castle waste services limited Company Information
Company Number
01359619
Next Accounts
Sep 2025
Industry
Treatment and disposal of hazardous waste
Shareholders
castle environmental management limited
Group Structure
View All
Contact
Registered Address
treatment centre, crompton road, ilkeston, derbyshire, DE7 4BG
castle waste services limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE WASTE SERVICES LIMITED at £40.6m based on a Turnover of £36.8m and 1.1x industry multiple (adjusted for size and gross margin).
castle waste services limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE WASTE SERVICES LIMITED at £41.6m based on an EBITDA of £7m and a 5.93x industry multiple (adjusted for size and gross margin).
castle waste services limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE WASTE SERVICES LIMITED at £44.1m based on Net Assets of £17.6m and 2.51x industry multiple (adjusted for liquidity).
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Castle Waste Services Limited Overview
Castle Waste Services Limited is a live company located in ilkeston, DE7 4BG with a Companies House number of 01359619. It operates in the treatment and disposal of hazardous waste sector, SIC Code 38220. Founded in March 1978, it's largest shareholder is castle environmental management limited with a 100% stake. Castle Waste Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £36.8m with high growth in recent years.
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Castle Waste Services Limited Health Check
Pomanda's financial health check has awarded Castle Waste Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £36.8m, make it larger than the average company (£13.2m)
£36.8m - Castle Waste Services Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (10%)
21% - Castle Waste Services Limited
10% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (32.2%)
29.2% - Castle Waste Services Limited
32.2% - Industry AVG
Profitability
an operating margin of 14% make it more profitable than the average company (8.7%)
14% - Castle Waste Services Limited
8.7% - Industry AVG
Employees
with 78 employees, this is above the industry average (61)
78 - Castle Waste Services Limited
61 - Industry AVG
Pay Structure
on an average salary of £70.6k, the company has a higher pay structure (£50.7k)
£70.6k - Castle Waste Services Limited
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £472.3k, this is more efficient (£178.8k)
£472.3k - Castle Waste Services Limited
£178.8k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (61 days)
54 days - Castle Waste Services Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is close to average (45 days)
44 days - Castle Waste Services Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Castle Waste Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (3 weeks)
50 weeks - Castle Waste Services Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.6%, this is a lower level of debt than the average (66.5%)
24.6% - Castle Waste Services Limited
66.5% - Industry AVG
CASTLE WASTE SERVICES LIMITED financials
Castle Waste Services Limited's latest turnover from December 2023 is £36.8 million and the company has net assets of £17.6 million. According to their latest financial statements, Castle Waste Services Limited has 78 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 36,837,000 | 25,970,000 | 24,490,000 | 20,758,000 | 19,133,000 | 16,207,000 | 15,547,000 | 15,176,000 | 13,798,000 | 11,189,000 | 10,352,159 | 10,458,924 | 8,548,131 | 8,339,370 | 6,200,741 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 26,098,000 | 19,712,000 | 17,496,000 | 15,601,000 | 14,357,000 | 12,837,000 | 11,989,000 | 12,119,000 | 10,354,000 | 8,796,000 | 7,825,299 | 7,958,534 | 6,278,477 | 6,211,779 | 5,021,527 |
Gross Profit | 10,739,000 | 6,258,000 | 6,994,000 | 5,157,000 | 4,776,000 | 3,370,000 | 3,558,000 | 3,057,000 | 3,444,000 | 2,393,000 | 2,526,860 | 2,500,390 | 2,269,654 | 2,127,591 | 1,179,214 |
Admin Expenses | 5,589,000 | 4,224,000 | 3,604,000 | 3,160,000 | 2,697,000 | 2,506,000 | 2,219,000 | 2,797,000 | 2,386,000 | 1,920,000 | 1,880,294 | 2,079,313 | 1,688,274 | 1,928,105 | |
Operating Profit | 5,150,000 | 2,034,000 | 3,390,000 | 1,997,000 | 2,079,000 | 864,000 | 1,339,000 | 260,000 | 1,058,000 | 473,000 | 646,566 | 421,077 | 581,380 | 199,486 | |
Interest Payable | 0 | 0 | 4,000 | 6,000 | 7,000 | 7,000 | 7,000 | 8,000 | 6,000 | 2,000 | 2,289 | 2,254 | 2,945 | 0 | 0 |
Interest Receivable | 175,000 | 0 | 0 | 4,000 | 15,000 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 5,325,000 | 2,034,000 | 3,386,000 | 1,995,000 | 2,087,000 | 857,000 | 1,332,000 | 257,000 | 1,057,000 | 471,000 | 655,733 | 418,823 | 614,760 | 199,486 | -746,887 |
Tax | 5,177,000 | -336,000 | -711,000 | -314,000 | -339,000 | -123,000 | -132,000 | 257,000 | -256,000 | -127,000 | -168,292 | -133,778 | -114,790 | -62,457 | 132,190 |
Profit After Tax | 10,502,000 | 1,698,000 | 2,675,000 | 1,681,000 | 1,748,000 | 734,000 | 1,200,000 | 514,000 | 801,000 | 344,000 | 487,441 | 285,045 | 499,970 | 137,029 | -614,697 |
Dividends Paid | 3,300,000 | 0 | 0 | 2,400,000 | 0 | 0 | 0 | 0 | 1,080,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 7,202,000 | 1,698,000 | 2,675,000 | -719,000 | 1,748,000 | 734,000 | 1,200,000 | 514,000 | -279,000 | 344,000 | 487,441 | 285,045 | 499,970 | 137,029 | -614,697 |
Employee Costs | 5,508,000 | 4,240,000 | 4,109,000 | 3,584,000 | 3,117,000 | 2,747,000 | 2,532,000 | 2,905,000 | 2,719,000 | 2,616,000 | 2,577,207 | 2,520,799 | 2,195,951 | 1,755,642 | 1,561,234 |
Number Of Employees | 78 | 77 | 79 | 72 | 59 | 53 | 53 | 61 | 52 | 48 | 46 | 49 | 45 | 38 | 42 |
EBITDA* | 7,009,000 | 3,290,000 | 4,235,000 | 2,638,000 | 2,507,000 | 1,261,000 | 1,726,000 | 906,000 | 1,597,000 | 872,000 | 1,019,472 | 883,624 | 1,095,939 | 735,647 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 7,414,000 | 7,615,000 | 7,383,000 | 4,971,000 | 3,134,000 | 2,411,000 | 2,429,000 | 4,024,000 | 3,959,000 | 2,521,000 | 2,366,973 | 2,409,628 | 2,531,328 | 2,558,465 | 2,863,296 |
Intangible Assets | 73,000 | 88,000 | 100,000 | 102,000 | 57,000 | 46,000 | 7,000 | 9,000 | 10,000 | 12,000 | 12,955 | 5,801 | 7,736 | 10,315 | 23,261 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,080,000 | 1,079,539 | 1,079,539 | 1,079,539 | 1,079,539 | 1,079,539 |
Debtors (Due After 1 year) | 3,851,000 | 0 | 0 | 0 | 3,272,000 | 0 | 300,000 | 300,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 11,338,000 | 7,703,000 | 7,483,000 | 5,073,000 | 6,463,000 | 2,457,000 | 2,736,000 | 4,333,000 | 4,269,000 | 3,613,000 | 3,459,467 | 3,494,968 | 3,618,603 | 3,648,319 | 3,966,096 |
Stock & work in progress | 0 | 107,000 | 198,000 | 141,000 | 0 | 0 | 0 | 136,000 | 1,000 | 2,000 | 5,206 | 4,201 | 3,733 | 2,700 | 1,313 |
Trade Debtors | 5,495,000 | 5,875,000 | 4,326,000 | 4,430,000 | 4,269,000 | 3,439,000 | 2,306,000 | 3,041,000 | 3,337,000 | 2,936,000 | 1,841,230 | 2,484,274 | 2,001,827 | 1,866,629 | 984,900 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 2,012,000 | 1,815,000 | 0 | 1,000 | 454,000 | 351,912 | 0 | 0 | 0 | 0 |
Misc Debtors | 904,000 | 337,000 | 694,000 | 263,000 | 625,000 | 555,000 | 143,000 | 152,000 | 139,000 | 122,000 | 160,870 | 110,950 | 58,908 | 55,319 | 96,344 |
Cash | 5,576,000 | 4,743,000 | 4,170,000 | 3,311,000 | 1,291,000 | 1,836,000 | 1,913,000 | 584,000 | 278,000 | 2,133,000 | 2,271,873 | 2,019,486 | 1,783,824 | 1,390,722 | 977,522 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 11,975,000 | 11,062,000 | 9,388,000 | 8,145,000 | 6,185,000 | 7,842,000 | 6,177,000 | 3,913,000 | 3,756,000 | 5,647,000 | 4,631,091 | 4,618,911 | 3,848,292 | 3,315,370 | 2,060,079 |
total assets | 23,313,000 | 18,765,000 | 16,871,000 | 13,218,000 | 12,648,000 | 10,299,000 | 8,913,000 | 8,246,000 | 8,025,000 | 9,260,000 | 8,090,558 | 8,113,879 | 7,466,895 | 6,963,689 | 6,026,175 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 261,000 | 26,000 | 27,000 | 27,000 | 27,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 3,197,000 | 3,800,000 | 3,457,000 | 3,015,000 | 2,718,000 | 2,652,000 | 1,871,000 | 2,362,000 | 2,583,000 | 2,356,000 | 1,734,827 | 1,597,289 | 1,212,913 | 1,271,994 | 924,172 |
Group/Directors Accounts | 816,000 | 1,590,000 | 2,228,000 | 1,328,000 | 1,280,000 | 1,167,000 | 1,157,000 | 994,000 | 994,000 | 0 | 0 | 59,199 | 72,483 | 100,989 | 154,965 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 85,000 | 89,000 | 89,000 | 0 | 0 | 4,000 | 82,000 | 57,000 | 0 | 18,000 | 21,600 | 21,600 | 21,472 | 53,812 |
other current liabilities | 1,723,000 | 1,844,000 | 1,460,000 | 1,887,000 | 1,408,000 | 1,061,000 | 1,172,000 | 1,083,000 | 1,121,000 | 1,056,000 | 879,053 | 1,392,130 | 1,280,837 | 1,249,372 | 812,344 |
total current liabilities | 5,736,000 | 7,319,000 | 7,234,000 | 6,580,000 | 5,432,000 | 4,907,000 | 4,231,000 | 4,548,000 | 4,755,000 | 3,412,000 | 2,631,880 | 3,070,218 | 2,587,833 | 2,643,827 | 1,945,293 |
loans | 0 | 0 | 0 | 0 | 255,000 | 277,000 | 296,000 | 314,000 | 404,000 | 2,899,000 | 2,899,469 | 2,960,983 | 3,029,098 | 3,069,365 | 3,008,398 |
hp & lease commitments | 0 | 26,000 | 106,000 | 191,000 | 0 | 0 | 0 | 125,000 | 119,000 | 0 | 0 | 18,000 | 39,600 | 0 | 21,473 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 26,000 | 26,000 | 34,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 1,019,000 | 828,000 | 411,000 | 240,000 | 142,000 | 147,000 | 220,000 | 222,000 | 145,000 | 98,713 | 91,623 | 122,354 | 62,457 | 0 |
total long term liabilities | 0 | 1,071,000 | 960,000 | 636,000 | 495,000 | 419,000 | 443,000 | 659,000 | 745,000 | 3,044,000 | 2,998,182 | 3,070,606 | 3,191,052 | 3,131,822 | 3,029,871 |
total liabilities | 5,736,000 | 8,390,000 | 8,194,000 | 7,216,000 | 5,927,000 | 5,326,000 | 4,674,000 | 5,207,000 | 5,500,000 | 6,456,000 | 5,630,062 | 6,140,824 | 5,778,885 | 5,775,649 | 4,975,164 |
net assets | 17,577,000 | 10,375,000 | 8,677,000 | 6,002,000 | 6,721,000 | 4,973,000 | 4,239,000 | 3,039,000 | 2,525,000 | 2,804,000 | 2,460,496 | 1,973,055 | 1,688,010 | 1,188,040 | 1,051,011 |
total shareholders funds | 17,577,000 | 10,375,000 | 8,677,000 | 6,002,000 | 6,721,000 | 4,973,000 | 4,239,000 | 3,039,000 | 2,525,000 | 2,804,000 | 2,460,496 | 1,973,055 | 1,688,010 | 1,188,040 | 1,051,011 |
Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 5,150,000 | 2,034,000 | 3,390,000 | 1,997,000 | 2,079,000 | 864,000 | 1,339,000 | 260,000 | 1,058,000 | 473,000 | 646,566 | 421,077 | 581,380 | 199,486 | |
Depreciation | 1,844,000 | 1,244,000 | 838,000 | 634,000 | 427,000 | 395,000 | 385,000 | 646,000 | 537,000 | 398,000 | 370,148 | 460,612 | 511,980 | 528,408 | 427,941 |
Amortisation | 15,000 | 12,000 | 7,000 | 7,000 | 1,000 | 2,000 | 2,000 | 0 | 2,000 | 1,000 | 2,758 | 1,935 | 2,579 | 7,753 | 10,432 |
Tax | 5,177,000 | -336,000 | -711,000 | -314,000 | -339,000 | -123,000 | -132,000 | 257,000 | -256,000 | -127,000 | -168,292 | -133,778 | -114,790 | -62,457 | 132,190 |
Stock | -107,000 | -91,000 | 57,000 | 141,000 | 0 | 0 | -136,000 | 135,000 | -1,000 | -3,206 | 1,005 | 468 | 1,033 | 1,387 | 1,313 |
Debtors | 4,038,000 | 1,192,000 | 327,000 | -3,473,000 | 2,160,000 | 1,442,000 | 1,071,000 | -284,000 | 265,000 | 1,157,988 | -241,212 | 534,489 | 138,787 | 840,704 | 1,081,244 |
Creditors | -603,000 | 343,000 | 442,000 | 297,000 | 66,000 | 781,000 | -491,000 | -221,000 | 227,000 | 621,173 | 137,538 | 384,376 | -59,081 | 347,822 | 924,172 |
Accruals and Deferred Income | -121,000 | 384,000 | -427,000 | 479,000 | 347,000 | -111,000 | 89,000 | -38,000 | 65,000 | 176,947 | -513,077 | 111,293 | 31,465 | 437,028 | 812,344 |
Deferred Taxes & Provisions | -1,019,000 | 191,000 | 417,000 | 171,000 | 98,000 | -5,000 | -73,000 | -2,000 | 77,000 | 46,287 | 7,090 | -30,731 | 59,897 | 62,457 | 0 |
Cash flow from operations | 6,512,000 | 2,771,000 | 3,572,000 | 6,603,000 | 519,000 | 361,000 | 184,000 | 1,051,000 | 1,446,000 | 434,625 | 722,938 | 679,827 | 873,610 | 678,406 | |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,080,000 | 461 | 0 | 0 | 0 | 0 | 1,079,539 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | -261,000 | 235,000 | -1,000 | 0 | 0 | 27,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -774,000 | -638,000 | 900,000 | 48,000 | 113,000 | 10,000 | 163,000 | 0 | 994,000 | 0 | -59,199 | -13,284 | -28,506 | -53,976 | 154,965 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | -255,000 | -22,000 | -19,000 | -18,000 | -90,000 | -2,495,000 | -469 | -61,514 | -68,115 | -40,267 | 60,967 | 3,008,398 |
Hire Purchase and Lease Commitments | -111,000 | -84,000 | -85,000 | 280,000 | 0 | -4,000 | -203,000 | 31,000 | 176,000 | -18,000 | -21,600 | -21,600 | 39,728 | -53,813 | 75,285 |
other long term liabilities | -26,000 | 0 | -8,000 | 34,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 175,000 | 0 | -4,000 | -2,000 | 8,000 | -7,000 | -7,000 | -8,000 | -5,000 | -2,000 | -2,289 | -2,254 | -2,945 | 0 | 0 |
cash flow from financing | -736,000 | -722,000 | 542,000 | 340,000 | 98,000 | -20,000 | -65,000 | -40,000 | -1,330,000 | -20,965 | -144,602 | -105,253 | -31,990 | -46,822 | 4,904,356 |
cash and cash equivalents | |||||||||||||||
cash | 833,000 | 573,000 | 859,000 | 2,020,000 | -545,000 | -77,000 | 1,329,000 | 306,000 | -1,855,000 | -138,873 | 252,387 | 235,662 | 393,102 | 413,200 | 977,522 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 833,000 | 573,000 | 859,000 | 2,020,000 | -545,000 | -77,000 | 1,329,000 | 306,000 | -1,855,000 | -138,873 | 252,387 | 235,662 | 393,102 | 413,200 | 977,522 |
castle waste services limited Credit Report and Business Information
Castle Waste Services Limited Competitor Analysis
Perform a competitor analysis for castle waste services limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other large companies, companies in DE7 area or any other competitors across 12 key performance metrics.
castle waste services limited Ownership
CASTLE WASTE SERVICES LIMITED group structure
Castle Waste Services Limited has no subsidiary companies.
Ultimate parent company
ICON INFRASTRUCTURE MANAGEMENT VI LTD
#0168353
2 parents
CASTLE WASTE SERVICES LIMITED
01359619
castle waste services limited directors
Castle Waste Services Limited currently has 3 directors. The longest serving directors include Mr David Palmer-Jones (Feb 2023) and Sam Collier (May 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Palmer-Jones | United Kingdom | 61 years | Feb 2023 | - | Director |
Sam Collier | United Kingdom | 31 years | May 2024 | - | Director |
Mr David Humphriss | United Kingdom | 43 years | Aug 2024 | - | Director |
P&L
December 2023turnover
36.8m
+42%
operating profit
5.2m
+153%
gross margin
29.2%
+20.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17.6m
+0.69%
total assets
23.3m
+0.24%
cash
5.6m
+0.18%
net assets
Total assets minus all liabilities
castle waste services limited company details
company number
01359619
Type
Private limited with Share Capital
industry
38220 - Treatment and disposal of hazardous waste
incorporation date
March 1978
age
47
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
kenal services limited (November 1999)
accountant
-
auditor
KPMG LLP
address
treatment centre, crompton road, ilkeston, derbyshire, DE7 4BG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
castle waste services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 12 charges/mortgages relating to castle waste services limited. Currently there are 0 open charges and 12 have been satisfied in the past.
castle waste services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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castle waste services limited Companies House Filings - See Documents
date | description | view/download |
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