why not recycle limited
why not recycle limited Company Information
Company Number
05761762
Next Accounts
792 days late
Directors
Shareholders
mr keith frederick cornell
Group Structure
View All
Industry
Remediation activities and other waste management services.
Registered Address
c/o perception accounting limite, the cobalt building, 1600 eureka, ashford, kent, TN25 4BF
Website
-why not recycle limited Estimated Valuation
Pomanda estimates the enterprise value of WHY NOT RECYCLE LIMITED at £141.1k based on a Turnover of £259.6k and 0.54x industry multiple (adjusted for size and gross margin).
why not recycle limited Estimated Valuation
Pomanda estimates the enterprise value of WHY NOT RECYCLE LIMITED at £5.1k based on an EBITDA of £1.4k and a 3.58x industry multiple (adjusted for size and gross margin).
why not recycle limited Estimated Valuation
Pomanda estimates the enterprise value of WHY NOT RECYCLE LIMITED at £0 based on Net Assets of £-23.1k and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Why Not Recycle Limited Overview
Why Not Recycle Limited is a live company located in ashford, TN25 4BF with a Companies House number of 05761762. It operates in the remediation activities and other waste management services sector, SIC Code 39000. Founded in March 2006, it's largest shareholder is mr keith frederick cornell with a 100% stake. Why Not Recycle Limited is a established, micro sized company, Pomanda has estimated its turnover at £259.6k with declining growth in recent years.
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Why Not Recycle Limited Health Check
Pomanda's financial health check has awarded Why Not Recycle Limited a 2.5 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
2 Strong
3 Regular
6 Weak
Size
annual sales of £259.6k, make it smaller than the average company (£9m)
- Why Not Recycle Limited
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (3%)
- Why Not Recycle Limited
3% - Industry AVG
Production
with a gross margin of 20.4%, this company has a comparable cost of product (20.4%)
- Why Not Recycle Limited
20.4% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (4.5%)
- Why Not Recycle Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
1 - Why Not Recycle Limited
33 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)
- Why Not Recycle Limited
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £259.6k, this is more efficient (£177k)
- Why Not Recycle Limited
£177k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (56 days)
- Why Not Recycle Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (37 days)
- Why Not Recycle Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Why Not Recycle Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (24 weeks)
1 weeks - Why Not Recycle Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.4%, this is a higher level of debt than the average (62.7%)
131.4% - Why Not Recycle Limited
62.7% - Industry AVG
WHY NOT RECYCLE LIMITED financials
Why Not Recycle Limited's latest turnover from March 2021 is estimated at £259.6 thousand and the company has net assets of -£23.1 thousand. According to their latest financial statements, Why Not Recycle Limited has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 36,157 | 22,640 | 35,276 | 16,216 | 14,793 | 7,324 | 5,197 | 9,030 | 427 | |||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 15,229 | |||||||||||
| Total Fixed Assets | 36,157 | 22,640 | 35,276 | 16,216 | 30,022 | 7,324 | 5,197 | 9,030 | 427 | |||
| Stock & work in progress | 4,100 | 1,213 | ||||||||||
| Trade Debtors | 36,023 | 60,330 | 47,585 | 124,301 | 29,423 | 23,497 | 54,747 | 106,867 | ||||
| Group Debtors | ||||||||||||
| Misc Debtors | 49,329 | 71,982 | ||||||||||
| Cash | 1,300 | 23,122 | 674,117 | 4,352 | 8,424 | 73 | ||||||
| misc current assets | ||||||||||||
| total current assets | 37,323 | 60,330 | 47,585 | 124,301 | 105,974 | 747,312 | 27,849 | 63,171 | 106,940 | |||
| total assets | 73,480 | 82,970 | 82,861 | 140,517 | 135,996 | 754,636 | 33,046 | 72,201 | 107,367 | |||
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 46,554 | 60,890 | 52,639 | 62,136 | 6,369 | 207,789 | 59,677 | 31,243 | 72,870 | |||
| Group/Directors Accounts | ||||||||||||
| other short term finances | 13,818 | 17,688 | ||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 27,790 | 404,680 | ||||||||||
| total current liabilities | 46,554 | 60,890 | 52,639 | 62,136 | 47,977 | 630,157 | 59,677 | 31,243 | 72,870 | |||
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 30,595 | 10,470 | 6,340 | |||||||||
| other liabilities | 50,000 | 7,741 | 18,719 | |||||||||
| provisions | ||||||||||||
| total long term liabilities | 50,000 | 38,336 | 29,189 | 6,340 | ||||||||
| total liabilities | 96,554 | 99,226 | 81,828 | 68,476 | 47,977 | 630,157 | 59,677 | 31,243 | 72,870 | |||
| net assets | -23,074 | -16,256 | 1,033 | 72,041 | 88,019 | 124,479 | -26,631 | 40,958 | 34,497 | |||
| total shareholders funds | -23,074 | -16,256 | 1,033 | 72,041 | 88,019 | 124,479 | -26,631 | 40,958 | 34,497 |
| 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 | ||||||||||||
| Depreciation | 8,250 | 7,772 | 5,711 | 2,600 | 3,894 | 73 | ||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -4,100 | 2,887 | 1,213 | |||||||||
| Debtors | -24,307 | 12,745 | -76,716 | 30,320 | 21,999 | 48,485 | -31,250 | -52,120 | 106,867 | |||
| Creditors | -14,336 | 8,251 | -9,497 | 55,767 | -201,420 | 148,112 | 28,434 | -41,627 | 72,870 | |||
| Accruals and Deferred Income | -30,595 | 20,125 | 4,130 | -21,450 | -376,890 | 404,680 | ||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | -13,818 | -3,870 | 17,688 | |||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | 42,259 | -10,978 | 18,719 | |||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 1,300 | -23,122 | -650,995 | 669,765 | -4,072 | 8,351 | 73 | |||||
| overdraft | ||||||||||||
| change in cash | 1,300 | -23,122 | -650,995 | 669,765 | -4,072 | 8,351 | 73 |
why not recycle limited Credit Report and Business Information
Why Not Recycle Limited Competitor Analysis
Perform a competitor analysis for why not recycle limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in TN25 area or any other competitors across 12 key performance metrics.
why not recycle limited Ownership
WHY NOT RECYCLE LIMITED group structure
Why Not Recycle Limited has no subsidiary companies.
Ultimate parent company
WHY NOT RECYCLE LIMITED
05761762
why not recycle limited directors
Why Not Recycle Limited currently has 1 director, Mr Keith Cornell serving since Mar 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Cornell | England | 66 years | Mar 2006 | - | Director |
P&L
March 2021turnover
259.6k
-36%
operating profit
-6.8k
0%
gross margin
20.5%
-9.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-23.1k
+0.42%
total assets
73.5k
-0.11%
cash
1.3k
0%
net assets
Total assets minus all liabilities
why not recycle limited company details
company number
05761762
Type
Private limited with Share Capital
industry
39000 - Remediation activities and other waste management services.
incorporation date
March 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
-
address
c/o perception accounting limite, the cobalt building, 1600 eureka, ashford, kent, TN25 4BF
Bank
-
Legal Advisor
-
why not recycle 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 why not recycle limited.
why not recycle 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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why not recycle limited Companies House Filings - See Documents
| date | description | view/download |
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