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Total Waste Management Limited

02415498

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

TOTAL WASTE MANAGEMENT LIMITED, BASILDON, SS13 1EB
Incorporated 22/08/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Justin Gary Widdowson

director · Since 01/11/2010

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 5 other boards

Mr Justin Gary Widdowson

secretary · Since 09/02/2015

Also on 5 other boards

Mr Lewis Payne

director · Since 10/10/2024

CHIEF OPERATIONS OFFICER

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Gary Albert Widdowson

Significant control

British · England · Age 68

Total Waste Management Limited, Hovefields Avenue, Basildon, SS13 1EB

Notified 06/04/2016

Mr Justin Gary Widdowson

Significant control

British · United Kingdom · Age 41

Total Waste Management Limited, Hovefields Avenue, Basildon, SS13 1EB

Notified 15/12/2017

Charges1 outstanding

Charge
outstanding

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Charge
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Created 29/06/2020Registered 29/06/2020Satisfied 10/04/2024
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satisfied

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Created 31/01/2014Registered 12/02/2014Satisfied 04/03/2024
charge
satisfied

AIB GROUP (UK) PLC

Created 06/03/2012Registered 07/03/2012Satisfied 21/09/2012
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satisfied

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CompanyRankvs 854+ SIC 38320 peers
40

Financial strength87th percentile among SIC peers · 22/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.64× · 6/20
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 strength22/25 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.

Liquidity6/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£41.5M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£227k

Cash in the bank

Profit Before Tax

£194k

Bottom line earnings

Net Current Assets

-£3.5M

Working capital

Current Assets

£6.1M

Current Liabilities

£9.5M

Fixed Assets

£10.2M

Debtors

£4.3M

Cost of Sales

£31.8M

Gross Profit

£9.7M

Admin Expenses

£5.2M

Operating Profit

£590k

Profit After Tax

£194k

0avg. employees

Tax at Year End(2023)

Corp tax£73k
Dividends paid£190k

People Costs(2022)

Wages & salaries£4.7M
NI contributions£193k

Balance Sheet

Intangible assets£1.5M
Assets less current liabilities£6.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.64+£194k
20240.72-£1.8M
20230.67-£300
20221.07+£70k
20211.21+£1.2M
20201.01+£129k
20191.10

Derived from filed accounts. Not audited figures.