SRCL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-18 (in 2mo)
Last made up 2025-07-04
Watchouts
None on the register
Cash
£14M
+360.3% vs 2023
Net assets
-£77M
-16.1% vs 2023
Employees
1,096
-1.7% vs 2023
Profit before tax
-£19M
-453.9% vs 2023
Name history
Renamed 4 times since incorporation
- SRCL LIMITED 2008-01-07 → present
- STERILE TECHNOLOGIES (NEWCASTLE) LIMITED 2007-01-25 → 2008-01-07
- SOUTH WEST ENERGY LIMITED 2001-07-26 → 2007-01-25
- MEDIPOWER SERVICES LIMITED 1997-03-14 → 2001-07-26
- CLINICAL WASTE RESOURCES LIMITED 1996-07-18 → 1997-03-14
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £112,018,000 | £112,101,000 | |
| Operating profit | £1,400,000 | -£12,164,000 | |
| Profit before tax | -£3,430,000 | -£19,000,000 | |
| Net profit | -£3,329,000 | -£16,086,000 | |
| Cash | £3,003,000 | £13,822,000 | |
| Total assets less current liabilities | -£60,314,000 | -£70,916,000 | |
| Net assets | -£66,121,000 | -£76,795,000 | |
| Equity | -£66,121,000 | -£76,795,000 | |
| Average employees | 1,115 | 1,096 | |
| Wages | £41,144,000 | £42,706,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.2% | -10.9% | |
| Net margin | -3.0% | -14.3% | |
| Return on capital employed | -2.3% | 17.2% | |
| Current ratio | 0.26x | 0.28x | |
| Interest cover | 0.28x | -1.76x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries including receiving confirmation of continuing support from Waste Management, Inc., the director has the expectation that the Company has adequate resources to continue in operation and to meets its liabilities as and when they fall due.”
Significant events
- “Since the takeover on 4 November 2024, the Company's ultimate parent is now Waste Management, Inc.”
- “On June 3 2024, Stericycle, Inc. entered into an Agreement and Plan of Merger (the "Merger Agreement") with Waste Management, Inc., ... The transaction closed on November 4 2024.”
- “Effective 3 January 2025, 24,833,220 shares with a nominal value of £1 each were issued to the immediate parent undertaking Stericycle International Limited for a consideration of £24,833,220.”
- “On 6 January 2025 the company repaid in full the loan due to WM Holdings of 21,800,000 U.S.Dollars (£17,138,774) together with any accrued interest of 66,617 U.S. Dollars (£53,227).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACK, Toby Xavier Vernon | Director | 2024-10-01 | Mar 1974 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMSTRONG, Stephen Derek | Secretary | 1996-07-18 | 1999-06-16 |
| BLYDE, William David | Secretary | 2001-07-19 | 2006-02-27 |
| GRAVER, Neville | Secretary | 2006-09-27 | 2008-03-31 |
| HALL, William John | Secretary | 1999-06-16 | 2001-07-19 |
| LLOYD, David Alan | Secretary | 2008-04-10 | 2012-03-30 |
| TAYLOR, Richard | Secretary | 2006-02-27 | 2006-09-27 |
| ALUTTO, Charles Anthony | Director | 2012-03-31 | 2019-05-02 |
| ALUTTO, Charles Anthony | Director | 2008-11-03 | 2010-12-02 |
| BARLOW, Andrew Richard | Director | 1999-06-16 | 2000-08-14 |
| BENJAMIN, Jerry Christopher | Director | 1997-07-01 | 2000-12-31 |
| BLYDE, William David | Director | 2007-02-14 | 2008-04-30 |
| BLYDE, William David | Director | 2001-07-19 | 2006-09-27 |
| BRANDEL, Elizabeth | Director | 2006-09-21 | 2010-12-02 |
| CLESEN, John Fredrick | Director | 2010-12-02 | 2014-12-04 |
| COPLAND, David | Director | 2009-04-02 | 2011-07-01 |
| ERASMUS, William David Lane | Director | 1997-06-13 | 1999-06-16 |
| FATCHETT, Brendan John | Director | 2011-09-26 | 2014-11-13 |
| FOSS, Richard Lawrence | Director | 2009-01-21 | 2010-12-02 |
| GINNETTI, Daniel V | Director | 2014-12-04 | 2024-11-04 |
| GUICE, Robert John | Director | 2017-12-01 | 2019-02-08 |
| HANCOCK, John Reginald | Director | 2010-04-27 | 2014-08-18 |
| HANCOCK, John Reginald | Director | 2001-07-19 | 2005-06-30 |
| HIGGINS, Andrew David | Director | 2009-10-15 | 2010-04-30 |
| HUGHES, David | Director | 2008-04-15 | 2010-11-30 |
| JOHNSTON, John Paul | Director | 2011-08-17 | 2017-12-01 |
| LLOYD, David Alan | Director | 2008-04-10 | 2012-03-30 |
| MILLER, Mark Collier | Director | 2010-12-02 | 2012-03-31 |
| O'BRIEN, James Patrick | Director | 2006-02-27 | 2006-09-21 |
| ROGERS, Desmond | Director | 2004-04-16 | 2006-02-27 |
| SACRANIE, Shazeen Sattar | Director | 2005-02-27 | 2009-01-21 |
| SEWARD, William J, Mr. | Director | 2019-02-08 | 2019-10-15 |
| SIMPSON, Paul | Director | 2006-06-01 | 2011-08-31 |
| TEN BRINK, Fransiscus Johannes Maria | Director | 2006-02-27 | 2014-12-04 |
| TROWBRIDGE, Barry James | Director | 1996-07-18 | 1999-08-10 |
| WALL, Niall | Director | 2003-12-02 | 2006-06-01 |
| WARD, Alan John | Director | 2008-04-10 | 2009-02-23 |
| YOUNG, Nigel David | Director | 2000-08-14 | 2001-07-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Stericycle International Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 209 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-08-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | SH01 | capital | Capital allotment shares | |
| 2025-10-13 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | SH01 | capital | Capital allotment shares | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-12 | AA | accounts | Accounts with accounts type full | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-07 | AA | accounts | Accounts with accounts type full | |
| 2021-07-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-17 | AA | accounts | Accounts with accounts type full | |
| 2020-08-27 | SH20 | capital | Legacy | |
| 2020-08-27 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2020-08-27 | CAP-SS | insolvency | Legacy | |
| 2020-08-27 | RESOLUTIONS | resolution | Resolution | |
| 2020-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.1%
£112,018,000 £112,101,000
-
Cash
+360.3%
£3,003,000 £13,822,000
-
Net assets
-16.1%
-£66,121,000 -£76,795,000
-
Employees
-1.7%
1,115 1,096
-
Operating profit
-968.9%
£1,400,000 -£12,164,000
-
Profit before tax
-453.9%
-£3,430,000 -£19,000,000
-
Wages
+3.8%
£41,144,000 £42,706,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers