RETFORD WASTE LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors have taken the decision to implement an orderly wind down of Retford Waste Limited, with the company expected to cease trading by December 2025. This decision follows the closure of the Retford site. Continued operation of the site is no longer considered viable. Accordingly, the financial statements have been prepared on a basis other than the going concern basis, reflecting the intention to wind down operations and cease trading.

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

IFRS (FRS 101)

Reporting scope

Standalone (parent only)

Auditor

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have taken the decision to implement an orderly wind down of Retford Waste Limited, with the company expected to cease trading by December 2025. This decision follows the closure of the Retford site. Continued operation of the site is no longer considered viable. Accordingly, the financial statements have been prepared on a basis other than the going concern basis, reflecting the intention to wind down operations and cease trading.”

Significant events

• “The Directors have taken the decision to implement an orderly wind down of Retford Waste Limited, with the company expected to cease trading by December 2025.”
• “This decision follows the closure of the Retford site. Continued operation of the site is no longer considered viable. As a result, management has commenced the transfer of plant and machinery and ongoing work to Fletcher Plant Limited, a fellow group company operating from its site in Sheffield.”
• “Due to the planned cessation of trading, fixed assets have been written down to net book value, reflecting their recoverable amount prior to transfer or disposal. The resulting impairment charge is recognised in the profit and loss account.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -39.5%

  £98,804 → £59,773

  lowest in 3 filed years

• Net assets

  —

  Not reported

• Employees

  -23.1%

  13 → 10

• Profit before tax

  -257.6%

  £173,943 → -£274,091

  lowest in 3 filed years

• Wages

  +3%

  £397,269 → £409,044

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