total recycling services limited
total recycling services limited Company Information
Company Number
06989536
Registered Address
coronation road coronation road, cressex business park, high wycombe, HP12 3TZ
Industry
Treatment and disposal of hazardous waste
Collection of non-hazardous waste
Telephone
01325464713
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
biffa waste services ltd 100%
total recycling services limited Estimated Valuation
Pomanda estimates the enterprise value of TOTAL RECYCLING SERVICES LIMITED at £17.9m based on a Turnover of £20.5m and 0.87x industry multiple (adjusted for size and gross margin).
total recycling services limited Estimated Valuation
Pomanda estimates the enterprise value of TOTAL RECYCLING SERVICES LIMITED at £5.2m based on an EBITDA of £850k and a 6.06x industry multiple (adjusted for size and gross margin).
total recycling services limited Estimated Valuation
Pomanda estimates the enterprise value of TOTAL RECYCLING SERVICES LIMITED at £8.6m based on Net Assets of £2.6m and 3.28x industry multiple (adjusted for liquidity).
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Total Recycling Services Limited Overview
Total Recycling Services Limited is a live company located in high wycombe, HP12 3TZ with a Companies House number of 06989536. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in August 2009, it's largest shareholder is biffa waste services ltd with a 100% stake. Total Recycling Services Limited is a established, large sized company, Pomanda has estimated its turnover at £20.5m with healthy growth in recent years.
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Total Recycling Services Limited Health Check
Pomanda's financial health check has awarded Total Recycling Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £20.5m, make it larger than the average company (£10.4m)
£20.5m - Total Recycling Services Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.7%)
9% - Total Recycling Services Limited
4.7% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (28.5%)
20% - Total Recycling Services Limited
28.5% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (9.1%)
1.5% - Total Recycling Services Limited
9.1% - Industry AVG
Employees
with 95 employees, this is above the industry average (51)
95 - Total Recycling Services Limited
51 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has a higher pay structure (£36.5k)
£49.6k - Total Recycling Services Limited
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £215.5k, this is more efficient (£174.3k)
£215.5k - Total Recycling Services Limited
£174.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (48 days)
62 days - Total Recycling Services Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (37 days)
77 days - Total Recycling Services Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (8 days)
1 days - Total Recycling Services Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (12 weeks)
8 weeks - Total Recycling Services Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.2%, this is a higher level of debt than the average (61.4%)
79.2% - Total Recycling Services Limited
61.4% - Industry AVG
TOTAL RECYCLING SERVICES LIMITED financials
Total Recycling Services Limited's latest turnover from October 2022 is £20.5 million and the company has net assets of £2.6 million. According to their latest financial statements, Total Recycling Services Limited has 95 employees and maintains cash reserves of £808 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Aug 2011 | Aug 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,476,000 | 16,928,000 | 13,675,000 | 15,945,000 | 16,236,000 | 14,399,000 | 13,674,000 | 14,330,000 | 14,677,703 | 10,907,713 | 6,480,304 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 16,379,000 | 13,322,000 | 11,542,000 | 12,885,000 | 13,093,000 | 11,948,000 | 11,261,000 | 11,982,000 | 9,797,724 | 6,509,456 | 5,263,738 | ||
| Gross Profit | 4,097,000 | 3,606,000 | 2,133,000 | 3,060,000 | 3,143,000 | 2,451,000 | 2,413,000 | 2,348,000 | 4,879,979 | 4,398,257 | 1,216,566 | ||
| Admin Expenses | 3,783,000 | 2,672,000 | 2,289,000 | 2,442,000 | 2,441,000 | 2,288,000 | 2,321,000 | 2,995,000 | 2,285,334 | 1,493,454 | 1,450,380 | ||
| Operating Profit | 314,000 | 934,000 | -156,000 | 618,000 | 702,000 | 163,000 | 92,000 | -647,000 | 2,594,645 | 2,904,803 | -233,814 | ||
| Interest Payable | 746,000 | 998,000 | 631,000 | 569,000 | 480,000 | 536,000 | 574,000 | 262,000 | 121,629 | 78,498 | 67,788 | ||
| Interest Receivable | 0 | 0 | 244,000 | 4,000 | 5,000 | 6,000 | 5,000 | 0 | 231 | 50 | 174 | ||
| Pre-Tax Profit | -432,000 | -64,000 | -543,000 | 2,000 | 224,000 | -369,000 | -512,000 | -915,000 | 2,473,247 | 2,826,355 | -301,428 | ||
| Tax | -234,000 | -92,000 | 58,000 | 0 | -62,000 | 48,000 | 33,000 | 255,000 | -515,437 | -663,366 | 86,404 | ||
| Profit After Tax | -666,000 | -156,000 | -485,000 | 2,000 | 162,000 | -321,000 | -479,000 | -660,000 | 1,957,810 | 2,162,989 | -215,024 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 195,000 | 86,000 | 278,000 | 55,000 | ||
| Retained Profit | -666,000 | -156,000 | -485,000 | 2,000 | 162,000 | -321,000 | -479,000 | -855,000 | 1,871,810 | 1,884,989 | -270,024 | ||
| Employee Costs | 4,713,000 | 3,475,000 | 3,600,000 | 3,756,000 | 3,513,000 | 3,246,000 | 3,192,000 | 2,720,000 | 1,790,608 | 1,203,712 | 967,181 | ||
| Number Of Employees | 95 | 91 | 100 | 105 | 99 | 92 | 91 | 79 | 52 | 45 | 30 | ||
| EBITDA* | 850,000 | 1,443,000 | 316,000 | 1,057,000 | 1,247,000 | 627,000 | 523,000 | 1,042,491,000 | 3,215,315 | 3,241,298 | 132,110 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Aug 2011 | Aug 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,581,000 | 7,477,000 | 7,619,000 | 7,527,000 | 7,073,000 | 6,436,000 | 6,569,000 | 6,758,000 | 6,624,287 | 3,687,906 | 2,762,190 | 1,895,464 | 1,433,030 |
| Intangible Assets | 13,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,594,000 | 7,489,000 | 7,619,000 | 7,527,000 | 7,073,000 | 6,436,000 | 6,569,000 | 6,758,000 | 6,624,288 | 3,687,906 | 2,762,190 | 1,895,464 | 1,433,030 |
| Stock & work in progress | 69,000 | 56,000 | 63,000 | 55,000 | 67,000 | 58,000 | 94,000 | 40,000 | 19,850 | 17,052 | 26,200 | 16,400 | 12,000 |
| Trade Debtors | 3,511,000 | 2,707,000 | 2,730,000 | 2,731,000 | 2,487,000 | 1,980,000 | 1,980,000 | 3,114,000 | 2,913,877 | 3,546,320 | 1,006,017 | 996,327 | 488,313 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 305,359 | 0 | 0 | 0 | 0 |
| Misc Debtors | 549,000 | 465,000 | 464,000 | 811,000 | 501,000 | 164,000 | 421,000 | 0 | 43,191 | 20,843 | 24,873 | 0 | 0 |
| Cash | 808,000 | 1,503,000 | 3,226,000 | 2,303,000 | 1,382,000 | 1,684,000 | 2,264,000 | 2,304,000 | 361,118 | 319,633 | 18,565 | 115,528 | 52,164 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,163 | 0 | 0 |
| total current assets | 4,937,000 | 4,731,000 | 6,483,000 | 5,900,000 | 4,437,000 | 3,886,000 | 4,759,000 | 5,458,000 | 3,643,395 | 3,903,848 | 1,094,818 | 1,128,255 | 552,477 |
| total assets | 12,531,000 | 12,220,000 | 14,102,000 | 13,427,000 | 11,510,000 | 10,322,000 | 11,328,000 | 12,216,000 | 10,267,683 | 7,591,754 | 3,857,008 | 3,023,719 | 1,985,507 |
| Bank overdraft | 0 | 0 | 796,000 | 789,000 | 385,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 526,000 | 468,000 | 521,000 | 559,000 | 266,000 | 255,000 | 245,000 | 344,000 | 163,597 | 147,719 | 0 | 0 | 0 |
| Trade Creditors | 3,470,000 | 3,236,000 | 2,533,000 | 2,599,000 | 2,124,000 | 2,196,000 | 2,125,000 | 1,936,000 | 2,391,335 | 1,241,857 | 914,444 | 1,213,332 | 438,240 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67,932 | 5,564 | 196 | 0 | 0 |
| other short term finances | 13,000 | 31,000 | 1,301,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144,225 | 0 | 0 |
| hp & lease commitments | 425,000 | 325,000 | 195,000 | 302,000 | 260,000 | 128,000 | 494,000 | 632,000 | 419,652 | 283,221 | 224,916 | 0 | 0 |
| other current liabilities | 757,000 | 971,000 | 1,496,000 | 810,000 | 780,000 | 719,000 | 792,000 | 721,000 | 1,405,406 | 1,151,501 | 155,052 | 0 | 0 |
| total current liabilities | 5,191,000 | 5,031,000 | 6,842,000 | 5,059,000 | 3,815,000 | 3,298,000 | 3,656,000 | 3,633,000 | 4,447,922 | 2,829,862 | 1,438,833 | 1,213,332 | 438,240 |
| loans | 2,543,000 | 3,117,000 | 3,164,000 | 3,886,000 | 4,413,000 | 4,640,000 | 4,860,000 | 4,964,000 | 1,018,548 | 1,686,390 | 2,180,479 | 0 | 0 |
| hp & lease commitments | 1,042,000 | 1,029,000 | 1,196,000 | 1,223,000 | 784,000 | 98,000 | 145,000 | 439,000 | 652,355 | 362,871 | 182,371 | 0 | 0 |
| Accruals and Deferred Income | 189,000 | 194,000 | 213,000 | 73,000 | 114,000 | 126,000 | 138,000 | 162,000 | 233,814 | 97,756 | 0 | 0 | 0 |
| other liabilities | 584,000 | 270,000 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,448,219 | 1,371,255 |
| provisions | 375,000 | 141,000 | 49,000 | 107,000 | 107,000 | 45,000 | 93,000 | 104,000 | 145,236 | 716,877 | 42,316 | 79,135 | 44,711 |
| total long term liabilities | 4,733,000 | 4,751,000 | 4,666,000 | 5,289,000 | 5,418,000 | 4,909,000 | 5,236,000 | 5,669,000 | 2,049,953 | 2,863,894 | 2,405,166 | 1,527,354 | 1,415,966 |
| total liabilities | 9,924,000 | 9,782,000 | 11,508,000 | 10,348,000 | 9,233,000 | 8,207,000 | 8,892,000 | 9,302,000 | 6,497,875 | 5,693,756 | 3,843,999 | 2,740,686 | 1,854,206 |
| net assets | 2,607,000 | 2,438,000 | 2,594,000 | 3,079,000 | 2,277,000 | 2,115,000 | 2,436,000 | 2,914,000 | 3,769,808 | 1,897,998 | 13,009 | 283,033 | 131,301 |
| total shareholders funds | 2,607,000 | 2,438,000 | 2,594,000 | 3,079,000 | 2,277,000 | 2,115,000 | 2,436,000 | 2,914,000 | 3,769,808 | 1,897,998 | 13,009 | 283,033 | 131,301 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Aug 2011 | Aug 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 314,000 | 934,000 | -156,000 | 618,000 | 702,000 | 163,000 | 92,000 | -647,000 | 2,594,645 | 2,904,803 | -233,814 | ||
| Depreciation | 536,000 | 509,000 | 472,000 | 439,000 | 545,000 | 464,000 | 431,000 | 1,043,138,000 | 620,670 | 336,495 | 365,924 | 223,197 | 87,534 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -234,000 | -92,000 | 58,000 | 0 | -62,000 | 48,000 | 33,000 | 255,000 | -515,437 | -663,366 | 86,404 | ||
| Stock | 13,000 | -7,000 | 8,000 | -12,000 | 9,000 | -36,000 | 54,000 | 20,150 | 2,798 | -9,148 | 9,800 | 4,400 | 12,000 |
| Debtors | 888,000 | -22,000 | -348,000 | 554,000 | 844,000 | -257,000 | -713,000 | -148,427 | -304,736 | 2,536,273 | 34,563 | 508,014 | 488,313 |
| Creditors | 234,000 | 703,000 | -66,000 | 475,000 | -72,000 | 71,000 | 189,000 | -455,335 | 1,149,478 | 327,413 | -298,888 | 775,092 | 438,240 |
| Accruals and Deferred Income | -219,000 | -544,000 | 826,000 | -11,000 | 49,000 | -85,000 | 47,000 | -756,220 | 389,963 | 1,094,205 | 155,052 | 0 | 0 |
| Deferred Taxes & Provisions | 234,000 | 92,000 | -58,000 | 0 | 62,000 | -48,000 | -11,000 | -41,236 | -571,641 | 674,561 | -36,819 | 34,424 | 44,711 |
| Cash flow from operations | -36,000 | 1,631,000 | 1,416,000 | 979,000 | 371,000 | 906,000 | 1,440,000 | 1,041,621,486 | 3,969,616 | 2,146,986 | -6,504 | ||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -136,000 | -240,000 | -160,000 | -465,000 | -2,637,807 | -687,130 | |||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -136,000 | -240,000 | -160,000 | -465,000 | -2,637,807 | -687,130 | |||
| Financing Activities | |||||||||||||
| Bank loans | 58,000 | -53,000 | -38,000 | 293,000 | 11,000 | 10,000 | -99,000 | 180,403 | 15,878 | 147,719 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67,932 | 62,368 | 5,368 | 196 | 0 | 0 |
| Other Short Term Loans | -18,000 | -1,270,000 | 1,301,000 | 0 | 0 | 0 | 0 | 0 | 0 | -144,225 | 144,225 | 0 | 0 |
| Long term loans | -574,000 | -47,000 | -722,000 | -527,000 | -227,000 | -220,000 | -104,000 | 3,945,452 | -667,842 | -494,089 | 2,180,479 | 0 | 0 |
| Hire Purchase and Lease Commitments | 113,000 | -37,000 | -134,000 | 481,000 | 818,000 | -413,000 | -432,000 | -1,007 | 425,915 | 238,805 | 407,287 | 0 | 0 |
| other long term liabilities | 314,000 | 226,000 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,448,219 | 76,964 | 1,371,255 |
| share issue | |||||||||||||
| interest | -746,000 | -998,000 | -387,000 | -565,000 | -475,000 | -530,000 | -569,000 | -262,000 | -121,398 | -78,448 | -67,614 | ||
| cash flow from financing | -18,000 | -2,179,000 | 64,000 | 482,000 | 127,000 | -1,153,000 | -1,203,000 | 3,794,108 | -285,079 | -324,870 | 1,216,354 | ||
| cash and cash equivalents | |||||||||||||
| cash | -695,000 | -1,723,000 | 923,000 | 921,000 | -302,000 | -580,000 | -40,000 | 1,942,882 | 41,485 | 301,068 | -96,963 | 63,364 | 52,164 |
| overdraft | 0 | -796,000 | 7,000 | 404,000 | 385,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -695,000 | -927,000 | 916,000 | 517,000 | -687,000 | -580,000 | -40,000 | 1,942,882 | 41,485 | 301,068 | -96,963 | 63,364 | 52,164 |
total recycling services limited Credit Report and Business Information
Total Recycling Services Limited Competitor Analysis
Perform a competitor analysis for total recycling services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
total recycling services limited Ownership
TOTAL RECYCLING SERVICES LIMITED group structure
Total Recycling Services Limited has no subsidiary companies.
Ultimate parent company
BEARS TOPCO LTD
#0143536
2 parents
TOTAL RECYCLING SERVICES LIMITED
06989536
total recycling services limited directors
Total Recycling Services Limited currently has 2 directors. The longest serving directors include Mr Michael Topham (Mar 2023) and Mr Paul James (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Topham | United Kingdom | 51 years | Mar 2023 | - | Director |
| Mr Paul James | 57 years | Sep 2023 | - | Director |
P&L
October 2022turnover
20.5m
+21%
operating profit
314k
-66%
gross margin
20.1%
-6.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
2.6m
+0.07%
total assets
12.5m
+0.03%
cash
808k
-0.46%
net assets
Total assets minus all liabilities
total recycling services limited company details
company number
06989536
Type
Private limited with Share Capital
industry
38220 - Treatment and disposal of hazardous waste
38110 - Collection of non-hazardous waste
38120 - Collection of hazardous waste
incorporation date
August 2009
age
15
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
coronation road coronation road, cressex business park, high wycombe, HP12 3TZ
last accounts submitted
October 2022
total recycling 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 found 7 charges/mortgages relating to total recycling services limited. Currently there are 0 open charges and 7 have been satisfied in the past.
total recycling services limited Companies House Filings - See Documents
| date | description | view/download |
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