NEW LINE POLYMERS LIMITED
Company number 07919076 · Monitor this company
This company is in liquidation.
Executive summary
New Line Polymers Limited represents a failed venture in the UK non-hazardous waste treatment sector, having entered liquidation after a period of unsustainable, debt-fueled expansion. The company's financial trajectory reveals a complete collapse in working capital and deeply negative net assets, demonstrating an inability to withstand the margin pressures typical of the polymer recycling industry. Consequently, the firm holds no competitive standing, serving solely as a cautionary example of the perils of over-leveraging in a volatile commodity market.
Shareholders' funds
-£2,458,615
Balance sheet as at 2015-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-01-23
- Registered office
- ALPHA HOUSE, 176A HIGH STREET, BARNET, EN5 5SZ
- Postcode
- EN5 5SZ
- Capital
- 1,000 GBP
- Accounts category
- TOTAL EXEMPTION FULL
Accounts
- Last made up to
- 2015-12-31
- Next due by
- 2017-09-30
- Financial year end
- 31 December
Confirmation statement
- Next due by
- 2017-05-21
Nature of business (SIC)
- 38210 Treatment and disposal of non-hazardous waste
Officers 2 current · 12 resigned
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UNIT 23 BENTALL BUSINESS PARK, GLOVER INDUSTRIAL ESTATE, WASHINGTON, TYNE AND WEAR, NE37 3JD | 2017-07-19 |
| UNIT 1A HANLOW COURT ROYAL INDUSTRIAL ESTATE, JARROW, TYNE AND WEAR, NE32 3HR | 2013-07-15 |
| UPPER LAMBTON FARM NEW LAMBTON, HOUGHTON LE SPRING, TYNE AND WEAR, DH4 6DD, UNITED KINGDOM | 2012-10-09 |
The class of 2012
21%
of the 492,231 companies incorporated in 2012 are still active today; 76% 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.