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Swm & Waste Recycling Limited

04364685

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SWM & WASTE RECYCLING LTD GRATTON WAY, BARNSTAPLE, EX31 3NL
Incorporated 01/02/2002

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

38110
Collection of non-hazardous waste
38210
Treatment and disposal of non-hazardous waste
38320
Recovery of sorted materials

Officers

Mr Shawn Richard Akers

director · Since 04/02/2002

USED METAL DEALER

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Raymond James Penfold

director · Since 04/02/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 6 other boards

Mr Martin Edward Mogford

director · Since 02/12/2013

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 63

Carol Flossie Penfold

secretary · Since 07/04/2022

Mr Philip Anthony Akers

director · Since 01/04/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Mrs Kathryn Akers

secretary · Since 01/04/2024

Mr Raymond Thomas Penfold

director · Since 01/03/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Persons with Significant Control

P & A (Swm) Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Swm & Waste Recycling Ltd, Gratton Way, Barnstaple, EX31 3NL

Reg: 15661667 · Companies House · Limited

Notified 30/05/2024

Former PSCs

Mr Shawn Richard Akers

Ceased 30/05/2024

Mr Raymond Penfold

Ceased 10/03/2017

Mr Raymond James Penfold

Ceased 30/05/2024

Charges2 outstanding

Charge
outstanding

LOMBARD NORTH CENTRAL PLC

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charge
satisfied

LLOYDS TSB BANK PLC

Created 12/07/2011Registered 15/07/2011Satisfied 04/11/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/07/2011Registered 15/07/2011Satisfied 04/11/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/07/2011Registered 15/07/2011Satisfied 04/11/2019
charge
outstanding

LLOYDS TSB BANK PLC

Created 29/06/2011Registered 30/06/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2008Registered 07/08/2008Satisfied 03/03/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/03/2007Registered 03/03/2007Satisfied 03/03/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/01/2003Registered 29/01/2003Satisfied 03/03/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/03/2002Registered 27/03/2002Satisfied 03/03/2012

CompanyRankvs 581+ SIC 38110 peers
52

Financial strength98th percentile among SIC peers · 25/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees5/15 pts

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

Liquidity12/20 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

Key FinancialsYear ending 31/03/2025

Net Worth

£4.5M

Balance sheet strength

Cash

£991k

Cash in the bank

Profit Before Tax

£479k

Bottom line earnings

Net Current Assets

£974k

Working capital

Current Assets

£4.3M

Current Liabilities

£3.3M

Fixed Assets

£4.5M

Debtors

£3.2M

Cost of Sales

£13.1M

Admin Expenses

£3.8M

Profit After Tax

£359k

1avg. employees-77

Tax at Year End

Corp tax£238k
Dividends paid£200k

People Costs

Wages & salaries£2.0M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£313k
Assets less current liabilities£5.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£1.7M
20191.46

Derived from filed accounts. Not audited figures.