SUMMIT RECYCLING SYSTEMS LIMITED

UNIT F, TAME PARK, VANGUARD WILNECOTE, TAMWORTH, B77 5DY

Previous name: SUMMIT RECYCLING LIMITED (changed on 05-Mar-2015)

Company Number: 07132798
Incorporation date: 21-Jan-2010
Status: Active
Entity type: Private Limited Company

SIC codes:
38320 Recovery of sorted materials





SUMMARY

This company is 14.2 years old and is currently active. It is controlled by Mr Michael Charles Jordan. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -172.2 thousand which has worsened since the previous year's figure of GBP -172.2 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 0 in the last reported period. Retained earnings is negative (GBP -172.2 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 20 other companies, 3 (15.0%) of which have since been dissolved or are proposed for strike off. 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-Apr-2025
Accounts Filed: TOTAL EXEMPTION FULL (31-Jul-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Jul-2022 GBP 4 4 172,200 2 -172,198 -172,196
31-Jul-2021 GBP 4 4 172,200 2 -172,198 -172,196
31-Jul-2020 GBP 4 4 172,200 2 -172,198 -172,196
31-Jul-2019 GBP 4 4 172,200 2 -172,198 -172,196
31-Jul-2018 GBP 4 4 172,200 2 -172,198 -172,196
31-Jul-2017 GBP 5,303 5,303 180,485 2 -174,573 -174,571
31-Jul-2016 GBP 60,956 149,093 317,831 2 -167,821 -167,819
31-Jul-2015 GBP 7,825 10,423 85,021 2 -73,345 -73,343
31-Jan-2014 GBP 2 2 2 2

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Ian LOWE 16 May 2014 28 Mar 2024 1 - 0
Resigned Lee ROBSON 21 Jan 2010 16 May 2014 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Keith Andrew BAILEY 10 Oct 2014 31 Mar 2017 Director British 0 - 193 (15.8%)
Active Michael Charles JORDAN 16 May 2014 Director British 15 - 64 (19.0%)
Resigned Samuel Thomas HILL 21 Jan 2010 31 Jul 2012 Director British 3 - 94 (33.3%)
Resigned Lee Colling ROBSON 21 Jan 2010 16 May 2014 Accountant British 1 - 82 (22.2%)
Number of active directors: 1
Average tenure of active directors: 9.9 years
Average tenure of resigned directors: 3.1 years
Average active director Dissolution Rate: 19.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
W.S. & J.A. JORDAN LIMITED (00764994) - Liquidation
RECYCLING OF USED PLASTICS LIMITED (02435729) - Active
SUMMIT SYSTEMS LIMITED (02489937) - Active
TOTAL PROCESS COOLING LIMITED (02598183) - Active
TPC LIMITED (05455437) - Active
SUMMIT RECYCLING SYSTEMS LIMITED (07132798) - Active
SUMMIT SYSTEMS FABRICATION LIMITED (07134045) - Active
STH TRADING LIMITED (07227458) - Active
TH RECYCLING LIMITED (07320228) - Dissolved
TH RECYCLING MACHINERY LIMITED (07320407) - Dissolved
BOOMERANG PLASTICS LIMITED (07321012) - Active
BOOMERANG RECYCLING LIMITED (09427119) - Active
BOOMERANG ENVIRONMENTAL LIMITED (09427203) - Active
BOOMERANG RESOURCES LIMITED (09427237) - Liquidation
SCALED LIMITED (09828171) - Active
SUMMIT CHILLED LIMITED (10820175) - Active
BLOWY BEACH LTD (12650523) - Active
GUSTY SHORE LTD (12654802) - Active
SUMMIT DEFENCE SHIELD LTD (12658010) - Active
SUMMIT PROTECH LTD (13115646) - Active
CALM PADDOCKS LTD (13253899) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SUMMIT RECYCLING SYSTEMS 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: 38320 Recovery of sorted materials)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
DS SMITH RECYCLING UK LIMITED LEVEL 3, 1 PADDINGTON SQUARE, LONDON, UNITED KINGDOM, W2 1DL 00214967 2018-04-30 285,125,000 11,511,000
VIRIDOR RESOURCE MANAGEMENT LIMITED FIRST FLOOR OFFICES, RIVERSIDE HOUSE SIR THOMAS LONGLEY ROAD, MEDWAY CITY ESTATE, ROCHESTER, KENT, UNITED KINGDOM, ME2 4FN 03649069 2018-03-31 110,050,000 1,414,000
MLM LTD LANDMARK HOUSE STATION ROAD, CHEADLE HULME, CHEADLE, ENGLAND, SK8 7BS 05372017 2017-12-31 67,214,756 0 46770-Wholesale of waste and scrap
JOHN R. ADAM & SONS LIMITED 9 CASTLE DRIVE, FALKIRK, SCOTLAND, FK2 7UX SC030140 2017-12-31 61,508,030 762,492
BYWATERS (LEYTON) LIMITED LEA RIVERSIDE, TWELVETREES CRESCENT, BOW, LONDON, E3 3JG 00505212 2016-03-31 42,058,108 12,715,097
CAR TRANSPLANTS LIMITED C/O SYNETIQ LIMITED BENTLEY MOOR LANE, ADWICK-LE-STREET, DONCASTER, ENGLAND, DN6 7BD 02030091 2017-10-31 40,910,904 0
EUROKEY RECYCLING LIMITED KELSALL HOUSE STAFFORD COURT, STAFFORD PARK 1, TELFORD, SHROPSHIRE, ENGLAND, TF3 3BD 03089592 2017-12-31 35,034,406 0
MCGRATH BROS. (WASTE CONTROL) LIMITED LEVEL 5, 10 DOMINION STREET, LONDON, ENGLAND, EC2M 2EF 01600851 2017-11-30 33,886,045 0 43999-Other specialised construction activities not elsewhere classified
46130-Agents involved in the sale of timber and building materials
TOTAL WASTE MANAGEMENT LIMITED TOTAL WASTE MANAGEMENT LIMITED, HOVEFIELDS AVENUE, BASILDON, ESSEX, SS13 1EB 02415498 2018-03-31 22,462,980 0
CHRISTIE & SON (METAL MERCHANTS) LIMITED LOBNITZ DOCK, MEADOWSIDE INDUSTRIAL ESTATE, MEADOWSIDE STREET, RENFREW, PA4 8SY SC068222 2017-06-30 20,208,004 0
TES-AMM (EUROPE) LTD. 10 CROMPTON WAY, NORTH NEWMOOR INDUSTRIAL ESTATE, IRVINE, SCOTLAND, KA11 4HU SC288611 2017-12-31 12,359,911 0
GLJ RECYCLING LIMITED LOWER CHAPEL YARD CWMCARN, CROSS KEYS, NEWPORT, GWENT, NP11 7NL 06345633 2017-08-31 11,904,442 0
RTS WASTE MANAGEMENT LIMITED PLOT 15 MANOR WAY BUSINESS PARK, MANOR WAY, SWANSCOMBE, KENT, ENGLAND, DA10 0PP 05720137 2018-03-31 11,408,923 0
HARPERS ENVIRONMENTAL LIMITED RSM UK RESTRUCTURING ADVISORY LLP, FIFTH FLOOR, CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, LS1 4DL 01866895 2018-03-31 10,499,731 0
NICK BROOKES RECYCLING LIMITED NICK BROOKES RECYCLING LIMITED, WARDLE INDUSTRIAL ESTATE, GREEN LANE WARDLE NR NANTWICH, CHESHIRE, CW5 6DB 06129848 2017-08-31 9,744,013 0
COLERAINE SKIP HIRE & RECYCLING LIMITED 56 CRAIGMORE ROAD, RINGSEND, GARVAGH, COUNTY DERRY, BT51 5HF NI046770 2017-06-30 7,390,732 0 96090-Other service activities not elsewhere classified
METTALIS RECYCLING LIMITED C/O HART SHAW EUROPA LINK, SHEFFIELD BUSINESS PARK, SHEFFIELD, ENGLAND, S9 1XU 08794700 2018-04-30 7,055,923 0
KERFOOT METALS LIMITED WOODPIT COLLIERY YARD VISTA ROAD, HAYDOCK, ST. HELENS, ENGLAND, WA11 0RW 07493171 2018-03-31 5,727,915 0
MCGRATH BROS. WASTE CONTROL (HACKNEY) LIMITED 3RD FLOOR, STERLING HOUSE, LANGSTON ROAD, LOUGHTON, ESSEX, IG10 3TS 08443231 2018-03-31 2,668,303 0 43999-Other specialised construction activities not elsewhere classified
SCRAP TRADE CENTRE LIMITED 54 GUEST STREET, LEIGH, LANCASHIRE, WN7 2HD 08430191 2019-03-31 1,518,950 0
MELTON MOWBRAY TYRE RECYCLING LIMITED PARKDENE, WILTON ROAD, MELTON MOWBRAY, LE13 0UJ 06876260 2018-05-31 1,326,685 0 45320-Retail trade of motor vehicle parts and accessories
STARSPACE HIRE LTD 9TH FLOOR, 7 PARK ROW, LEEDS, LS1 5HD 08670647 2017-08-31 1,278,124 0 56210-Event catering activities
56301-Licensed clubs
MATT METAL LTD ADMIRAL YARD KEEL DRIVE, LETTER BOX 17, SLOUGH, ENGLAND, SL1 2YA 09194983 2017-08-31 767,421 0
PAPYRUS RRR LIMITED THE OLD RECTORY SPRINGHEAD ROAD, NORTHFLEET, GRAVESEND, KENT, ENGLAND, DA11 8HN 08115902 2018-06-30 536,671 0
AUTORECYCLING LIMITED 22A CARNBROE ROAD, BELLSHILL, LANARKSHIRE, ML4 1RS SC360646 2018-07-31 413,821 0
R NORMAN TRANSPORT LIMITED STRAITS MILL, CONVENT LANE, BRAINTREE, ESSEX, CM7 9RP 06951264 2018-07-31 398,864 0
ENVIROPARTS LIMITED 54 GUEST STREET, LEIGH, LANCASHIRE, ENGLAND, WN7 2HD 10126325 2019-03-31 360,012 0
RECYCLING MATERIALS LIMITED 132 BURNT ASH ROAD, LEE, LONDON, SE12 8PU 02450236 2018-03-31 123,906 0
METAL RECYCLING LIMITED 24 SOUTHFIELD, POLEGATE, EAST SUSSEX, UNITED KINGDOM, BN26 5LX 03323288 2017-05-31 93,591 0
HARY PORTER TRADE LTD UNIT 9 VICTORIA INDUSTRIAL PARK, VICTORIA ROAD, DARTFORD, ENGLAND, DA1 5AJ 09741251 2018-08-31 91,431 0
CONTRACT WASTE HANDLING SERVICES LTD RANNOCK HOUSE, GEDDINGTON ROAD, CORBY, NN18 8AA 08522280 2017-05-31 53,356 0
C F RECYCLING LIMITED 44 THE RISE THE RISE, ELSTREE, BOREHAMWOOD, ENGLAND, WD6 3JT 05878131 2018-09-30 53,264 0
B & C DOORS LIMITED 6 CEDAR AVENUE, BIGGLESWADE, BEDFORDSHIRE, SG18 0DE 05240886 2018-03-31 38,925 0 43390-Other building completion and finishing
EXCEL CONTAINERS & RECYCLING LIMITED BUILDING C ASHCROFT ROAD, KNOWSLEY INDUSTRIAL PARK, KNOWSLEY, LIVERPOOL, ENGLAND, L33 7TS 10450092 2018-10-31 15,974 0
MDM CARDBOARD LTD BARBICAN HOUSE, 36 NEW STREET, PLYMOUTH, ENGLAND, PL1 2NA 10069241 2017-03-31 7,200 0
NEASDEN AGGREGATES LIMITED 20 WOODFIELD AVENUE, LONDON, UNITED KINGDOM, W5 1PA 10142598 2018-04-30 0 0
PAUL RIDDEL SKIPS LIMITED RECYCLING CENTRE, HEMINGBY LANE, HORNCASTLE, LINCOLNSHIRE, LN9 5PN 04795359 2018-08-31 0 0
PROCESS SERVERS WEST MIDLANDS LIMITED 59 BIRBECK DRIVE, TELFORD, UNITED KINGDOM, TF7 5TP 09946243 2018-01-31 0 0 53202-Unlicensed carrier
69109-Activities of patent and copyright agents; other legal activities not elsewhere classified
80300-Investigation activities
TEXTILE AND SHOES RECYCLING LTD 91 ROBINS WOOD ROAD, NOTTINGHAM, ENGLAND, NG8 3LA 08934947 2019-03-31 0 0
EUROKEY HOLDINGS LIMITED KELSALL HOUSE STAFFORD COURT, STAFFORD PARK 1, TELFORD, SHROPSHIRE, ENGLAND, TF3 3BD 12345363 0000-00-00 0 0

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
SUMMIT RECYCLING SYSTEMS LIMITED 0.7% 4.1% 7.1% Medium
Other companies Active in the same sector 0.9% 3.8% 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 0.6% 7.2% 9.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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