greenways recycling limited

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greenways recycling limited Company Information

Share GREENWAYS RECYCLING LIMITED

Company Number

03063909

Shareholders

heh enterprises ltd

Group Structure

View All

Industry

Treatment and disposal of non-hazardous waste

 

Registered Address

newmarket road risby, bury st edmunds, suffolk, IP28 6RE

greenways recycling limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of GREENWAYS RECYCLING LIMITED at £2.2m based on a Turnover of £4.1m and 0.53x industry multiple (adjusted for size and gross margin).

greenways recycling limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of GREENWAYS RECYCLING LIMITED at £1.1m based on an EBITDA of £330.1k and a 3.26x industry multiple (adjusted for size and gross margin).

greenways recycling limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of GREENWAYS RECYCLING LIMITED at £3.2m based on Net Assets of £1.2m and 2.55x industry multiple (adjusted for liquidity).

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Greenways Recycling Limited Overview

Greenways Recycling Limited is a live company located in suffolk, IP28 6RE with a Companies House number of 03063909. It operates in the treatment and disposal of non-hazardous waste sector, SIC Code 38210. Founded in June 1995, it's largest shareholder is heh enterprises ltd with a 100% stake. Greenways Recycling Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.1m with healthy growth in recent years.

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Greenways Recycling Limited Health Check

Pomanda's financial health check has awarded Greenways Recycling Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £4.1m, make it smaller than the average company (£14.9m)

£4.1m - Greenways Recycling Limited

£14.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.7%)

8% - Greenways Recycling Limited

7.7% - Industry AVG

production

Production

with a gross margin of 15.3%, this company has a higher cost of product (23.7%)

15.3% - Greenways Recycling Limited

23.7% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (9.3%)

1.4% - Greenways Recycling Limited

9.3% - Industry AVG

employees

Employees

with 17 employees, this is below the industry average (36)

17 - Greenways Recycling Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)

£42.1k - Greenways Recycling Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £242.3k, this is less efficient (£297k)

£242.3k - Greenways Recycling Limited

£297k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 82 days, this is later than average (39 days)

82 days - Greenways Recycling Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (26 days)

73 days - Greenways Recycling Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (2 days)

1 days - Greenways Recycling Limited

2 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (19 weeks)

10 weeks - Greenways Recycling Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51%, this is a lower level of debt than the average (69.6%)

51% - Greenways Recycling Limited

69.6% - Industry AVG

GREENWAYS RECYCLING LIMITED financials

EXPORTms excel logo

Greenways Recycling Limited's latest turnover from December 2023 is estimated at £4.1 million and the company has net assets of £1.2 million. According to their latest financial statements, Greenways Recycling Limited has 17 employees and maintains cash reserves of £147.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,118,6553,467,4623,429,6773,270,8723,041,8352,946,4283,163,3433,007,6933,215,2374,385,3525,340,6794,960,0984,069,7633,435,714
Other Income Or Grants
Cost Of Sales3,490,1922,971,3102,954,1402,854,1702,743,4312,731,1552,971,6302,855,2953,087,9784,222,6685,041,4434,595,6343,712,8243,168,748
Gross Profit628,463496,152475,537416,701298,403215,272191,713152,398127,259162,684299,236364,465356,939266,966
Admin Expenses572,050419,048348,048165,94957,42328,43168,18565,898149,499144,034288,336327,981133,007369,983-313,042
Operating Profit56,41377,104127,489250,752240,980186,841123,52886,500-22,24018,65010,90036,484223,932-103,017313,042
Interest Payable4432,0201,519
Interest Receivable4,9302,57526663282276100501801737361443015
Pre-Tax Profit61,34379,679127,756250,815240,819185,098122,11086,550-22,06018,82310,97336,545223,976-102,987313,057
Tax-15,336-15,139-24,274-47,655-45,756-35,169-23,201-17,310-3,953-2,524-8,771-58,234-87,656
Profit After Tax46,00764,540103,482203,160195,063149,92998,90969,240-22,06014,8708,44927,774165,742-102,987225,401
Dividends Paid
Retained Profit46,00764,540103,482203,160195,063149,92998,90969,240-22,06014,8708,44927,774165,742-102,987225,401
Employee Costs715,044649,426590,540603,274591,289557,154527,398515,166547,477179,000232,333199,187164,947133,442
Number Of Employees17161617171717171868765
EBITDA*330,092507,312523,021694,426633,517570,962486,443447,744328,800326,115278,880313,388513,506230,746567,893

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,460,1291,708,0181,681,3351,858,6111,415,1861,211,2201,083,9451,288,1571,240,3321,388,3981,290,042850,333622,650818,324937,003
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,460,1291,708,0181,681,3351,858,6111,415,1861,211,2201,083,9451,288,1571,240,3321,388,3981,290,042850,333622,650818,324937,003
Stock & work in progress10,50014,1039,62913,66112,52215,23410,02111,11510,17911,87511,94512,73910,58712,88911,705
Trade Debtors928,556793,251799,487738,608672,866604,408658,947543,903601,618746,249793,276809,854771,552647,132545,526
Group Debtors
Misc Debtors6,657
Cash147,54340,273106,882106,13020,47354,66619,05420,94418,70253,19816,04613,07111,3766,0436,043
misc current assets
total current assets1,086,599847,627915,998858,399705,861674,308688,022575,962630,499817,979821,267835,664793,515666,064563,274
total assets2,546,7282,555,6452,597,3332,717,0102,121,0471,885,5281,771,9671,864,1191,870,8312,206,3772,111,3091,685,9971,416,1651,484,3881,500,277
Bank overdraft
Bank loan
Trade Creditors 700,169622,141673,551604,566592,964623,702709,158768,156759,988891,0301,143,0331,014,621791,482868,396827,854
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities700,169622,141673,551604,566592,964623,702709,158768,156759,988891,0301,143,0331,014,621791,482868,396827,854
loans13,13446,724
hp & lease commitments
Accruals and Deferred Income
other liabilities290,385456,699529,520831,101545,637505,309424,519602,101672,886865,218563,717327,141296,990451,857398,513
provisions308,555275,193257,190247,753152,016108,016106,128107,333120,668110,78080,08028,20539,43741,62148,409
total long term liabilities598,940731,892786,7101,078,854697,653626,459577,371709,434793,554975,998643,797355,346336,427493,478446,922
total liabilities1,299,1091,354,0331,460,2611,683,4201,290,6171,250,1611,286,5291,477,5901,553,5421,867,0281,786,8301,369,9671,127,9091,361,8741,274,776
net assets1,247,6191,201,6121,137,0721,033,590830,430635,367485,438386,529317,289339,349324,479316,030288,256122,514225,501
total shareholders funds1,247,6191,201,6121,137,0721,033,590830,430635,367485,438386,529317,289339,349324,479316,030288,256122,514225,501
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit56,41377,104127,489250,752240,980186,841123,52886,500-22,24018,65010,90036,484223,932-103,017313,042
Depreciation273,679430,208395,532443,674392,537384,121362,915361,244351,040307,465267,980276,904289,574333,763254,851
Amortisation
Tax-15,336-15,139-24,274-47,655-45,756-35,169-23,201-17,310-3,953-2,524-8,771-58,234-87,656
Stock-3,6034,474-4,0321,139-2,7125,213-1,094936-1,696-70-7942,152-2,3021,18411,705
Debtors135,305-6,23660,87965,74268,458-54,539115,044-57,715-151,288-40,370-16,57838,302124,420101,606545,526
Creditors78,028-51,41068,98511,602-30,738-85,456-58,9988,168-131,042-252,003128,412223,139-76,91440,542827,854
Accruals and Deferred Income
Deferred Taxes & Provisions33,36218,0039,43795,73744,0001,888-1,205-13,3359,88830,70051,875-11,232-2,184-6,78848,409
Cash flow from operations294,444460,528520,322687,229535,277501,551289,089482,046360,630141,299474,015476,070254,056161,710799,269
Investing Activities
capital expenditure-25,790-456,891-218,256-887,099-596,503-511,396-158,703-409,069-202,974-405,821-707,689-504,587-93,900-215,084-1,191,854
Change in Investments
cash flow from investments-25,790-456,891-218,256-887,099-596,503-511,396-158,703-409,069-202,974-405,821-707,689-504,587-93,900-215,084-1,191,854
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-13,134-33,59046,724
Hire Purchase and Lease Commitments
other long term liabilities-166,314-72,821-301,581285,46440,32880,790-177,582-70,785-192,332301,501236,57630,151-154,86753,344398,513
share issue100
interest4,9302,57526663-161-1,744-1,419501801737361443015
cash flow from financing-161,384-70,246-301,315285,52727,03345,456-132,277-70,735-192,152301,674236,64930,212-154,82353,374398,628
cash and cash equivalents
cash107,270-66,60975285,657-34,19335,612-1,8902,242-34,49637,1522,9751,6955,3336,043
overdraft
change in cash107,270-66,60975285,657-34,19335,612-1,8902,242-34,49637,1522,9751,6955,3336,043

greenways recycling limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Greenways Recycling Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for greenways recycling limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in IP28 area or any other competitors across 12 key performance metrics.

greenways recycling limited Ownership

GREENWAYS RECYCLING LIMITED group structure

Greenways Recycling Limited has no subsidiary companies.

Ultimate parent company

1 parent

GREENWAYS RECYCLING LIMITED

03063909

GREENWAYS RECYCLING LIMITED Shareholders

heh enterprises ltd 100%

greenways recycling limited directors

Greenways Recycling Limited currently has 2 directors. The longest serving directors include Mrs Alison Housden (Nov 1995) and Mr Simon Housden (Apr 2000).

officercountryagestartendrole
Mrs Alison HousdenEngland80 years Nov 1995- Director
Mr Simon HousdenEngland57 years Apr 2000- Director

P&L

December 2023

turnover

4.1m

+19%

operating profit

56.4k

0%

gross margin

15.3%

+6.64%

turnover

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

Balance Sheet

December 2023

net assets

1.2m

+0.04%

total assets

2.5m

0%

cash

147.5k

+2.66%

net assets

Total assets minus all liabilities

greenways recycling limited company details

company number

03063909

Type

Private limited with Share Capital

industry

38210 - Treatment and disposal of non-hazardous waste

incorporation date

June 1995

age

30

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

newmarket road risby, bury st edmunds, suffolk, IP28 6RE

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

greenways 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 6 charges/mortgages relating to greenways recycling limited. Currently there are 3 open charges and 3 have been satisfied in the past.

greenways 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.

Click to start generating capital raising & share issue transactions for GREENWAYS RECYCLING LIMITED. This can take several minutes, an email will notify you when this has completed.

greenways recycling limited Companies House Filings - See Documents

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