cornwall waste solutions limited
cornwall waste solutions limited Company Information
Company Number
10084416
Registered Address
boscawen house st. stephen, st. austell, PL26 7QF
Industry
Collection of non-hazardous waste
Collection of hazardous waste
Telephone
01726218755
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
goonvean holdings ltd 80%
shane beadle 10%
View Allcornwall waste solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CORNWALL WASTE SOLUTIONS LIMITED at £4.2m based on a Turnover of £5m and 0.85x industry multiple (adjusted for size and gross margin).
cornwall waste solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CORNWALL WASTE SOLUTIONS LIMITED at £1.9m based on an EBITDA of £366.8k and a 5.11x industry multiple (adjusted for size and gross margin).
cornwall waste solutions limited Estimated Valuation
Pomanda estimates the enterprise value of CORNWALL WASTE SOLUTIONS LIMITED at £1.3m based on Net Assets of £341.1k and 3.79x industry multiple (adjusted for liquidity).
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Cornwall Waste Solutions Limited Overview
Cornwall Waste Solutions Limited is a live company located in st. austell, PL26 7QF with a Companies House number of 10084416. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in March 2016, it's largest shareholder is goonvean holdings ltd with a 80% stake. Cornwall Waste Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £5m with rapid growth in recent years.
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Cornwall Waste Solutions Limited Health Check
Pomanda's financial health check has awarded Cornwall Waste Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £5m, make it smaller than the average company (£10.3m)
- Cornwall Waste Solutions Limited
£10.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (11.4%)
- Cornwall Waste Solutions Limited
11.4% - Industry AVG
Production
with a gross margin of 25.5%, this company has a comparable cost of product (25.5%)
- Cornwall Waste Solutions Limited
25.5% - Industry AVG
Profitability
an operating margin of 5.8% make it less profitable than the average company (8.5%)
- Cornwall Waste Solutions Limited
8.5% - Industry AVG
Employees
with 34 employees, this is below the industry average (68)
- Cornwall Waste Solutions Limited
68 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Cornwall Waste Solutions Limited
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £145.6k, this is equally as efficient (£149.5k)
- Cornwall Waste Solutions Limited
£149.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (43 days)
- Cornwall Waste Solutions Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (38 days)
- Cornwall Waste Solutions Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cornwall Waste Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Cornwall Waste Solutions Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.7%, this is a similar level of debt than the average (65.6%)
69.7% - Cornwall Waste Solutions Limited
65.6% - Industry AVG
CORNWALL WASTE SOLUTIONS LIMITED financials
Cornwall Waste Solutions Limited's latest turnover from September 2023 is estimated at £5 million and the company has net assets of £341.1 thousand. According to their latest financial statements, we estimate that Cornwall Waste Solutions Limited has 34 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 8 | 6 | 4 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 333,462 | 336,584 | 354,143 | 175,009 | 107,902 | 20,962 | 24,001 | 375 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 333,462 | 336,584 | 354,143 | 175,009 | 107,902 | 20,962 | 24,001 | 375 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 717,335 | 559,273 | 346,227 | 241,679 | 249,161 | 243,489 | 396,266 | 152,531 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 73,103 | 30,075 | 14,729 | 7,878 | 1,173 | 24,877 | 1,425 | 3,280 |
| Cash | 2,542 | 4,032 | 5,394 | 28,034 | 159,312 | 237,586 | 116,270 | 97,273 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 792,980 | 593,380 | 366,350 | 277,591 | 409,646 | 505,952 | 513,961 | 253,084 |
| total assets | 1,126,442 | 929,964 | 720,493 | 452,600 | 517,548 | 526,914 | 537,962 | 253,459 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 0 |
| Trade Creditors | 509,883 | 327,929 | 185,002 | 205,956 | 257,344 | 250,149 | 316,067 | 153,107 |
| Group/Directors Accounts | 105,000 | 411,292 | 419,000 | 86,000 | 0 | 0 | 0 | 3,706 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 133,029 | 63,405 | 17,595 | 43,173 | 11,898 | 78,767 | 57,353 | 36,026 |
| total current liabilities | 747,912 | 802,626 | 621,597 | 335,129 | 269,242 | 328,916 | 376,420 | 192,839 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 9,765 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 37,429 | 2,247 | 2,658 | 5,586 | 5,297 | 3,536 | 4,560 | 71 |
| total long term liabilities | 37,429 | 2,247 | 2,658 | 5,586 | 5,297 | 3,536 | 14,325 | 71 |
| total liabilities | 785,341 | 804,873 | 624,255 | 340,715 | 274,539 | 332,452 | 390,745 | 192,910 |
| net assets | 341,101 | 125,091 | 96,238 | 111,885 | 243,009 | 194,462 | 147,217 | 60,549 |
| total shareholders funds | 341,101 | 125,091 | 96,238 | 111,885 | 243,009 | 194,462 | 147,217 | 60,549 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 78,931 | 76,410 | 59,173 | 30,674 | 6,117 | 3,039 | 5,446 | 125 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 201,090 | 228,392 | 111,399 | -777 | -18,032 | 112,555 | 241,880 | 155,811 |
| Creditors | 181,954 | 142,927 | -20,954 | -51,388 | 7,195 | 97,042 | 162,960 | 153,107 |
| Accruals and Deferred Income | 69,624 | 45,810 | -25,578 | 31,275 | -66,869 | 42,741 | 21,327 | 36,026 |
| Deferred Taxes & Provisions | 35,182 | -411 | -2,928 | 289 | 1,761 | 3,465 | 4,489 | 71 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 0 |
| Group/Directors Accounts | -306,292 | -7,708 | 333,000 | 86,000 | 0 | -3,706 | -3,706 | 3,706 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 9,765 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -1,490 | -1,362 | -22,640 | -131,278 | -78,274 | 140,313 | 18,997 | 97,273 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,490 | -1,362 | -22,640 | -131,278 | -78,274 | 140,313 | 18,997 | 97,273 |
cornwall waste solutions limited Credit Report and Business Information
Cornwall Waste Solutions Limited Competitor Analysis
Perform a competitor analysis for cornwall waste solutions limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in PL26 area or any other competitors across 12 key performance metrics.
cornwall waste solutions limited Ownership
CORNWALL WASTE SOLUTIONS LIMITED group structure
Cornwall Waste Solutions Limited has no subsidiary companies.
Ultimate parent company
1 parent
CORNWALL WASTE SOLUTIONS LIMITED
10084416
cornwall waste solutions limited directors
Cornwall Waste Solutions Limited currently has 4 directors. The longest serving directors include Mr Matthew Gazzard (Aug 2022) and Mr Simon Ellison (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Gazzard | United Kingdom | 53 years | Aug 2022 | - | Director |
| Mr Simon Ellison | United Kingdom | 47 years | Oct 2022 | - | Director |
| Mr Ross McConnell | England | 39 years | Nov 2023 | - | Director |
| Mr Sean Spelman | England | 54 years | Jun 2024 | - | Director |
P&L
September 2023turnover
5m
+77%
operating profit
287.8k
0%
gross margin
25.5%
-10.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
341.1k
+1.73%
total assets
1.1m
+0.21%
cash
2.5k
-0.37%
net assets
Total assets minus all liabilities
cornwall waste solutions limited company details
company number
10084416
Type
Private limited with Share Capital
industry
38110 - Collection of non-hazardous waste
38120 - Collection of hazardous waste
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
RRL LLP
auditor
-
address
boscawen house st. stephen, st. austell, PL26 7QF
Bank
-
Legal Advisor
-
cornwall waste solutions 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 cornwall waste solutions limited.
cornwall waste solutions limited Companies House Filings - See Documents
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