BIOWISE LIMITED

1. BIOWISE LIMITED 2008-12-01 → present
2. BIOWASTE RECYCLING LIMITED 2001-10-16 → 2008-12-01

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2021-12-31.

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. However, due to FCC's policy of cash sweeping, a letter of support is in place. Accordingly, the directors continue to adopt the going concern basis in preparing the annual financial statements.”

Group structure

1. BIOWISE LIMITED · parent
   1. Wastewise (UK) Limited 100% · England and Wales · Dormant
   2. Wastewise Limited 100% · England and Wales · Dormant
   3. J&B Bio Limited 50% · England and Wales · Waste Management

Significant events

• “The ongoing military conflict between Russia and Ukraine, as well as heightened conflicts in the Middle East, continue to contribute to elevated levels of political instability and uncertainty worldwide. Fuel prices (gas, electricity and oil derived products) have fallen back from the particularly high levels seen in 2022, though they remain higher than pre-conflict levels.”
• “On 10 June 2024, the Company became an indirect subsidiary of FCC Environment (UK) Limited, following the completion of FCC Servicios Medio Ambiente's acquisition of Urbaser's UK operations. This transaction was originally announced in 2023 and has resulted in the Company becoming part of the wider FCC Group.”
• “The Directors consider that the climate agenda has become the climate crisis: public concern for the environment has never been greater, and government focus at all levels — internationally, nationally and locally — has shifted significantly. In particular, the UK has committed to Net Zero carbon emissions by 2050 (2045 in Scotland), and new laws will be taking shape under the newly elected UK Government, including the Great British Energy Bill.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +20.8%

  £11,050,797 → £13,347,161

• Cash

  -81.1%

  £2,224,133 → £420,199

• Net assets

  +28.9%

  £4,661,596 → £6,008,290

• Employees

  +10.3%

  39 → 43

• Operating profit

  -9.5%

  £2,644,587 → £2,393,617

• Profit before tax

  -9.3%

  £2,388,908 → £2,166,444

• Wages

  +28.9%

  £1,032,848 → £1,331,125

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