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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-15 (in 7mo)

Last made up 2025-12-01

Watchouts

None on the register

Cash

£141K

+22.2% vs 2020

Net assets

-£10M

Equity attributable

Employees

0

Average over period

Profit before tax

-£3M

-13.6% vs 2020

Accounts

2-year trend · latest reflected 2021-02-28

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2021-02-28.

Metric Trend 2020-02-292021-02-28
Turnover £14,645,485£13,346,752
Operating profit -£261,085-£510,777
Profit before tax -£2,394,843-£2,719,732
Net profit -£2,394,843-£2,719,732
Cash £115,579£141,260
Total assets less current liabilities £11,762,942
Net assets -£9,721,106
Equity -£9,721,106
Average employees 0
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-02-292021-02-28
Operating margin -1.8%-3.8%
Net margin -16.4%-20.4%
Return on capital employed -4.3%
Interest cover -0.12x-0.23x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Baker Tilly Kirk
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company made a loss for the year of £3,393,102 and at the end of the financial year had net liabilities of £6,241,022. The directors are encouraged by the latest management accounts which show the company to be now operating profitably and have prepared cash flows for the next 12-months showing that the company will have adequate resources to continue in operation and meet its obligations as they fall due. The company's parent company has confirmed that it will continue to support the company for the foreseeable future. On this basis the directors consider it appropriate for the financial statements to be prepared on an going concern basis.”

Significant events

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

People

3 active · 5 resigned

Name Role Appointed Born Nationality
BYRNE, Kieran Mark Director 2016-03-31 Jul 1976 Irish
SAMWORTH, James Peter Director 2022-02-25 Jun 1976 British
UNWIN, Hugh Alexander Director 2022-02-25 Jul 1972 British
Show 5 resigned officers
Name Role Appointed Resigned
HOADLEY, Jack Charles Director 2021-05-12 2022-02-25
KENT, Philip William Director 2015-12-02 2016-05-12
LINNEY, Joseph Mark Director 2019-10-18 2022-02-25
REID, James Alastair Director 2018-12-19 2019-10-18
SAMWORTH, James Peter Director 2016-05-12 2018-12-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Tramroad Recycling Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-05-12 Active
Bioenergy Infrastructure Limited Corporate entity Shares 25–50% 2017-08-18 Ceased 2021-05-12
European Investment Bank Legal person Shares 25–50% 2016-04-06 Ceased 2021-05-12
Mr Kieran Byrne Individual Shares 25–50% 2016-04-06 Ceased 2021-05-12
Mr Paul Byrne Individual Shares 25–50% 2016-04-06 Ceased 2021-05-12
Uk Green Investment Bank Legal person Shares 25–50% 2016-04-06 Ceased 2017-08-18

Filing timeline

Last 20 of 64 total filings

Date Type Category Description
2025-12-23 AA accounts Accounts with accounts type full
2025-12-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-17 CH01 officers Change person director company with change date PDF
2024-12-16 CH01 officers Change person director company with change date PDF
2024-12-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-27 AA accounts Accounts with accounts type full
2024-01-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-09 AA accounts Accounts with accounts type full
2023-02-20 AA01 accounts Change account reference date company previous shortened PDF
2023-01-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-05 AA accounts Accounts with accounts type full
2022-09-02 AUD auditors Auditors resignation company
2022-05-09 TM01 officers Termination director company with name termination date PDF
2022-05-09 TM01 officers Termination director company with name termination date PDF
2022-02-28 AA accounts Accounts with accounts type full PDF
2022-02-25 AP01 officers Appoint person director company with name date PDF
2022-02-25 AP01 officers Appoint person director company with name date PDF
2022-01-13 CS01 confirmation-statement Confirmation statement with updates PDF
2021-08-23 SH01 capital Capital allotment shares PDF
2021-07-05 SH10 capital Capital variation of rights attached to shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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.

Year-on-year

FY2020 → FY2021 · period ending 2021-02-28 vs 2020-02-29

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

Official Companies House page