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Wheelabrator Technologies (Uk) Limited

02162483

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

WHEELABRATOR HOUSE LTD 22 EDWARD COURT, ALTRINCHAM, WA14 5GL
Incorporated 08/09/1987

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

70100
Activities of head offices

Officers

Mr Ismail Wadee

secretary · Since 01/08/2023

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

Mr Ismail Wadee

director · Since 01/08/2023

GENERAL COUNSEL

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Wgh Uk Limited

75–100% shares

22, Edward Court, Altrincham, WA14 5GL

Reg: 04856167 · Companies House · Private Limited Company

Notified 06/04/2016

Charges5 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 12/03/2026Registered 18/03/2026
Charge
outstanding

DANSKE BANK A/S

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

DANSKE BANK A/S AS SECURITY AGENT

Created 29/06/2023Registered 03/07/2023
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 28/06/2017Satisfied 05/05/2023
Charge
satisfied

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

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

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

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

SWEDBANK AB (PUBL) · NORDEA BANK FINLAND PLC · SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) · NORDEA BANK DANMARK A/S AS AGENT )ON BEHALF OF THE FINANCE PARTIES) AND IN ITS OWN CAPACITY · THERE ARE MORE THAN FOUR PERSONS ENTITLED

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

SWEDBANK AB (PUBL) · SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) · NORDEA BANK DANMARK A/S AS AGENT (AS REPRESENTATIVE FOR FUTURE PLEDGEES) AND IN ITS OWN CAPACIT

Created 28/09/2015Registered 06/10/2015Satisfied 02/06/2017
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

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

HSH NORDBANK AG, COPENHAGEN BRANCH AS SECURITY AGENT FOR THE BENEFIT OF THE SECURED PARTIES

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

BANK OF SCOTLAND (IN ITS CAPACITY AS COLATERAL AGENT FOR ITSELF AND EACH OF THE LENDERS)

Created 30/09/2005Registered 14/10/2005Satisfied 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 77720+ SIC 70100 peers
37

Financial strength99th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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.

Employees2/15 pts

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

Liquidity0/20 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

under the revolving credit portion of the Group's financing agreements. Capital Risk Management The Group's objectives in managing capital are to safeguard the Group's ability to continue as a going concern in order to provide returns for shareholders, benefits for other stakeholders and to maintain an optimal capital structure to reduce its cost of capital. Page 4 WHEELABRATOR TECHNOLOGIES

Key FinancialsYear ending 31/12/2024

Net Worth

£37.4M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£588k

Bottom line earnings

Net Current Assets

£34.9M

Working capital

Current Assets

Current Liabilities

£142k

Debtors

£35.0M

Admin Expenses

£51k

Operating Profit

£2.1M

Profit After Tax

£588k

0avg. employees

Balance Sheet

Assets less current liabilities£55.8M
Prepared with IRIS Accounts Production