CRUCIBLE GYPSUM RECYCLING LIMITED
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Cash
£20K
0% vs 2023
Net assets
-£5M
-12% vs 2023
Employees
—
Average over period
Profit before tax
-£674K
+24.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £177,078 | £0 | -100% | |
| Operating profit | -£653,017 | -£354,757 | +45.7% | |
| Profit before tax | -£895,532 | -£673,513 | +24.8% | |
| Net profit | -£645,788 | -£531,837 | +17.6% | |
| Cash | £20,000 | £20,000 | 0% | |
| Total assets less current liabilities | -£4,089,559 | -£4,696,453 | -14.8% | |
| Net assets | -£4,448,424 | -£4,980,261 | -12% | |
| Equity | -£4,448,424 | -£4,980,261 | -12% | |
| Average employees | 5 | — | — | |
| Wages | £217,679 | — | — | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Current ratio | 0.02x | 0.02x | |
| Interest cover | -2.69x | -1.11x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As at 31 December 2024 the company had net liabilities of £4,980,261 (2023: £4,448,424), however the financial statements have been prepared on a going concern basis as the parent company, Etex Building Performance Limited has pledged its continuing support for a minimum of 12 months from the date of issuing these financial statements by providing a letter of support.”
Significant events
- “As a result of the cessation of operations the directors began negotiations to exit the lease of the building early. These were completed in Q2 2025 and the lease surrendered for a consideration of £600,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SINFIELD, John Haydn | Director | 2025-12-18 | Dec 1965 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUXTON, Richard Guy | Secretary | 2020-11-04 | 2022-12-16 |
| ELLWOOD, Clive Graham | Secretary | 2017-08-02 | 2019-05-31 |
| SCHELFHOUT, Wim | Secretary | 2019-05-31 | 2020-09-11 |
| ASH, Neil Alexander | Director | 2017-08-02 | 2023-03-23 |
| BUXTON, Richard Guy | Director | 2017-08-02 | 2022-12-16 |
| ELLWOOD, Clive Graham | Director | 2017-08-02 | 2019-05-31 |
| MORREY, Nigel Martin | Director | 2023-03-23 | 2025-12-18 |
| SCHELFHOUT, Wim | Director | 2019-05-31 | 2020-09-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Etex Building Performance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-08-02 | Active |
Filing timeline
Last 20 of 31 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-03 | AA | accounts | Accounts with accounts type full | |
| 2023-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-07 | AA | accounts | Accounts with accounts type full | |
| 2021-01-08 | AA | accounts | Accounts with accounts type full | |
| 2020-11-09 | TM01 | officers | Termination director company with name termination date | |
| 2020-11-09 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.