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Gp Tyre Recycling Ltd

14093628

active
Private Limited Company
wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

RIVERSIDE GARAGE HEOL SALEM, CARMARTHEN, SA31 3HT
Incorporated 09/05/2022

Compliance

Last accounts

31/05/2024

micro entity

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 08/05/2025

Due 22/05/2026

Overdue

Industry

38110
Collection of non-hazardous waste

Officers

Mr Glyndwr Phillips

director · Since 09/05/2022

DIRECTOR

BRITISH · WALES · Age 45

Also on 6 other boards

Persons with Significant Control

Mr Glyndwr Phillips

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 45

Riverside Garage, Heol Salem, Carmarthen, SA31 3HT

Notified 09/05/2022

Former PSCs

Mr Graham Ross Parry

Ceased 30/09/2025

CompanyRankvs 2167+ SIC 38110 peers
48

Financial strength63th percentile among SIC peers · 16/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 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.

Longevity4/15 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 31/05/2024

Net Worth

£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£13k

Current Liabilities

£76k

Fixed Assets

£80k

3avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£429
20230.04

Derived from filed accounts. Not audited figures.