NATHANS WASTE SAVERS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.”

Group structure

1. NATHANS WASTE SAVERS LIMITED · parent
   1. Howard Wipers (Denny) Limited 1% · UK · Non trading
   2. Terncove Limited 1% · UK · Buying and Selling second hand textiles
   3. Red Moon Limited 1% · UK · Non trading

Significant events

• “There have been no significant events affecting the Company since the year end.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -31.8%

  £33,893,778 → £23,098,701

• Cash

  +444.5%

  £497,178 → £2,707,377

• Net assets

  +2.6%

  -£8,679,507 → -£8,457,897

• Employees

  -2.9%

  308 → 299

• Operating profit

  -65.1%

  £3,962,584 → £1,381,229

• Profit before tax

  +104.9%

  -£7,850,784 → £384,610

• Wages

  -14.4%

  £8,972,210 → £7,680,775

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