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Greasecycle Ltd

15485825

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

19B FRONT STREET, SACRISTON, DH7 6JS
Incorporated 13/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38110
Collection of non-hazardous waste

Officers

Mr Kevin John Halliday

director · Since 13/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Kevin John Halliday

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Unit 6 Whickham Industrial Estate, Swalwell, Newcastle Upon Tyne, NE16 3DA

Notified 13/02/2024

Mrs Sara Ellen Atkin

25–50% shares
25–50% votes

Irish · United Kingdom · Age 38

Unit 6 Whickham Industrial Estate, Swalwell, NE16 3DA

Notified 13/02/2024

CompanyRankvs 4411+ SIC 38110 peers
23

Financial strength16th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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4411Greasecycle Ltd
23
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.

Employees0/15 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.

Longevity2/15 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 31/03/2025

Net Worth

-£484

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£1k

Current Liabilities

£9k

Fixed Assets

£7k

Balance Sheet

Assets less current liabilities-£484
Signed by Mr Kevin Halliday Mr Kevin Halliday 22/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.16

Derived from filed accounts. Not audited figures.