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Recoveraid Limited

12599495

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 4, NEW HUMBERSTONE HOUSE, LEICESTER, LE5 0TE
Incorporated 13/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr John Davies

director · Since 13/05/2020

CHARTERED ACCOUNTANT

ENGLISH · ENGLAND · Age 75

Also on 8 other boards

Mr Daniel Lee Paul Flowers

director · Since 13/05/2020

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 34

Mr Michael Lee Norwood

director · Since 13/05/2020

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Michael Lee Norwood

25–50% shares
25–50% votes

English · England · Age 39

Suite 4, New Humberstone House, 40 Thurmaston Lane, Leicester, LE5 0TE

Notified 13/05/2020

Mr Daniel Lee Paul Flowers

25–50% shares
25–50% votes

English · United Kingdom · Age 34

Suite 4, New Humberstone House, 40 Thurmaston Lane, Leicester, LE5 0TE

Notified 13/05/2020

CompanyRankvs 36990+ SIC 45200 peers
28

Financial strength15th percentile among SIC peers · 4/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees1/15 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.

Longevity6/15 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 30/11/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£857

Current Liabilities

£5k

0avg. employees-3

Balance Sheet

Assets less current liabilities-£4k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£1k
2023-0.11-£1k
20220.75-£14k
20211.37

Derived from filed accounts. Not audited figures.