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Recycling Textiles Limited

12964120

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • 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)

Details

13A PELHAM STREET, ILKESTON, DE7 8AR
Incorporated 21/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Angela Jean Hawkins

director · Since 21/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Angela Jean Hawkins

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 53

12, Kindlewood Drive, Nottingham, NG9 6NE

Notified 21/10/2020

CompanyRankvs 1584+ SIC 38320 peers
26

Financial strength15th percentile among SIC peers · 4/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees5/15 pts

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

Liquidity6/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/10/2024

Net Worth

-£894

Balance sheet strength

Cash

£296

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£8k

Current Liabilities

£10k

Fixed Assets

£744

Debtors

£8k

1avg. employees

Balance Sheet

Assets less current liabilities-£894
Signed by A Hawkins,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.84
20230.61

Derived from filed accounts. Not audited figures.