green circle polymers limited
green circle polymers limited Company Information
Company Number
SC469312
Website
www.greencirclepolymers.comRegistered Address
152a high street, irvine, KA12 8AN
Industry
Recovery of sorted materials
Treatment and disposal of non-hazardous waste
Telephone
01324484036
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
michelle maria gleeson 100%
green circle polymers limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN CIRCLE POLYMERS LIMITED at £4.4m based on a Turnover of £6.5m and 0.67x industry multiple (adjusted for size and gross margin).
green circle polymers limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN CIRCLE POLYMERS LIMITED at £0 based on an EBITDA of £-274.2k and a 5.87x industry multiple (adjusted for size and gross margin).
green circle polymers limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN CIRCLE POLYMERS LIMITED at £17.8m based on Net Assets of £5.7m and 3.09x industry multiple (adjusted for liquidity).
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Green Circle Polymers Limited Overview
Green Circle Polymers Limited is a live company located in irvine, KA12 8AN with a Companies House number of SC469312. It operates in the treatment and disposal of non-hazardous waste sector, SIC Code 38210. Founded in February 2014, it's largest shareholder is michelle maria gleeson with a 100% stake. Green Circle Polymers Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.5m with declining growth in recent years.
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Green Circle Polymers Limited Health Check
Pomanda's financial health check has awarded Green Circle Polymers Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £6.5m, make it smaller than the average company (£14.6m)
- Green Circle Polymers Limited
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.5%)
- Green Circle Polymers Limited
8.5% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
- Green Circle Polymers Limited
23.6% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (8%)
- Green Circle Polymers Limited
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (36)
2 - Green Circle Polymers Limited
36 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Green Circle Polymers Limited
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £3.3m, this is more efficient (£329.3k)
- Green Circle Polymers Limited
£329.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (37 days)
- Green Circle Polymers Limited
37 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Green Circle Polymers Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Green Circle Polymers Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1647 weeks, this is more cash available to meet short term requirements (17 weeks)
1647 weeks - Green Circle Polymers Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (59.5%)
0.9% - Green Circle Polymers Limited
59.5% - Industry AVG
GREEN CIRCLE POLYMERS LIMITED financials
Green Circle Polymers Limited's latest turnover from May 2023 is estimated at £6.5 million and the company has net assets of £5.7 million. According to their latest financial statements, Green Circle Polymers Limited has 2 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 56 | 56 | 56 | 56 | 56 | 56 | 64 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 55,802 | 719,019 | 1,211,088 | 401,598 | 385,976 | 102,022 |
| 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 | 55,802 | 719,019 | 1,211,088 | 401,598 | 385,976 | 102,022 |
| Stock & work in progress | 0 | 0 | 80,531 | 150,777 | 93,011 | 74,840 | 52,314 | 43,273 | 10,000 |
| Trade Debtors | 1,120,000 | 1,120,000 | 747 | 0 | 1,716 | 4,908 | 447,590 | 413,232 | 481,564 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,998,676 | 3,032,064 | 2,424,081 | 2,819,580 | 1,795,300 | 438,233 | 220,159 | 0 | 0 |
| Cash | 1,675,914 | 2,813,984 | 31,879 | 151,875 | 193,400 | 168,500 | 73,964 | 71,987 | 15,876 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,794,590 | 6,966,048 | 2,537,238 | 3,122,232 | 2,083,427 | 686,481 | 794,027 | 528,492 | 507,440 |
| total assets | 5,794,590 | 6,966,048 | 2,537,238 | 3,178,034 | 2,802,446 | 1,897,569 | 1,195,625 | 914,468 | 609,462 |
| Bank overdraft | 33,832 | 43,451 | 50,000 | 45 | 431,260 | 539,411 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 171,001 | 92,033 | 63,078 | 161,083 | 388,241 | 716,719 | 432,856 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 20,074 | 50,701 | 71,405 | 71,405 | 71,405 | 0 | 0 |
| other current liabilities | 19,078 | 1,003,661 | 678,343 | 1,372,662 | 837,247 | 667,073 | 547,673 | 0 | 0 |
| total current liabilities | 52,910 | 1,047,112 | 919,418 | 1,515,441 | 1,402,990 | 1,438,972 | 1,007,319 | 716,719 | 432,856 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 45,408 | 123,827 | 122,622 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171,643 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,404 |
| total long term liabilities | 0 | 0 | 0 | 0 | 45,408 | 123,827 | 122,622 | 171,643 | 20,404 |
| total liabilities | 52,910 | 1,047,112 | 919,418 | 1,515,441 | 1,448,398 | 1,562,799 | 1,129,941 | 888,362 | 453,260 |
| net assets | 5,741,680 | 5,918,936 | 1,617,820 | 1,662,593 | 1,354,048 | 334,770 | 65,684 | 26,106 | 156,202 |
| total shareholders funds | 5,741,680 | 5,918,936 | 1,617,820 | 1,662,593 | 1,354,048 | 334,770 | 65,684 | 26,106 | 156,202 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 247,736 | 313,519 | 286,127 | 116,494 | 95,396 | 14,614 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | -80,531 | -70,246 | 57,766 | 18,171 | 22,526 | 9,041 | 33,273 | 10,000 |
| Debtors | -33,388 | 1,727,236 | -394,752 | 1,022,564 | 1,353,875 | -224,608 | 254,517 | -68,332 | 481,564 |
| Creditors | 0 | -171,001 | 78,968 | 28,955 | -98,005 | -227,158 | -328,478 | 283,863 | 432,856 |
| Accruals and Deferred Income | -984,583 | 325,318 | -694,319 | 535,415 | 170,174 | 119,400 | 547,673 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,404 | 20,404 |
| Cash flow from operations | |||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -20,074 | -30,627 | -66,112 | -78,419 | 1,205 | 194,027 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -171,643 | 171,643 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -1,138,070 | 2,782,105 | -119,996 | -41,525 | 24,900 | 94,536 | 1,977 | 56,111 | 15,876 |
| overdraft | -9,619 | -6,549 | 49,955 | -431,215 | -108,151 | 539,411 | 0 | 0 | 0 |
| change in cash | -1,128,451 | 2,788,654 | -169,951 | 389,690 | 133,051 | -444,875 | 1,977 | 56,111 | 15,876 |
green circle polymers limited Credit Report and Business Information
Green Circle Polymers Limited Competitor Analysis
Perform a competitor analysis for green circle polymers limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
green circle polymers limited Ownership
GREEN CIRCLE POLYMERS LIMITED group structure
Green Circle Polymers Limited has no subsidiary companies.
Ultimate parent company
GREEN CIRCLE POLYMERS LIMITED
SC469312
green circle polymers limited directors
Green Circle Polymers Limited currently has 2 directors. The longest serving directors include Mr Thomas Gleeson (Mar 2014) and Mrs Michelle Gleeson (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Gleeson | United Kingdom | 55 years | Mar 2014 | - | Director |
| Mrs Michelle Gleeson | United Kingdom | 54 years | Jan 2021 | - | Director |
P&L
May 2023turnover
6.5m
-49%
operating profit
-274.2k
0%
gross margin
23.7%
+0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
5.7m
-0.03%
total assets
5.8m
-0.17%
cash
1.7m
-0.4%
net assets
Total assets minus all liabilities
Similar Companies
green circle polymers limited company details
company number
SC469312
Type
Private limited with Share Capital
industry
38320 - Recovery of sorted materials
38210 - Treatment and disposal of non-hazardous waste
incorporation date
February 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
green circle recycling limited (July 2017)
incorporated
UK
address
152a high street, irvine, KA12 8AN
last accounts submitted
May 2023
green circle polymers 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 2 charges/mortgages relating to green circle polymers limited. Currently there are 0 open charges and 2 have been satisfied in the past.
green circle polymers limited Companies House Filings - See Documents
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