wiser recycling limited

2.5

wiser recycling limited Company Information

Share WISER RECYCLING LIMITED
Live 
MatureMidHigh

Company Number

04920416

Registered Address

suite 11 manor mews, bridge street, st. ives, cambridgeshire, PE27 5UW

Industry

Recovery of sorted materials

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

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Directors

Russell Hirst20 Years

Dominic Hirst2 Years

Shareholders

russell hirst 69.7%

dominic james hirst 18.6%

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wiser recycling limited Estimated Valuation

£5.6m

Pomanda estimates the enterprise value of WISER RECYCLING LIMITED at £5.6m based on a Turnover of £8.3m and 0.68x industry multiple (adjusted for size and gross margin).

wiser recycling limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of WISER RECYCLING LIMITED at £1.8m based on an EBITDA of £267.8k and a 6.7x industry multiple (adjusted for size and gross margin).

wiser recycling limited Estimated Valuation

£572.6k

Pomanda estimates the enterprise value of WISER RECYCLING LIMITED at £572.6k based on Net Assets of £181.8k and 3.15x industry multiple (adjusted for liquidity).

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Wiser Recycling Limited Overview

Wiser Recycling Limited is a live company located in st. ives, PE27 5UW with a Companies House number of 04920416. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in October 2003, it's largest shareholder is russell hirst with a 69.7% stake. Wiser Recycling Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.3m with high growth in recent years.

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Wiser Recycling Limited Health Check

Pomanda's financial health check has awarded Wiser Recycling Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £8.3m, make it smaller than the average company (£14.9m)

£8.3m - Wiser Recycling Limited

£14.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (10.3%)

23% - Wiser Recycling Limited

10.3% - Industry AVG

production

Production

with a gross margin of 22.3%, this company has a comparable cost of product (22.3%)

22.3% - Wiser Recycling Limited

22.3% - Industry AVG

profitability

Profitability

an operating margin of 1.8% make it less profitable than the average company (7.8%)

1.8% - Wiser Recycling Limited

7.8% - Industry AVG

employees

Employees

with 76 employees, this is above the industry average (36)

76 - Wiser Recycling Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)

£37.2k - Wiser Recycling Limited

£37.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £108.8k, this is less efficient (£344.5k)

£108.8k - Wiser Recycling Limited

£344.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is earlier than average (33 days)

22 days - Wiser Recycling Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (36 days)

21 days - Wiser Recycling Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (11 days)

4 days - Wiser Recycling Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)

1 weeks - Wiser Recycling Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.6%, this is a higher level of debt than the average (51.7%)

85.6% - Wiser Recycling Limited

51.7% - Industry AVG

wiser 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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Wiser Recycling Limited Competitor Analysis

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wiser recycling limited Ownership

WISER RECYCLING LIMITED group structure

Wiser Recycling Limited has no subsidiary companies.

Ultimate parent company

WISER RECYCLING LIMITED

04920416

WISER RECYCLING LIMITED Shareholders

russell hirst 69.7%
dominic james hirst 18.59%
heather bolter 8.92%
howard john handley 2.79%

wiser recycling limited directors

Wiser Recycling Limited currently has 2 directors. The longest serving directors include Mr Russell Hirst (Oct 2003) and Mr Dominic Hirst (Sep 2021).

officercountryagestartendrole
Mr Russell HirstEngland56 years Oct 2003- Director
Mr Dominic HirstEngland54 years Sep 2021- Director

WISER RECYCLING LIMITED financials

EXPORTms excel logo

Wiser Recycling Limited's latest turnover from March 2023 is estimated at £8.3 million and the company has net assets of £181.8 thousand. According to their latest financial statements, Wiser Recycling Limited has 76 employees and maintains cash reserves of £21.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover8,265,1996,605,0754,327,7674,492,6284,357,3954,304,7515,354,9833,107,7872,668,3873,165,3212,576,3671,385,3041,103,275974,013
Other Income Or Grants00000000000000
Cost Of Sales6,419,2705,088,4353,398,7343,543,0013,420,8253,367,6924,170,5001,019,857971,7052,633,6482,131,6571,122,149876,104740,525
Gross Profit1,845,9291,516,639929,033949,627936,571937,0591,184,4832,087,9301,696,682531,673444,710263,155227,171233,489
Admin Expenses1,701,3081,351,111878,999849,1071,121,4451,030,7961,127,4172,075,0701,603,404522,540493,415234,582152,288255,754
Operating Profit144,621165,52850,034100,520-184,874-93,73757,06612,86093,2789,133-48,70528,57374,883-22,265
Interest Payable20,8593,77118,30621,05921,54120,58228,22121,06816,04000000
Interest Receivable59513515043820004610917815344
Pre-Tax Profit125,038150,74931,74379,462-206,411-114,28131,095-8,20877,2389,179-48,59628,75175,036-22,221
Tax-23,757-28,642-6,031-15,09800-6,219-1,050-15,500-2,1110-7,475-21,0100
Profit After Tax101,281122,10725,71264,364-206,411-114,28124,876-9,25861,7387,068-48,59621,27654,026-22,221
Dividends Paid00000000000000
Retained Profit101,281122,10725,71264,364-206,411-114,28124,876-9,25861,7387,068-48,59621,27654,026-22,221
Employee Costs2,825,0922,195,6471,604,7961,490,7631,469,3241,595,4472,068,134536,720402,970433,833336,800203,000200,459197,885
Number Of Employees7666504646527219141512777
EBITDA*267,794409,474109,958162,213-119,531-16,958141,919162,856225,97190,83329,633114,360152,06443,730

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets333,821300,726139,191182,781246,915315,194341,275621,569444,719353,492257,856202,582217,726223,797
Intangible Assets00000000003774111148
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets333,821300,726139,191182,781246,915315,194341,275621,569444,719353,492257,893202,656217,837223,945
Stock & work in progress78,72387,44580,37579,83860,68769,87475,434110,458121,65468,87550,50015,76414,75515,909
Trade Debtors498,363551,885324,870346,053284,409332,089428,727692,570452,722309,711294,222203,292163,806139,391
Group Debtors00000000000000
Misc Debtors333,239269,441264,246181,211205,293246,453502,296230,949227,77200000
Cash21,8566,12929,8419914480814,4771,28882,54815,84927,72643,59717,617
misc current assets00000000000000
total current assets932,181914,900699,332607,201550,533649,2241,020,9341,035,265802,156381,134360,571246,782222,158172,917
total assets1,266,0021,215,626838,523789,982797,448964,4181,362,2091,656,8341,246,875734,626618,464449,438439,995396,862
Bank overdraft187,106119,256118,319301,552261,693201,693242,944346,797143,11500000
Bank loan00000000000000
Trade Creditors 374,615439,613317,019363,152388,604344,157451,018466,120408,812530,242380,417179,601157,918171,651
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments97,67057,49010,14813,67043,04876,990121,726111,855100,78000000
other current liabilities217,205314,748283,441132,625115,337110,479103,714232,892185,70600000
total current liabilities876,596931,107728,927810,999808,682733,319919,4021,157,664838,413530,242380,417179,601157,918171,651
loans30,00057,341146,95433,36593,84281,012107,655134,299166,08300000
hp & lease commitments134,201127,0574,24912,93726,60767,427107,918169,988139,28800000
Accruals and Deferred Income00000000000000
other liabilities000000000178,531208,062195,156233,172244,332
provisions43,42419,6210007,93238,22530,75029,70014,20025,40021,50017,0003,000
total long term liabilities207,625204,019151,20346,302120,449156,371253,798335,037335,071192,731233,462216,656250,172247,332
total liabilities1,084,2211,135,126880,130857,301929,131889,6901,173,2001,492,7011,173,484722,973613,879396,257408,090418,983
net assets181,78180,500-41,607-67,319-131,68374,728189,009164,13373,39111,6534,58553,18131,905-22,121
total shareholders funds181,78180,500-41,607-67,319-131,68374,728189,009164,13373,39111,6534,58553,18131,905-22,121
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit144,621165,52850,034100,520-184,874-93,73757,06612,86093,2789,133-48,70528,57374,883-22,265
Depreciation123,173243,94659,92461,69365,34376,77984,853149,996132,69381,66378,30185,75077,14465,958
Amortisation0000000003737373737
Tax-23,757-28,642-6,031-15,09800-6,219-1,050-15,500-2,1110-7,475-21,0100
Stock-8,7227,07053719,151-9,187-5,560-35,024-11,19652,77918,37534,7361,009-1,15415,909
Debtors10,276232,21061,85237,562-88,840-352,4817,504243,025370,78315,48990,93039,48624,415139,391
Creditors-64,998122,594-46,133-25,45244,447-106,861-15,10257,308-121,430149,825200,81621,683-13,733171,651
Accruals and Deferred Income-97,54331,307150,81617,2884,8586,765-129,17847,186185,70600000
Deferred Taxes & Provisions23,80319,62100-7,932-30,2937,4751,05015,500-11,2003,9004,50014,0003,000
Cash flow from operations103,745315,074146,22182,23819,869210,69426,41535,521-133,315193,483108,68392,573108,06063,081
Investing Activities
capital expenditure-156,268-405,481-16,3342,4412,936-50,698195,441-326,846-223,920-177,299-133,575-70,606-71,073-289,940
Change in Investments00000000000000
cash flow from investments-156,268-405,481-16,3342,4412,936-50,698195,441-326,846-223,920-177,299-133,575-70,606-71,073-289,940
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans-27,341-89,613113,589-60,47712,830-26,643-26,644-31,784166,08300000
Hire Purchase and Lease Commitments47,324170,150-12,210-43,048-74,762-85,227-52,19941,775240,06800000
other long term liabilities00000000-178,531-29,53112,906-38,016-11,160244,332
share issue0000000100,00000000100
interest-20,264-3,636-18,291-21,059-21,537-20,544-28,201-21,068-16,0404610917815344
cash flow from financing-28176,90183,088-124,584-83,469-132,414-107,04488,923211,580-29,48513,015-37,838-11,007244,476
cash and cash equivalents
cash15,727-23,71229,742-45-664-13,66913,1891,280-2,540-13,301-11,877-15,87125,98017,617
overdraft67,850937-183,23339,85960,000-41,251-103,853203,682143,11500000
change in cash-52,123-24,649212,975-39,904-60,66427,582117,042-202,402-145,655-13,301-11,877-15,87125,98017,617

P&L

March 2023

turnover

8.3m

+25%

operating profit

144.6k

0%

gross margin

22.4%

-2.73%

turnover

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

Balance Sheet

March 2023

net assets

181.8k

+1.26%

total assets

1.3m

+0.04%

cash

21.9k

+2.57%

net assets

Total assets minus all liabilities

wiser recycling limited company details

company number

04920416

Type

Private limited with Share Capital

industry

38320 - Recovery of sorted materials

incorporation date

October 2003

age

21

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

suite 11 manor mews, bridge street, st. ives, cambridgeshire, PE27 5UW

last accounts submitted

March 2023

wiser 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 4 charges/mortgages relating to wiser recycling limited. Currently there are 2 open charges and 2 have been satisfied in the past.

charges

wiser recycling limited Companies House Filings - See Documents

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