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Uk Polymers Recycling Ltd

14458857

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)

Details

UNIT C PARK LANE INDUSTRIAL ESTATE PARK LANE, BIRMINGHAM, B21 8LE
Incorporated 02/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Krishan Lal

director · Since 01/07/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 3 other boards

Persons with Significant Control

Mr Vijay Kumar

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

British · United Kingdom · Age 53

70 Court Oak Rd, Birmingham, B17 9TN

Notified 02/11/2022

CompanyRankvs 1635+ SIC 38320 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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1635Uk Polymers Recycling Ltd
31
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.

Employees8/15 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 30/09/2024

Net Worth

-£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£13k

Current Liabilities

£29k

Fixed Assets

£12k

2avg. employees

Balance Sheet

Assets less current liabilities-£5k
Signed by Mr VIJAY KUMAR 03/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.44

Derived from filed accounts. Not audited figures.