. Not audited figures.