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Recycle Centre Inc Ltd

14946329

active
Private Limited Company
england wales
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

FISHERMANS WHARF, BOLTON, BL3 6BW
Incorporated 19/06/2023

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 14/03/2025

Due 28/03/2026

Overdue

Industry

38110
Collection of non-hazardous waste
38120
Collection of hazardous waste
46770
Wholesale of waste and scrap

Officers

Mr Nadeem Asghar

director · Since 01/11/2024

DIRECTOR

FRENCH · ENGLAND · Age 55

Persons with Significant Control

Mr Nadeem Asghar

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

French · England · Age 55

Fishermans Wharf, Nile Street, Bolton, BL3 6BW

Notified 01/11/2024

Former PSCs

Mr Abdullah Rana

Ceased 31/10/2024

CompanyRankvs 4013+ SIC 38110 peers
28

Financial strength10th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.09× · 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 strength3/25 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.

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 30/06/2024

Net Worth

-£10k

Balance sheet strength

Cash

£351

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£351

Current Liabilities

£4k

Fixed Assets

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£4k
Signed by Mr Nadeem Asghar 17/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.09

Derived from filed accounts. Not audited figures.