{"name":"POLYWASTE UK LTD","company_number":"07630501","status":"In Administration","type":"Private Limited Company","incorporated":"2011-05-11","dissolved":null,"registered_office":"Unit 4, Lion Business Centre Lamberhead Industrial Estate, Leopold Street, Wigan, England, WN5 8EG","postcode":"WN5 8EG","sic_codes":[{"code":38320,"description":"Recovery of sorted materials"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Micro","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":17,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":-24011,"average_employees":17},{"financial_date":"2024-03-31","net_assets":3078,"average_employees":14},{"financial_date":"2023-03-31","net_assets":40916},{"financial_date":"2022-03-31","net_assets":6154},{"financial_date":"2021-03-31","net_assets":13285}],"officers":{"current":2,"resigned":1,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2026-10-29","kind":"insolvency"}],"insolvency_outcome":null,"ai_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.","website":"http://www.polywasteuk.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/polywaste-uk","people":"https://www.companiesintheuk.co.uk/company/polywaste-uk/people","filing_history":"https://www.companiesintheuk.co.uk/company/polywaste-uk/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07630501","financials":"https://www.companiesintheuk.co.uk/company/polywaste-uk/financial","gazette":"https://www.companiesintheuk.co.uk/company/polywaste-uk/gazette","control":"https://www.companiesintheuk.co.uk/company/polywaste-uk/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/polywaste-uk/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/polywaste-uk"}