Textile Recycling International Newco Limited
15630160
Some Concerns
- Confirmation statement overdue (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 08/04/2026
Due 22/04/2027
Industry
Officers
director · Since 09/04/2024
FUND MANAGER
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
director · Since 01/05/2025
DIRECTOR
BRITISH · SCOTLAND · Age 65
Also on 1 other board
director · Since 01/05/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
Former
director · Resigned 31/07/2024
director · Resigned 31/01/2025
director · Resigned 16/12/2025
director · Resigned 10/04/2026
Persons with Significant Control
Textile Recycling International Topco Limited
Beldray Works, Beldray Road, Wolverhampton, WV14 7NH
Reg: 15629700 · England & Wales · Private Company Limited By Shares
Notified 09/04/2024
Charges3 outstanding
LGT PRIVATE DEBT (UK) LTD. AS SECURITY AGENT
LGT PRIVATE DEBT (UK) LTD.
LGT PRIVATE DEBT (UK) LTD. AS SECURITY TRUSTEE
Change History
Active
Private Limited Company
BELDRAY WORKS BELDRAY ROAD
WOLVERHAMPTON
CompanyRankvs 70160+ SIC 70100 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going c
Key FinancialsYear ending 31/03/2025
Turnover
£3.7M
Annual revenue
Net Worth
£8.7M
Balance sheet strength
Cash
£232k
Cash in the bank
Profit Before Tax
-£817k
Bottom line earnings
Net Current Assets
-£808k
Working capital
Current Assets
£447k
Current Liabilities
£1.3M
Fixed Assets
£9.5M
Debtors
£216k
Gross Profit
£3.7M
Admin Expenses
£4.5M
Operating Profit
-£817k
Profit After Tax
-£808k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.36 |
Derived from filed accounts. Not audited figures.
Filing History22 filings
change corporate secretary company with change date
termination director company with name termination date
accounts with accounts type full
appoint person director company with name date
appoint person director company with name date
termination director company with name termination date
appoint person director company with name date
appoint corporate secretary company with name date
appoint person director company with name date
appoint person director company with name date
confirmation statement with updates
appoint person director company with name date
appoint person director company with name date
termination director company with name termination date
termination director company with name termination date
change account reference date company current extended
mortgage create with deed with charge number charge creation date
mortgage create with deed with charge number charge creation date
mortgage create with deed with charge number charge creation date
capital allotment shares
incorporation company
change account reference date company current shortened