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Waste Rite Clearances Ltd

12849575

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

171 THE RIDE, ENFIELD, EN3 7EF
Incorporated 01/09/2020

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

28/03/2027

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr Darren Leon Nelson

director · Since 01/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Darren Leon Nelson

25–50% shares

British · England · Age 47

171, The Ride, Enfield, EN3 7EF

Notified 01/09/2020

Former PSCs

Ms Charmaine Coleen Moses

Ceased 31/10/2024

CompanyRankvs 2374+ SIC 38110 peers
46

Financial strength13th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.45× · 20/20
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 strength3/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 30/06/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£52k

Current Liabilities

£15k

Fixed Assets

£170

0avg. employees

Balance Sheet

Assets less current liabilities£52k
Signed by 1.7.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20253.45+£0
20253.45-£1k
20241.08+£13k
20230.01-£18k
20212.12

Derived from filed accounts. Not audited figures.