Pomanda estimates the enterprise value of WASTE SOURCE LTD at £5.2m based on a Turnover of £8.4m and 0.62x industry multiple (adjusted for size and gross margin).
waste source ltdEstimated Valuation
£3m
Pomanda estimates the enterprise value of WASTE SOURCE LTD at £3m based on an EBITDA of £770.1k and a 3.9x industry multiple (adjusted for size and gross margin).
waste source ltdEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of WASTE SOURCE LTD at £2.1m based on Net Assets of £691k and 3x industry multiple (adjusted for liquidity).
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Waste Source LtdOverview
Waste Source Ltd is a live company located in telford, TF3 3BD with a Companies House number of 07436742. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in November 2010, it's largest shareholder is
reconomy (uk) limited
with a 100% stake. Waste Source Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£8.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Waste Source Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £8.4m, make it smaller than the average company (£15.2m)
£8.4m - Waste Source Ltd
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (9.1%)
43% - Waste Source Ltd
9.1% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (24.9%)
19.1% - Waste Source Ltd
24.9% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (5.7%)
9.1% - Waste Source Ltd
5.7% - Industry AVG
Employees
with 19 employees, this is below the industry average (60)
19 - Waste Source Ltd
60 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£38.7k)
£34.6k - Waste Source Ltd
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £443k, this is more efficient (£174.9k)
£443k - Waste Source Ltd
£174.9k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (42 days)
53 days - Waste Source Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (32 days)
58 days - Waste Source Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Waste Source Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Waste Source Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.1%, this is a similar level of debt than the average (61.2%)
67.1% - Waste Source Ltd
61.2% - Industry AVG
WASTE SOURCE LTD financials
EXPORT
Waste Source Ltd's latest turnover from December 2023 is £8.4 million and the company has net assets of £691 thousand. According to their latest financial statements, Waste Source Ltd has 19 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Turnover
8,416,171
8,355,882
4,080,201
2,902,206
3,803,534
3,282,352
2,849,866
1,553,099
1,270,520
547,515
291,281
101,492
29,251
Other Income Or Grants
Cost Of Sales
6,805,319
6,855,910
3,492,110
2,485,089
3,272,500
2,825,022
2,420,928
1,334,206
1,088,983
479,522
249,514
86,981
24,368
Gross Profit
1,610,852
1,499,972
588,092
417,117
531,035
457,330
428,937
218,893
181,537
67,993
41,766
14,511
4,883
Admin Expenses
842,741
888,950
544,524
391,104
435,350
445,491
364,059
110,047
154,830
67,662
36,823
6,629
4,610
Operating Profit
768,111
611,022
43,568
26,013
95,685
11,839
64,878
108,846
26,707
331
4,943
7,882
273
Interest Payable
982
Interest Receivable
453
192
1,493
1,081
518
96
114
81
41
33
7
Pre-Tax Profit
768,111
610,040
44,021
26,205
97,178
12,920
65,396
108,941
26,821
413
4,984
7,916
280
Tax
-180,412
-124,948
-8,364
-4,979
-18,464
-2,455
-12,425
-21,788
-5,364
-87
-1,146
-1,900
-73
Profit After Tax
587,699
485,092
35,657
21,226
78,714
10,465
52,971
87,153
21,457
326
3,838
6,016
207
Dividends Paid
500,000
250,000
Retained Profit
87,699
235,092
35,657
21,226
78,714
10,465
52,971
87,153
21,457
326
3,838
6,016
207
Employee Costs
657,316
653,786
681,373
565,921
454,541
455,747
405,719
333,768
181,354
89,147
58,887
28,915
27,758
Number Of Employees
19
20
19
17
14
14
13
11
6
3
2
1
1
EBITDA*
770,069
619,337
51,883
26,070
96,063
12,472
66,719
111,364
29,337
1,785
5,268
8,207
273
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Tangible Assets
1,820
3,778
12,093
57
435
1,068
2,909
4,854
2,398
326
651
Intangible Assets
Investments & Other
1,628
1,826
Debtors (Due After 1 year)
Total Fixed Assets
3,448
5,604
12,093
57
435
1,068
2,909
4,854
2,398
326
651
Stock & work in progress
Trade Debtors
1,235,576
1,164,558
1,086,192
748,541
958,245
821,796
717,622
410,664
259,172
105,749
59,787
18,830
5,345
Group Debtors
850,748
160,392
Misc Debtors
12,123
8,186
72,981
30,000
30,000
30,000
2
Cash
373,086
238,300
124,406
259,708
138,298
149,929
57,378
19,149
26,600
5,896
10,538
2,820
misc current assets
total current assets
2,098,447
1,706,222
1,324,492
945,928
1,247,953
990,094
897,551
468,044
278,321
132,349
65,683
29,368
8,165
total assets
2,101,895
1,711,826
1,336,585
945,928
1,248,010
990,529
898,619
470,953
283,175
134,747
66,009
30,019
8,165
Bank overdraft
Bank loan
Trade Creditors
1,089,164
863,528
833,394
514,901
822,851
730,711
668,304
281,054
251,131
124,160
55,748
23,596
7,758
Group/Directors Accounts
180,561
22,863
other short term finances
hp & lease commitments
other current liabilities
141,149
244,976
162,098
148,454
163,812
77,185
58,147
70,702
total current liabilities
1,410,874
1,108,504
1,018,355
663,355
986,663
807,896
726,451
351,756
251,131
124,160
55,748
23,596
7,758
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,410,874
1,108,504
1,018,355
663,355
986,663
807,896
726,451
351,756
251,131
124,160
55,748
23,596
7,758
net assets
691,021
603,322
318,230
282,573
261,347
182,633
172,168
119,197
32,044
10,587
10,261
6,423
407
total shareholders funds
691,021
603,322
318,230
282,573
261,347
182,633
172,168
119,197
32,044
10,587
10,261
6,423
407
Dec 2023
Dec 2022
Dec 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Operating Activities
Operating Profit
768,111
611,022
43,568
26,013
95,685
11,839
64,878
108,846
26,707
331
4,943
7,882
273
Depreciation
1,958
8,315
8,315
57
378
633
1,841
2,518
2,630
1,454
325
325
Amortisation
Tax
-180,412
-124,948
-8,364
-4,979
-18,464
-2,455
-12,425
-21,788
-5,364
-87
-1,146
-1,900
-73
Stock
Debtors
765,311
246,944
264,670
-166,723
136,449
104,174
336,956
151,494
153,423
45,962
40,957
13,485
5,345
Creditors
225,636
30,134
318,493
-307,950
92,140
62,407
387,250
29,923
126,971
68,412
32,152
15,838
7,758
Accruals and Deferred Income
-103,827
82,878
13,644
-15,358
86,627
19,038
-12,555
70,702
Deferred Taxes & Provisions
Cash flow from operations
-53,845
360,457
110,986
-135,494
119,917
-12,712
92,033
38,707
-2,479
24,148
-4,683
8,660
2,613
Investing Activities
capital expenditure
-20,408
-573
-5,086
-3,526
-976
Change in Investments
-198
1,826
cash flow from investments
198
-1,826
-20,408
-573
-5,086
-3,526
-976
Financing Activities
Bank loans
Group/Directors Accounts
180,561
-22,863
22,863
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
50,000
200
interest
-982
453
192
1,493
1,081
518
96
114
81
41
33
7
cash flow from financing
180,561
26,155
23,316
192
1,493
1,081
518
96
114
81
41
33
207
cash and cash equivalents
cash
-373,086
134,786
113,894
-135,302
121,410
-11,631
92,551
38,229
-7,451
20,704
-4,642
7,718
2,820
overdraft
change in cash
-373,086
134,786
113,894
-135,302
121,410
-11,631
92,551
38,229
-7,451
20,704
-4,642
7,718
2,820
waste source ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for waste source ltd. Get real-time insights into waste source ltd's credit score, group structure and payment trends.
Perform a competitor analysis for waste source ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in TF3 area or any other competitors across 12 key performance metrics.
kelsall house stafford court, stafford park 1, telford, shropshire, TF3 3BD
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waste source ltd 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 waste source ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
waste source ltd 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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waste source ltdCompanies House Filings - See Documents
