Company Overview
Loop Recycling Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 14 May 2019. Loop Recycling Limited has been in business for 6 years and 10 months. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

57 Durham Street, Glasgow, G41 1BS
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Companies House Data
Company NameLOOP RECYCLING LIMITED
Company NumberSC630454
Registered Office Address57 Durham Street
 G41 1BS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/2019
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date11/06/2020
Directors & Members
Show Resigned
Paul Frazher - Director
(British, 49 years old, born January 1977)
Appointed 14 May 2019
 Active
Vari McGale - Director
(British, 48 years old, born August 1978)
Appointed 26 July 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Paul Frazher
A.C.C. PACKAGING LTD.
CALEDONIAN PALLET SERVICES LIMITED
CALEDONIAN TIMBER PRODUCTS LIMITED
FRESHBALE LTD.
HILLINGTON STORAGE LIMITED
LOOP RECYCLING EAST LIMITED
RECYCLED PACKAGING (SCOTLAND) LTD.
RECYCLED PACKAGING LTD.
S & V SUPPLIES (SCOTLAND) LIMITED
SPAN (UK) LTD
SPAN HOLDINGS (SCOTLAND) LTD
Vari McGale
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 182,211 182,211 79,307
Current Assets 263,198 263,198 144,162
Creditors Due Within One Year 173,169 173,169 140,608
Working Cap 90,029 90,029 3,554
Total Assets Less Current Liabilities 272,240 272,240 82,861
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 40.9% 40.9% 35.5%
Stocks Inventory - - -
Debtors 43.1% 43.1% 47.8%
Cash Bank In Hand 16.0% 16.0% 16.7%
Current Assets 59.1% 59.1% 64.5%
Creditors Due Within One Year 38.9% 38.9% 62.9%
Net Current Assets Liabilities 20.2% 20.2% 1.6%
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 - - -
Capital Employed - - -
Total Assets Less Current Liabilities 61.1% 61.1% 37.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Liquidity Ratio 1.5 1.5 1.0
Solvency Ratio - - -
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-May-2025 31-May-2022 31-May-2021
Assets 445,409 445,409 223,469
Debt - - -
Net Assets/Debt - - -

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency.   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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency.

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 14 May 2025 with updates
Confirmation statement made on 14 May 2024 with updates
Confirmation statement made on 14 May 2023 with updates
Registered office address changed from 10-12 Muriel Street Barrhead Glasgow G78 1QB Scotland to 57 Durham Street Glasgow G41 1BS on 13 January 2023
Confirmation statement made on 14 May 2022 with updates
Director's details changed for Mrs Vari Leigh Mcgale on 3 May 2022
Confirmation statement made on 14 May 2021 with updates
Confirmation statement made on 14 May 2020 with updates
Cessation of Ryan Crawford as a person with significant control on 15 July 2019
Notification of Vari Leigh Mcgale as a person with significant control on 15 July 2019
Notification of Paul Stephen Frazher as a person with significant control on 15 July 2019
Notification of Neill Jeffrey Frazher as a person with significant control on 15 July 2019
Director's details changed for Mrs Vari Leigh Mcgale on 12 May 2020
Director's details changed for Mrs Vari Leigh Mcgale on 26 July 2019
Appointment of Mrs Vari Leigh Mcgale as a director on 26 July 2019
Termination of appointment of Ryan Crawford as a director on 15 July 2019
Correction of a Director's date of birth incorrectly stated on incorporation / mr ryan crawford
Incorporation
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