SAFEWASTE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
Cash
£98K
Latest balance sheet
Net assets
£1M
+36.7% vs 2024
Employees
0
Average over period
Profit before tax
£400K
+354.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- SAFEWASTE LIMITED 1995-03-24 → present
- SAFEWASTE (UK) LIMITED 1990-11-02 → 1995-03-24
- RUSHTOWN LIMITED 1990-03-27 → 1990-11-02
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £104,000 | £505,000 | |
| Profit before tax | £88,000 | £400,000 | |
| Net profit | £66,000 | £401,000 | |
| Cash | £0 | £98,000 | |
| Total assets less current liabilities | £1,517,000 | £5,455,000 | |
| Net assets | £1,092,000 | £1,493,000 | |
| Equity | £1,092,000 | £1,493,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | 6.9% | 9.3% | |
| Gearing (liabilities / total assets) | 31.6% | 75.0% | |
| Current ratio | 20.20x | 11.62x | |
| Interest cover | 6.50x | 3.71x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have formed the view, at the time of approving the financial statements, that the Company has adequate resources to continue in operational existence for the foreseeable future and that the Company's business is a going concern.”
Significant events
- “On 15 July 2024, the Company's previous immediate parent sold its shareholding in the Company to Renewi Holdings Limited, a fellow group undertaking, for consideration of £2,600,000.”
- “On 9 August 2024, it was agreed that Renewi UK Services Limited, the Company's parent company until 15 July 2024 and a fellow group undertaking, transfer to the Company its freehold and leasehold property interests together with associated liabilities and environmental permits in relation to the Aucheninnes and Galdenoch landfill sites. In return Renewi UK Services Limited will provide compensation to the Company of approximately £4,600,000.”
- “On 9 August 2024, landfill provisions totalling £4,003k (2024: £nil) were transferred in from another group entity ahead of the disposal of the UK Municipal division to Biffa Limited on 10 October 2024.”
- “On 6 June 2025 the company's ultimate parent, Renewi plc, was acquired by a consortium comprising Macquarie Asset Management and BCI and was subsequently re-registered as a private company, Renewi Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREEDYK, Martin | Director | 2024-11-09 | Jan 1972 | British |
| HAMAL, Bjorn | Director | 2024-10-10 | Aug 1976 | Belgian |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CANNON, Sara Philipa | Secretary | 2000-11-30 | 2004-09-30 |
| CLARK, Robert Edmund | Secretary | 1997-10-01 | 1997-12-09 |
| EVANS, Malcolm John | Secretary | — | 1995-08-25 |
| GIBSON, Carolyn Ann | Secretary | 2007-02-01 | 2008-04-30 |
| GRIFFIN-SMITH, Philip Bernard | Secretary | 2008-05-01 | 2023-05-31 |
| KAYE, Paul | Secretary | 2004-09-30 | 2007-01-31 |
| KING, Jane Leslie | Secretary | 1997-12-09 | 2000-11-29 |
| MAIR, James Stewart | Secretary | 1997-02-03 | 1997-10-01 |
| MURRAY, Dominic Pieter James | Secretary | 2023-06-01 | 2024-11-08 |
| REED, Neil | Secretary | 1995-08-25 | 1996-07-25 |
| ANDERSON, Alan | Director | 1997-10-01 | 1997-12-09 |
| AVERILL, Michael Charles Edward | Director | 1999-04-29 | 2007-09-30 |
| BURNETT, George Barnett | Director | 1997-10-01 | 1997-12-09 |
| CARTWRIGHT, Robert Ian | Director | 2007-11-05 | 2009-11-05 |
| CLARKE, Michael James | Director | 1999-04-29 | 2005-04-30 |
| DOWNES, David John | Director | 1997-12-09 | 2005-12-31 |
| EGLINTON, Peter Damian | Director | 2013-04-15 | 2015-12-31 |
| EVANS, Malcolm John | Director | — | 1997-10-01 |
| GOODFELLOW, Ian Frederick | Director | 2009-11-05 | 2013-03-31 |
| GRIFFIN-SMITH, Philip Bernard | Director | 2016-01-01 | 2023-05-31 |
| LEWIS, Peter Donald | Director | 1997-10-01 | 1997-12-09 |
| MEREDITH, James Robert | Director | 1997-12-09 | 2003-03-31 |
| MULLIGAN, David Kevin | Director | 2014-04-01 | 2015-12-31 |
| MURRAY, Dominic Pieter James | Director | 2023-06-01 | 2024-11-08 |
| NEEDHAM, Paul Richard | Director | 1996-01-02 | 1997-10-01 |
| ORR, David Gibson | Director | 2016-01-01 | 2018-10-01 |
| ROBINSON, Mark Ninham | Director | 2018-10-01 | 2024-10-10 |
| SAUNDERS, Mark Ian | Director | 2009-11-05 | 2011-07-31 |
| SHEARSTONE, Michael Terence | Director | — | 1997-10-01 |
| SIMPSON, Jeremy John Cobbett | Director | 2011-08-01 | 2014-03-31 |
| SURCH, Christopher | Director | 2009-05-01 | 2009-11-05 |
| WELHAM, Fraser Andrew Norton | Director | 2006-01-01 | 2009-05-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Renewi Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-07-19 | Active |
| Renewi Uk Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-07-19 |
Filing timeline
Last 20 of 206 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-03 | AA | accounts | Accounts with accounts type full | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-25 | AA | accounts | Accounts with accounts type full | |
| 2023-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-06-06 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+36.7%
£1,092,000 £1,493,000
-
Employees
—
Not reported
-
Operating profit
+385.6%
£104,000 £505,000
-
Profit before tax
+354.5%
£88,000 £400,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers