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Wheelabrator Group Limited

00033672

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WHEELABRATOR HOUSE 22 EDWARD COURT, ALTRINCHAM, WA14 5GL
Incorporated 26/03/1891

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

28131
Manufacture of pumps

Officers

Mr Ismail Wadee

secretary · Since 23/06/2021

Also on 4 other boards

Mr Ismail Wadee

director · Since 23/06/2021

GENERAL COUNSEL

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Mr Robert Shaw

director · Since 01/08/2023

SENIOR VP FINANCE & GROUP CONTROLLER

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Wheelabrator Technologies Limited

75–100% shares

22, Edward Court, Altrincham, WA14 5GL

Reg: 02162483 · Companies House · Private Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

DANSKE BANK A/S AS SECURITY AGENT

Created 12/03/2026Registered 18/03/2026
Charge
outstanding

DANSKE BANK A/S AS SECURITY AGENT

Created 29/06/2023Registered 03/07/2023
Charge
satisfied

U.S. BANK TRUSTEES LIMITED (THE SECURITY AGENT)

Created 14/06/2017Registered 23/06/2017Satisfied 05/05/2023
Charge
satisfied

NORDEA BANK DANMARK A/S AS SECURITY AGENT

Created 25/09/2015Registered 06/10/2015Satisfied 02/06/2017
charge
satisfied

HSH NORDBANK AG, COPENHAGEN BRANCH AS SECURITY AGENT

Created 03/12/2008Registered 09/12/2008Satisfied 11/03/2015
charge
satisfied

BANK OF SCOTLAND AS COLLATERAL AGENT FOR ITSELF AND THE OTHER LENDERS (THE COLLATERAL AGENT)

Created 12/10/2005Registered 27/10/2005Satisfied 18/09/2008
charge
satisfied

THE BANK OF SCOTLAND (THE COLLATERAL AGENT)

Created 04/10/2005Registered 13/10/2005Satisfied 18/09/2008
charge
satisfied

GMAC COMMERCIAL FINANCE PLC

Created 19/08/2003Registered 29/08/2003Satisfied 03/10/2005

CompanyRankvs 105+ SIC 28131 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

material, the company will enter into forward foreign exchange contracts. Capital risk management The company's objectives in managing capital are to safeguard its ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders. Page 4 WHEELABRATOR GROUP LIMITED (REGISTERED NUMBER: 00033672) REPORT OF THE DIRECTORS FOR THE YEAR END

Key FinancialsYear ending 31/12/2024

Turnover

£17.6M

Annual revenue

Net Worth

£45.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£4.8M

Bottom line earnings

Net Current Assets

£52.5M

Working capital

Current Assets

£62.1M

Current Liabilities

£9.6M

Fixed Assets

£1.0M

Debtors

£60.5M

Cost of Sales

£12.9M

Gross Profit

£4.8M

Admin Expenses

£1.7M

Operating Profit

£1.4M

Profit After Tax

£4.7M

64avg. employees

People Costs

Wages & salaries£3.1M
NI contributions£332k

Balance Sheet

Intangible assets£86k
Assets less current liabilities£53.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20246.48

Derived from filed accounts. Not audited figures.