UK Companies House feature
CHANGING WASTE LTD
Cash
£178K
-4.8% vs 2023
Net assets
-£1M
-34.5% vs 2023
Employees
45
-2.2% vs 2023
Profit before tax
-£383K
+9.4% vs 2023
Profile
- Company number
- 10470933
- Status
- Active
- Incorporation
- 2016-11-09
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 38110
- Hubs
- UK Energy & Climate
Net assets
9-year trend · vs UK Energy & Climate median
Accounts
9-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-30 | 2020-12-31 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £11,862,667 | — | £11,407,415 | £8,907,205 | |
| Operating profit | — | — | — | — | — | £1,119,698 | — | -£353,294 | -£288,356 | |
| Profit before tax | — | — | — | — | — | £1,091,190 | — | -£422,790 | -£382,837 | |
| Net profit | — | — | — | — | — | — | — | -£332,827 | -£307,515 | |
| Cash | £62,593 | £134,923 | — | £244,602 | — | £148,081 | — | £187,384 | £178,453 | |
| Total assets less current liabilities | -£1,148,407 | -£1,483,048 | — | £5,835,100 | — | £4,520,557 | — | £5,111,001 | -£45,235 | |
| Net assets | -£1,433,812 | -£1,696,091 | — | -£1,266,693 | — | -£456,210 | — | -£789,037 | -£1,061,393 | |
| Equity | -£1,433,812 | -£1,696,091 | — | -£1,266,693 | — | -£456,210 | -£456,210 | -£789,037 | -£1,061,393 | |
| Average employees | 40 | 45 | — | 44 | — | 46 | — | 46 | 45 | |
| Wages | — | — | — | — | — | £1,923,120 | — | £1,896,025 | £2,079,535 |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Ryecroft Glenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December 2024 the Company had net current liabilities of £3,921,811 (2023: net current assets £491,187) and net liabilities of £1,061,393 (2023: £789,037). It is dependent upon the funds provided by its parent company, GVO B-1 Limited. GVO B-1 Limited has provided the Company with a letter of support confirming that they will not recall the amounts due in the next 12 months and will continue to make available such funds as are needed by the Company to continue in operational existence for the foreseeable future for meeting its liabilities as they fall due for payment. Having reviewed the Company's current position and cash flow projections for the next twelve months and beyond, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and to be profitable. Accordingly, the going concern basis has been adopted in preparing the financial statements.”
Significant events
- “A reorganisation undertaken towards the end of the financial year resulted in an increase in certain overheads. These changes are expected to support operational effectiveness and efficiency going forward.”
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
2 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MADDAN, Ralph Buchanan | Director | 2024-09-06 | Dec 1964 | British |
| STOYELL, Christer Eric | Director | 2024-11-12 | Nov 1977 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUGUID, Adam Matthew | Secretary | 2021-10-05 | 2024-09-02 |
| BOLLAND, Marc | Director | 2024-09-06 | 2024-11-12 |
| BOND, Harry Piers Shaw | Director | 2016-11-09 | 2020-08-25 |
| DUGUID, Adam Matthew | Director | 2022-11-24 | 2024-09-02 |
| FOURACRES, Alan | Director | 2017-11-15 | 2022-04-01 |
| HUNTER, Neil Francis | Director | 2016-11-09 | 2024-09-06 |
| KUESSNER, Michael | Director | 2017-09-01 | 2024-09-06 |
| SANDERSON, Lee David | Director | 2021-10-05 | 2024-11-30 |
| TURTON, Neil | Director | 2022-11-24 | 2024-11-30 |
| VIERGUTZ, Marina Nitsa | Director | 2024-09-06 | 2024-11-12 |
| WILLIAMSON, Allen | Director | 2017-09-01 | 2022-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Allen Williamson | Individual | Shares 25–50%, Voting 25–50% | 2017-09-01 | Ceased 2022-11-24 |
| Gvo B-1 Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-07-05 | Active |
| Mr Neil Francis Hunter | Individual | Shares 75–100%, Voting 75–100% | 2016-11-09 | Ceased 2017-07-05 |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-23 | AA | accounts | accounts with accounts type full |
| 2025-09-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-30 | AA | accounts | accounts with accounts type full |
| 2024-12-23 | TM01 | officers | termination director company with name termination date |
| 2024-12-02 | TM01 | officers | termination director company with name termination date |
| 2024-12-02 | TM01 | officers | termination director company with name termination date |
| 2024-11-20 | TM01 | officers | termination director company |
| 2024-11-20 | AP01 | officers | appoint person director company with name date |
| 2024-11-20 | TM01 | officers | termination director company with name termination date |
| 2024-09-23 | RP04AP01 | officers | second filing of director appointment with name |
| 2024-09-17 | AP01 | officers | appoint person director company with name date |
| 2024-09-17 | TM01 | officers | termination director company with name termination date |
| 2024-09-17 | TM01 | officers | termination director company with name termination date |
| 2024-09-13 | AP01 | officers | appoint person director company with name date |
| 2024-09-11 | AP01 | officers | appoint person director company with name date |
| 2024-09-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-03 | TM01 | officers | termination director company with name termination date |
| 2024-09-03 | TM02 | officers | termination secretary company with name termination date |
| 2024-01-22 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-09-15 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-3.88
DISTRESS
Altman Z″
- Working capital / Total assets -0.531 × 6.56 = -3.48
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.039 × 6.72 = -0.26
- Book equity / Total liabilities -0.126 × 1.05 = -0.13
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