POLYWASTE UK LTD
Company number 07630501 · Monitor this company
Executive summary
Polywaste UK Ltd is in critical financial condition, having entered administration with negative net assets of £24,011 and a working capital deficit of £84,868 after two years of heavy losses erased its modest reserves. The company has operated on wafer-thin solvency margins throughout its history, with just £1 of share capital providing no buffer against shocks. Its future now depends on the administration process — rescue, sale, or closure — and any viable path forward would require substantial recapitalization and cost restructuring.
Shareholders' funds
-£24,011
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-05-11
- Employees
- 17 (2025 accounts · was 14 in 2024)
- Registered office
- Unit 4, Lion Business Centre Lamberhead Industrial Estate, Leopold Street, Wigan, England, WN5 8EG
- Postcode
- WN5 8EG
- Capital
- 1 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-05-11
- Next due by
- 2027-05-25
Nature of business (SIC)
- 38320 Recovery of sorted materials
Officers 2 current · 1 resigned
Contact details
- Website
- http://www.polywasteuk.co.uk
The class of 2011
22%
of the 226 companies in this sector incorporated in 2011 are still active today; 73% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.