suez recycling and recovery north east ltd
suez recycling and recovery north east ltd Company Information
Company Number
02331133
Next Accounts
Sep 2025
Shareholders
suez recycling & recovery holdings uk ltd
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
+1Registered Address
suez house grenfell road, maidenhead, berkshire, SL6 1ES
Website
-suez recycling and recovery north east ltd Estimated Valuation
Pomanda estimates the enterprise value of SUEZ RECYCLING AND RECOVERY NORTH EAST LTD at £49.9m based on a Turnover of £33.9m and 1.47x industry multiple (adjusted for size and gross margin).
suez recycling and recovery north east ltd Estimated Valuation
Pomanda estimates the enterprise value of SUEZ RECYCLING AND RECOVERY NORTH EAST LTD at £35.4m based on an EBITDA of £4.9m and a 7.19x industry multiple (adjusted for size and gross margin).
suez recycling and recovery north east ltd Estimated Valuation
Pomanda estimates the enterprise value of SUEZ RECYCLING AND RECOVERY NORTH EAST LTD at £144.3m based on Net Assets of £74.9m and 1.93x industry multiple (adjusted for liquidity).
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Suez Recycling And Recovery North East Ltd Overview
Suez Recycling And Recovery North East Ltd is a live company located in berkshire, SL6 1ES with a Companies House number of 02331133. It operates in the treatment and disposal of non-hazardous waste sector, SIC Code 38210. Founded in December 1988, it's largest shareholder is suez recycling & recovery holdings uk ltd with a 100% stake. Suez Recycling And Recovery North East Ltd is a mature, large sized company, Pomanda has estimated its turnover at £33.9m with declining growth in recent years.
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Suez Recycling And Recovery North East Ltd Health Check
Pomanda's financial health check has awarded Suez Recycling And Recovery North East Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
1 Weak
Size
annual sales of £33.9m, make it larger than the average company (£16.9m)
£33.9m - Suez Recycling And Recovery North East Ltd
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.1%)
-3% - Suez Recycling And Recovery North East Ltd
9.1% - Industry AVG
Production
with a gross margin of 27.7%, this company has a comparable cost of product (30%)
27.7% - Suez Recycling And Recovery North East Ltd
30% - Industry AVG
Profitability
an operating margin of 13.5% make it more profitable than the average company (6.9%)
13.5% - Suez Recycling And Recovery North East Ltd
6.9% - Industry AVG
Employees
with 143 employees, this is above the industry average (70)
143 - Suez Recycling And Recovery North East Ltd
70 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£43.4k)
£38.7k - Suez Recycling And Recovery North East Ltd
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £237.3k, this is equally as efficient (£244k)
£237.3k - Suez Recycling And Recovery North East Ltd
£244k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (42 days)
32 days - Suez Recycling And Recovery North East Ltd
42 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Suez Recycling And Recovery North East Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (21 days)
1 days - Suez Recycling And Recovery North East Ltd
21 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Suez Recycling And Recovery North East Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (69.6%)
9.6% - Suez Recycling And Recovery North East Ltd
69.6% - Industry AVG
SUEZ RECYCLING AND RECOVERY NORTH EAST LTD financials
Suez Recycling And Recovery North East Ltd's latest turnover from December 2023 is £33.9 million and the company has net assets of £74.9 million. According to their latest financial statements, Suez Recycling And Recovery North East Ltd has 143 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,941,000 | 41,253,000 | 41,383,000 | 36,693,000 | 34,851,000 | 32,792,000 | 32,678,000 | 35,754,000 | 33,942,000 | 32,251,000 | 29,964,000 | 31,207,000 | 30,727,000 | 32,038,000 | 29,038,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 24,530,000 | 35,986,000 | 36,108,000 | 30,307,000 | 28,852,000 | 26,582,000 | 26,750,000 | 31,419,000 | 28,646,000 | 28,344,000 | 25,438,000 | 28,640,000 | 27,981,000 | 33,567,000 | 29,239,000 |
| Gross Profit | 9,411,000 | 5,267,000 | 5,275,000 | 6,386,000 | 5,999,000 | 6,210,000 | 5,928,000 | 4,335,000 | 5,296,000 | 3,907,000 | 4,526,000 | 2,567,000 | 2,746,000 | -1,529,000 | -201,000 |
| Admin Expenses | 4,815,000 | 4,895,000 | 5,246,000 | 5,122,000 | 4,390,000 | 6,296,000 | 3,390,000 | 3,696,000 | 2,315,000 | 3,161,000 | 3,397,000 | 3,490,000 | 3,178,000 | 2,094,000 | 2,792,000 |
| Operating Profit | 4,596,000 | 372,000 | 29,000 | 1,264,000 | 1,609,000 | -86,000 | 2,538,000 | 639,000 | 2,981,000 | 746,000 | 1,129,000 | -923,000 | -432,000 | -3,623,000 | -2,993,000 |
| Interest Payable | 114,000 | 1,021,000 | 220,000 | 385,000 | 314,000 | 282,000 | 269,000 | 175,000 | 320,000 | 287,000 | 267,000 | 284,000 | 288,000 | 297,000 | 324,000 |
| Interest Receivable | 3,631,000 | 2,118,000 | 17,000 | 41,000 | 86,000 | ||||||||||
| Pre-Tax Profit | 8,113,000 | 72,518,000 | -191,000 | 879,000 | 1,295,000 | -368,000 | 2,269,000 | 106,000 | 503,000 | 459,000 | -2,525,000 | -1,190,000 | -720,000 | -3,879,000 | -6,598,000 |
| Tax | -1,942,000 | -210,000 | 279,000 | -263,000 | -400,000 | -262,000 | -8,000 | -181,000 | -86,000 | -63,000 | 394,000 | 92,000 | 1,164,000 | 932,000 | |
| Profit After Tax | 6,171,000 | 72,308,000 | 88,000 | 616,000 | 895,000 | -368,000 | 2,007,000 | 98,000 | 322,000 | 373,000 | -2,588,000 | -796,000 | -628,000 | -2,715,000 | -5,666,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 6,171,000 | 72,308,000 | 88,000 | 616,000 | 895,000 | -368,000 | 2,007,000 | 98,000 | 322,000 | 373,000 | -2,588,000 | -796,000 | -628,000 | -2,715,000 | -5,666,000 |
| Employee Costs | 5,538,000 | 6,461,000 | 6,505,000 | 5,828,000 | 5,676,000 | 5,346,000 | 4,855,000 | 4,214,000 | 3,119,000 | 2,768,000 | 2,428,000 | 2,722,000 | 2,433,000 | 2,168,000 | 2,406,000 |
| Number Of Employees | 143 | 183 | 198 | 176 | 161 | 163 | 140 | 142 | 123 | 90 | 77 | 85 | 73 | 64 | 73 |
| EBITDA* | 4,926,000 | 753,000 | 900,000 | 2,261,000 | 2,605,000 | 839,000 | 3,516,000 | 1,660,000 | 3,985,000 | 1,755,000 | 2,210,000 | 211,000 | 727,000 | -1,608,000 | -805,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,060,000 | 2,317,000 | 2,501,000 | 4,890,000 | 5,837,000 | 6,042,000 | 7,197,000 | 8,777,000 | 9,731,000 | 10,433,000 | 11,096,000 | 11,464,000 | 12,450,000 | 11,328,000 | 8,266,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 11,006,000 | 11,007,000 | 15,778,000 | 15,778,000 | 15,778,000 | 15,778,000 | 15,778,000 | 15,778,000 | 17,864,000 | 19,075,000 | 19,075,000 | 19,425,000 | 19,425,000 | 19,425,000 | 19,425,000 |
| Debtors (Due After 1 year) | 293,000 | ||||||||||||||
| Total Fixed Assets | 13,359,000 | 13,324,000 | 18,279,000 | 20,668,000 | 21,615,000 | 21,820,000 | 22,975,000 | 24,555,000 | 27,595,000 | 29,508,000 | 30,171,000 | 30,889,000 | 31,875,000 | 30,753,000 | 27,691,000 |
| Stock & work in progress | 83,000 | 87,000 | 489,000 | 498,000 | 395,000 | 61,000 | 96,000 | 68,000 | 50,000 | 56,000 | 68,000 | 51,000 | 1,000 | ||
| Trade Debtors | 3,054,000 | 2,465,000 | |||||||||||||
| Group Debtors | 66,350,000 | 62,622,000 | 11,999,000 | ||||||||||||
| Misc Debtors | 73,000 | 3,382,000 | 2,149,000 | 44,000 | 2,871,000 | 2,728,000 | 3,797,000 | 2,125,000 | 3,491,000 | 2,420,000 | 2,382,000 | 2,209,000 | 3,256,000 | 3,502,000 | 4,634,000 |
| Cash | 1,000 | 1,000 | |||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 69,560,000 | 66,091,000 | 2,638,000 | 3,007,000 | 3,266,000 | 2,789,000 | 3,893,000 | 2,193,000 | 3,541,000 | 2,476,000 | 2,451,000 | 2,261,000 | 3,256,000 | 3,503,000 | 16,633,000 |
| total assets | 82,919,000 | 79,415,000 | 20,917,000 | 23,675,000 | 24,881,000 | 24,609,000 | 26,868,000 | 26,748,000 | 31,136,000 | 31,984,000 | 32,622,000 | 33,150,000 | 35,131,000 | 34,256,000 | 44,324,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 17,965,000 | 20,417,000 | 21,902,000 | 23,791,000 | 26,069,000 | 26,068,000 | 30,818,000 | 30,908,000 | 31,410,000 | 31,104,000 | 32,448,000 | 28,095,000 | 37,435,000 | ||
| other short term finances | |||||||||||||||
| hp & lease commitments | 149,000 | 175,000 | 34,000 | 199,000 | 206,000 | ||||||||||
| other current liabilities | 2,418,000 | 5,009,000 | 1,646,000 | 1,426,000 | 1,403,000 | 568,000 | 230,000 | 1,385,000 | 768,000 | 718,000 | 984,000 | 849,000 | 675,000 | 3,362,000 | 1,649,000 |
| total current liabilities | 2,567,000 | 5,184,000 | 19,645,000 | 22,042,000 | 23,511,000 | 24,359,000 | 26,299,000 | 27,453,000 | 31,586,000 | 31,626,000 | 32,394,000 | 31,953,000 | 33,123,000 | 31,457,000 | 39,084,000 |
| loans | |||||||||||||||
| hp & lease commitments | 1,256,000 | 1,549,000 | 34,000 | 234,000 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 4,158,000 | 1,723,000 | 2,621,000 | 3,036,000 | 3,189,000 | 3,198,000 | 3,149,000 | 3,882,000 | 4,235,000 | 5,365,000 | 5,607,000 | 3,988,000 | 4,003,000 | 4,166,000 | 3,892,000 |
| total long term liabilities | 5,414,000 | 3,272,000 | 2,621,000 | 3,070,000 | 3,423,000 | 3,198,000 | 3,149,000 | 3,882,000 | 4,235,000 | 5,365,000 | 5,607,000 | 3,988,000 | 4,003,000 | 4,166,000 | 3,892,000 |
| total liabilities | 7,981,000 | 8,456,000 | 22,266,000 | 25,112,000 | 26,934,000 | 27,557,000 | 29,448,000 | 31,335,000 | 35,821,000 | 36,991,000 | 38,001,000 | 35,941,000 | 37,126,000 | 35,623,000 | 42,976,000 |
| net assets | 74,938,000 | 70,959,000 | -1,349,000 | -1,437,000 | -2,053,000 | -2,948,000 | -2,580,000 | -4,587,000 | -4,685,000 | -5,007,000 | -5,379,000 | -2,791,000 | -1,995,000 | -1,367,000 | 1,348,000 |
| total shareholders funds | 74,938,000 | 70,959,000 | -1,349,000 | -1,437,000 | -2,053,000 | -2,948,000 | -2,580,000 | -4,587,000 | -4,685,000 | -5,007,000 | -5,379,000 | -2,791,000 | -1,995,000 | -1,367,000 | 1,348,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,596,000 | 372,000 | 29,000 | 1,264,000 | 1,609,000 | -86,000 | 2,538,000 | 639,000 | 2,981,000 | 746,000 | 1,129,000 | -923,000 | -432,000 | -3,623,000 | -2,993,000 |
| Depreciation | 175,000 | 381,000 | 871,000 | 997,000 | 996,000 | 925,000 | 978,000 | 1,021,000 | 1,004,000 | 1,009,000 | 1,081,000 | 1,134,000 | 1,159,000 | 2,015,000 | 2,188,000 |
| Amortisation | 155,000 | ||||||||||||||
| Tax | -1,942,000 | -210,000 | 279,000 | -263,000 | -400,000 | -262,000 | -8,000 | -181,000 | -86,000 | -63,000 | 394,000 | 92,000 | 1,164,000 | 932,000 | |
| Stock | -4,000 | -402,000 | -9,000 | 103,000 | 334,000 | -35,000 | 28,000 | 18,000 | -6,000 | -12,000 | 17,000 | 51,000 | -1,000 | 1,000 | |
| Debtors | 3,766,000 | 63,855,000 | -360,000 | -362,000 | 143,000 | -1,069,000 | 1,672,000 | -1,366,000 | 1,071,000 | 38,000 | 173,000 | -1,047,000 | -246,000 | -13,131,000 | 16,633,000 |
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -2,591,000 | 3,363,000 | 220,000 | 23,000 | 835,000 | 338,000 | -1,155,000 | 617,000 | 50,000 | -266,000 | 135,000 | 174,000 | -2,687,000 | 1,713,000 | 1,649,000 |
| Deferred Taxes & Provisions | 2,435,000 | -898,000 | -415,000 | -153,000 | -9,000 | 49,000 | -733,000 | -353,000 | -1,130,000 | -242,000 | 1,619,000 | -15,000 | -163,000 | 274,000 | 3,892,000 |
| Cash flow from operations | -934,000 | -60,445,000 | 1,353,000 | 2,127,000 | 2,554,000 | 2,330,000 | -334,000 | 3,264,000 | 1,659,000 | 1,135,000 | 3,711,000 | 1,760,000 | -1,784,000 | 14,673,000 | -10,965,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,000 | -4,771,000 | -2,086,000 | -1,211,000 | -350,000 | 19,425,000 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -17,965,000 | -2,452,000 | -1,485,000 | -1,889,000 | -2,278,000 | 1,000 | -4,750,000 | -90,000 | -502,000 | 306,000 | -1,344,000 | 4,353,000 | -9,340,000 | 37,435,000 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -319,000 | 1,690,000 | -199,000 | -207,000 | 440,000 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 3,517,000 | 1,097,000 | -220,000 | -385,000 | -314,000 | -282,000 | -269,000 | -175,000 | -320,000 | -287,000 | -267,000 | -267,000 | -288,000 | -256,000 | -238,000 |
| cash flow from financing | 1,006,000 | -15,178,000 | -2,871,000 | -2,077,000 | -1,763,000 | -2,560,000 | -268,000 | -4,925,000 | -410,000 | -790,000 | 39,000 | -1,611,000 | 4,065,000 | -9,596,000 | 44,211,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,000 | 1,000 | |||||||||||||
| overdraft | |||||||||||||||
| change in cash | -1,000 | 1,000 |
suez recycling and recovery north east ltd Credit Report and Business Information
Suez Recycling And Recovery North East Ltd Competitor Analysis
Perform a competitor analysis for suez recycling and recovery north east ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other large companies, companies in SL6 area or any other competitors across 12 key performance metrics.
suez recycling and recovery north east ltd Ownership
SUEZ RECYCLING AND RECOVERY NORTH EAST LTD group structure
Suez Recycling And Recovery North East Ltd has 7 subsidiary companies.
Ultimate parent company
SUEZ SA
#0021238
2 parents
SUEZ RECYCLING AND RECOVERY NORTH EAST LTD
02331133
7 subsidiaries
suez recycling and recovery north east ltd directors
Suez Recycling And Recovery North East Ltd currently has 2 directors. The longest serving directors include Mr John Scanlon (Jan 2020) and Mr Christopher Thorn (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Scanlon | England | 55 years | Jan 2020 | - | Director |
| Mr Christopher Thorn | England | 43 years | Feb 2020 | - | Director |
P&L
December 2023turnover
33.9m
-18%
operating profit
4.6m
+1135%
gross margin
27.8%
+117.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
74.9m
+0.06%
total assets
82.9m
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
suez recycling and recovery north east ltd company details
company number
02331133
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
38210 - Treatment and disposal of non-hazardous waste
incorporation date
December 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
sita north east limited (March 2016)
sita aberdeen limited (September 2002)
See moreaccountant
-
auditor
FORVIS MAZARS LLP
address
suez house grenfell road, maidenhead, berkshire, SL6 1ES
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
suez recycling and recovery north east ltd 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 did not find charges/mortgages relating to suez recycling and recovery north east ltd.
suez recycling and recovery north east ltd 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.
Click to start generating capital raising & share issue transactions for SUEZ RECYCLING AND RECOVERY NORTH EAST LTD. This can take several minutes, an email will notify you when this has completed.
suez recycling and recovery north east ltd Companies House Filings - See Documents
| date | description | view/download |
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