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Ian Thompson Waste Recycling Ltd

15500575

active
Private Limited Company
Companies House
Health Score
100 / 100

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

24 WHITFIELD ROAD, NEWCASTLE UPON TYNE, NE12 7LJ
Incorporated 18/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Warren Thompson

director · Since 22/02/2024

HGV DRIVER

BRITISH · UNITED KINGDOM · Age 31

Persons with Significant Control

Mr Warren Thompson

75–100% shares
75–100% votes

British · United Kingdom · Age 31

24, Whitfield Road, Newcastle Upon Tyne, NE12 7LJ

Notified 18/02/2024

Former PSCs

Mr Ryan Thompson

Ceased 11/10/2024

CompanyRankvs 600+ SIC 39000 peers
68

Financial strength80th percentile among SIC peers · 20/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 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 28/02/2025

Turnover

£905k

Annual revenue

Net Worth

£203k

Balance sheet strength

Cash

£317k

Cash in the bank

Profit Before Tax

£232k

Bottom line earnings

Net Current Assets

£203k

Working capital

Current Assets

£330k

Current Liabilities

£127k

Fixed Assets

£0

Debtors

£1k

Cost of Sales

£577k

Gross Profit

£329k

Admin Expenses

£64k

Operating Profit

£232k

3avg. employees

Balance Sheet

Assets less current liabilities£203k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20252.60

Derived from filed accounts. Not audited figures.