Company Overview
Waste Systems Ltd is a Dissolved Private Limited Company.
Registered Address

C/O Interpath Advisory Suite 209 Arthur House, 41 Arthur Street, Belfast, Antrim, BT1 4GB
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Companies House Data
Company NameWASTE SYSTEMS LTD
Company NumberNI072202
Registered Office AddressC/O Interpath Advisory Suite 209 Arthur House
 41 Arthur Street
 BT1 4GB
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date30/03/2009
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2019
Accounts Last Made Up Date31/05/2017
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date27/04/2017
Returns Last Made Up Date30/03/2016
Directors & Members
Show Resigned
Allen Martin - Director
(British, 54 years old, born July 1972)
Appointed 02 August 2016
 Active
Secretaries
Show Resigned
Other Company Directorships
Allen Martin
CIRDAN IMAGING LIMITED
DATACTICS LIMITED
NORTHERN IRELAND RAPE CRISIS ASSOCIATION
RAVENHILL CONSULTING LIMITED
THE NOW PROJECT LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Balance Sheet
Fixed Assets 1,260,515 1,514,409 1,367,537
Current Assets 427,494 708,113 951,916
Creditors Due Within One Year 748,375 962,131 712,171
Working Cap -320,881 -254,018 239,745
Total Assets Less Current Liabilities 939,634 1,260,391 1,607,282
Long-term Liabilities 1,284,582 1,557,955 785,979
Net Assets -344,948 -297,564 821,303
Share Capital & Reserves
Share Cap - 300 300
Profit & Loss Reserves - -544,844 574,023
Other Reserves - 246,980 246,980
Shareholders Funds -344,948 -297,564 821,303
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Tangible Fixed Assets - 34.6% 22.6%
Fixed Assets 74.7% 68.1% 59.0%
Stocks Inventory - 6.6% 17.5%
Debtors 5.5% 8.5% 8.2%
Cash Bank In Hand - 16.7% 0.3%
Current Assets 25.3% 31.9% 41.0%
Creditors Due Within One Year 44.3% 43.3% 30.7%
Net Current Assets Liabilities -19.0% -11.4% 10.3%
Creditors Due After One Year - 61.4% 33.9%
Accruals Deferred Income - 8.7% 6.5%
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - -13.4% 35.4%
Called Up Share Capital - 0.0% 0.0%
Share Capital Allotted Called Up Paid - 0.0% 0.0%
Profit Loss Account Reserve - -24.5% 24.7%
Shareholder Funds -20.4% -13.4% 35.4%
Capital Employed - - -
Total Assets Less Current Liabilities 55.7% 56.7% 69.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2017 31-May-2016 31-May-2015
Liquidity Ratio 0.6 0.7 1.3
Solvency Ratio 0.8 0.9 1.5
Reserves to Assets - -0.2 0.2
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-May-2017 31-May-2016 31-May-2015
Assets 1,688,009 2,222,522 2,319,453
Debt 2,032,957 2,520,086 1,498,150
Net Assets/Debt -344,948 -297,564 821,303
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
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from C/O Interpath Advisory Suite 209 Arthur House 1 Arthur Street Belfast Antrim BT1 4GB to C/O Interpath Advisory Suite 209 Arthur House 41 Arthur Street Belfast Antrim BT1 4GB on 7 February 2023
Registered office address changed from C/O Kpmg the Soloist Building 1 Lanyon Place Belfast County Antrim BT1 3LP to C/O Interpath Advisory Suite 209 Arthur House 1 Arthur Street Belfast Antrim BT1 4GB on 26 January 2023
Statement of receipts and payments to 12 August 2022
Statement of receipts and payments to 12 August 2021
Statement of receipts and payments to 12 August 2020
Statement of receipts and payments to 12 August 2020
Appointment of a liquidator
Administrator's progress report to 12 August 2019
Notice of move from Administration to Creditors Voluntary Liquidation
Administrator's progress report to 5 March 2019
Notice of result of meeting of creditors
Statement of Administrator's proposal
Statement of affairs
Registered office address changed from 7 Landahussy Road Plumbridge Omagh County Tyrone BT79 8EQ to C/O Kpmg the Soloist Building 1 Lanyon Place Belfast County Antrim BT1 3LP on 14 September 2018
Appointment of an administrator
Termination of appointment of Kevin William Francis Houston Obe as a director on 28 August 2018
Confirmation statement made on 30 March 2018 with updates
Cessation of Patrick Ignatius Ward as a person with significant control on 9 November 2017
Notification of Jennifer Ward as a person with significant control on 9 November 2017
Termination of appointment of Patrick Ignatius Ward as a director on 2 November 2017
Confirmation statement made on 30 March 2017 with updates
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