NEW EARTH SOLUTIONS (WEST) 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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the going concern basis of preparation. The company had a loss for the financial year of £9,930,774 (2023: loss of £1,305,393) and at 30 December 2024 had net current liabilities of £28,082,004 (2023: £30,253,370) and net liabilities of £6,456,648 (2023: £2,175,874). Having considered the company's budgets and cashflows, and the confirmation from the company's fellow group undertaking, Beauparc Utilities Holdings Limited, that it currently intends to continue to provide financial support for a period not less than 12 months from the approval of these financial statements, sufficient to enable the company to continue to trade and meet its liabilities as and when they fall due, the directors are satisfied that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 1 October 2024, the trade and assets of the Collections business of the company was transferred to Bagnall & Morris (Waste Services) Limited for a consideration of £2,145,062, being its net asset value. This comprised tangible fixed assets of £492,370, trade and other receivables of £2,234,486 and trade and other payables of £581,794. The consideration was paid by way of a promissory note to the value of £2,145,062.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -6.1%

  £65,471,113 → £61,472,312

• Cash

  -69.4%

  £1,523,240 → £465,508

• Net assets

  -196.7%

  -£2,175,874 → -£6,456,648

• Employees

  -2.6%

  379 → 369

• Operating profit

  -28.8%

  -£3,583,952 → -£4,615,932

• Profit before tax

  -121.8%

  -£4,855,768 → -£10,772,451

• Wages

  -9.9%

  £13,943,921 → £12,561,474

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers