UK Companies House feature
SWM & WASTE RECYCLING LIMITED
Cash
£991K
-59.7% vs 2024
Net assets
£4M
-18.9% vs 2024
Employees
66
+8.2% vs 2024
Profit before tax
£479K
+3.9% vs 2024
Profile
- Company number
- 04364685
- Status
- Active
- Incorporation
- 2002-02-01
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 38110
- Hubs
- UK Energy & Climate
Net assets
3-year trend · vs UK Energy & Climate median
Accounts
3-year trend · latest 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | £461,464 | £479,346 | |
| Net profit | — | £348,750 | £359,445 | |
| Cash | — | £2,459,662 | £991,391 | |
| Total assets less current liabilities | — | £7,280,399 | £5,439,285 | |
| Net assets | — | £5,494,880 | £4,453,854 | |
| Equity | — | £5,494,880 | £4,453,854 | |
| Average employees | — | 61 | 66 | |
| Wages | — | £1,811,608 | £2,028,443 |
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
- Peplows Audit Limited
- 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.”
Subsidiaries
- Glanvile Metals Ltd · 100% held
Significant events
- “Since the year end there have been high levels of volatility within the metals markets, some prices have fallen with supplies being more difficult to secure.”
- “The company is looking to increase turnover by expanding its geographical area of coverage. As part of this aim the company acquired 100% of the share capital in Glanvile Metals Ltd on 4 April 2025. This has extended operations into the Torbay area of Devon. Currently the acquired company is trading separately to SWM & Waste Recycling Limited.”
- “On 4 April 2025 the company acquired 100% of the issued share capital in Glanvile Metals Ltd.”
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 · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKERS, Kathryn | Secretary | 2024-04-01 | — | — |
| PENFOLD, Carol Flossie | Secretary | 2022-04-07 | — | — |
| AKERS, Philip Anthony | Director | 2024-04-01 | Jan 1991 | British |
| AKERS, Shawn Richard | Director | 2002-02-04 | Nov 1967 | British |
| MOGFORD, Martin Edward | Director | 2013-12-02 | Nov 1962 | British |
| PENFOLD, Raymond Thomas | Director | 2025-03-01 | May 1994 | British |
| PENFOLD, Raymond James | Director | 2002-02-04 | Jan 1963 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PENFOLD, Vashtie | Secretary | 2002-02-04 | 2011-01-12 |
| BRIGHTON SECRETARY LTD | Corporate Nominee Secretary | 2002-02-01 | 2002-02-01 |
| AMOS, Sally Anne | Director | 2013-12-02 | 2017-09-30 |
| COUCH, Darren John | Director | 2006-07-01 | 2013-11-08 |
| PENFOLD, Raymond | Director | 2002-02-04 | 2017-03-10 |
| PENFOLD, Vashtie | Director | 2002-02-04 | 2011-01-12 |
| BRIGHTON DIRECTOR LTD | Corporate Nominee Director | 2002-02-01 | 2002-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| P & A (Swm) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-05-30 | Active |
| Mr Shawn Richard Akers | Individual | Voting 25–50% | 2016-04-06 | Ceased 2024-05-30 |
| Mr Raymond James Penfold | Individual | Voting 25–50% | 2016-04-06 | Ceased 2024-05-30 |
| Mr Raymond Penfold | Individual | Shares 50–75%, Voting 25–50% | 2016-04-06 | Ceased 2017-03-10 |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-18 | AA | accounts | accounts with accounts type full |
| 2025-03-13 | CH01 | officers | change person director company with change date |
| 2025-03-12 | AP01 | officers | appoint person director company with name date |
| 2025-03-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-17 | AA | accounts | accounts with accounts type medium |
| 2024-07-23 | RESOLUTIONS | resolution | resolution |
| 2024-06-07 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-06-07 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-06-07 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-04-03 | AP01 | officers | appoint person director company with name date |
| 2024-04-03 | CH01 | officers | change person director company with change date |
| 2024-04-03 | AP03 | officers | appoint person secretary company with name date |
| 2024-03-04 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-03-01 | CH01 | officers | change person director company with change date |
| 2024-03-01 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-03-01 | CH01 | officers | change person director company with change date |
| 2024-03-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-31 | AA | accounts | accounts with accounts type full |
| 2023-03-01 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
2.22
GREY ZONE
Altman Z″
- Working capital / Total assets 0.111 × 6.56 = +0.73
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.061 × 6.72 = +0.41
- Book equity / Total liabilities 1.031 × 1.05 = +1.08
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