Envar Composting (North) Limited
12848740
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/08/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 10 other boards
Persons with Significant Control
Fgs Organics Limited
Stanford Bridge Farm, Station Road, Ashford, TN27 0RU
Reg: 05684308 · Companies House · Corporate
Notified 31/08/2020
Charges1 outstanding
HSBC UK BANK PLC AS SECURITY AGENT
HSBC UK BANK PLC
CompanyRankvs 51685+ SIC 99999 peers22
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 30/04/2023
Turnover
£1.7M
Annual revenue
Net Worth
-£107k
Balance sheet strength
Cash
£67k
Cash in the bank
Profit Before Tax
£28k
Bottom line earnings
Net Current Assets
-£164k
Working capital
Current Assets
£480k
Current Liabilities
£644k
Fixed Assets
£58k
Debtors
£382k
Cost of Sales
£982k
Gross Profit
£693k
Admin Expenses
£645k
Operating Profit
£48k
Profit After Tax
£49k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.74 | +£49k |
| 2022 | 0.53 | -£113k |
| 2021 | 0.60 | — |
Derived from filed accounts. Not audited figures.