recycling management limited
recycling management limited Company Information
Company Number
05572758
Next Accounts
Jan 2025
Industry
Recovery of sorted materials
Directors
Shareholders
hawkeswood holding group ltd
Group Structure
View All
Contact
Registered Address
old bank chambers, 582-586 kingsbury road, birmingham, B24 9ND
Website
www.recyclingmanagement.comrecycling management limited Estimated Valuation
Pomanda estimates the enterprise value of RECYCLING MANAGEMENT LIMITED at £10.5m based on a Turnover of £11.1m and 0.95x industry multiple (adjusted for size and gross margin).
recycling management limited Estimated Valuation
Pomanda estimates the enterprise value of RECYCLING MANAGEMENT LIMITED at £10.4m based on an EBITDA of £1.7m and a 6.19x industry multiple (adjusted for size and gross margin).
recycling management limited Estimated Valuation
Pomanda estimates the enterprise value of RECYCLING MANAGEMENT LIMITED at £18.1m based on Net Assets of £7.7m and 2.34x industry multiple (adjusted for liquidity).
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Recycling Management Limited Overview
Recycling Management Limited is a live company located in birmingham, B24 9ND with a Companies House number of 05572758. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in September 2005, it's largest shareholder is hawkeswood holding group ltd with a 100% stake. Recycling Management Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.1m with rapid growth in recent years.
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Recycling Management Limited Health Check
Pomanda's financial health check has awarded Recycling Management Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £11.1m, make it smaller than the average company (£14m)
£11.1m - Recycling Management Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (10.5%)
- Recycling Management Limited
10.5% - Industry AVG
Production
with a gross margin of 37.7%, this company has a lower cost of product (22.8%)
37.7% - Recycling Management Limited
22.8% - Industry AVG
Profitability
an operating margin of 14.5% make it more profitable than the average company (7.2%)
14.5% - Recycling Management Limited
7.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (34)
9 - Recycling Management Limited
34 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£37.5k)
£35.1k - Recycling Management Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£369.5k)
£1.2m - Recycling Management Limited
£369.5k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (33 days)
14 days - Recycling Management Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (35 days)
52 days - Recycling Management Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Recycling Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (16 weeks)
14 weeks - Recycling Management Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.4%, this is a lower level of debt than the average (52.3%)
28.4% - Recycling Management Limited
52.3% - Industry AVG
RECYCLING MANAGEMENT LIMITED financials
Recycling Management Limited's latest turnover from April 2023 is £11.1 million and the company has net assets of £7.7 million. According to their latest financial statements, Recycling Management Limited has 9 employees and maintains cash reserves of £854.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,092,859 | 11,299,812 | 5,828,472 | 8,671,909 | 6,786,742 | 8,774,382 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 6,911,797 | 6,944,689 | 4,833,283 | 7,439,736 | ||||||||||
| Gross Profit | 4,181,062 | 4,355,123 | 995,189 | 1,232,173 | ||||||||||
| Admin Expenses | 2,577,382 | 2,414,125 | 927,754 | 1,157,567 | ||||||||||
| Operating Profit | 1,603,680 | 1,940,998 | 67,435 | 74,606 | 506,924 | 901,154 | ||||||||
| Interest Payable | 2,079 | 1,934 | 12,698 | 1,117 | 8,738 | 7,869 | ||||||||
| Interest Receivable | 278,873 | 248,213 | 4,450 | 6,559 | 3,212 | 0 | ||||||||
| Pre-Tax Profit | 1,880,474 | 2,187,277 | 59,187 | 80,048 | 501,398 | 893,285 | ||||||||
| Tax | -348,550 | -365,957 | -7,867 | 109 | -123,051 | -251,600 | ||||||||
| Profit After Tax | 1,531,924 | 1,821,320 | 51,320 | 80,157 | 378,347 | 641,685 | ||||||||
| Dividends Paid | 240,000 | 300,000 | 0 | 90,000 | 0 | 0 | ||||||||
| Retained Profit | 1,291,924 | 1,521,320 | 51,320 | -9,843 | 378,347 | 641,685 | ||||||||
| Employee Costs | 315,802 | 306,612 | 292,075 | 304,020 | 182,314 | 241,845 | ||||||||
| Number Of Employees | 9 | 9 | 9 | 10 | 10 | 11 | 9 | 9 | 8 | 10 | 10 | 8 | 10 | |
| EBITDA* | 1,674,962 | 2,011,144 | 113,098 | 187,111 | 599,019 | 978,801 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 740,440 | 710,808 | 720,675 | 737,840 | 762,066 | 627,318 | 616,844 | 477,811 | 378,006 | 1,117,539 | 1,070,825 | 899,302 | 440,899 | 199,368 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 102 | 102 | 102 | 102 | 825,103 | 825,103 | 825,103 | 622,164 | 1,172,164 | 550,000 | 550,100 | 550,100 | 0 | 0 |
| Debtors (Due After 1 year) | 5,058,336 | 5,421,655 | 5,179,532 | 3,067,531 | 2,106,007 | 2,189,679 | 2,871,735 | 0 | 0 | 2,000,000 | 2,000,000 | 0 | 0 | 0 |
| Total Fixed Assets | 5,798,878 | 6,132,565 | 5,900,309 | 3,805,473 | 3,693,176 | 3,642,100 | 4,313,682 | 1,099,975 | 1,550,170 | 3,667,539 | 3,620,925 | 1,449,402 | 440,899 | 199,368 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,036 | 95,041 | 0 | 0 | 0 |
| Trade Debtors | 446,282 | 317,118 | 302,924 | 303,400 | 253,150 | 278,068 | 421,168 | 420,806 | 338,283 | 413,513 | 294,871 | 154,224 | 229,046 | 1,941,853 |
| Group Debtors | 364,060 | 149,645 | 341,588 | 205,217 | 202,731 | 269,234 | 0 | 2,997,527 | 3,071,267 | 325,000 | 325,000 | 317,000 | 0 | 0 |
| Misc Debtors | 3,341,018 | 1,383,241 | 109,129 | 148,982 | 38,110 | 193,091 | 56,444 | 141,142 | 121,385 | 516,604 | 241,989 | 2,046,049 | 2,644,947 | 0 |
| Cash | 854,470 | 952,551 | 409,107 | 1,457,096 | 1,021,225 | 290,766 | 954 | 921 | 11,686 | 55,920 | 47,595 | 3,567 | 88,001 | 16,259 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,005,830 | 2,802,555 | 1,162,748 | 2,114,695 | 1,515,216 | 1,031,159 | 478,566 | 3,560,396 | 3,542,621 | 1,325,073 | 1,004,496 | 2,520,840 | 2,961,994 | 1,958,112 |
| total assets | 10,804,708 | 8,935,120 | 7,063,057 | 5,920,168 | 5,208,392 | 4,673,259 | 4,792,248 | 4,660,371 | 5,092,791 | 4,992,612 | 4,625,421 | 3,970,242 | 3,402,893 | 2,157,480 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 388,340 | 462,748 | 122,968 | 160,082 | 209,806 | 120,243 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 990,397 | 755,716 | 617,325 | 341,010 | 506,147 | 500,502 | 705,609 | 751,569 | 733,752 | 1,165,471 | 909,561 | 518,771 | 793,619 | 1,102,446 |
| Group/Directors Accounts | 0 | 0 | 0 | 120,000 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 44,500 | 5,848 | 34,278 | 83,067 | 65,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,046,398 | 1,703,415 | 1,501,063 | 740,486 | 509,310 | 534,906 | 341,478 | 453,131 | 828,136 | 841,216 | 736,636 | 544,362 | 914,755 | 0 |
| total current liabilities | 3,036,795 | 2,459,131 | 2,118,388 | 1,201,496 | 1,179,957 | 1,041,256 | 1,469,705 | 1,750,515 | 1,749,856 | 2,166,769 | 1,856,003 | 1,183,376 | 1,708,374 | 1,102,446 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 73,728 | 0 | 5,900 | 41,083 | 50,853 | 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 | 27,625 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 33,000 | 33,000 | 23,000 | 17,000 | 62,300 | 57,000 | 12,500 | 36,000 | 583,500 | 556,500 | 551,395 | 559,000 | 0 | 2,200 |
| total long term liabilities | 33,000 | 33,000 | 23,000 | 44,625 | 136,028 | 57,000 | 18,400 | 77,083 | 634,353 | 556,500 | 551,395 | 559,000 | 0 | 2,200 |
| total liabilities | 3,069,795 | 2,492,131 | 2,141,388 | 1,246,121 | 1,315,985 | 1,098,256 | 1,488,105 | 1,827,598 | 2,384,209 | 2,723,269 | 2,407,398 | 1,742,376 | 1,708,374 | 1,104,646 |
| net assets | 7,734,913 | 6,442,989 | 4,921,669 | 4,674,047 | 3,892,407 | 3,575,003 | 3,304,143 | 2,832,773 | 2,708,582 | 2,269,343 | 2,218,023 | 2,227,866 | 1,694,519 | 1,052,834 |
| total shareholders funds | 7,734,913 | 6,442,989 | 4,921,669 | 4,674,047 | 3,892,407 | 3,575,003 | 3,304,143 | 2,832,773 | 2,708,582 | 2,269,343 | 2,218,023 | 2,227,866 | 1,694,519 | 1,052,834 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,603,680 | 1,940,998 | 67,435 | 74,606 | 506,924 | 901,154 | ||||||||
| Depreciation | 71,282 | 70,146 | 72,685 | 66,998 | 63,093 | 58,153 | 67,572 | 70,793 | 39,217 | 45,663 | 112,505 | 92,095 | 77,647 | 38,468 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -348,550 | -365,957 | -7,867 | 109 | -123,051 | -251,600 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14,036 | -81,005 | 95,041 | 0 | 0 | 0 |
| Debtors | 1,938,037 | 1,338,486 | 2,208,043 | 1,125,132 | -330,074 | -419,275 | -210,128 | 28,540 | 275,818 | 393,257 | 344,587 | -356,720 | 932,140 | 1,941,853 |
| Creditors | 234,681 | 138,391 | 276,315 | -165,137 | 5,645 | -205,107 | -45,960 | 17,817 | -431,719 | 255,910 | 390,790 | -274,848 | -308,827 | 1,102,446 |
| Accruals and Deferred Income | 342,983 | 202,352 | 760,577 | 231,176 | -25,596 | 193,428 | -111,653 | -375,005 | -13,080 | 104,580 | 192,274 | -370,393 | 914,755 | 0 |
| Deferred Taxes & Provisions | 0 | 10,000 | 6,000 | -45,300 | 5,300 | 44,500 | -23,500 | -547,500 | 27,000 | 5,105 | -7,605 | 559,000 | -2,200 | 2,200 |
| Cash flow from operations | -33,961 | 657,444 | 158,574 | 323,051 | 746,447 | 398,789 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | -92,377 | -284,028 | -941,889 | -319,178 | ||||||||
| Change in Investments | 0 | 0 | 0 | -825,001 | 0 | 0 | 202,939 | -550,000 | 622,164 | -100 | 0 | 550,100 | 0 | 0 |
| cash flow from investments | 0 | 0 | -92,277 | -284,028 | -1,491,989 | -319,178 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -120,000 | 0 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -118,228 | 112,380 | -34,330 | -83,972 | 8,297 | 115,853 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -27,625 | 27,625 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 276,794 | 246,279 | -8,248 | 5,442 | -5,526 | -7,869 | ||||||||
| cash flow from financing | 276,794 | 246,279 | -8,248 | 5,442 | 149,474 | -7,869 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -98,081 | 543,444 | -1,047,989 | 435,871 | 730,459 | 289,812 | 33 | -10,765 | -44,234 | 8,325 | 44,028 | -84,434 | 71,742 | 16,259 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -388,340 | -74,408 | 339,780 | -37,114 | -49,724 | 89,563 | 120,243 | 0 | 0 |
| change in cash | -98,081 | 543,444 | -1,047,989 | 435,871 | 730,459 | 678,152 | 74,441 | -350,545 | -7,120 | 58,049 | -45,535 | -204,677 | 71,742 | 16,259 |
recycling management limited Credit Report and Business Information
Recycling Management Limited Competitor Analysis
Perform a competitor analysis for recycling management limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in B24 area or any other competitors across 12 key performance metrics.
recycling management limited Ownership
RECYCLING MANAGEMENT LIMITED group structure
Recycling Management Limited has 4 subsidiary companies.
Ultimate parent company
RECYCLING MANAGEMENT LIMITED
05572758
4 subsidiaries
recycling management limited directors
Recycling Management Limited currently has 1 director, Mrs Yvonne Hawkeswood serving since Sep 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Yvonne Hawkeswood | United Kingdom | 56 years | Sep 2005 | - | Director |
P&L
April 2023turnover
11.1m
-2%
operating profit
1.6m
-17%
gross margin
37.7%
-2.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
7.7m
+0.2%
total assets
10.8m
+0.21%
cash
854.5k
-0.1%
net assets
Total assets minus all liabilities
recycling management limited company details
company number
05572758
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
September 2005
age
20
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
TREVOR JONES & CO
address
old bank chambers, 582-586 kingsbury road, birmingham, B24 9ND
Bank
ALLIED IRISH BANK
Legal Advisor
-
recycling 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 1 charges/mortgages relating to recycling management limited. Currently there are 0 open charges and 1 have been satisfied in the past.
recycling management 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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recycling management limited Companies House Filings - See Documents
| date | description | view/download |
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