CDE GLOBAL LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. CDE GLOBAL LIMITED 2010-08-11 → present
2. CDE IRELAND LTD 2000-06-21 → 2010-08-11

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

Consolidated group

Auditor

BDO Northern Ireland

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the Balance sheet date, the group had net assets of £43,911,673 (2023: £35,337,196) and generated a profit before tax of £8,036,585 for the year ended 31 December 2024 (2023: £5,030,935). The directors have formed a judgement, at the time of approving the financial statements, that there is a reasonable expectation that the group has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of these financial statements. In making this assessment, the directors have prepared budgets and cash flow forecasts, extended to 31 December 2026, which have been subjected to stress testing to understand the projected impact of plausible downside scenarios such as the adverse effects of macroeconomic conditions on the group's revenue, profit or loss and cash flows. The base case and downside risk models demonstrate that the group will continue to have cash available to support its ongoing operations for the next 12 months from the date of this statement. As a result, the directors continue to prepare the financial statements on a going concern basis as they are satisfied that the group has the ability to meet its liabilities as and when they fall due for a period of not less than 12 months from the date of this report.”

Group structure

1. CDE GLOBAL LIMITED · parent
   1. CDE Manufacturing Limited 100% · Northern Ireland
   2. 5015 Finance Limited 100% · Northern Ireland
   3. CDE Global Inc 100% · USA
   4. TR Recycling, LLC 100% · USA
   5. CDE South Africa (Pty) Ltd 100% · South Africa
   6. CDE Global Australia (Pty) Ltd 100% · Australia
   7. CDE Europe GmbH 100% · Austria
   8. CDE (Shanghai) Environment Protection Technology Co. Ltd 100% · China
   9. CDE Global Comercio de Equipamentos Para Mineracoa Ltda 100% · Brazil

Significant events

• “The directors remain confident that the current level of performance will continue to improve in the future, and it is the directors' intention to develop the present activities of the group.”
• “The group aims to offset macroeconomic risks through robust governance processes, product pricing strategies, cost reduction initiatives, and efficiency improvements.”
• “In 2024, the group reinforced its focus on employee wellbeing, inclusive engagement, and team development and progression. This is underpinned by the strategic ambition to create platforms for people, ensuring that every team member has the opportunity to grow, contribute, and thrive within a supportive and empowering culture.”
• “CDE Global Limited and its subsidiaries have committed to net zero carbon emissions by 2050. By doing so, the group recognises the crucial role the business and community can play in minimising the risk climate change poses to the future of our planet.”
• “Together with our customers, the group is diverting millions of tons of material from landfills, protecting sands in areas where natural reserves are in decline, and enabling production to happen closer to markets.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -7.3%

  £132,354,490 → £122,706,685

• Cash

  +71.5%

  £10,525,622 → £18,049,981

• Net assets

  +24.3%

  £35,337,196 → £43,911,673

• Employees

  -9.6%

  625 → 565

• Operating profit

  +51.9%

  £5,588,764 → £8,488,318

• Profit before tax

  +59.7%

  £5,030,935 → £8,036,585

• Wages

  -7%

  £30,085,937 → £27,984,173

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