ELECTRICAL WASTE RECYCLING GROUP LIMITED

UNIT 1, BLOCK B 26 KING'S HAUGH, PRESTONFIELD PARK INDUSTRIAL ESTATE, EDINBURGH, EH16 5UY

Previous name: LAMPCARE (UK) RECYCLING LIMITED (changed on 09-Feb-2008)

Company Number: SC208558
Incorporation date: 27-Jun-2000
Status: Active
Entity type: Private Limited Company

SIC codes:
38220 Treatment and disposal of hazardous waste





SUMMARY

This company is 23.8 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -938.6 thousand which has worsened since the previous year's figure of GBP -76 thousand. The latest reported revenue figure is GBP 5.4 millionRetained earnings is negative (GBP -1 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 17 other companies, 2 (11.8%) 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 is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Jan-2025
Accounts Filed: GROUP (30-Apr-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Apr-2020 GBP 5,379,521 112,262 97,315 2,055
30-Apr-2019 GBP -262,040
30-Apr-2018 GBP 4,888,557 -113,545 -974,047


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Apr-2020 GBP 41,608 729,656 1,551,319 100,000 -1,038,571 -938,571
30-Apr-2019 GBP 96,050 956,197 1,327,467 33,831,053 126,741 -34,033,840 -76,046
30-Apr-2018 GBP 230,485 890,012 1,346,213 33,831,053 126,741 -34,160,451 -202,657

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Apr-2020 GBP -33,731.05% -33,857,794 33,958,170 100,376 16,960,444
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Andrew Charles SWIFT 30 Apr 2009 29 Mar 2024 8 - 7
Resigned Mark Stephen JACOBS 30 Jan 2004 30 Apr 2009 Chartered Accountant British, 20 - 26
Resigned Matthew Leslie JOHNSTON 01 Oct 2003 13 Feb 2004 0 - 2
Resigned Ronald WILSON 20 Jul 2000 01 Oct 2003 2 - 4
Resigned Brian REID 27 Jun 2000 27 Jun 2000 0 - 171

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Jeremy Peter SAUNDERS 30 Apr 2023 Ceo British 11 - 20 (0.0%)
Active Shaun DONAGHEY 30 Apr 2023 Managing Director British 2 - 00 (0.0%)
Resigned Charles Henry BEDDOWS 03 Nov 2015 30 Apr 2023 Company Director British 1 - 62 (28.6%)
Resigned Michael BISHOP 03 Nov 2015 31 Oct 2022 General Manager British 0 - 20 (0.0%)
Active Andrew Charles SWIFT 30 Apr 2009 Accountant British 8 - 76 (40.0%)
Active John Raymond ALLDEN 30 Apr 2009 General Manager British 4 - 43 (37.5%)
Resigned Craig Michael THOMPSON 27 Feb 2006 31 Oct 2010 Company Director English 2 - 1511 (64.7%)
Resigned Mark Stephen JACOBS 30 Jan 2004 30 Apr 2009 Finance Director British, 20 - 2618 (39.1%)
Resigned Alan JACKSON 30 Jan 2004 26 Sep 2014 General Manager British 0 - 137 (53.8%)
Resigned Terence Brian YALLOP 30 Jan 2004 30 Apr 2009 General Manager British 0 - 137 (53.8%)
Resigned Matthew Leslie JOHNSTON 01 Oct 2003 13 Feb 2004 Director British 0 - 20 (0.0%)
Resigned Keith Eric PATTERSON 02 Oct 2002 14 Jul 2016 Director British 4 - 96 (46.2%)
Resigned Leslie Matthew JOHNSTON 15 Mar 2002 29 Nov 2002 Director British 0 - 137 (53.8%)
Resigned Paul MCGUIGAN 28 Sep 2001 13 Jan 2005 Chartered Accountant British 0 - 30 (0.0%)
Resigned Ronald WILSON 20 Jul 2000 01 Oct 2003 Director British 2 - 41 (16.7%)
Resigned William GUY 20 Jul 2000 13 Feb 2004 Director British 0 - 30 (0.0%)
Resigned STEPHEN MABBOTT LTD. 27 Jun 2000 27 Jun 2000 0 - 72843714 (51.0%)
Number of active directors: 4
Average tenure of active directors: 7.9 years
Average tenure of resigned directors: 5.0 years
Average active director Dissolution Rate: 19.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CEF HOLDINGS LIMITED (00316018) - Active
CITY ELECTRICAL FACTORS LIMITED (00336408) - Active
SALDON PRODUCTS LIMITED (00494829) - Active
OLSON ELECTRONICS LTD (00694134) - Active
THE ELECTRICAL INDUSTRIES CHARITY LIMITED (02726030) - Active
OLSON ELECTRONICS HOLDINGS LIMITED (03878538) - Active
MATRIX-DIRECT-RECYCLE LIMITED (04830624) - Dissolved
MATRIX-DIRECT-RECYCLE (FRANCHISING) LIMITED (05163767) - Dissolved
SEGEN LIMITED (05309114) - Active
EASYWEEE LIMITED (05815121) - Dissolved
WERCS LIMITED (05876856) - Active
ELECTRICAL WASTE LIMITED (06506547) - Active
THE ELECTRICAL INDUSTRIES TRADING COMPANY LIMITED (09237982) - Active
LANCASTER HOLDINGS LIMITED (11089637) - Active
BRENCHAM (1988) LIMITED (11089708) - Active
THE SEGEN GROUP LIMITED (12905203) - Active
JSHL PROPERTY LTD (13167447) - Active
ELECTRICAL WASTE RECYCLING GROUP LIMITED (SC208558) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-06-202019-06-202018-06-202017-06-202016-06-20
TAMCO HOLDINGS LTDORDINARY100,000
100%
33,831,053
100%
0
0%
0
0%
0
0%
SALDON LTDORDINARY0
0%
0
0%
33,831,053
100%
181,053
100%
163,852
90.5%
K PATTERSONORDINARY0
0%
0
0%
0
0%
0
0%
17,200
9.50%
CEF HOLDINGS LIMITEDORDINARY0
0%
0
0%
0
0%
0
0%
1
0.001%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ELECTRICAL WASTE RECYCLING GROUP LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


Date Title Reference Subject
2017-02-15 Mr K Patterson v Electrical Waste Recycling Group Ltd [2017] UKET 2501107/2016 Unfair Dismissal

PATENTS


Title Date filed Status Publication number
Mercury vapour removal from a recycling plant 2012-11-13 Terminated GB2507817

COMPETITORS

(Based on Sic code: 38220 Treatment and disposal of hazardous waste)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
DOUNREAY SITE RESTORATION LIMITED BUILDING D2003, DOUNREAY, THURSO, CAITHNESS, KW14 7TZ SC307493 2018-03-31 220,588,000 12,331,000 39000-Remediation activities and other waste management services
43110-Demolition
ERITH CONTRACTORS LIMITED ERITH HOUSE, 7 QUEEN STREET, ERITH, KENT, DA8 1RP 01102060 2018-09-30 133,454,263 2,920,148 39000-Remediation activities and other waste management services
43110-Demolition
43120-Site preparation
LAR LIMITED UNIT 5 CROSSLEY PARK INDUSTRIAL ESTATE, CROSSLEY ROAD, STOCKPORT, CHESHIRE, SK4 5BF 03332515 2017-12-31 11,051,889 0
MSS ENVIRONMENTAL LTD SPRING LODGE 172 CHESTER ROAD, HELSBY, CHESHIRE, ENGLAND, WA6 0AR 05554682 2018-03-31 4,707,005 0
RADIANT R* LIMITED ABBEYCOMBE, 13 PICCADILLY, LANCASTER, LA1 4PX 07337707 2018-08-31 502,194 0
EVERYTHING ASBESTOS ENVIRONMENTAL CO. LTD UNIT 9 CREEKMOUTH IND ESTATE, 57 RIVER ROAD, BARKING, ESSEX, IG11 0DA 08333538 2017-12-31 449,423 0

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
ELECTRICAL WASTE RECYCLING GROUP LIMITED 1.0% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 1.8% 3.8% 7.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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