Company Overview
Plastics Free Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 05 October 2018, so this is a well established company. Plastics Free Ltd has been in business for 7 years and 5 months. The accounts status is micro entity and the accounts are next due on Friday 31 July 2026.
Registered Address

32 Southstand Apartments Highbury Stadium Square, London, N5 1EY
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Companies House Data
Company NamePLASTICS FREE LTD
Company Number11607265
Registered Office Address32 Southstand Apartments Highbury Stadium Square
 N5 1EY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/10/2018
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date02/11/2019
Directors & Members
Show Resigned
Ming Lee - Director
(Malaysian, 34 years old, born January 1992)
Appointed 14 November 2022
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ming Lee
AMELIALEE LTD
MARGO HOMES LTD
SAFIRI LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 190 190 237
Current Assets 8,671 8,671 12,716
Creditors Due Within One Year 9,234 9,234 4,762
Working Cap -563 -563 7,954
Total Assets Less Current Liabilities -373 -373 8,191
Long-term Liabilities 0 0 0
Net Assets -373 -373 8,191
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -373 -373 8,191
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 2.1% 2.1% 1.8%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 97.9% 97.9% 98.2%
Creditors Due Within One Year 104.2% 104.2% 36.8%
Net Current Assets Liabilities -6.4% -6.4% 61.4%
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 -4.2% -4.2% 63.2%
Capital Employed - - -
Total Assets Less Current Liabilities -4.2% -4.2% 63.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 0.9 0.9 2.7
Solvency Ratio 1.0 1.0 2.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 8,861 8,861 12,953
Debt 9,234 9,234 4,762
Net Assets/Debt -373 -373 8,191

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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
Confirmation statement made on 12 February 2026 with updates
Confirmation statement made on 12 February 2025 with updates
Confirmation statement made on 12 February 2024 with no updates
Cessation of Jonathan Charles David as a person with significant control on 23 May 2023
Termination of appointment of Jonathan Charles David as a director on 23 May 2023
Confirmation statement made on 12 February 2023 with updates
Notification of Ming Li Lee as a person with significant control on 14 November 2022
Notification of Jonathan David as a person with significant control on 14 November 2022
Termination of appointment of Hannah Kate Smith as a director on 14 November 2022
Appointment of Miss Ming Li Lee as a director on 14 November 2022
Appointment of Mr Jonathan Charles David as a director on 14 November 2022
Cessation of Hannah Kate Smith as a person with significant control on 1 October 2022
Registered office address changed from 1 Trethellan Hill Newquay Cornwall TR7 1QS to 32 Southstand Apartments Highbury Stadium Square London N5 1EY on 4 November 2022
Confirmation statement made on 4 October 2022 with no updates
Confirmation statement made on 4 October 2021 with no updates
Confirmation statement made on 4 October 2020 with no updates
Confirmation statement made on 4 October 2019 with no updates
Registered office address changed from 61 Parc Godrevy Newquay TR7 1TY United Kingdom to 1 Trethellan Hill Newquay Cornwall TR7 1QS on 8 February 2019
Incorporation
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