nottingham recycling limited

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nottingham recycling limited Company Information

Share NOTTINGHAM RECYCLING LIMITED

Company Number

03249021

Directors

John Greenwood

Ivor Gray

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Shareholders

macfarlane group uk limited

Group Structure

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Industry

Treatment and disposal of non-hazardous waste

 

Registered Address

c/o macfarlane group uk limited, siskin parkway east, coventry, CV3 4PE

nottingham recycling limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of NOTTINGHAM RECYCLING LIMITED at £1.2m based on a Turnover of £1.8m and 0.68x industry multiple (adjusted for size and gross margin).

nottingham recycling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOTTINGHAM RECYCLING LIMITED at £0 based on an EBITDA of £-204.6k and a 4.17x industry multiple (adjusted for size and gross margin).

nottingham recycling limited Estimated Valuation

£881.4k

Pomanda estimates the enterprise value of NOTTINGHAM RECYCLING LIMITED at £881.4k based on Net Assets of £327.5k and 2.69x industry multiple (adjusted for liquidity).

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Nottingham Recycling Limited Overview

Nottingham Recycling Limited is a live company located in coventry, CV3 4PE with a Companies House number of 03249021. It operates in the treatment and disposal of non-hazardous waste sector, SIC Code 38210. Founded in September 1996, it's largest shareholder is macfarlane group uk limited with a 100% stake. Nottingham Recycling Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.

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Nottingham Recycling Limited Health Check

Pomanda's financial health check has awarded Nottingham Recycling Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£15.4m)

£1.8m - Nottingham Recycling Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.4%)

-4% - Nottingham Recycling Limited

8.4% - Industry AVG

production

Production

with a gross margin of 27%, this company has a comparable cost of product (27%)

27% - Nottingham Recycling Limited

27% - Industry AVG

profitability

Profitability

an operating margin of -15.6% make it less profitable than the average company (8.3%)

-15.6% - Nottingham Recycling Limited

8.3% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (36)

11 - Nottingham Recycling Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £44k, the company has an equivalent pay structure (£44k)

£44k - Nottingham Recycling Limited

£44k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £162.9k, this is less efficient (£253.5k)

£162.9k - Nottingham Recycling Limited

£253.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is later than average (36 days)

44 days - Nottingham Recycling Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (27 days)

17 days - Nottingham Recycling Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (3 days)

2 days - Nottingham Recycling Limited

3 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (20 weeks)

16 weeks - Nottingham Recycling Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.9%, this is a similar level of debt than the average (66.4%)

62.9% - Nottingham Recycling Limited

66.4% - Industry AVG

NOTTINGHAM RECYCLING LIMITED financials

EXPORTms excel logo

Nottingham Recycling Limited's latest turnover from February 2024 is estimated at £1.8 million and the company has net assets of £327.5 thousand. According to their latest financial statements, Nottingham Recycling Limited has 11 employees and maintains cash reserves of £141.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover1,791,7541,866,7911,738,0472,049,1241,565,3711,561,1301,185,3131,275,131793,4392,499,8162,353,583539,984605,987599,578527,280
Other Income Or Grants000000000000000
Cost Of Sales1,307,1791,435,2991,293,4311,561,9211,208,6511,249,413936,076997,828619,2862,062,9971,940,693437,713248,940270,110246,056
Gross Profit484,574431,493444,617487,203356,720311,717249,238277,303174,153436,819412,891102,271357,047329,468281,224
Admin Expenses764,435292,0211,107,797357,421297,542148,339136,307272,36382,493380,284336,42534,946206,533147,473141,085
Operating Profit-279,861139,472-663,180129,78259,178163,378112,9314,94091,66056,53576,46667,325150,514181,995140,139
Interest Payable000000000000000
Interest Receivable18,89722,7042,3563132,5104,0012,3276178035821,1591,742612628,190
Pre-Tax Profit-260,964162,175-660,824130,09561,688167,379115,2585,55892,46357,11677,62569,067150,57564,81361,585
Tax0-30,8130-24,718-11,721-31,802-21,899-1,111-18,492-11,994-17,854-16,576-29,267-9,710-14,940
Profit After Tax-260,964131,362-660,824105,37749,967135,57793,3594,44673,97045,12259,77152,491121,30855,10346,645
Dividends Paid000000000000000
Retained Profit-260,964131,362-660,824105,37749,967135,57793,3594,44673,97045,12259,77152,491121,30855,10346,645
Employee Costs483,466452,254421,540399,460436,390407,018363,970302,519123,453302,222264,26686,08982,385138,947143,060
Number Of Employees111111111212111041093332
EBITDA*-204,572202,073-598,867209,490131,711210,875154,62131,856133,45796,373117,232110,812189,525235,384195,316

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets462,926447,041320,775389,501491,642278,805226,802133,827124,743169,168144,087151,503184,877168,748204,329
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets462,926447,041320,775389,501491,642278,805226,802133,827124,743169,168144,087151,503184,877168,748204,329
Stock & work in progress7,6288521,1324,0311,2434,9623,1882,7975,0707,3604,6335,1804,381450290
Trade Debtors218,263217,122232,589348,776212,656183,006113,691195,716162,059494,959461,911102,76899,08699,445102,230
Group Debtors000300,000250,000250,000000000000
Misc Debtors52,3865,74886034,05835,17874,4909,042368,249360,0000037,7646,6521,150350
Cash141,188578,714556,474385,965240,934428,317638,658292,306201,625119,471113,296350,242346,623203,579130,613
misc current assets000000008,963000000
total current assets419,465802,436791,0551,072,830740,011940,775764,579859,068737,717621,790579,840495,954456,742304,624233,483
total assets882,3911,249,4771,111,8301,462,3311,231,6531,219,580991,381992,895862,460790,958723,927647,457641,619473,372437,812
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 62,881123,105105,78481,93132,01491,59936,48726,05239,740104,014113,77224,67256,87225,82363,002
Group/Directors Accounts49,87800000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities326,353452,923479,943188,42293,632112,37984,749207,72268,5240072,40186,85470,96453,328
total current liabilities439,112576,028585,727270,353125,646203,978121,236233,774108,264104,014113,77297,073143,72696,787116,330
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions115,73284,93868,95474,00593,41152,97343,09325,42824,94931,66700000
total long term liabilities115,73284,93868,95474,00593,41152,97343,09325,42824,94931,66700000
total liabilities554,844660,966654,681344,358219,057256,951164,329259,202133,213135,681113,77297,073143,72696,787116,330
net assets327,547588,511457,1491,117,9731,012,596962,629827,052733,693729,247655,277610,155550,384497,893376,585321,482
total shareholders funds327,547588,511457,1491,117,9731,012,596962,629827,052733,693729,247655,277610,155550,384497,893376,585321,482
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-279,861139,472-663,180129,78259,178163,378112,9314,94091,66056,53576,46667,325150,514181,995140,139
Depreciation75,28962,60164,31379,70872,53347,49741,69026,91641,79739,83840,76643,48739,01153,38955,177
Amortisation000000000000000
Tax0-30,8130-24,718-11,721-31,802-21,899-1,111-18,492-11,994-17,854-16,576-29,267-9,710-14,940
Stock6,776-280-2,8992,788-3,7191,774391-2,273-2,2902,727-5477993,931160290
Debtors47,779-10,579-449,385185,000-9,662384,763-441,23241,90627,10033,048321,37934,7945,143-1,985102,580
Creditors-60,22417,32123,85349,917-59,58555,11210,435-13,688-64,274-9,75889,100-32,20031,049-37,17963,002
Accruals and Deferred Income-126,570-27,020291,52194,790-18,74727,630-122,973139,19868,5240-72,401-14,45315,89017,63653,328
Deferred Taxes & Provisions30,79415,984-5,051-19,40640,4389,88017,665479-6,71831,66700000
Cash flow from operations-415,127188,404163,740122,28595,477-114,842478,690117,10187,68770,513-204,75511,990198,123207,956193,836
Investing Activities
capital expenditure-91,174-188,8674,41322,433-285,370-99,500-134,665-36,0002,628-64,919-33,350-10,113-55,140-17,808-259,506
Change in Investments000000000000000
cash flow from investments-91,174-188,8674,41322,433-285,370-99,500-134,665-36,0002,628-64,919-33,350-10,113-55,140-17,808-259,506
Financing Activities
Bank loans000000000000000
Group/Directors Accounts49,87800000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000274,837
interest18,89722,7042,3563132,5104,0012,3276178035821,1591,742612628,190
cash flow from financing68,77522,7042,3563132,5104,0012,3276178035821,1591,7426126303,027
cash and cash equivalents
cash-437,52622,240170,509145,031-187,383-210,341346,35290,68182,1546,175-236,9463,619143,04472,966130,613
overdraft000000000000000
change in cash-437,52622,240170,509145,031-187,383-210,341346,35290,68182,1546,175-236,9463,619143,04472,966130,613

nottingham 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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Nottingham Recycling Limited Competitor Analysis

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Perform a competitor analysis for nottingham recycling limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in CV3 area or any other competitors across 12 key performance metrics.

nottingham recycling limited Ownership

NOTTINGHAM RECYCLING LIMITED group structure

Nottingham Recycling Limited has no subsidiary companies.

Ultimate parent company

2 parents

NOTTINGHAM RECYCLING LIMITED

03249021

NOTTINGHAM RECYCLING LIMITED Shareholders

macfarlane group uk limited 100%

nottingham recycling limited directors

Nottingham Recycling Limited currently has 4 directors. The longest serving directors include Mr John Greenwood (Sep 1996) and Mr Ivor Gray (Sep 2017).

officercountryagestartendrole
Mr John Greenwood69 years Sep 1996- Director
Mr Ivor GrayScotland55 years Sep 2017- Director
Mr Peter Atkinson68 years Sep 2017- Director
Mr James MacDonaldScotland39 years Jan 2021- Director

P&L

February 2024

turnover

1.8m

-4%

operating profit

-279.9k

0%

gross margin

27.1%

+17%

turnover

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

Balance Sheet

February 2024

net assets

327.5k

-0.44%

total assets

882.4k

-0.29%

cash

141.2k

-0.76%

net assets

Total assets minus all liabilities

nottingham recycling limited company details

company number

03249021

Type

Private limited with Share Capital

industry

38210 - Treatment and disposal of non-hazardous waste

incorporation date

September 1996

age

29

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

February 2024

previous names

N/A

accountant

BROOKS MAYFIELD LIMITED

auditor

-

address

c/o macfarlane group uk limited, siskin parkway east, coventry, CV3 4PE

Bank

-

Legal Advisor

-

nottingham 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 1 charges/mortgages relating to nottingham recycling limited. Currently there are 1 open charges and 0 have been satisfied in the past.

nottingham 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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nottingham recycling limited Companies House Filings - See Documents

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