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WRG (MIDLANDS) LIMITED
GREENGAIRS LANDFILL, MEIKLE DRUMGRAY ROAD, GREENGAIRS, AIRDRIE, LANARKSHIRE, ML6 7TDPrevious name: SHANKS MIDLANDS LIMITED (changed on 19-Jul-2004)
Company Number: SC043286
Incorporation date: 25-Mar-1966
Status: Active
Entity type: Private Limited Company
SIC codes:
38210 Treatment and disposal of non-hazardous waste
82990 Other business support service activities not elsewhere classified
SUMMARY
This company is 58.1 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -7.6 million but has improved from GBP -7.7 million in the previous year. The latest reported revenue figure is GBP 2 million which is down -70% on the previous year. Retained earnings is negative (GBP -8.8 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 79 other companies, 10 (12.7%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 1,981,000 | -135,000 | 441,000 | 65,000 | ||
31-Dec-2018 | GBP | 6,453,000 | -687,000 | 410,000 | -1,097,000 | ||
31-Dec-2017 | GBP | 13,749,000 | -1,053,000 | 675,000 | -1,728,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 5,254,000 | 1,971,000 | 100,000 | -8,756,000 | -7,629,000 | |||
31-Dec-2018 | GBP | 4,771,000 | 527,000 | 100,000 | -8,821,000 | -7,694,000 | |||
31-Dec-2017 | GBP | 6,628,000 | 777,000 | 100,000 | -7,724,000 | -6,597,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Georgina Violet CROWHURST | 15 Oct 2019 | 28 Jan 2020 | 0 - 1 | ||
Resigned | Carol Jayne NUNN | 20 Dec 2012 | 17 May 2019 | 0 - 1 | ||
Resigned | Victoria BUNTON | 26 Oct 2011 | 20 Dec 2012 | 0 - 1 | ||
Resigned | Caterina DE FEO | 01 Aug 2009 | 31 Aug 2010 | 0 - 48 | ||
Resigned | Claire FAVIER TILSTON | 15 Dec 2006 | 10 Jan 2013 | 0 - 55 | ||
Resigned | Samantha Jane CALDER | 27 Jul 2005 | 28 Sep 2006 | 0 - 152 | ||
Resigned | Jonathan Mark BOLTON | 27 Jul 2005 | 20 Oct 2008 | 27 - 221 | ||
Resigned | Alan WATERHOUSE | 01 Jul 2004 | 27 Jul 2005 | 0 - 58 | ||
Resigned | Sara Philipa CANNON | 30 Nov 2000 | 30 Jun 2004 | British | 0 - 30 | |
Resigned | Jane Leslie KING | 09 Jul 1991 | 29 Nov 2000 | 0 - 31 | ||
Resigned | Peter Daniel MATHER | 09 Jul 1991 | 0 - 8 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Fraser Wilson MCKENZIE | 01 Feb 2024 | Chief Financial Officer | British | 66 - 1 | 1 (1.5%) | |
Active | Steven John LONGDON | 02 Aug 2023 | Chief Executive Officer | British | 69 - 0 | 2 (2.9%) | |
Resigned | Paul TAYLOR | 01 Dec 2009 | 01 Dec 2009 | Chief Executive Officer | British | 3 - 80 | 9 (10.8%) |
Active | Vicente Federico ORTS-LLOPIS | 01 Dec 2009 | Chief Financial Accountant | Spanish | 47 - 13 | 11 (18.3%) | |
Resigned | Agustin SERRANO MINCHAN | 01 Aug 2009 | 11 Feb 2022 | Technical Civil Engineer | Spanish | 0 - 38 | 4 (10.5%) |
Resigned | Christopher John ELLIS | 27 Jun 2008 | 28 Nov 2013 | Director | British | 2 - 20 | 5 (22.7%) |
Resigned | Malcolm ROBINSON | 06 Oct 2006 | 27 Jun 2008 | Engineer | British | 0 - 15 | 2 (13.3%) |
Resigned | Steven Neville HARDMAN | 16 Aug 2004 | 30 Apr 2008 | Solicitor | British | 0 - 221 | 75 (33.9%) |
Resigned | Leslie James Davidson CASSELLS | 01 Jul 2004 | 30 Nov 2009 | Finance Director | British | 0 - 78 | 19 (24.4%) |
Resigned | James Robert MEREDITH | 01 Jul 2004 | 27 Nov 2009 | Chief Executive | British | 0 - 95 | 31 (32.6%) |
Resigned | Quentin Richard STEWART | 01 Jul 2004 | 25 Oct 2004 | Director | British | 0 - 82 | 37 (45.1%) |
Resigned | Phillip Wesley BURNS | 01 Jul 2004 | 25 Oct 2004 | Finance | British | 2 - 51 | 17 (32.1%) |
Resigned | Michael James CLARKE | 29 Apr 1999 | 01 Jul 2004 | Finance Director | British | 1 - 74 | 45 (60.0%) |
Resigned | James Robert MEREDITH | 16 Feb 1994 | 31 Mar 2003 | Director | British | 0 - 95 | 31 (32.6%) |
Resigned | David John DOWNES | 12 Jan 1994 | 01 Jul 2004 | Finance Director | British | 2 - 59 | 40 (65.6%) |
Resigned | Michael Charles Edward AVERILL | 12 Jan 1994 | 01 Jul 2004 | Director | British | 0 - 63 | 39 (61.9%) |
Resigned | Joanna Simone, Doctor MARTIN | 29 Mar 1993 | 24 Nov 1993 | Director | British | 0 - 13 | 6 (46.2%) |
Resigned | David Frederick WHEELER | 01 Jul 1992 | 29 Mar 1993 | Director | British | 0 - 8 | 3 (37.5%) |
Resigned | Kenneth Robert MORIN | 09 Jul 1991 | 01 Feb 1999 | Director | British | 0 - 11 | 4 (36.4%) |
Resigned | Leon STEINER | 09 Jul 1991 | 23 Mar 1992 | Company Director | British | 0 - 5 | 0 (0.0%) |
Resigned | Robert Leslie TASKER | 09 Jul 1991 | 29 Mar 1993 | Director | British | 0 - 5 | 1 (20.0%) |
Resigned | Hugh Leishman Inglis RUNCIMAN | 04 Jun 1990 | 31 Dec 1992 | Director | British | 0 - 31 | 15 (48.4%) |
Resigned | Alastair John Neil FOWLER | 01 Jun 1990 | 30 Sep 1993 | Director | British | 0 - 30 | 19 (63.3%) |
Resigned | Geoffrey John NEWMAN | 01 Jun 1990 | 30 Aug 1996 | Director | British | 0 - 13 | 5 (38.5%) |
Resigned | Kenneth George COULSON | 01 Nov 1991 | Director | British | 0 - 2 | 1 (50.0%) | |
Resigned | Michael Roger HEWITT | 12 Jan 1994 | Director | British | 5 - 63 | 27 (39.7%) | |
Resigned | Peter Daniel MATHER | 09 Jul 1991 | Accountant | British | 0 - 8 | 6 (75.0%) | |
Resigned | Hugh Leishman Inglis RUNCIMAN | 31 Dec 1992 | Director | British | 0 - 31 | 15 (48.4%) | |
Resigned | Anthony Russell PLATTS | 09 Jul 1991 | Director | British | 0 - 2 | 0 (0.0%) | |
Resigned | James Andrew MACDUFF | 31 Mar 1991 | Director | British | 2 - 3 | 0 (0.0%) |
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 7.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2020-06-30 | 2018-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | ||
WASTE RECYCLING GROUP (UK) LIMITED | ORDINARY | 100,000 100% | 0 0% | 0 0% | 0 0% | 100,000 100% |
GLAS TRUSTEES LIMITED | ORDINARY | 0 0% | 100,000 100% | 0 0% | 0 0% | 0 0% |
GLAS NOMINEES LIMITED | ORDINARY | 0 0% | 0 0% | 100,000 100% | 100,000 100% | 0 0% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
WRG (MIDLANDS) LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
38210 Treatment and disposal of non-hazardous waste)
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LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
WRG (MIDLANDS) LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | 1.2% | 4.3% | 6.8% | Medium |
Age | 0.4% | 1.4% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.8% | 3.8% | 7.5% | Medium |