UK Companies House feature
NATHANS WASTE SAVERS LIMITED
Cash
£3M
+444.5% vs 2024
Net assets
-£8M
+2.6% vs 2024
Employees
299
-2.9% vs 2024
Profit before tax
£385K
+104.9% vs 2024
Profile
- Company number
- SC140595
- Status
- Active
- Incorporation
- 1992-10-07
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 38320
- Hubs
- UK Energy & Climate
Net assets
3-year trend · vs UK Energy & Climate median
Accounts
3-year trend · latest 2025-03-31
| Metric | Trend | 2023-01-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £33,893,778 | £23,098,701 | |
| Operating profit | — | £3,962,584 | £1,381,229 | |
| Profit before tax | — | -£7,850,784 | £384,610 | |
| Net profit | — | -£8,262,857 | £221,610 | |
| Cash | — | £497,178 | £2,707,377 | |
| Total assets less current liabilities | — | £3,171,804 | £5,255,109 | |
| Net assets | — | -£8,679,507 | -£8,457,897 | |
| Equity | £2,544,350 | -£8,679,507 | -£8,457,897 | |
| Average employees | — | 308 | 299 | |
| Wages | — | £8,972,210 | £7,680,775 |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared monthly trading and cash flow forecasts for Nathans Waste Savers Limited and the TRINL new group for a period of at least 12 months from the date these financial statements were signed by the Directors based on the revised financial arrangements noted above. The forecasts demonstrate the ability of the Company to meet working capital requirements and settle its liabilities as they fall due. LGT has waived all covenant criteria for the Group of which the Company is a member as LGT invests in capital projects and significant productivity growth across multiple sites in the new group. As a result, the Directors have prepared these financial statements on a going concern basis.”
Subsidiaries
- Howard Wipers (Denny) Limited · 1% held · UK · Non trading
- Terncove Limited · 1% held · UK · Buying and Selling second hand textiles
- Red Moon Limited · 1% held · UK · Non trading
Significant events
- “There have been no significant events affecting the Company since the year end.”
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
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VISTRA COSEC LIMITED | Corporate Secretary | 2025-04-30 | — | — |
| FLORENCE, Alan | Director | 2025-05-01 | Apr 1968 | British |
| JACKSON, Andrew | Director | 2026-02-10 | Dec 1973 | British |
| MCMURRAY-COLE, Jeremy | Director | 2025-12-02 | Jun 1978 | British |
| ORYE, Michael | Director | 2025-08-01 | Nov 1972 | Danish |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| O'BRIEN, Brendan Henry | Secretary | 2008-02-27 | 2018-10-16 |
| O'BRIEN, Brendan Sylvester | Secretary | 1999-09-07 | 2008-02-27 |
| O'BRIEN, Brendan Henry | Secretary | 1992-10-07 | 1999-09-07 |
| OSWALDS OF EDINBURGH LIMITED | Corporate Nominee Secretary | 1992-10-07 | 1992-10-07 |
| BURROWS SMITH, Mark | Director | 2024-03-21 | 2025-01-31 |
| ELLIOTT, Trevor John | Director | 2018-10-16 | 2024-03-21 |
| ELLIOTT, Trevor John | Director | 2000-02-07 | 2018-10-16 |
| HALLWORTH, Ryan | Director | 2018-10-16 | 2024-03-21 |
| HITCHEN, Louisa | Director | 2025-01-31 | 2025-12-16 |
| O'BRIEN, Brendan Henry | Director | 1999-09-07 | 2018-10-16 |
| O'BRIEN, Brendan Sylvester | Director | 1992-10-07 | 1996-10-31 |
| ROBINSON, Andrew Phillip | Director | 2018-10-16 | 2019-05-20 |
| SCAIFE, Andrew John | Director | 2018-10-16 | 2019-11-14 |
| WILSON, Andrew Neil | Director | 2018-10-16 | 2024-10-01 |
| WOODWARD, Michelle | Director | 2025-02-01 | 2026-04-10 |
| JORDANS (SCOTLAND) LIMITED | Corporate Nominee Director | 1992-10-07 | 1992-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Textile Recycling International Newco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-05-08 | Active |
| Glas Trust Corporation Limited | Corporate entity | Shares 75–100% | 2018-10-29 | Ceased 2024-05-08 |
| Textile Recycling International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-10-22 | Ceased 2018-10-29 |
| Mr Brendan Henry O'Brien | Individual | significant-influence-or-control-as-trust | 2016-04-06 | Ceased 2018-10-22 |
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-28 | CH04 | officers | change corporate secretary company with change date |
| 2026-04-14 | TM01 | officers | termination director company with name termination date |
| 2026-03-31 | AA | accounts | accounts with accounts type full |
| 2026-02-17 | AP01 | officers | appoint person director company with name date |
| 2025-12-16 | AP01 | officers | appoint person director company with name date |
| 2025-12-16 | TM01 | officers | termination director company with name termination date |
| 2025-10-20 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-10-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-22 | AP01 | officers | appoint person director company with name date |
| 2025-05-26 | AP04 | officers | appoint corporate secretary company with name date |
| 2025-05-07 | AP01 | officers | appoint person director company with name date |
| 2025-02-10 | AA | accounts | accounts with accounts type group |
| 2025-02-05 | AP01 | officers | appoint person director company with name date |
| 2025-02-05 | AP01 | officers | appoint person director company with name date |
| 2025-02-05 | TM01 | officers | termination director company with name termination date |
| 2024-11-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-05 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-10-07 | TM01 | officers | termination director company with name termination date |
| 2024-07-30 | AA01 | accounts | change account reference date company previous extended |
| 2024-06-06 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
4.23
SAFE
Altman Z″
- Working capital / Total assets 0.547 × 6.56 = +3.59
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.177 × 6.72 = +1.19
- Book equity / Total liabilities -0.520 × 1.05 = -0.55
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
Composite activity score · components 0–100 · reference 2026-05-09
50.6
COOL
/ 100
- Filings velocity 83
- Capital events 0
- Officer churn 100
- Headcount trajectory 47
- Accounts trajectory 18
- 10 filing(s) in last 12 months
- 3 appointed, 2 resigned (12mo)
- Employees -3% YoY
- Turnover -32% YoY