UK Companies House feature
DERWEN RECYCLING LIMITED
Cash
£402K
-51.9% vs 2023
Net assets
£1M
+7.2% vs 2023
Employees
33
+3.1% vs 2023
Profit before tax
£458K
+14% vs 2023
Profile
- Company number
- 08737258
- Status
- Active
- Incorporation
- 2013-10-17
- Last accounts made up
- 2024-10-31
- Account category
- FULL
- Primary SIC
- 38210
- Hubs
- UK Energy & Climate
Net assets
6-year trend · vs UK Energy & Climate median
Accounts
6-year trend · latest 2024-10-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £15,747,567 | £15,491,771 | |
| Operating profit | — | — | — | — | £451,158 | £549,284 | |
| Profit before tax | — | — | — | — | £401,861 | £458,028 | |
| Net profit | — | — | — | — | £240,466 | £165,483 | |
| Cash | £43,528 | £1,235,012 | £666,177 | — | £835,803 | £401,782 | |
| Total assets less current liabilities | £1,092,149 | £1,743,545 | £1,732,959 | — | £2,332,792 | £3,004,461 | |
| Net assets | £387,139 | £802,528 | £961,506 | — | £1,133,030 | £1,214,513 | |
| Equity | £387,139 | £802,528 | £961,506 | £976,564 | £1,133,030 | £1,214,513 | |
| Average employees | 20 | 31 | 31 | — | 32 | 33 | |
| Wages | — | — | — | — | £1,168,919 | £1,178,111 |
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
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “£2.2m capital investment completed during the 2024 financial year.”
- “Creditors have increased due to the hire purchase additions and intercompany trade.”
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
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Mark Mervyn | Director | 2013-10-17 | Aug 1971 | British |
| HANFORD, Stuart Ivor | Director | 2013-10-17 | May 1969 | British |
| KEOGH, Debbie Ann | Director | 2017-03-31 | Dec 1968 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mark Mervyn Davies | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
| Mr Stuart Ivor Hanford | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-10 | DISS40 | gazette | gazette filings brought up to date |
| 2026-01-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-06 | GAZ1 | gazette | gazette notice compulsory |
| 2025-07-31 | AA | accounts | accounts with accounts type full |
| 2024-12-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-29 | AA | accounts | accounts with accounts type total exemption full |
| 2023-10-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-31 | AA | accounts | accounts with accounts type total exemption full |
| 2022-11-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-28 | AA | accounts | accounts with accounts type total exemption full |
| 2022-02-22 | CH01 | officers | change person director company with change date |
| 2022-02-22 | CH01 | officers | change person director company with change date |
| 2021-11-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-15 | AA | accounts | accounts with accounts type total exemption full |
| 2021-01-12 | CH01 | officers | change person director company with change date |
| 2020-10-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-02-14 | AA | accounts | accounts with accounts type total exemption full |
| 2019-10-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2019-07-23 | AA | accounts | accounts with accounts type total exemption full |
| 2018-10-17 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-10-31
0.18
DISTRESS
Altman Z″
- Working capital / Total assets -0.096 × 6.56 = -0.63
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.085 × 6.72 = +0.57
- Book equity / Total liabilities 0.231 × 1.05 = +0.24
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