avenue recycling limited Company Information
Company Number
NI050132
Next Accounts
Dec 2025
Industry
Recovery of sorted materials
Shareholders
malcolm lavery
Group Structure
View All
Contact
Registered Address
208 tates avenue, belfast, BT12 6ND
Website
www.avenuerecycling.co.ukavenue recycling limited Estimated Valuation
Pomanda estimates the enterprise value of AVENUE RECYCLING LIMITED at £5.3m based on a Turnover of £8.2m and 0.65x industry multiple (adjusted for size and gross margin).
avenue recycling limited Estimated Valuation
Pomanda estimates the enterprise value of AVENUE RECYCLING LIMITED at £4.3m based on an EBITDA of £1m and a 4.24x industry multiple (adjusted for size and gross margin).
avenue recycling limited Estimated Valuation
Pomanda estimates the enterprise value of AVENUE RECYCLING LIMITED at £6.7m based on Net Assets of £2.9m and 2.34x industry multiple (adjusted for liquidity).
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Avenue Recycling Limited Overview
Avenue Recycling Limited is a live company located in belfast, BT12 6ND with a Companies House number of NI050132. It operates in the recovery of sorted materials sector, SIC Code 38320. Founded in March 2004, it's largest shareholder is malcolm lavery with a 100% stake. Avenue Recycling Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.2m with healthy growth in recent years.
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Avenue Recycling Limited Health Check
Pomanda's financial health check has awarded Avenue Recycling Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
4 Weak
Size
annual sales of £8.2m, make it smaller than the average company (£14.2m)
- Avenue Recycling Limited
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (11.1%)
- Avenue Recycling Limited
11.1% - Industry AVG
Production
with a gross margin of 21.5%, this company has a comparable cost of product (21.5%)
- Avenue Recycling Limited
21.5% - Industry AVG
Profitability
an operating margin of 5.1% make it as profitable than the average company (5.7%)
- Avenue Recycling Limited
5.7% - Industry AVG
Employees
with 66 employees, this is above the industry average (35)
66 - Avenue Recycling Limited
35 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Avenue Recycling Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £124.4k, this is less efficient (£325.3k)
- Avenue Recycling Limited
£325.3k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (38 days)
- Avenue Recycling Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (33 days)
- Avenue Recycling Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (16 days)
- Avenue Recycling Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (13 weeks)
13 weeks - Avenue Recycling Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.1%, this is a similar level of debt than the average (48.4%)
50.1% - Avenue Recycling Limited
48.4% - Industry AVG
AVENUE RECYCLING LIMITED financials
Avenue Recycling Limited's latest turnover from March 2024 is estimated at £8.2 million and the company has net assets of £2.9 million. According to their latest financial statements, Avenue Recycling Limited has 66 employees and maintains cash reserves of £282.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | 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 | 66 | 80 | 78 | 79 | 87 | 74 | 46 | 48 | 16 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | 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 | 3,713,784 | 3,239,257 | 3,238,079 | 2,734,427 | 2,669,589 | 3,017,413 | 2,245,246 | 1,623,904 | 790,536 | 510,753 | 600,783 | 595,666 | 592,620 | 665,818 | 722,298 |
Intangible Assets | 25,603 | 28,447 | 31,292 | 34,137 | 36,982 | 39,826 | 42,671 | 45,516 | 48,360 | 51,205 | 54,050 | 56,895 | 56,895 | 56,895 | 56,895 |
Investments & Other | 0 | 0 | 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 | 8,000 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 3,739,387 | 3,267,704 | 3,269,371 | 2,768,564 | 2,706,571 | 3,057,239 | 2,287,917 | 1,669,420 | 838,896 | 569,958 | 654,833 | 652,561 | 649,515 | 722,713 | 779,193 |
Stock & work in progress | 35,000 | 45,000 | 15,000 | 22,000 | 22,000 | 21,030 | 9,110 | 23,319 | 20,386 | 123,193 | 120,708 | 114,818 | 9,670 | 34,571 | 3,000 |
Trade Debtors | 908,449 | 1,041,287 | 757,023 | 753,254 | 643,506 | 765,366 | 354,234 | 879,748 | 753,108 | 330,894 | 409,154 | 503,697 | 467,288 | 241,867 | 598,812 |
Group Debtors | 0 | 0 | 11,517 | 11,517 | 9,388 | 2,657 | 62,657 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 779,852 | 373,286 | 423,254 | 396,681 | 352,475 | 299,889 | 328,156 | 0 | 0 | 0 | 136,558 | 0 | 0 | 0 | 0 |
Cash | 282,814 | 196,927 | 350,009 | 218,580 | 70,104 | 10,193 | 26,504 | 36,388 | 173,030 | 765,720 | 432,582 | 391,024 | 194,621 | 228,989 | 35,329 |
misc current assets | 0 | 0 | 0 | 7,996 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,006,115 | 1,656,500 | 1,556,803 | 1,410,028 | 1,097,473 | 1,099,135 | 780,661 | 939,455 | 946,524 | 1,219,807 | 1,099,002 | 1,009,539 | 671,579 | 505,427 | 637,141 |
total assets | 5,745,502 | 4,924,204 | 4,826,174 | 4,178,592 | 3,804,044 | 4,156,374 | 3,068,578 | 2,608,875 | 1,785,420 | 1,789,765 | 1,753,835 | 1,662,100 | 1,321,094 | 1,228,140 | 1,416,334 |
Bank overdraft | 501 | 0 | 7 | 0 | 0 | 52,357 | 39,962 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 319,458 | 467,367 | 939,892 | 329,481 | 403,813 | 350,771 | 300,322 | 704,547 | 328,920 | 420,802 | 436,482 | 0 | 274,187 | 264,377 | 465,130 |
Group/Directors Accounts | 634 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 84 | 101,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 479,188 | 507,211 | 403,855 | 516,476 | 450,055 | 492,380 | 339,330 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 324,193 | 397,631 | 365,899 | 477,812 | 399,222 | 332,989 | 115,104 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,123,974 | 1,372,209 | 1,709,653 | 1,323,769 | 1,253,174 | 1,329,580 | 794,718 | 704,547 | 328,920 | 420,802 | 436,482 | 0 | 274,187 | 264,377 | 465,130 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 1,148,546 | 501,304 | 378,378 | 730,182 | 736,084 | 1,183,607 | 800,235 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 546,139 | 6,250 | 0 | 0 | 382,612 | 0 | 3,711 | 71,090 |
provisions | 603,513 | 504,600 | 471,890 | 327,567 | 237,926 | 240,462 | 158,618 | 150,329 | 150,329 | 92,666 | 103,570 | 105,026 | 118,775 | 124,714 | 0 |
total long term liabilities | 1,752,059 | 1,005,904 | 850,268 | 1,057,749 | 974,010 | 1,424,069 | 958,853 | 696,468 | 156,579 | 92,666 | 103,570 | 487,638 | 118,775 | 128,425 | 71,090 |
total liabilities | 2,876,033 | 2,378,113 | 2,559,921 | 2,381,518 | 2,227,184 | 2,753,649 | 1,753,571 | 1,401,015 | 485,499 | 513,468 | 540,052 | 487,638 | 392,962 | 392,802 | 536,220 |
net assets | 2,869,469 | 2,546,091 | 2,266,253 | 1,797,074 | 1,576,860 | 1,402,725 | 1,315,007 | 1,207,860 | 1,299,921 | 1,276,297 | 1,213,783 | 1,174,462 | 928,132 | 835,338 | 880,114 |
total shareholders funds | 2,869,469 | 2,546,091 | 2,266,253 | 1,797,074 | 1,576,860 | 1,402,725 | 1,315,007 | 1,207,860 | 1,299,921 | 1,276,297 | 1,213,783 | 1,174,462 | 928,132 | 835,338 | 880,114 |
Mar 2024 | Mar 2023 | Mar 2022 | 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 | 599,051 | 650,249 | 584,681 | 552,945 | 581,769 | 582,149 | 346,868 | 315,627 | 125,361 | 111,531 | 109,928 | 106,668 | 119,597 | 124,820 | 137,689 |
Amortisation | 2,844 | 2,845 | 2,845 | 2,845 | 2,844 | 2,845 | 2,845 | 2,845 | 2,845 | 2,845 | 2,845 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -10,000 | 30,000 | -7,000 | 0 | 970 | 11,920 | -14,209 | 2,933 | -102,807 | 2,485 | 5,890 | 105,148 | -24,901 | 31,571 | 3,000 |
Debtors | 273,728 | 222,779 | 30,342 | 156,083 | -62,543 | 322,865 | -134,701 | 126,640 | 414,214 | -206,818 | 42,015 | 36,409 | 225,421 | -356,945 | 598,812 |
Creditors | -147,909 | -472,525 | 610,411 | -74,332 | 53,042 | 50,449 | -404,225 | 375,627 | -91,882 | -15,680 | 436,482 | -274,187 | 9,810 | -200,753 | 465,130 |
Accruals and Deferred Income | -73,438 | 31,732 | -111,913 | 78,590 | 66,233 | 217,885 | 115,104 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 98,913 | 32,710 | 144,323 | 89,641 | -2,536 | 81,844 | 8,289 | 0 | 57,663 | -10,904 | -1,456 | -13,749 | -5,939 | 124,714 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 634 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | -84 | -100,999 | 101,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 619,219 | 226,282 | -464,425 | 60,519 | -489,848 | 536,422 | 1,139,565 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -546,139 | 539,889 | 6,250 | 0 | -382,612 | 382,612 | -3,711 | -67,379 | 71,090 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 85,887 | -153,082 | 131,429 | 148,476 | 59,911 | -16,311 | -9,884 | -136,642 | -592,690 | 333,138 | 41,558 | 196,403 | -34,368 | 193,660 | 35,329 |
overdraft | 501 | -7 | 7 | 0 | -52,357 | 12,395 | 39,962 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 85,386 | -153,075 | 131,422 | 148,476 | 112,268 | -28,706 | -49,846 | -136,642 | -592,690 | 333,138 | 41,558 | 196,403 | -34,368 | 193,660 | 35,329 |
avenue recycling limited Credit Report and Business Information
Avenue Recycling Limited Competitor Analysis
Perform a competitor analysis for avenue recycling limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in BT12 area or any other competitors across 12 key performance metrics.
avenue recycling limited Ownership
AVENUE RECYCLING LIMITED group structure
Avenue Recycling Limited has no subsidiary companies.
Ultimate parent company
AVENUE RECYCLING LIMITED
NI050132
avenue recycling limited directors
Avenue Recycling Limited currently has 2 directors. The longest serving directors include Mr Malcolm Lavery (Mar 2004) and Miss Hannah Lavery (Apr 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Malcolm Lavery | Northern Ireland | 66 years | Mar 2004 | - | Director |
Miss Hannah Lavery | United Kingdom | 27 years | Apr 2018 | - | Director |
P&L
March 2024turnover
8.2m
-21%
operating profit
418.6k
0%
gross margin
21.6%
-4.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.9m
+0.13%
total assets
5.7m
+0.17%
cash
282.8k
+0.44%
net assets
Total assets minus all liabilities
avenue recycling limited company details
company number
NI050132
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
incorporation date
March 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
EXCHANGE ACCOUNTANCY LIMITED
auditor
-
address
208 tates avenue, belfast, BT12 6ND
Bank
BANK OF IRELAND
Legal Advisor
-
avenue 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 found 3 charges/mortgages relating to avenue recycling limited. Currently there are 2 open charges and 1 have been satisfied in the past.
avenue recycling 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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avenue recycling limited Companies House Filings - See Documents
date | description | view/download |
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