Shredding Machinery Solutions Limited
12720180
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 04/07/2025
Due 18/07/2026
Industry
Officers
director · Since 03/02/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 3 other boards
Former
director · Resigned 03/02/2025
Persons with Significant Control
Heathpatch Limited
Dairy Farm Office, Dairy Road, Ipswich, IP7 6RA
Notified 03/02/2025
Former PSCs
Mr Adam Grant Collinson
Ceased 03/02/2025
Change History
Active
Private Limited Company
DAIRY FARM OFFICE DAIRY ROAD
IPSWICH
CompanyRankvs 1975+ SIC 28990 peers42
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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 31/10/2024
Net Worth
£118
Balance sheet strength
Cash
£63k
Cash in the bank
Net Current Assets
-£167k
Working capital
Current Assets
£324k
Current Liabilities
£491k
Fixed Assets
£49k
Debtors
£181k
Profit After Tax
-£118k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.66 |
| 2023 | Infinity |
| 2022 | NaN |
Derived from filed accounts. Not audited figures.