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Changing Waste Ltd

10470933

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CONTROL TOWER HEMSWELL CLIFF INDUSTRIAL ESTATE, GAINSBOROUGH, DN21 5TU
Incorporated 09/11/2016

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/08/2025

Due 08/09/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr Ralph Buchanan Maddan

director · Since 06/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 7 other boards

Mr Christer Eric Stoyell

director · Since 12/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 13 other boards

Mr Andrew James Simm

director · Since 24/07/2026

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Gvo B-1 Limited

75–100% shares
75–100% votes

Control Tower, Hemswell Cliff Industrial Estate, Gainsborough, DN21 5TU

Notified 05/07/2017

Former PSCs

Mr Neil Francis Hunter

Ceased 05/07/2017

Mr Allen Williamson

Ceased 24/11/2022

CompanyRankvs 2577+ SIC 38110 peers
46

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity10/15 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£730k

Balance sheet strength

Cash

£206k

Cash in the bank

Net Current Assets

-£3.3M

Working capital

Current Assets

£6.1M

Current Liabilities

£9.3M

Fixed Assets

£3.4M

Debtors

£5.8M

39avg. employees-7

People Costs(2024)

Wages & salaries£2.1M
NI contributions£237k

Balance Sheet

Assets less current liabilities£136k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£331k
20240.47-£272k
20231.25

Derived from filed accounts. Not audited figures.