britaniacrest recycling limited

britaniacrest recycling limited Company Information

Share BRITANIACREST RECYCLING LIMITED
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Company Number

02798579

Industry

Recovery of sorted materials

 

Shareholders

qair env holding bcr ltd

Group Structure

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Contact

Registered Address

26 reigate road, hookwood, horley, surrey, RH6 0HJ

britaniacrest recycling limited Estimated Valuation

£28.7m

Pomanda estimates the enterprise value of BRITANIACREST RECYCLING LIMITED at £28.7m based on a Turnover of £24.1m and 1.19x industry multiple (adjusted for size and gross margin).

britaniacrest recycling limited Estimated Valuation

£16.5m

Pomanda estimates the enterprise value of BRITANIACREST RECYCLING LIMITED at £16.5m based on an EBITDA of £2.1m and a 7.96x industry multiple (adjusted for size and gross margin).

britaniacrest recycling limited Estimated Valuation

£14.7m

Pomanda estimates the enterprise value of BRITANIACREST RECYCLING LIMITED at £14.7m based on Net Assets of £6m and 2.47x industry multiple (adjusted for liquidity).

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Britaniacrest Recycling Limited Overview

Britaniacrest Recycling Limited is a live company located in horley, RH6 0HJ with a Companies House number of 02798579. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in March 1993, it's largest shareholder is qair env holding bcr ltd with a 100% stake. Britaniacrest Recycling Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.1m with healthy growth in recent years.

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Britaniacrest Recycling Limited Health Check

Pomanda's financial health check has awarded Britaniacrest Recycling Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £24.1m, make it larger than the average company (£13.9m)

£24.1m - Britaniacrest Recycling Limited

£13.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (11.1%)

11% - Britaniacrest Recycling Limited

11.1% - Industry AVG

production

Production

with a gross margin of 37%, this company has a lower cost of product (22.8%)

37% - Britaniacrest Recycling Limited

22.8% - Industry AVG

profitability

Profitability

an operating margin of 4.6% make it less profitable than the average company (6.1%)

4.6% - Britaniacrest Recycling Limited

6.1% - Industry AVG

employees

Employees

with 89 employees, this is above the industry average (35)

89 - Britaniacrest Recycling Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.6k, the company has a higher pay structure (£39.3k)

£47.6k - Britaniacrest Recycling Limited

£39.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £271.1k, this is less efficient (£347k)

£271.1k - Britaniacrest Recycling Limited

£347k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is near the average (37 days)

42 days - Britaniacrest Recycling Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 68 days, this is slower than average (33 days)

68 days - Britaniacrest Recycling Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Britaniacrest Recycling Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (13 weeks)

13 weeks - Britaniacrest Recycling Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 45.7%, this is a lower level of debt than the average (51.7%)

45.7% - Britaniacrest Recycling Limited

51.7% - Industry AVG

BRITANIACREST RECYCLING LIMITED financials

EXPORTms excel logo

Britaniacrest Recycling Limited's latest turnover from December 2023 is £24.1 million and the company has net assets of £6 million. According to their latest financial statements, Britaniacrest Recycling Limited has 89 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover24,124,08216,357,21123,607,85416,676,99917,636,52221,456,56621,198,64919,725,30518,349,41615,310,53613,232,18612,352,0929,854,4638,171,2376,977,765
Other Income Or Grants000000000000000
Cost Of Sales15,203,6968,735,81610,992,7297,217,5448,079,47810,106,43910,900,4049,727,5918,868,6687,617,2977,028,6956,066,6744,537,1203,377,8922,849,207
Gross Profit8,920,3867,621,39512,615,1259,459,4559,557,04411,350,12710,298,2459,997,7149,480,7487,693,2396,203,4916,285,4185,317,3434,793,3454,128,558
Admin Expenses7,816,0004,928,0007,002,6456,947,0897,503,6867,778,0806,800,7465,131,5204,238,9143,714,1163,043,0883,143,2032,767,5603,524,0972,044,135
Operating Profit1,104,3862,693,3955,612,4802,512,3662,053,3583,572,0473,497,4994,866,1945,241,8343,979,1233,160,4033,142,2152,549,7831,269,2482,084,423
Interest Payable75,60316,1354,2884,8239,9973,5805,6312,98903,21709686,16361,31631,581
Interest Receivable49,00812,3012,96917,55255,85252,02346,39117,4139,5133,6914,2615,29430,6162218,012
Pre-Tax Profit15,711,7492,689,5615,681,4192,525,0952,099,2133,647,0843,540,5784,894,1905,251,3473,979,5973,164,6643,146,5412,574,2361,208,1532,060,854
Tax-151,827-442,473-1,130,215-445,232-412,574-700,840-672,699-975,393-1,048,107-858,877-730,189-759,391-675,721-336,303-579,379
Profit After Tax15,559,9222,247,0884,551,2042,079,8631,686,6392,946,2442,867,8793,918,7974,203,2403,120,7202,434,4752,387,1501,898,515871,8501,481,475
Dividends Paid17,464,1904,200,0006,395,73305,000,001010,000,001002,277,5502,360,780169,6321,000,00001,000,000
Retained Profit-1,904,268-1,952,912-1,844,5292,079,863-3,313,3622,946,244-7,132,1223,918,7974,203,240843,17073,6952,217,518898,515871,850481,475
Employee Costs4,236,3372,770,5124,002,7993,841,3684,016,9573,971,0643,335,6652,665,7272,083,8391,906,2232,031,2082,000,7051,836,3062,528,8231,120,740
Number Of Employees898581799397908075746569595246
EBITDA*2,069,2883,362,6416,691,0314,014,5293,964,2175,449,7935,206,6676,141,4885,888,5994,322,1583,478,1068,021,3093,073,0161,936,8872,794,059

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets5,946,9442,746,6031,217,8571,913,5663,330,8653,432,0503,851,6283,653,4133,546,834686,411562,952608,951995,6931,188,7741,106,719
Intangible Assets000000000000000
Investments & Other505001,275,475975,381871,902605,308344,98991,41771,417560,0001,851,8271,661,8271,581,8271,581,827
Debtors (Due After 1 year)000000000048,40987,96948,09867,46437,257
Total Fixed Assets5,946,9942,746,6531,217,8573,189,0414,306,2464,303,9524,456,9363,998,4023,638,251757,8281,171,3612,548,7472,705,6182,838,0652,725,803
Stock & work in progress000000000000000
Trade Debtors2,792,3762,419,2303,393,8582,910,8101,579,2842,968,9643,340,5183,501,2403,109,4062,571,6692,254,9202,461,1331,925,8841,705,7941,420,042
Group Debtors01,339,190001,156007,358,8264,224,82800558,829000
Misc Debtors1,123,163512,6791,540,913363,7471,404,7011,793,8431,197,0601,232,238265,858582,980455,52788,832116,643387,153213,845
Cash1,125,8904,713,9516,911,9158,264,8509,064,0708,008,2856,522,0404,549,7236,079,2114,409,0043,262,1622,593,2721,526,2741,528,8081,564,277
misc current assets0000000005,834,9385,059,6432,227,3211,703,702222,4490
total current assets5,041,4298,985,05011,846,68611,539,40712,049,21112,771,09211,059,61816,642,02713,679,30313,398,59111,032,2527,929,3875,272,5033,844,2043,198,164
total assets10,988,42311,731,70313,064,54314,728,44816,355,45717,075,04415,516,55420,640,42917,317,55414,156,41912,203,61310,478,1347,978,1216,682,2695,923,967
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,857,7541,993,7061,720,9701,772,598636,1861,395,6191,691,2391,782,7021,799,2361,262,767983,808795,811837,485831,713388,388
Group/Directors Accounts625,0000005,313,8271,535,6742,570,605001,740,8991,797,4355,710229,6472,1842,183
other short term finances00000000000000101,534
hp & lease commitments513,939468,999111,01368,963293,896435,978243,9740208,53900013,864168,728306,402
other current liabilities254,057370,3451,341,3531,216,433614,070749,6161,039,2241,819,8492,139,6132,268,1851,430,2391,758,1771,196,207862,481815,130
total current liabilities4,250,7502,833,0503,173,3363,057,9946,857,9794,116,8875,545,0423,602,5514,147,3885,271,8514,211,4822,559,6982,277,2031,865,1061,613,637
loans00000000000000203,068
hp & lease commitments576,087984,62665,281068,963186,697146,29600000014,760176,709
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions192,84041,0130000080,540131,62549,26700000
total long term liabilities768,9271,025,63965,281068,963186,697146,29680,540131,62549,26700014,760379,777
total liabilities5,019,6773,858,6893,238,6173,057,9946,926,9424,303,5845,691,3383,683,0914,279,0135,321,1184,211,4822,559,6982,277,2031,879,8661,993,414
net assets5,968,7467,873,0149,825,92611,670,4549,428,51512,771,4609,825,21616,957,33813,038,5418,835,3017,992,1317,918,4365,700,9184,802,4033,930,553
total shareholders funds5,968,7467,873,0149,825,92611,670,4549,428,51512,771,4609,825,21616,957,33813,038,5418,835,3017,992,1317,918,4365,700,9184,802,4033,930,553
Dec 2023Dec 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit1,104,3862,693,3955,612,4802,512,3662,053,3583,572,0473,497,4994,866,1945,241,8343,979,1233,160,4033,142,2152,549,7831,269,2482,084,423
Depreciation964,902669,2461,078,5511,502,1631,910,8591,877,7461,709,1681,275,294646,765343,035317,7034,879,094523,233667,639709,636
Amortisation000000000000000
Tax-151,827-442,473-1,130,215-445,232-412,574-700,840-672,699-975,393-1,048,107-858,877-730,189-759,391-675,721-336,303-579,379
Stock000000000000000
Debtors-355,560996,5421,660,214289,416-1,777,666225,229-7,554,7264,492,2124,445,443395,793-437,9071,106,138-69,786489,2671,671,144
Creditors864,048221,108-51,6281,136,412-759,433-295,620-91,463-16,534536,469278,959187,997-41,6745,772443,325388,388
Accruals and Deferred Income-116,288-846,088124,920602,363-135,546-289,608-780,625-319,764-128,572837,946-327,938561,970333,72647,351815,130
Deferred Taxes & Provisions151,82741,0130000-80,540-51,08582,35849,26700000
Cash flow from operations3,172,6081,339,6593,973,8945,018,6564,434,3303,938,49611,136,066286,500885,3044,233,6603,045,8836,676,0762,806,5791,601,9931,747,054
Investing Activities
capital expenditure-4,165,243-1,502,283-382,842-84,864-1,809,674-1,458,168-1,907,383-1,381,873-3,507,188-466,494-536,920-323,333-237,752-653,444-867,606
Change in Investments0-1,275,425-1,275,475300,094103,479266,594260,319253,57220,000-488,583-1,291,827190,00080,00001,581,827
cash flow from investments-4,165,243-226,858892,633-384,958-1,913,153-1,724,762-2,167,702-1,635,445-3,527,18822,089754,907-513,333-317,752-653,444-2,449,433
Financing Activities
Bank loans000000000000000
Group/Directors Accounts625,00000-5,313,8273,778,153-1,034,9312,570,6050-1,740,899-56,5361,791,725-223,937227,46312,183
Other Short Term Loans 0000000000000-101,534101,534
Long term loans0000000000000-203,068203,068
Hire Purchase and Lease Commitments-363,5991,384,662107,331-293,896-259,816232,405390,270-208,539208,53900-13,864-169,624-299,623483,111
other long term liabilities000000000000000
share issue0-1,844,5281162,076-29,5830000000003,449,078
interest-26,595-3,834-1,31912,72945,85548,44340,76014,4249,5134744,2614,32624,453-61,095-23,569
cash flow from financing234,806-463,700106,013-5,432,9183,534,609-754,0833,001,635-194,115-1,522,847-56,0621,795,986-233,47582,292-665,3194,215,405
cash and cash equivalents
cash-3,588,061-3,550,899-1,352,935-799,2201,055,7851,486,2451,972,317-1,529,4881,670,2071,146,842668,8901,066,998-2,534-35,4691,564,277
overdraft000000000000000
change in cash-3,588,061-3,550,899-1,352,935-799,2201,055,7851,486,2451,972,317-1,529,4881,670,2071,146,842668,8901,066,998-2,534-35,4691,564,277

britaniacrest recycling limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Britaniacrest Recycling Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for britaniacrest recycling limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other large companies, companies in RH6 area or any other competitors across 12 key performance metrics.

britaniacrest recycling limited Ownership

BRITANIACREST RECYCLING LIMITED group structure

Britaniacrest Recycling Limited has no subsidiary companies.

Ultimate parent company

BRITANIACREST RECYCLING LIMITED

02798579

BRITANIACREST RECYCLING LIMITED Shareholders

qair env holding bcr ltd 100%

britaniacrest recycling limited directors

Britaniacrest Recycling Limited currently has 4 directors. The longest serving directors include Mr Raymond Foss (Sep 2001) and Mr Christopher Foss (Jul 2003).

officercountryagestartendrole
Mr Raymond FossUnited Kingdom73 years Sep 2001- Director
Mr Christopher Foss43 years Jul 2003- Director
Mr Luc ValaizeUnited Kingdom69 years Sep 2022- Director
Mr Gerard Beelaerts Van BloklandUnited Kingdom45 years Sep 2022- Director

P&L

December 2023

turnover

24.1m

+47%

operating profit

1.1m

-59%

gross margin

37%

-20.64%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

6m

-0.24%

total assets

11m

-0.06%

cash

1.1m

-0.76%

net assets

Total assets minus all liabilities

britaniacrest recycling limited company details

company number

02798579

Type

Private limited with Share Capital

industry

38320 - Recovery of sorted materials

incorporation date

March 1993

age

31

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

WELLERS ACCOUNTANTS

address

26 reigate road, hookwood, horley, surrey, RH6 0HJ

Bank

NATIONWIDE BUILDING SOCIETY

Legal Advisor

-

britaniacrest recycling 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 5 charges/mortgages relating to britaniacrest recycling limited. Currently there are 2 open charges and 3 have been satisfied in the past.

britaniacrest recycling 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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britaniacrest recycling limited Companies House Filings - See Documents

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