Cash

£1M

+23.2% vs 2023

Net assets

£13M

+19% vs 2023

Employees

97

+1% vs 2023

Profit before tax

£3M

+39.4% vs 2023

Profile

Company number
02765374
Status
Active
Incorporation
1992-11-17
Last accounts made up
2024-10-31
Account category
FULL
Primary SIC
38210
Hubs
UK Energy & Climate

Net assets

7-year trend · vs UK Energy & Climate median

£0£10m£20m2018201920202021202220232024
CELTIC RECYCLING LTD.

Accounts

7-year trend · latest 2024-10-31

Metric Trend 2018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-31
Turnover £16,559,923
Operating profit £2,991,869
Profit before tax £2,922,771£3,767,750£2,049,150£2,856,011
Net profit £2,278,136£3,040,131£1,626,156£2,112,920
Cash £4,470,654£5,427,500£998,192£1,230,031
Total assets less current liabilities £8,674,000£11,352,181£11,987,479£13,960,050
Net assets £6,919,136£9,727,267£11,103,423£13,216,343
Equity £5,233,000£6,919,136£9,727,267£11,103,423£13,216,343
Average employees 88879697
Wages £3,414,585£3,799,542£4,492,699£4,802,877

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

7 active · 3 resigned

Name Role Appointed Born Nationality
BISHOP, Stephen Secretary 1992-11-17 British
BISHOP, Oliver Jordan Director 2023-11-01 Mar 1992 British
BISHOP, Stephen Director 1992-11-17 Oct 1962 British
GLADWIN, Dean Director 2022-11-21 May 1976 British
JAMES, Keith Michael Director 1992-11-17 Mar 1954 British
OWEN, William David Paul Director 2011-04-18 Oct 1963 British
PITMAN, Lesley Director 2006-11-01 Nov 1968 British
Show 3 resigned officers
Name Role Appointed Resigned
COMBINED SECRETARIAL SERVICES LIMITED Corporate Nominee Secretary 1992-11-17 1992-11-17
COMBINED NOMINEES LIMITED Corporate Nominee Director 1992-11-17 1992-11-17
COMBINED SECRETARIAL SERVICES LIMITED Corporate Nominee Director 1992-11-17 1992-11-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Celtic Utilities Group Limited Corporate entity Shares 75–100%, Voting 75–100% 2021-11-01 Active
Mr Stephen Bishop Individual Shares 25–50% 2016-11-17 Ceased 2021-11-01
Mr Keith Michael James Individual Shares 25–50% 2016-11-17 Ceased 2021-11-01

Filing timeline

Last 20 of 124 total filings

Date Type Category Description
2026-02-02 CS01 confirmation-statement confirmation statement with no updates
2026-01-08 CH01 officers change person director company with change date
2025-07-31 AA accounts accounts with accounts type full
2025-02-04 CS01 confirmation-statement confirmation statement with no updates
2024-07-31 AA accounts accounts with accounts type full
2024-02-01 CS01 confirmation-statement confirmation statement with updates
2024-01-26 PSC05 persons-with-significant-control change to a person with significant control
2024-01-16 AP01 officers appoint person director company with name date
2023-10-25 MR04 mortgage mortgage satisfy charge full
2023-07-31 AA accounts accounts with accounts type full
2023-02-03 PSC02 persons-with-significant-control notification of a person with significant control
2023-02-03 CS01 confirmation-statement confirmation statement with updates
2023-02-03 PSC07 persons-with-significant-control cessation of a person with significant control
2023-02-03 PSC07 persons-with-significant-control cessation of a person with significant control
2023-01-12 CS01 confirmation-statement confirmation statement with no updates
2022-11-24 AP01 officers appoint person director company with name date
2022-06-16 AA accounts accounts with accounts type full
2022-01-17 RP04CS01 confirmation-statement second filing of confirmation statement with made up date
2021-11-18 CS01 confirmation-statement confirmation statement with no updates
2021-07-28 AA accounts accounts with accounts type full

Credit score

Altman Z″ (private-firm) · reference 2024-10-31

5.48

SAFE

Altman Z″

  • Working capital / Total assets 0.462 × 6.56 = +3.03
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.126 × 6.72 = +0.84
  • Book equity / Total liabilities 1.528 × 1.05 = +1.60

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page