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Recotex Ltd

14673908

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

4 OFFICE VILLAGE FORDER WAY, PETERBOROUGH, PE7 8GX
Incorporated 18/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Mohammed Bilal Ikram

director · Since 18/02/2023

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 34

Also on 2 other boards

Mr Asif Rashid

director · Since 18/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Miss Hijab Rashid

director · Since 18/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Mr Ikram Ulhaq

director · Since 18/02/2023

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Persons with Significant Control

Mr Asif Rashid

Significant control

British · United Kingdom · Age 42

Fortus East Ltd, 4 Office Village, Forder Way, Hampton, Peterborough, PE7 8GX

Notified 18/02/2023

Mr Ikram Ulhaq

Significant control

British · United Kingdom · Age 65

Fortus East Ltd, 4 Office Village, Forder Way, Hampton, Peterborough, PE7 8GX

Notified 18/02/2023

CompanyRankvs 57848+ SIC 41100 peers
38

Financial strength14th percentile among SIC peers · 4/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity3/15 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 28/02/2025

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£343k

Working capital

Current Assets

£2k

Current Liabilities

£345k

Fixed Assets

£330k

4avg. employees+4

Balance Sheet

Assets less current liabilities-£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£4k
20240.09

Derived from filed accounts. Not audited figures.