Material Change Composting Limited

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material change composting limited Company Information

Company Number

04517359

Next Accounts

Sep 2025

Directors

Edward Bastow

Stefania Trivellato

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Shareholders

mc asset co limited

Group Structure

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Industry

Treatment and disposal of non-hazardous waste

Registered Address

c/o material change ltd, the amp, 46-50 rutherford drive, wellingborough, NN8 6AX

Website

www.material-change.com

material change composting limited Estimated Valuation

£7m

Pomanda estimates the enterprise value of MATERIAL CHANGE COMPOSTING LIMITED at £7m based on Net Assets of £2.7m and 2.55x industry multiple (adjusted for liquidity).

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Material Change Composting Limited is a live company located in wellingborough, NN8 6AX with a Companies House number of 04517359. It operates in the treatment and disposal of non-hazardous waste sector, SIC Code 38210. Founded in August 2002, it's largest shareholder is mc asset co limited with a 100% stake. Material Change Composting Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with declining growth in recent years.

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Pomanda's financial health check has awarded Material Change Composting Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

2 Strong

4 Regular

6 Weak

Size

annual sales of £3.4m, make it smaller than the average company (£14.9m)

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.7%)

EXPORT

Material Change Composting Limited's latest turnover from December 2023 is estimated at £3.4 million and the company has net assets of £2.7 million. According to their latest financial statements, we estimate that Material Change Composting Limited has 12 employees and maintains cash reserves of £727.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	3,404,529	4,078,279	4,319,380	3,836,111	4,862,679	3,520,602	18,507,534	10,569,948	7,609,421	19,036,131	3,647,704	3,925,283	20,807,081	4,795,385
Other Income Or Grants
Cost Of Sales	2,596,726	2,687,029	2,717,844	2,265,668	3,840,910	2,830,181	14,531,534	8,219,309	6,126,485	15,630,026	2,702,996	2,706,060	16,324,812	3,758,978
Gross Profit	807,803	1,391,250	1,601,536	1,570,443	1,021,769	690,421	3,976,001	2,350,640	1,482,937	3,406,105	944,708	1,219,223	4,482,269	1,036,407
Admin Expenses	904,276	837,943	972,280	1,022,085	-43,442	478,407	3,452,438	1,820,971	1,523,008	3,560,143	951,596	804,286	4,157,825	744,360	96,091
Operating Profit	-96,473	553,307	629,256	548,358	1,065,211	212,014	523,563	529,669	-40,071	-154,038	-6,888	414,937	324,444	292,047	-96,091
Interest Payable		20,447	8,659	30,289	39,541	59,073	66,693	94,915	57,946	17,948	43,516	40,838		2,578	2,578
Interest Receivable	32,201			33,653	3,295	1,968	8	8	11	70	311		768	10	1
Pre-Tax Profit	-64,272	532,860	620,597	551,722	1,028,964	154,909	456,878	434,763	-98,005	-171,916	137,407	374,099	325,212	289,479	-98,668
Tax		-116,146	-79,609	37,242	-195,503	-29,433	-86,807	-86,952			9,156	-54,262	-84,555	-81,054
Profit After Tax	-64,272	416,714	540,988	588,964	833,461	125,476	370,071	347,810	-98,005	-171,916	146,563	319,837	240,657	208,425	-98,668
Dividends Paid			793,643	842,634
Retained Profit	-64,272	416,714	-252,655	-253,670	833,461	125,476	370,071	347,810	-98,005	-171,916	146,563	319,837	240,657	208,425	-98,668
Employee Costs	504,737	568,247	590,540	532,301	626,071	98,321	1,225,545	1,239,604	952,044	2,262,500	384,631	498,667	2,891,588	589,920
Number Of Employees	12	14	16	15	18	3	39	39	31	75	13	17	102	21
EBITDA*	290,993	944,934	1,117,769	864,524	1,449,017	779,505	1,056,621	1,017,291	388,518	243,409	356,390	806,156	610,474	553,008	192,878

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	1,852,214	1,899,785	1,581,545	1,367,368	1,649,968	1,830,576	2,450,062	2,428,136	2,211,599	2,185,560	2,430,081	2,158,516	2,006,516	947,300	1,076,027
Intangible Assets	647	1,548	2,458	3,358	8,179	-1,646	30,505	58,063	85,621	-133,938	-162,465	-191,088	11,506	12,391	13,276
Investments & Other							420,001	420,001	420,001	420,001			1	1	1
Debtors (Due After 1 year)	771,767	771,767	771,767	768,837	1,335,821	523,119	178,750	178,750	178,750	178,750	178,750	178,750
Total Fixed Assets	2,624,628	2,673,100	2,355,770	2,139,563	2,993,968	2,352,049	3,079,318	3,084,950	2,895,971	2,650,373	2,446,366	2,146,178	2,018,023	959,692	1,089,304
Stock & work in progress	93,233	97,290	59,555	64,116	60,338	53,556	60,327	68,183	91,266	135,702	141,672	114,805	81,112	20,224	20,224
Trade Debtors	404,695	536,047	592,005	650,404	732,792	541,364	3,584,420	1,650,200	1,166,593	2,268,741	700,567	911,238	2,688,434	653,842	526,117
Group Debtors	7,856	19,909	15,466				97,470	73,533	145,136		107,831
Misc Debtors	136,994	337,474	64,748	71,970	100,838	346,412	57,945	598,061	673,564		242,328	228,030
Cash	727,448	499,252	212,428	395,697	356,686	521,862	2,919	3,617	2,420	2,067	25,775	198,448	303,697	3,700	200
misc current assets
total current assets	1,370,226	1,489,972	944,202	1,182,187	1,250,654	1,463,194	3,803,081	2,393,594	2,078,979	2,406,510	1,218,173	1,452,521	3,073,243	677,766	546,541
total assets	3,994,854	4,163,072	3,299,972	3,321,750	4,244,622	3,815,243	6,882,399	5,478,544	4,974,950	5,056,883	3,664,539	3,598,699	5,091,266	1,637,458	1,635,845
Bank overdraft							241,335	124,323	137,375		57,499	22,375
Bank loan
Trade Creditors	146,168	135,290	144,057	99,631	144,119	206,211	2,576,378	1,063,085	643,043	2,150,455	474,856	337,516	2,903,259	529,490	799,760
Group/Directors Accounts	32,389	29,816	19,161				171,677	305,614	292,216		61,005	37,678
other short term finances
hp & lease commitments	238,990	240,208	147,587	156,751	149,241	165,464	240,197	243,715	195,599		304,041	368,138
other current liabilities	236,904	189,499	215,958	175,980	299,997	276,045	668,452	636,878	688,744		464,303	570,725
total current liabilities	654,451	594,813	526,763	432,362	593,357	647,720	3,898,039	2,373,615	1,956,977	2,150,455	1,361,704	1,336,432	2,903,259	529,490	799,760
loans					301,125	870,465	638,515	1,130,000	1,645,566		494,737	521,184			79,321
hp & lease commitments	238,086	393,517	131,327	74,460	244,300	79,883	231,991	280,573	100,292		269,717	340,109
Accruals and Deferred Income
other liabilities										1,516,075			1,187,372	348,010	205,231
provisions	356,025	364,178	248,032	168,423	205,665	150,461	172,616	123,189	48,758	68,991	45,103	54,259
total long term liabilities	594,111	757,695	379,359	242,883	751,090	1,100,809	1,043,122	1,533,762	1,794,616	1,585,066	809,557	915,552	1,187,372	348,010	284,552
total liabilities	1,248,562	1,352,508	906,122	675,245	1,344,447	1,748,529	4,941,161	3,907,377	3,751,593	3,735,521	2,171,261	2,251,984	4,090,631	877,500	1,084,312
net assets	2,746,292	2,810,564	2,393,850	2,646,505	2,900,175	2,066,714	1,941,238	1,571,167	1,223,357	1,321,362	1,493,278	1,346,715	1,000,635	759,958	551,533
total shareholders funds	2,746,292	2,810,564	2,393,850	2,646,505	2,900,175	2,066,714	1,941,238	1,571,167	1,223,357	1,321,362	1,493,278	1,346,715	1,000,635	759,958	551,533

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	-96,473	553,307	629,256	548,358	1,065,211	212,014	523,563	529,669	-40,071	-154,038	-6,888	414,937	324,444	292,047	-96,091
Depreciation	386,565	390,717	487,613	311,345	337,548	535,340	505,500	460,064	412,798	377,935	382,790	410,732	285,145	260,076	288,969
Amortisation	901	910	900	4,821	46,258	32,151	27,558	27,558	15,791	19,512	-19,512	-19,513	885	885
Tax		-116,146	-79,609	37,242	-195,503	-29,433	-86,807	-86,952			9,156	-54,262	-84,555	-81,054
Stock	-4,057	37,735	-4,561	3,778	6,782	-6,771	-7,856	-23,083	-44,436	-5,970	26,867	33,693	60,888		20,224
Debtors	-343,885	221,211	-47,225	-678,240	758,556	-2,507,690	1,418,041	336,501	-283,448	1,218,015	-88,542	-1,370,416	2,034,592	127,725	526,117
Creditors	10,878	-8,767	44,426	-44,488	-62,092	-2,370,167	1,513,293	420,042	-1,507,412	1,675,599	137,340	-2,565,743	2,373,769	-270,270	799,760
Accruals and Deferred Income	47,405	-26,459	39,978	-124,017	23,952	-392,407	31,574	-51,866	688,744	-464,303	-106,422	570,725
Deferred Taxes & Provisions	-8,153	116,146	79,609	-37,242	55,204	-22,155	49,427	74,431	-20,233	23,888	-9,156	54,259
Cash flow from operations	689,065	650,762	1,253,959	1,370,481	505,240	479,804	1,153,923	1,059,528	-122,499	266,548	448,983	147,858	804,208	73,959	446,297
Investing Activities
capital expenditure	-338,994	-708,957	-701,790	-28,745	-213,023	84,146	-527,426	-676,601	-674,187	-181,453	-663,466	-340,625	-1,344,361	-131,349	-1,378,272
Change in Investments						-420,001				420,001		-1			1
cash flow from investments	-338,994	-708,957	-701,790	-28,745	-213,023	504,147	-527,426	-676,601	-674,187	-601,454	-663,466	-340,624	-1,344,361	-131,349	-1,378,273
Financing Activities
Bank loans
Group/Directors Accounts	2,573	10,655	19,161			-171,677	-133,937	13,398	292,216	-61,005	23,327	37,678
Other Short Term Loans
Long term loans				-301,125	-569,340	231,950	-491,485	-515,566	1,645,566	-494,737	-26,447	521,184		-79,321	79,321
Hire Purchase and Lease Commitments	-156,649	354,811	47,703	-162,330	148,194	-226,841	-52,100	228,397	295,891	-573,758	-134,489	708,247
other long term liabilities									-1,516,075	1,516,075		-1,187,372	839,362	142,779	205,231
share issue												26,243	20		650,201
interest	32,201	-20,447	-8,659	3,364	-36,246	-57,105	-66,685	-94,907	-57,935	-17,878	-43,205	-40,838	768	-2,568	-2,577
cash flow from financing	-121,875	345,019	58,205	-460,091	-457,392	-223,673	-744,207	-368,678	659,663	368,697	-180,814	65,142	840,150	60,890	932,176
cash and cash equivalents
cash	228,196	286,824	-183,269	39,011	-165,176	518,943	-698	1,197	353	-23,708	-172,673	-105,249	299,997	3,500	200
overdraft						-241,335	117,012	-13,052	137,375	-57,499	35,124	22,375
change in cash	228,196	286,824	-183,269	39,011	-165,176	760,278	-117,710	14,249	-137,022	33,791	-207,797	-127,624	299,997	3,500	200

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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MATERIAL CHANGE COMPOSTING LIMITED group structure

Material Change Composting Limited has 2 subsidiary companies.

Ultimate parent company

PALISADE REAL ASSETS PTY LTD

#0143658

MC ASSET CO LIMITED

11108170

2 parents

MATERIAL CHANGE COMPOSTING LIMITED

04517359

2 subsidiaries

MATERIAL CHANGE DECOY LIMITED

07724581

MATERIAL CHANGE CREETING LIMITED

07739062

MATERIAL CHANGE COMPOSTING LIMITED Shareholders

mc asset co limited

100%

Material Change Composting Limited currently has 4 directors. The longest serving directors include Mr Edward Bastow (May 2007) and Miss Stefania Trivellato (Nov 2018).

officer	country	age	start	end	role
Mr Edward Bastow		56 years	May 2007	-	Director
Miss Stefania Trivellato	United Kingdom	42 years	Nov 2018	-	Director
Ms Hannah Miles	England	51 years	Jul 2024	-	Director
Mr Nicholas Clements	England	52 years	Jul 2024	-	Director

P&L

December 2023

turnover

3.4m

-17%

operating profit

-96.5k

gross margin

23.8%

-30.45%

turnover

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

Balance Sheet

December 2023

net assets

2.7m

-0.02%

total assets

-0.04%

cash

727.4k

+0.46%

net assets

Total assets minus all liabilities

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company number

04517359

Type

Private limited with Share Capital

industry

38210 - Treatment and disposal of non-hazardous waste

incorporation date

August 2002

ultimate parent company

PALISADE REAL ASSETS PTY LTD

previous names

material change limited (January 2018)

howper 423 limited (October 2002)

address

c/o material change ltd, the amp, 46-50 rutherford drive, wellingborough, NN8 6AX

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 2 charges/mortgages relating to material change composting limited. Currently there are 0 open charges and 2 have been satisfied in the past.

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material change composting limited Company Information

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material change composting limited Estimated Valuation

material change composting limited Estimated Valuation

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