Company Overview
Emerge Recycling Limited is a Converted / Closed Converted / Closed. The company was incorporated on Wednesday 04 August 1999, so this is a well established company. Emerge Recycling Limited has been in business for 26 years and 7 months. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2020.
Registered Address

Units E1-4 New Smithfield Market, Openshaw, Manchester, M11 2WJ
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Companies House Data
Company NameEMERGE RECYCLING LIMITED
Company Number03819791
Registered Office AddressUnits E1-4 New Smithfield Market
 Openshaw
 M11 2WJ
Company CategoryConverted / Closed
Company StatusConverted / Closed
Country of OriginUnited Kingdom
Incorporation Date04/08/1999
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/03/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/09/2016
Returns Last Made Up Date04/08/2015
Previous Company NameChanged Date
AWARE NW (ACTION FOR WASTE AWARENESS, & RESOURCE EDUCATION NORTH WEST)28 Apr 2009
VERGE RECYCLING02 Jun 2004
Directors & Members
Show Resigned
Lucy Danger - Director
(British, 58 years old, born November 1968)
Appointed 04 August 1999
 Active
Gareth Jones - Director
(British, 45 years old, born January 1981)
Appointed 19 December 2017
 Active
Stuart McBain - Director
(British, 62 years old, born September 1964)
Appointed 17 May 2012
 Active
Glynn Oakley - Director
(British, 80 years old, born July 1946)
Appointed 04 August 2011
 Active
Secretaries
Show Resigned
Lucy Danger - Secretary
(British)
Appointed 01 June 2000
 Active
Other Company Directorships
Lucy Danger
COMMUNITY RECYCLING NETWORK
DEBDALE ECO-CENTRE LTD
EMERGE 3RS
EMERGE FOOD LIMITED
FARESHARE
KINGFISHER COURT (WOODSTOCK) RESIDENTS COMPANY LIMITED
MANCHESTER SETTLEMENT
MAXTRAX COMMUNITY INTEREST COMPANY
REALLIANCE ECONOMY COMMUNITY INTEREST COMPANY
WASTE WATCH
Gareth Jones
No companies found
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Balance Sheet Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Balance Sheet
Fixed Assets 97,618 138,132 14,118
Current Assets 87,395 57,391 90,201
Creditors Due Within One Year 119,634 117,921 116,947
Working Cap -32,239 -60,530 -26,746
Total Assets Less Current Liabilities 65,379 77,602 -12,628
Long-term Liabilities 75,085 88,697 9,610
Net Assets -9,706 -11,095 -22,238
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -9,706 -11,095 -22,238
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Tangible Fixed Assets - - -
Fixed Assets 52.8% 70.6% 13.5%
Stocks Inventory - - -
Debtors 36.0% 27.0% 81.8%
Cash Bank In Hand 8.1% 1.7% 1.5%
Current Assets 47.2% 29.4% 86.5%
Creditors Due Within One Year 64.7% 60.3% 112.1%
Net Current Assets Liabilities -17.4% -31.0% -25.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -5.2% -5.7% -21.3%
Capital Employed - - -
Total Assets Less Current Liabilities 35.3% 39.7% -12.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Liquidity Ratio 0.7 0.5 0.8
Solvency Ratio 1.0 0.9 0.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Assets 185,013 195,523 104,319
Debt 194,719 206,618 126,557
Net Assets/Debt -9,706 -11,095 -22,238
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Miscellaneous
Resolutions
Termination of appointment of Andrew Roger Chicken as a director on 15 October 2019
Confirmation statement made on 4 August 2019 with no updates
Appointment of Mr Andrew Roger Chicken as a director on 31 October 2018
Confirmation statement made on 4 August 2018 with no updates
Appointment of Mr Gareth Huw Pryce Jones as a director on 19 December 2017
Confirmation statement made on 4 August 2017 with no updates
Confirmation statement made on 4 August 2016 with updates
Annual return made up to 4 August 2015 no member list
Registration of charge 038197910001, created on 22 January 2015
Annual return made up to 4 August 2014 no member list
Annual return made up to 4 August 2013 no member list
Termination of appointment of Michael Painter as a director
Annual return made up to 4 August 2012 no member list
Secretary's details changed for Lucy Jane Danger on 14 August 2012
Appointment of Mr Stuart Mcbain as a director
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