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RECYTEC-IT LIMITED
7 BELL YARD, LONDON, WC2A 2JRCompany Number: 06703891
Incorporation date: 22-Sep-2008
Status: Active
Entity type: Private Limited Company
SIC codes:
38210 Treatment and disposal of non-hazardous waste
SUMMARY
This company is 16 years old and is currently active. It is controlled by Mr Simon Fonkwa Fonkwo. The company has negative equity (net assets) of GBP -8.2 thousand but has improved from GBP -9.6 thousand in the previous year. The latest reported revenue figure is GBP 28.1 thousand which is down -20% on the previous year. Retained earnings is negative (GBP -8.3 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 1 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Jun-2025Accounts Filed: TOTAL EXEMPTION FULL (30-Sep-2023)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 30-Sep-2023 | GBP | 28,099 | 1,373 | 1,373 | |||
| 30-Sep-2022 | GBP | 35,333 | -2,110 | -2,110 | |||
| 30-Sep-2021 | GBP | 45,128 | 1,361 | 1,361 | |||
| 30-Sep-2020 | GBP | 48,617 | 571 | 571 | |||
| 30-Sep-2019 | GBP | 48,499 | -2,787 | -2,787 | |||
| 30-Sep-2018 | GBP | 60,542 | 1,949 | 1,949 | |||
| 30-Sep-2017 | GBP | 54,494 | -2,325 | -2,325 | |||
| 30-Sep-2016 | GBP | 44,776 | 8,528 | 8,528 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 30-Sep-2023 | GBP | 118 | 118 | 3,788 | 8,810 | 100 | -8,330 | -8,230 | |
| 30-Sep-2022 | GBP | 404 | 404 | 3,359 | 11,898 | 100 | -9,703 | -9,603 | |
| 30-Sep-2021 | GBP | 907 | 907 | 500 | 14,500 | 100 | -7,593 | -7,493 | |
| 30-Sep-2020 | GBP | 1,656 | 1,656 | 13,460 | 100 | -8,954 | -8,854 | ||
| 30-Sep-2019 | GBP | 458 | 458 | 12,833 | 100 | -9,525 | -9,425 | ||
| 30-Sep-2018 | GBP | 1,211 | 1,211 | 12,324 | 100 | -6,738 | -6,638 | ||
| 30-Sep-2017 | GBP | 275 | 275 | 14,862 | 100 | -8,687 | -8,587 | ||
| 30-Sep-2016 | GBP | 1,783 | 1,783 | 14,831 | 100 | -6,398 | -6,298 | ||
| 30-Sep-2015 | GBP | 3,509 | 3,509 | 18,335 | 100 | -14,926 | -14,826 | ||
| 30-Sep-2014 | GBP | 1,774 | 5,274 | 17,151 | 100 | -11,849 | -11,749 | ||
| 30-Sep-2013 | GBP | 1,392 | 4,892 | 5,419 | 5,419 | 100 | -30 | 70 | |
| 30-Sep-2012 | GBP | 821 | 4,321 | 4,471 | 4,660 | 100 | 357 | 457 | |
| 30-Sep-2011 | GBP | 961 | 9,461 | 10,179 | 100 | 241 | 341 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | Helen NDIKUM | 22 Sep 2008 | 05 Oct 2024 | British | 1 - 0 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Simon Fonkwa FONKWO | 22 Sep 2008 | Businessman | British | 1 - 0 | 0 (0.0%) |
Average tenure of active directors: 16.0 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
||
|---|---|---|
| RECYTEC-IT LIMITED (06703891) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
RECYTEC-IT LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
38210 Treatment and disposal of non-hazardous waste)
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38220-Treatment and disposal of hazardous waste |
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| WILLY NILLY LIMITED | BERKELEY COACH HOUSE, WOODS HILL, BATH, UNITED KINGDOM, BA2 7FS | 10107938 | 2017-04-30 | 12,535 | 0 | |
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LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| RECYTEC-IT LIMITED | 0.7% | 3.6% | 7.3% | Medium |
| Other companies Active in the same sector | 1.2% | 4.3% | 6.8% | Medium |
| Age | 0.4% | 1.7% | 3.3% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.5% | 2.1% | 4.2% | Medium |
| Accounting Month | 0.7% | 4.4% | 10.6% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
