sb recycling limited
sb recycling limited Company Information
Company Number
08969477
Website
www.msbcontractingltd.co.ukRegistered Address
suite gf7, the boathouse business centre, wisbech, cambridgeshire, PE13 3BH
Industry
Collection of non-hazardous waste
Telephone
01945450101
Next Accounts Due
December 2024
Group Structure
View All
Directors
Steven Bushell10 Years
Shareholders
steven bushell & joy bushell 82%
bushell holdings limited 18%
View Allsb recycling limited Estimated Valuation
Pomanda estimates the enterprise value of SB RECYCLING LIMITED at £109.8k based on a Turnover of £151.5k and 0.72x industry multiple (adjusted for size and gross margin).
sb recycling limited Estimated Valuation
Pomanda estimates the enterprise value of SB RECYCLING LIMITED at £0 based on an EBITDA of £-34k and a 4.26x industry multiple (adjusted for size and gross margin).
sb recycling limited Estimated Valuation
Pomanda estimates the enterprise value of SB RECYCLING LIMITED at £0 based on Net Assets of £-429.9k and 3.82x industry multiple (adjusted for liquidity).
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Sb Recycling Limited Overview
Sb Recycling Limited is a live company located in wisbech, PE13 3BH with a Companies House number of 08969477. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in April 2014, it's largest shareholder is steven bushell & joy bushell with a 82% stake. Sb Recycling Limited is a established, micro sized company, Pomanda has estimated its turnover at £151.5k with declining growth in recent years.
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Sb Recycling Limited Health Check
Pomanda's financial health check has awarded Sb Recycling Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £151.5k, make it smaller than the average company (£14.8m)
- Sb Recycling Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7.5%)
- Sb Recycling Limited
7.5% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
- Sb Recycling Limited
23.6% - Industry AVG
Profitability
an operating margin of -22.5% make it less profitable than the average company (5.2%)
- Sb Recycling Limited
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (63)
1 - Sb Recycling Limited
63 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Sb Recycling Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £151.5k, this is equally as efficient (£151.5k)
- Sb Recycling Limited
£151.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sb Recycling Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Sb Recycling Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sb Recycling Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Sb Recycling Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100769.3%, this is a higher level of debt than the average (61.6%)
100769.3% - Sb Recycling Limited
61.6% - Industry AVG
SB RECYCLING LIMITED financials
Sb Recycling Limited's latest turnover from March 2023 is estimated at £151.5 thousand and the company has net assets of -£429.9 thousand. According to their latest financial statements, Sb Recycling Limited has 1 employee and maintains cash reserves of £427 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 171,093 | ||||||||
| Other Income Or Grants | 0 | ||||||||
| Cost Of Sales | 45,673 | ||||||||
| Gross Profit | 125,420 | ||||||||
| Admin Expenses | 132,857 | ||||||||
| Operating Profit | -7,437 | ||||||||
| Interest Payable | 566 | ||||||||
| Interest Receivable | 0 | ||||||||
| Pre-Tax Profit | -8,003 | ||||||||
| Tax | 0 | ||||||||
| Profit After Tax | -8,003 | ||||||||
| Dividends Paid | 0 | ||||||||
| Retained Profit | -8,003 | ||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 13 | 49 | 46 | 20 | |
| EBITDA* | -4,631 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 627,898 | 1,024,264 | 974,249 | 538,303 | 129,470 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 627,898 | 1,024,264 | 974,249 | 538,303 | 129,470 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 28,810 | 98,346 | 69,674 | 2,087 | 6,119 |
| Trade Debtors | 0 | 0 | 0 | 71,203 | 157,232 | 1,288,490 | 997,948 | 415,965 | 62,101 |
| Group Debtors | 0 | 43,678 | 43,678 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 27,573 | 36,167 | 86,730 | 201,312 | 72,341 | 159,249 | 137,303 | 19,822 |
| Cash | 427 | 30,131 | 20,183 | 1,066 | 5,650 | 4,576 | 3,820 | 13,847 | 5,785 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 427 | 101,382 | 100,028 | 158,999 | 393,004 | 1,463,753 | 1,230,691 | 569,202 | 93,827 |
| total assets | 427 | 101,382 | 100,028 | 158,999 | 1,020,902 | 2,488,017 | 2,204,940 | 1,107,505 | 223,297 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 9,362 | 477,450 | 712,576 | 412,650 | 215,557 | 30,721 |
| Group/Directors Accounts | 345,023 | 412,087 | 409,701 | 404,739 | 488,093 | 97,541 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 491,125 | 432,539 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 108,078 | 287,389 | 299,204 | 168,841 | 29,000 |
| other current liabilities | 85,262 | 85,767 | 82,346 | 133,164 | 129,485 | 386,743 | 577,343 | 359,199 | 86,896 |
| total current liabilities | 430,285 | 497,854 | 492,047 | 547,265 | 1,203,106 | 1,975,374 | 1,721,736 | 743,597 | 146,617 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 149,167 | 350,556 | 497,872 | 313,253 | 84,583 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 149,167 | 350,556 | 497,872 | 313,253 | 84,583 |
| total liabilities | 430,285 | 497,854 | 492,047 | 547,265 | 1,352,273 | 2,325,930 | 2,219,608 | 1,056,850 | 231,200 |
| net assets | -429,858 | -396,472 | -392,019 | -388,266 | -331,371 | 162,087 | -14,668 | 50,655 | -7,903 |
| total shareholders funds | -429,858 | -396,472 | -392,019 | -388,266 | -331,371 | 162,087 | -14,668 | 50,655 | -7,903 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -7,437 | ||||||||
| Depreciation | 0 | 0 | 0 | 31,064 | 175,480 | 190,427 | 244,100 | 54,167 | 2,806 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | ||||||||
| Stock | 0 | 0 | 0 | -28,810 | -69,536 | 28,672 | 67,587 | -4,032 | 6,119 |
| Debtors | -71,251 | -8,594 | -78,088 | -200,611 | -1,002,287 | 203,634 | 603,929 | 471,345 | 81,923 |
| Creditors | 0 | 0 | -9,362 | -468,088 | -235,126 | 299,926 | 197,093 | 184,836 | 30,721 |
| Accruals and Deferred Income | -505 | 3,421 | -50,818 | 3,679 | -257,258 | -190,600 | 218,144 | 272,303 | 86,896 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 24,944 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -67,064 | 2,386 | 4,962 | -83,354 | 390,552 | 97,541 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -491,125 | 58,586 | 432,539 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -257,245 | -380,700 | -159,131 | 314,982 | 368,511 | 113,583 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -566 | ||||||||
| cash flow from financing | 113,117 | ||||||||
| cash and cash equivalents | |||||||||
| cash | -29,704 | 9,948 | 19,117 | -4,584 | 1,074 | 756 | -10,027 | 8,062 | 5,785 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -29,704 | 9,948 | 19,117 | -4,584 | 1,074 | 756 | -10,027 | 8,062 | 5,785 |
sb recycling limited Credit Report and Business Information
Sb Recycling Limited Competitor Analysis
Perform a competitor analysis for sb recycling limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in PE13 area or any other competitors across 12 key performance metrics.
sb recycling limited Ownership
SB RECYCLING LIMITED group structure
Sb Recycling Limited has no subsidiary companies.
sb recycling limited directors
Sb Recycling Limited currently has 1 director, Mr Steven Bushell serving since Apr 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Bushell | 63 years | Apr 2014 | - | Director |
P&L
March 2023turnover
151.5k
+6%
operating profit
-34k
0%
gross margin
23.7%
-0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-429.9k
+0.08%
total assets
427
-1%
cash
427
-0.99%
net assets
Total assets minus all liabilities
sb recycling limited company details
company number
08969477
Type
Private limited with Share Capital
industry
38110 - Collection of non-hazardous waste
incorporation date
April 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
msb contracting ltd (March 2019)
last accounts submitted
March 2023
address
suite gf7, the boathouse business centre, wisbech, cambridgeshire, PE13 3BH
accountant
-
auditor
-
sb 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 did not find charges/mortgages relating to sb recycling limited.
sb recycling limited Companies House Filings - See Documents
| date | description | view/download |
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