COUNTRYSTYLE RECYCLING LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Kreston Reeves Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. Because of this, the financial statements have been prepared on a going concern basis.”

Group structure

1. COUNTRYSTYLE RECYCLING LIMITED · parent
   1. Countrystyle Recycling (East) Limited 100%
   2. Compact and Bale Limited 100%

Significant events

• “The results of the company for the year as set out on page 13 show a profit before, interest and tax of £4,570k (2024 - £8,871k). This is a decrease on the prior year down to experiencing external market conditions and increased overhead costs to facilitate growth strategies and support ongoing digitalisation projects.”
• “Shareholder's funds now total £33.2 million (2024 - £30.7 million).”
• “During the financial year, the company has experienced a small immaterial increase in doubtful and bad debts due to the current climate, therefore additional mitigation strategies have been implemented to reduce any further exposure and manage liquidity pressures.”
• “On the 13 February 2025 the company acquired the entire share capital of Compact and Bale Limited for total consideration of £4,143,893.”
• “On 21 December 2021, an unlimited composite company guarantee was given by Countrystyle Recycling Limited and other companies within the Heathcote Holdings group to HSBC UK Bank Plc. On the 17 December 2024 the facility was renegotiated with HSBC UK Bank Plc, as security agent. At 30 April 2025, the total exposure amounts to £20,900,000 (2024: £21,975,000).”

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

Filings

3

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

  +3.3%

  £100,601,308 → £103,953,775

  highest in 6 filed years

• Cash

  -99.2%

  £4,810,010 → £37,825

  lowest in 6 filed years

• Net assets

  +8.7%

  £30,732,742 → £33,404,933

  highest in 6 filed years

• Employees

  +3.8%

  477 → 495

  highest in 6 filed years

• Operating profit

  -49.4%

  £8,728,130 → £4,412,990

• Profit before tax

  -48.5%

  £8,870,502 → £4,570,051

• Wages

  +20.5%

  £19,615,343 → £23,641,879

  highest in 6 filed years

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