viridor resource management limited
viridor resource management limited Company Information
Company Number
03649069
Website
www.viridor.co.ukRegistered Address
ashford house grenadier road, exeter, EX1 3LH
Industry
Recovery of sorted materials
Telephone
0800601601
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
viridor polymer recycling limited 100%
viridor resource management limited Estimated Valuation
Pomanda estimates the enterprise value of VIRIDOR RESOURCE MANAGEMENT LIMITED at £70.1m based on a Turnover of £64.7m and 1.08x industry multiple (adjusted for size and gross margin).
viridor resource management limited Estimated Valuation
Pomanda estimates the enterprise value of VIRIDOR RESOURCE MANAGEMENT LIMITED at £0 based on an EBITDA of £-171k and a 7.34x industry multiple (adjusted for size and gross margin).
viridor resource management limited Estimated Valuation
Pomanda estimates the enterprise value of VIRIDOR RESOURCE MANAGEMENT LIMITED at £0 based on Net Assets of £-3.9m and 3.42x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Viridor Resource Management Limited Overview
Viridor Resource Management Limited is a live company located in exeter, EX1 3LH with a Companies House number of 03649069. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in October 1998, it's largest shareholder is viridor polymer recycling limited with a 100% stake. Viridor Resource Management Limited is a mature, large sized company, Pomanda has estimated its turnover at £64.7m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Viridor Resource Management Limited Health Check
Pomanda's financial health check has awarded Viridor Resource Management Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £64.7m, make it larger than the average company (£14m)
£64.7m - Viridor Resource Management Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (10.2%)
-12% - Viridor Resource Management Limited
10.2% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (22.3%)
13.3% - Viridor Resource Management Limited
22.3% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (7.6%)
-0.4% - Viridor Resource Management Limited
7.6% - Industry AVG
Employees
with 82 employees, this is above the industry average (36)
- Viridor Resource Management Limited
36 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Viridor Resource Management Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £789.5k, this is more efficient (£325.9k)
- Viridor Resource Management Limited
£325.9k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (34 days)
61 days - Viridor Resource Management Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (36 days)
0 days - Viridor Resource Management Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (11 days)
1 days - Viridor Resource Management Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Viridor Resource Management Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.8%, this is a higher level of debt than the average (52%)
104.8% - Viridor Resource Management Limited
52% - Industry AVG
VIRIDOR RESOURCE MANAGEMENT LIMITED financials
Viridor Resource Management Limited's latest turnover from March 2023 is £64.7 million and the company has net assets of -£3.9 million. According to their latest financial statements, we estimate that Viridor Resource Management Limited has 82 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 64,737,000 | 85,552,000 | 84,743,000 | 95,291,000 | 105,888,000 | 110,050,000 | 120,440,000 | 127,507,000 | 149,098,000 | 140,085,000 | 133,308,000 | 151,243,000 | 122,416,000 | 61,664,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -236,000 | 3,018,000 | 1,730,000 | 511,000 | 1,558,000 | 2,267,000 | -3,223,000 | 2,412,000 | 3,432,000 | 14,006,000 | 4,984,000 | 12,274,000 | 19,336,000 | 11,388,000 |
| Interest Payable | 1,000 | 15,000 | 11,000 | 63,000 | 71,000 | 108,000 | 14,000 | 49,000 | 6,000 | 76,000 | 16,000 | 0 | 1,000 | 70,000 |
| Interest Receivable | 0 | 0 | 27,000 | 30,000 | 25,000 | 42,000 | 238,000 | 161,000 | 409,000 | 141,000 | 294,000 | 487,000 | 515,000 | 385,000 |
| Pre-Tax Profit | -237,000 | 3,003,000 | 1,746,000 | 478,000 | 1,512,000 | 2,201,000 | -2,999,000 | 2,524,000 | 3,835,000 | 14,071,000 | 5,262,000 | 12,761,000 | 19,850,000 | 11,703,000 |
| Tax | -9,214,000 | -506,000 | -332,000 | -89,000 | -289,000 | -787,000 | 587,000 | -361,000 | -412,000 | -4,883,000 | -150,000 | -758,000 | -5,570,000 | -3,303,000 |
| Profit After Tax | -9,451,000 | 2,497,000 | 1,414,000 | 389,000 | 1,223,000 | 1,414,000 | -2,412,000 | 2,163,000 | 3,423,000 | 9,188,000 | 5,112,000 | 12,003,000 | 14,280,000 | 8,400,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 11,895,000 | 0 | 0 | 15,000,000 | 0 | 0 | 7,240,000 | 15,040,000 | 9,050,000 | 0 |
| Retained Profit | -9,451,000 | 2,497,000 | 1,414,000 | 389,000 | -10,672,000 | 1,414,000 | -2,412,000 | -12,837,000 | 3,423,000 | 9,188,000 | -2,128,000 | -3,037,000 | 5,230,000 | 8,400,000 |
| Employee Costs | 0 | 545,000 | 2,867,000 | 2,475,000 | 2,124,000 | 1,753,000 | 904,000 | 1,908,000 | 1,455,000 | 1,615,000 | 1,475,000 | 1,596,000 | 1,562,000 | 1,215,000 |
| Number Of Employees | 46 | 49 | 42 | 35 | 26 | 27 | 29 | 29 | 31 | 32 | 27 | 22 | ||
| EBITDA* | -171,000 | 3,115,000 | 1,808,000 | 554,000 | 1,558,000 | 2,267,000 | -3,223,000 | 2,412,000 | 3,432,000 | 14,006,000 | 4,984,000 | 12,274,000 | 19,336,000 | 12,358,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 102,000 | 213,000 | 199,000 | 320,000 | 186,000 | 34,000 | 282,000 | 46,000 | 29,000 | 103,000 | 119,000 | 127,000 | 157,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 10,000 | 31,000 | 0 | 17,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 92,000 | 182,000 | 199,000 | 303,000 | 186,000 | 34,000 | 282,000 | 46,000 | 29,000 | 103,000 | 119,000 | 127,000 | 157,000 | 0 |
| Stock & work in progress | 155,000 | 393,000 | 523,000 | 739,000 | 1,278,000 | 1,859,000 | 1,659,000 | 1,467,000 | 1,132,000 | 932,000 | 1,053,000 | 1,716,000 | 0 | 0 |
| Trade Debtors | 10,920,000 | 10,711,000 | 11,160,000 | 10,488,000 | 19,550,000 | 13,614,000 | 27,656,000 | 16,392,000 | 16,885,000 | 19,711,000 | 25,570,000 | 26,960,000 | 28,255,000 | 15,058,000 |
| Group Debtors | 70,122,000 | 8,808,000 | 2,028,000 | 3,112,000 | 1,929,000 | 6,393,000 | 7,418,000 | 12,832,000 | 23,231,000 | 17,100,000 | 8,084,000 | 12,162,000 | 13,529,000 | 14,725,000 |
| Misc Debtors | 0 | 470,000 | 295,000 | 2,271,000 | 272,000 | 869,000 | 3,094,000 | 1,295,000 | 1,903,000 | 2,972,000 | 4,060,000 | 2,842,000 | 1,886,000 | 374,000 |
| Cash | 1,313,000 | 8,757,000 | 6,605,000 | 4,543,000 | 3,461,000 | 9,133,000 | 4,907,000 | 3,870,000 | 2,575,000 | 3,389,000 | 3,992,000 | 1,756,000 | 2,266,000 | 1,298,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,312,000 | 0 | 0 |
| total current assets | 82,515,000 | 29,139,000 | 20,611,000 | 21,153,000 | 26,490,000 | 31,868,000 | 44,734,000 | 35,856,000 | 45,726,000 | 44,104,000 | 42,759,000 | 48,748,000 | 45,936,000 | 31,455,000 |
| total assets | 82,607,000 | 29,321,000 | 20,810,000 | 21,456,000 | 26,676,000 | 31,902,000 | 45,016,000 | 35,902,000 | 45,755,000 | 44,207,000 | 42,878,000 | 48,875,000 | 46,093,000 | 31,455,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 301,000 | 246,000 | 0 | 420,000 | 656,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 93,000 | 143,000 | 536,000 | 693,000 | 168,000 | 284,000 | 1,652,000 | 2,032,000 | 2,398,000 | 1,720,000 | 1,237,000 | 2,546,000 | 1,099,000 | 1,547,000 |
| Group/Directors Accounts | 0 | 0 | 2,500,000 | 0 | 4,000,000 | 0 | 7,000,000 | 0 | 0 | 0 | 9,020,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,000 | 11,000 | 30,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 86,428,000 | 23,616,000 | 14,588,000 | 18,959,000 | 21,178,000 | 19,722,000 | 25,776,000 | 20,569,000 | 17,274,000 | 20,073,000 | 18,975,000 | 30,425,000 | 26,709,000 | 16,853,000 |
| total current liabilities | 86,530,000 | 23,770,000 | 17,654,000 | 19,692,000 | 25,346,000 | 20,006,000 | 34,428,000 | 22,902,000 | 19,918,000 | 21,793,000 | 29,652,000 | 33,627,000 | 27,808,000 | 18,400,000 |
| loans | 8,000 | 54,000 | 150,000 | 196,000 | 106,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,000 | 27,000 | 22,000 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 106,000 | 106,000 | 106,000 | 106,000 | 106,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,000 | 27,000 | 129,000 | 151,000 | 106,000 | 0 | 106,000 | 106,000 | 106,000 | 106,000 | 106,000 | 0 | 0 | 0 |
| total liabilities | 86,534,000 | 23,797,000 | 17,783,000 | 19,843,000 | 25,452,000 | 20,006,000 | 34,534,000 | 23,008,000 | 20,024,000 | 21,899,000 | 29,758,000 | 33,627,000 | 27,808,000 | 18,400,000 |
| net assets | -3,927,000 | 5,524,000 | 3,027,000 | 1,613,000 | 1,224,000 | 11,896,000 | 10,482,000 | 12,894,000 | 25,731,000 | 22,308,000 | 13,120,000 | 15,248,000 | 18,285,000 | 13,055,000 |
| total shareholders funds | -3,927,000 | 5,524,000 | 3,027,000 | 1,613,000 | 1,224,000 | 11,896,000 | 10,482,000 | 12,894,000 | 25,731,000 | 22,308,000 | 13,120,000 | 15,248,000 | 18,285,000 | 13,055,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -236,000 | 3,018,000 | 1,730,000 | 511,000 | 1,558,000 | 2,267,000 | -3,223,000 | 2,412,000 | 3,432,000 | 14,006,000 | 4,984,000 | 12,274,000 | 19,336,000 | 11,388,000 |
| Depreciation | 65,000 | 97,000 | 78,000 | 43,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 970,000 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -9,214,000 | -506,000 | -332,000 | -89,000 | -289,000 | -787,000 | 587,000 | -361,000 | -412,000 | -4,883,000 | -150,000 | -758,000 | -5,570,000 | -3,303,000 |
| Stock | -238,000 | -130,000 | -216,000 | -539,000 | -581,000 | 200,000 | 192,000 | 335,000 | 200,000 | -121,000 | -663,000 | 1,716,000 | 0 | 0 |
| Debtors | 61,032,000 | 6,537,000 | -2,405,000 | -5,893,000 | 905,000 | -17,292,000 | 7,649,000 | -11,500,000 | 2,236,000 | 2,069,000 | -4,250,000 | -1,706,000 | 13,513,000 | 30,157,000 |
| Creditors | -50,000 | -393,000 | -157,000 | 525,000 | -116,000 | -1,368,000 | -380,000 | -366,000 | 678,000 | 483,000 | -1,309,000 | 1,447,000 | -448,000 | 1,547,000 |
| Accruals and Deferred Income | 62,812,000 | 9,028,000 | -4,371,000 | -2,219,000 | 1,456,000 | -6,054,000 | 5,207,000 | 3,295,000 | -2,799,000 | 1,098,000 | -11,450,000 | 3,716,000 | 9,856,000 | 16,853,000 |
| Deferred Taxes & Provisions | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -7,417,000 | 4,835,000 | -429,000 | 5,203,000 | 2,285,000 | -5,650,000 | 16,145,000 | -1,537,000 | 8,756,000 | -3,012,000 | 16,669,000 | 9,661,000 | -2,702,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -2,500,000 | 2,500,000 | -4,000,000 | 4,000,000 | -7,000,000 | 7,000,000 | 0 | 0 | -9,020,000 | 9,020,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -46,000 | -96,000 | -46,000 | 90,000 | 106,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -25,000 | -14,000 | -33,000 | 85,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -106,000 | 0 | 0 | 0 | 0 | 106,000 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,000 | -15,000 | 16,000 | -33,000 | -46,000 | -66,000 | 224,000 | 112,000 | 403,000 | 65,000 | 278,000 | 487,000 | 514,000 | 315,000 |
| cash flow from financing | -72,000 | -2,625,000 | 2,437,000 | -3,858,000 | 4,060,000 | -7,172,000 | 7,224,000 | 112,000 | 403,000 | -8,955,000 | 9,404,000 | 487,000 | 514,000 | 4,970,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -7,444,000 | 2,152,000 | 2,062,000 | 1,082,000 | -5,672,000 | 4,226,000 | 1,037,000 | 1,295,000 | -814,000 | -603,000 | 2,236,000 | -510,000 | 968,000 | 1,298,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -301,000 | 55,000 | 246,000 | -420,000 | -236,000 | 656,000 | 0 | 0 |
| change in cash | -7,444,000 | 2,152,000 | 2,062,000 | 1,082,000 | -5,672,000 | 4,226,000 | 1,338,000 | 1,240,000 | -1,060,000 | -183,000 | 2,472,000 | -1,166,000 | 968,000 | 1,298,000 |
viridor resource management limited Credit Report and Business Information
Viridor Resource Management Limited Competitor Analysis
Perform a competitor analysis for viridor resource management limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other large companies, companies in EX1 area or any other competitors across 12 key performance metrics.
viridor resource management limited Ownership
VIRIDOR RESOURCE MANAGEMENT LIMITED group structure
Viridor Resource Management Limited has 2 subsidiary companies.
Ultimate parent company
KKR PLANETS AGGREGATOR LP
#0161738
2 parents
VIRIDOR RESOURCE MANAGEMENT LIMITED
03649069
2 subsidiaries
viridor resource management limited directors
Viridor Resource Management Limited currently has 4 directors. The longest serving directors include Mr Nicholas Maddock (Oct 2020) and Mr Dominic Howson (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Maddock | United Kingdom | 53 years | Oct 2020 | - | Director |
| Mr Dominic Howson | United Kingdom | 47 years | Jun 2023 | - | Director |
| Mr Ian Mairs | England | 40 years | Jul 2023 | - | Director |
| Mr Lee Hodder | England | 43 years | Nov 2023 | - | Director |
P&L
March 2023turnover
64.7m
-24%
operating profit
-236k
-108%
gross margin
13.4%
+6.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.9m
-1.71%
total assets
82.6m
+1.82%
cash
1.3m
-0.85%
net assets
Total assets minus all liabilities
viridor resource management limited company details
company number
03649069
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
October 1998
age
26
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
grosvenor waste management ltd (December 2007)
easyjoin limited (January 1999)
accountant
-
auditor
-
address
ashford house grenadier road, exeter, EX1 3LH
Bank
-
Legal Advisor
-
viridor resource management 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 4 charges/mortgages relating to viridor resource management limited. Currently there are 1 open charges and 3 have been satisfied in the past.
viridor resource management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
