south downs waste services limited
south downs waste services limited Company Information
Company Number
04362726
Next Accounts
Sep 2025
Industry
Treatment and disposal of non-hazardous waste
Collection of non-hazardous waste
Shareholders
veolia es aurora ltd
Group Structure
View All
Contact
Registered Address
210 pentonville road, london, N1 9JY
Website
veolia.co.uksouth downs waste services limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH DOWNS WASTE SERVICES LIMITED at £47.4m based on a Turnover of £52.8m and 0.9x industry multiple (adjusted for size and gross margin).
south downs waste services limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH DOWNS WASTE SERVICES LIMITED at £85.6m based on an EBITDA of £16.6m and a 5.14x industry multiple (adjusted for size and gross margin).
south downs waste services limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH DOWNS WASTE SERVICES LIMITED at £4.9m based on Net Assets of £1.7m and 2.86x industry multiple (adjusted for liquidity).
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South Downs Waste Services Limited Overview
South Downs Waste Services Limited is a live company located in london, N1 9JY with a Companies House number of 04362726. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in January 2002, it's largest shareholder is veolia es aurora ltd with a 100% stake. South Downs Waste Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £52.8m with low growth in recent years.
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South Downs Waste Services Limited Health Check
Pomanda's financial health check has awarded South Downs Waste Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £52.8m, make it larger than the average company (£15.2m)
£52.8m - South Downs Waste Services Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.4%)
3% - South Downs Waste Services Limited
8.4% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (23.9%)
6.9% - South Downs Waste Services Limited
23.9% - Industry AVG
Profitability
an operating margin of 24.4% make it more profitable than the average company (7.4%)
24.4% - South Downs Waste Services Limited
7.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (47)
5 - South Downs Waste Services Limited
47 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - South Downs Waste Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £10.6m, this is more efficient (£241.2k)
£10.6m - South Downs Waste Services Limited
£241.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (41 days)
43 days - South Downs Waste Services Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (29 days)
2 days - South Downs Waste Services Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - South Downs Waste Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - South Downs Waste Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (65.1%)
99.2% - South Downs Waste Services Limited
65.1% - Industry AVG
SOUTH DOWNS WASTE SERVICES LIMITED financials
South Downs Waste Services Limited's latest turnover from December 2023 is £52.8 million and the company has net assets of £1.7 million. According to their latest financial statements, South Downs Waste Services Limited has 5 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 | 52,784,000 | 50,126,000 | 49,977,000 | 48,242,000 | 48,422,000 | 49,035,000 | 48,739,000 | 48,138,000 | 46,664,000 | 51,089,000 | 48,200,000 | 47,544,000 | 40,407,000 | 35,308,000 | 28,109,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 49,156,000 | 45,861,000 | 45,070,000 | 42,723,000 | 42,427,000 | 43,047,000 | 42,743,000 | 42,256,000 | 40,958,000 | 40,367,000 | 44,112,000 | 44,168,000 | 39,697,000 | 37,424,000 | 29,248,000 |
| Gross Profit | 3,628,000 | 4,265,000 | 4,907,000 | 5,519,000 | 5,995,000 | 5,988,000 | 5,996,000 | 5,882,000 | 5,706,000 | 10,722,000 | 4,088,000 | 3,376,000 | 710,000 | -2,116,000 | -1,139,000 |
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Operating Profit | 4,907,000 | 5,519,000 | 5,995,000 | 4,088,000 | 3,376,000 | 710,000 | -2,116,000 | -1,139,000 | |||||||
| Interest Payable | 11,168,000 | 6,321,000 | 4,333,000 | 4,717,000 | 5,554,000 | 5,514,000 | 5,000,000 | 5,302,000 | 5,490,000 | 6,315,000 | 4,130,000 | 3,523,000 | 2,935,000 | 707,000 | 322,000 |
| Interest Receivable | 3,330,000 | 910,000 | 80,000 | 159,000 | 246,000 | 265,000 | 121,000 | 129,000 | 80,000 | 38,000 | 42,000 | 147,000 | 2,226,000 | 2,000 | 0 |
| Pre-Tax Profit | -4,210,000 | -1,146,000 | 654,000 | 961,000 | 687,000 | 739,000 | 1,117,000 | 709,000 | 296,000 | 4,445,000 | 0 | 0 | 0 | -2,821,000 | -1,461,000 |
| Tax | 541,000 | 97,000 | -6,201,000 | -2,483,000 | -712,000 | -468,000 | -508,000 | 716,000 | 1,226,000 | -944,000 | 2,388,000 | 1,363,000 | 661,000 | 994,000 | 301,000 |
| Profit After Tax | -3,669,000 | -1,049,000 | -5,547,000 | -1,522,000 | -25,000 | 271,000 | 609,000 | 1,425,000 | 1,522,000 | 3,501,000 | 2,388,000 | 1,363,000 | 661,000 | -1,827,000 | -1,160,000 |
| Dividends Paid | 0 | 0 | 0 | 16,051,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,669,000 | -1,049,000 | -5,547,000 | -17,573,000 | -25,000 | 271,000 | 609,000 | 1,425,000 | 1,522,000 | 3,501,000 | 2,388,000 | 1,363,000 | 661,000 | -1,827,000 | -1,160,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 76,000 | 71,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||
| EBITDA* | 8,665,000 | 9,242,000 | 9,719,000 | 13,580,000 | 12,843,000 | 6,007,000 | 0 | 0 |
* 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 | 0 | 0 | 5,000 | 11,000 | 17,000 | 24,000 | 30,000 | 36,000 | 43,000 | 1,362,000 | 175,265,000 | 184,739,000 | 194,673,000 | 166,693,000 | 121,561,000 |
| Intangible Assets | 33,745,000 | 37,526,000 | 41,307,000 | 45,059,000 | 48,776,000 | 52,493,000 | 56,216,000 | 59,932,000 | 63,650,000 | 62,208,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 89,647,000 | 96,104,000 | 101,873,000 | 106,988,000 | 111,503,000 | 115,439,000 | 118,900,000 | 121,898,000 | 124,465,000 | 133,246,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 123,392,000 | 133,630,000 | 143,185,000 | 152,058,000 | 160,296,000 | 167,956,000 | 175,146,000 | 181,866,000 | 188,158,000 | 196,816,000 | 175,265,000 | 184,739,000 | 194,673,000 | 166,693,000 | 121,561,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,255,000 | 5,996,000 | 6,134,000 | 4,424,000 | 4,974,000 | 3,600,000 | 3,601,000 | 2,400,000 | 7,789,000 | 6,947,000 | 6,460,000 | 7,006,000 | 6,181,000 | 5,835,000 | 4,836,000 |
| Group Debtors | 71,630,000 | 51,821,000 | 44,134,000 | 39,227,000 | 30,697,000 | 31,547,000 | 35,173,000 | 20,732,000 | 24,740,000 | 12,263,000 | 34,510,000 | 1,000,000 | 1,000,000 | 1,000,000 | 13,561,000 |
| Misc Debtors | 6,457,000 | 5,769,000 | 5,115,000 | 4,515,000 | 3,936,000 | 7,057,000 | 7,628,000 | 8,557,000 | 2,391,000 | 2,239,000 | 1,752,000 | 5,261,000 | 8,923,000 | 10,735,000 | 1,567,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 84,342,000 | 63,586,000 | 55,383,000 | 48,166,000 | 39,607,000 | 42,204,000 | 46,402,000 | 31,689,000 | 34,920,000 | 21,449,000 | 42,722,000 | 13,267,000 | 16,104,000 | 17,570,000 | 19,964,000 |
| total assets | 207,734,000 | 197,216,000 | 198,568,000 | 200,224,000 | 199,903,000 | 210,160,000 | 221,548,000 | 213,555,000 | 223,078,000 | 218,265,000 | 217,987,000 | 198,006,000 | 210,777,000 | 184,263,000 | 141,525,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 295,000 | 295,000 | 295,000 | 295,000 | 0 | 0 | 0 | 0 | 0 | 3,000 | 3,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 33,547,000 | 17,630,000 | 17,135,000 | 19,900,000 | 2,163,000 | 3,961,000 | 15,912,000 | 9,262,000 | 19,466,000 | 347,000 | 409,000 | 45,436,000 | 44,447,000 | 43,331,000 | 22,985,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,985,000 | 4,340,000 | 3,965,000 | 2,277,000 | 4,086,000 | 1,985,000 | 1,561,000 | 890,000 | 886,000 | 2,306,000 | 2,897,000 | 709,000 | 14,952,000 | 1,274,000 | 2,395,000 |
| total current liabilities | 37,827,000 | 22,265,000 | 21,395,000 | 22,472,000 | 6,249,000 | 5,946,000 | 17,473,000 | 10,152,000 | 20,352,000 | 2,656,000 | 3,309,000 | 46,145,000 | 59,399,000 | 44,605,000 | 25,380,000 |
| loans | 147,000,000 | 147,000,000 | 147,000,000 | 147,000,000 | 147,000,000 | 157,000,000 | 157,000,000 | 157,000,000 | 157,000,000 | 169,000,000 | 201,000,000 | 138,800,000 | 139,400,000 | 132,000,000 | 115,500,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 21,194,000 | 22,569,000 | 23,742,000 | 18,774,000 | 17,103,000 | 17,638,000 | 17,770,000 | 17,707,000 | 18,455,000 | 19,541,000 | 11,997,000 | 13,768,000 | 14,048,000 | 10,389,000 | 1,549,000 |
| total long term liabilities | 168,194,000 | 169,569,000 | 170,742,000 | 165,774,000 | 164,103,000 | 174,638,000 | 174,770,000 | 174,707,000 | 175,455,000 | 188,541,000 | 212,997,000 | 152,568,000 | 153,448,000 | 142,389,000 | 117,049,000 |
| total liabilities | 206,021,000 | 191,834,000 | 192,137,000 | 188,246,000 | 170,352,000 | 180,584,000 | 192,243,000 | 184,859,000 | 195,807,000 | 191,197,000 | 216,306,000 | 198,713,000 | 212,847,000 | 186,994,000 | 142,429,000 |
| net assets | 1,713,000 | 5,382,000 | 6,431,000 | 11,978,000 | 29,551,000 | 29,576,000 | 29,305,000 | 28,696,000 | 27,271,000 | 27,068,000 | 1,681,000 | -707,000 | -2,070,000 | -2,731,000 | -904,000 |
| total shareholders funds | 1,713,000 | 5,382,000 | 6,431,000 | 11,978,000 | 29,551,000 | 29,576,000 | 29,305,000 | 28,696,000 | 27,271,000 | 27,068,000 | 1,681,000 | -707,000 | -2,070,000 | -2,731,000 | -904,000 |
| 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 | 4,907,000 | 5,519,000 | 5,995,000 | 4,088,000 | 3,376,000 | 710,000 | -2,116,000 | -1,139,000 | |||||||
| Depreciation | 0 | 5,000 | 6,000 | 6,000 | 7,000 | 6,000 | 6,000 | 7,000 | 6,000 | 123,000 | 9,492,000 | 9,467,000 | 5,297,000 | 2,116,000 | 1,139,000 |
| Amortisation | 3,781,000 | 3,781,000 | 3,752,000 | 3,717,000 | 3,717,000 | 3,723,000 | 3,716,000 | 3,718,000 | 3,429,000 | 3,429,000 | 0 | 0 | 0 | 0 | 0 |
| Tax | 541,000 | 97,000 | -6,201,000 | -2,483,000 | -712,000 | -468,000 | -508,000 | 716,000 | 1,226,000 | -944,000 | 2,388,000 | 1,363,000 | 661,000 | 994,000 | 301,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,299,000 | 2,434,000 | 2,102,000 | 4,044,000 | -6,533,000 | -7,659,000 | 11,715,000 | -5,798,000 | 4,690,000 | 111,973,000 | 29,455,000 | -2,837,000 | -1,466,000 | -2,394,000 | 19,964,000 |
| Creditors | 0 | 0 | 0 | 295,000 | 0 | 0 | 0 | 0 | -3,000 | 0 | 3,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -355,000 | 375,000 | 1,688,000 | -1,809,000 | 2,101,000 | 424,000 | 671,000 | 4,000 | -1,420,000 | -591,000 | 2,188,000 | -14,243,000 | 13,678,000 | -1,121,000 | 2,395,000 |
| Deferred Taxes & Provisions | -1,375,000 | -1,173,000 | 4,968,000 | 1,671,000 | -535,000 | -132,000 | 63,000 | -748,000 | -1,086,000 | 7,544,000 | -1,771,000 | -280,000 | 3,659,000 | 8,840,000 | 1,549,000 |
| Cash flow from operations | 7,018,000 | 2,872,000 | 17,106,000 | -13,067,000 | 2,520,000 | 25,471,000 | 11,107,000 | -15,719,000 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 15,917,000 | 495,000 | -2,765,000 | 17,737,000 | -1,798,000 | -11,951,000 | 6,650,000 | -10,204,000 | 19,119,000 | -62,000 | -45,027,000 | 989,000 | 1,116,000 | 20,346,000 | 22,985,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -10,000,000 | 0 | 0 | 0 | -12,000,000 | -32,000,000 | 62,200,000 | -600,000 | 7,400,000 | 16,500,000 | 115,500,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -7,838,000 | -5,411,000 | -4,253,000 | -4,558,000 | -5,308,000 | -5,249,000 | -4,879,000 | -5,173,000 | -5,410,000 | -6,277,000 | -4,088,000 | -3,376,000 | -709,000 | -705,000 | -322,000 |
| cash flow from financing | 8,079,000 | -4,916,000 | -7,018,000 | 13,179,000 | -17,106,000 | -17,200,000 | 1,771,000 | -15,377,000 | 390,000 | -16,453,000 | 13,085,000 | -2,987,000 | 7,807,000 | 36,141,000 | 138,419,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
south downs waste services limited Credit Report and Business Information
South Downs Waste Services Limited Competitor Analysis
Perform a competitor analysis for south downs waste services limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other large companies, companies in N 1 area or any other competitors across 12 key performance metrics.
south downs waste services limited Ownership
SOUTH DOWNS WASTE SERVICES LIMITED group structure
South Downs Waste Services Limited has no subsidiary companies.
Ultimate parent company
VEOLIA ENVIRONNEMENT SA
#0131645
2 parents
SOUTH DOWNS WASTE SERVICES LIMITED
04362726
south downs waste services limited directors
South Downs Waste Services Limited currently has 7 directors. The longest serving directors include Mr Benjamin Slater (Oct 2013) and Mr Christophe Bellynck (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Slater | 53 years | Oct 2013 | - | Director | |
| Mr Christophe Bellynck | 63 years | Jan 2019 | - | Director | |
| Mr Donald MacPhail | England | 57 years | Feb 2020 | - | Director |
| Mr Donald MacPhail | 57 years | Feb 2020 | - | Director | |
| Mr Donald MacPhail | 57 years | Feb 2020 | - | Director | |
| Ms Valerie Clavie | 56 years | Jun 2021 | - | Director | |
| Mrs Tracy Knipe | 56 years | Jul 2024 | - | Director |
P&L
December 2023turnover
52.8m
+5%
operating profit
12.9m
0%
gross margin
6.9%
-19.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
-0.68%
total assets
207.7m
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
south downs waste services limited company details
company number
04362726
Type
Private limited with Share Capital
industry
38210 - Treatment and disposal of non-hazardous waste
38110 - Collection of non-hazardous waste
incorporation date
January 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
210 pentonville road, london, N1 9JY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
south downs waste services 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 did not find charges/mortgages relating to south downs waste services limited.
south downs waste services limited Capital Raised & Share Issues BETA
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south downs waste services limited Companies House Filings - See Documents
| date | description | view/download |
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