UK Companies House feature
THANET WASTE SERVICES LIMITED
Cash
£217K
-70.5% vs 2023
Net assets
£4M
+5.8% vs 2023
Employees
105
-12.5% vs 2023
Profit before tax
£220K
-44.6% vs 2023
Profile
- Company number
- 03501825
- Status
- Active
- Incorporation
- 1998-01-30
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 38320
- Hubs
- UK Energy & Climate
Net assets
9-year trend · vs UK Energy & Climate median
Accounts
9-year trend · latest 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £14,032,343 | — | £15,405,044 | — | £17,892,070 | — | £19,265,099 | £17,820,028 | |
| Operating profit | — | £1,139,894 | — | £615,368 | — | £298,674 | — | £613,891 | £411,235 | |
| Profit before tax | — | £1,086,669 | — | £379,016 | — | £145,045 | — | £396,562 | £219,667 | |
| Net profit | — | £1,017,721 | — | £285,050 | — | — | — | — | — | |
| Cash | — | £1,635,159 | — | £631,618 | — | £272,597 | — | £735,401 | £216,774 | |
| Total assets less current liabilities | — | £6,426,514 | — | £6,280,568 | — | £6,393,800 | — | £6,707,798 | £6,537,617 | |
| Net assets | — | £3,186,388 | — | £3,471,438 | — | £3,684,643 | — | £3,927,403 | £4,156,956 | |
| Equity | £2,668,667 | £3,186,388 | £3,186,388 | £3,471,438 | — | £3,684,643 | — | £3,927,403 | £4,156,956 | |
| Average employees | — | 103 | — | 106 | — | 114 | — | 120 | 105 | |
| Wages | — | £2,999,036 | — | £3,247,294 | — | £3,549,117 | — | £3,904,734 | £3,960,152 |
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 §1A
- Reporting scope
- Standalone (parent only)
- Auditor
- Magee Gammon Corporate Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Reco Ready Mix Limited · 100% held · UK · Manufacture and supply of ready-mix concrete
- Recomix Limited · 100% held · UK · Dormant
- Reco Pro Limited · 100% held · UK · Dormant
- T W Services (Kent) Limited · 100% held · UK · Dormant
Significant events
- “Despite current market conditions, the company has had a successful year. The company achieved a level of turnover during the year lower than that of the previous financial year but the directors consider that the company is well placed for the forthcoming year and going forward.”
- “The main focus for the forthcoming year is continued increase of output from the washplant and utilising the facility to it's full potential. The company has also invested in new lorries and plant which will contribute towards the continued expansion of trade and providing reliable services.”
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
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAY, Lorraine Winifred | Secretary | 1999-11-05 | — | British |
| FRIEND, Peter Michael | Director | 2014-07-22 | Jun 1974 | British |
| RAY, Leslie John | Director | 1998-01-30 | Jun 1948 | British |
| RAY, Lorraine Winifred | Director | 2005-08-01 | Aug 1951 | British |
| RAY, Spencer Henry | Director | 2005-08-01 | Mar 1974 | British |
| RAY, Wesley | Director | 2005-08-01 | Mar 1977 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COMPUTERCOUNTS SECRETARIAL LIMITED | Corporate Secretary | 1998-01-30 | 1999-11-05 |
| SAME-DAY COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 1998-01-30 | 1998-01-30 |
| WILDMAN & BATTELL LIMITED | Corporate Nominee Director | 1998-01-30 | 1998-01-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| 1948 Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-30 | Active |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-28 | CH01 | officers | change person director company with change date |
| 2026-04-28 | CH01 | officers | change person director company with change date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-08-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-01 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-08-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-28 | AA | accounts | accounts with accounts type full |
| 2023-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-09-30 | AA | accounts | accounts with accounts type full |
| 2022-08-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-02-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-11-17 | CH01 | officers | change person director company with change date |
| 2021-10-06 | AA | accounts | accounts with accounts type full |
| 2021-07-12 | CH01 | officers | change person director company with change date |
| 2021-02-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-01-07 | AA | accounts | accounts with accounts type full |
| 2020-02-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2019-10-16 | CH01 | officers | change person director company with change date |
| 2019-10-16 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
1.95
GREY ZONE
Altman Z″
- Working capital / Total assets 0.145 × 6.56 = +0.95
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.040 × 6.72 = +0.27
- Book equity / Total liabilities 0.692 × 1.05 = +0.73
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