Company Identification
Details
|
Subject Reported on
|
EUROPEAN METAL RECYCLING LIMITED
|
|
Registration Number
|
02954623
|
|
VAT Number
|
GB892216219
|
|
Address
|
SIRIUS HOUSE, DELTA
CRESCENT, WARRINGTON,
LANCASHIRE, WA5 7NS.
|
|
Telephone
|
01925 715 400
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|
Facsimile
|
01925 713 470
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Web Address
|
www.emrltd.com
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Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
02954623
|
|
VAT Number
|
GB892216219
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
02/08/1994
|
|
Registered Office
|
SIRIUS HOUSE, DELTA
CRESCENT WESTBROOK, WARRINGTON,
LANCASHIRE, WA5 7NS.
|
|
History
|
28/09/2001 : The Registered Office address changed from CLARENDON
HOUSE, LIVERPOOL STREET,
SALFORD, M.
|
|
|
3/07/1999 : The Registered Office address changed from EMR HOUSE, LIVERPOOL STREET,
SALFORD, M5 4E.
|
|
|
13/05/1999 : The Registered Office address changed from ALEXANDRA BUILDING, ALEXANDRA DOCK NO 1, BOOT.
|
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21/12/1994 : Change of name from NOBLEDRIFT LIMITED.
|
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28/09/1994 : The Registered Office address changed from 84 TEMPLE CHAMBERS, TEMPLE AVENUE, LONDON,
EC.
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|
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3/08/1994 : Change of name from NOBLECRIFT LIMITED.
|
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Date of Last Annual Return to Registry
|
18/02/2012
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2011
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
A group engaged in reclamation, processing, brokerage and trading in
metals, haulage, shipbroking and chartering and the holding of commercial
investment properties.
|
|
Nace Code
|
3720
|
|
Premises
|
Owned,Offices,Warehouse,Factory
|
|
Staff Employed
|
2,448
|
|
Trade Names
|
EMR
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
ALL OVER THE WORLD
|
|
Bankers
|
BARCLAYS BANK PLC
|
|
Address
|
SWINDON
REGENT STREET.
|
|
Sort Code
|
208458
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|
Auditors
|
KPMG LLP
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Branches
|
SUBJ. HAS APPROX 40 UK
BRANCHES.
|
|
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WEST EGERTON
STREET, SALFORD, MANCHESTER.
|
|
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BRIDGE HOUSE, GIPSY
LANE, SWINDON, WILTSHIRE, SN2 8DZ.
|
|
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MANOR RD, ERITH, KENT,
DA8 2AD.
|
|
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111 FORDHAM
RD, SNAILWELL NEWMARKET,
SUFFOLK, CB8 7ND.
|
|
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HILL WORKS, DOWNING ST,
SMETHWICK, WEST MIDLANDS, B66 2PG.
|
|
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HARVEY REEVES RD, NORTHAMPTON,
NORTHAMPTONSHIRE, NN5 5JR.
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BRIGHTON RD,
SHOREHAM-BY-SEA, WEST SUSSEX, BN43 6RN.
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TRINITY RD, KINGSBURY TAMWORTH, STAFFORDSHIRE, B78 2LB.
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PARKHALL WORKS, PARKHALL
RD, STOKE-ON-TRENT, STAFFORDSHIRE, ST3 5AX.
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|
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UNCOUTH RD, ROCHDALE, LANCASHIRE,
OL16 3DD.
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|
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274 STONEY STANTON RD,
COVENTRY, WEST
MIDLANDS, CV6 5DJ.
|
|
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106 SCRUBS LA, LONDON,
NW10 6QY.
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|
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IRWELL PK WAY, ECCLES MANCHESTER, LANCASHIRE,
M30 0SA.
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|
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BYARD RD, GLOUCESTER, GLOUCESTERSHIRE, GL2 5DF.
|
|
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ALEXANDRA BUILDING, ALEXANDRA DOCK 1, BOOTLE, MERSEYSIDE, L20
1BX.
|
|
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THE DOCKS, SHARPNESS BERKELEY, GLOUCESTERSHIRE, GL13 9UX.
|
|
|
739 SOUTH ST, GLASGOW, LANARKSHIRE,
G14 0BX.
|
|
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11 PATERSON
ST, DUNDEE, ANGUS,
DD3 6QR.
|
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Subsidiaries
|
ALEXANDER KERR & CO. LIMITED
|
|
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ALLEN ROWLAND & COMPANY LIMITED
|
|
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ANGLO IRISH CONTAINER LINE LIMITED
|
|
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BOREHAM RECLAMATIONS LIMITED
|
|
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BULK HANDLING SERVICES (TILBURY) LIMITED
|
|
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C D JORDAN & SON (TRANSPORT) LIMITED
|
|
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C.D. JORDAN & SON LIMITED
|
|
|
CARDENE LIMITED
|
|
|
CLEVELAND METALS LIMITED
|
|
|
COOPER BARNES METALS LIMITED
|
|
|
COOPERS (METALS) LIMITED
|
|
|
COOPERS HOLDINGS LIMITED
|
|
|
COOPERS METALS (HOLDINGS) LIMITED
|
|
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COOPERS NON FERROUS LIMITED
|
|
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E.BARNES & CO.,LIMITED
|
|
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ELVIS UK LTD
|
|
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EMR EXPORTS LIMITED
|
|
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EMR MIDLAND SHREDDERS LIMITED
|
|
|
EMR SHIPPING LIMITED
|
|
|
EMR 2003
|
|
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EUROPEAN METAL RECYCLING (DORMANT) LIMITED
|
|
|
EUROPEAN METAL RECYCLING (INTERNATIONAL) LIMITED
|
|
|
EUROPEAN METAL RECYCLING (USA) LIMITED
|
|
|
EVER 1052 LIMITED
|
|
|
EVER 1193 LIMITED
|
|
|
F ASPINALL (PORTSMOUTH)
LIMITED
|
|
|
FASTBULK LIMITED
|
|
|
FASTBULK LIMITED
|
|
|
FINDSUITE LIMITED
|
|
|
FIXCROFT LIMITED
|
|
|
HARTLEPOOL STEELS LIMITED
|
|
|
HENDERSON KERR (SCRAP
PROCESSORS) LIMITED
|
|
|
HENDERSON KERR LIMITED
|
|
|
INTERNATIONAL METAL RECYCLING UK LIMITED
|
|
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ISLAND RECYCLING LIMITED
|
|
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J.T. BROADHURST & SONS LIMITED
|
|
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JACKSON DUNN LIMITED
|
|
|
JOHN YOUNG (SUNDERLAND) LIMITED
|
|
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JORDANS (NEWHAVEN) LIMITED
|
|
|
LLOYDS METAL PROCESSORS LIMITED
|
|
|
MAYER ENVIRONMENTAL LTD.
|
|
|
MAYER PARRY (BRENTFORD) LIMITED
|
|
|
MAYER PARRY (EAST
ANGLIA) LIMITED
|
|
|
MAYER PARRY (LEEMAN) LIMITED
|
|
|
MAYER PARRY (ROTHERHAM) LIMITED
|
|
|
MAYER PARRY PROPERTY SERVICES LIMITED
|
|
|
MAYER PARRY RECYCLING (HOLDINGS) LIMITED
|
|
|
MAYER PARRY RECYCLING LIMITED
|
|
|
MEON VALLEY METALS LIMITED
|
|
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MIDLAND SHREDDERS LIMITED
|
|
|
MOSSDALE METALS (DURHAM
CITY) LIMITED
|
|
|
MOUNTSTAR METAL CORPORATION LIMITED
|
|
|
NORTON BARROW (HOLDINGS) LIMITED
|
|
|
NORTON BARROW (METALS) LIMITED
|
|
|
PARRY (WILLESDEN) LTD.
|
|
|
PAVILION TRANSPORT (WHITWORTH) LIMITED
|
|
|
ROBINSON BROS. (NON-FERROUS) LIMITED
|
|
|
ROBINSON GROUP LTD
|
|
|
ROBINSON SHIPPING SERVICES LIMITED
|
|
|
SCRAP PROCESSING (PORTSMOUTH)
LIMITED
|
|
|
SHEPPARD GROUP LIMITED
|
|
|
SHEPPARDS WASTE RECOVERY SERVICES (ROCHDALE)
LIMITED
|
|
|
SMITH AND COMPANY (BEDFORD) LIMITED
|
|
|
SMITH AND COMPANY (HOLDINGS) LIMITED
|
|
|
T LETHBRIDGE LIMITED
|
|
|
T.HOLLOWAY & SONS(METALS)LIMITED
|
|
|
UNITED FERROUS SUPPLIES LIMITED
|
|
|
WINCHESTER RECYCLING
LIMITED
|
|
|
WISBECH METAL AND PAPER LIMITED
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
23
|
41
|
77
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
25/10/2012
|
Miscellaneous
|
|
24/10/2012
|
Miscellaneous
|
|
16/10/2012
|
Miscellaneous
|
|
15/10/2012
|
Miscellaneous
|
|
11/10/2012
|
Miscellaneous
|
|
08/10/2012
|
Miscellaneous
|
|
08/10/2012
|
Miscellaneous
|
|
27/09/2012
|
Miscellaneous
|
|
25/09/2012
|
Miscellaneous
|
|
25/09/2012
|
Miscellaneous
|
|
11/09/2012
|
Miscellaneous
|
|
11/09/2012
|
Miscellaneous
|
|
11/09/2012
|
Miscellaneous
|
|
05/09/2012
|
Miscellaneous
|
|
29/08/2012
|
Miscellaneous
|
|
28/08/2012
|
Miscellaneous
|
|
23/08/2012
|
Miscellaneous
|
|
17/08/2012
|
Miscellaneous
|
|
09/08/2012
|
Miscellaneous
|
|
06/08/2012
|
Miscellaneous
|
|
06/08/2012
|
Miscellaneous
|
|
03/08/2012
|
Miscellaneous
|
|
02/08/2012
|
Miscellaneous
|
|
19/07/2012
|
Miscellaneous
|
|
17/07/2012
|
Miscellaneous
|
|
13/07/2012
|
Miscellaneous
|
|
13/07/2012
|
Miscellaneous
|
|
10/07/2012
|
Miscellaneous
|
|
06/07/2012
|
Miscellaneous
|
|
04/07/2012
|
Miscellaneous
|
|
14/06/2012
|
Miscellaneous
|
|
30/05/2012
|
Miscellaneous
|
|
25/05/2012
|
Miscellaneous
|
|
11/05/2012
|
Miscellaneous
|
|
09/05/2012
|
Miscellaneous
|
|
08/05/2012
|
Miscellaneous
|
|
08/05/2012
|
Miscellaneous
|
|
03/05/2012
|
Miscellaneous
|
|
02/05/2012
|
Miscellaneous
|
|
27/04/2012
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
Period
|
Last 72 Months
|
Last 36 Months
|
Last 18 Months
|
|
Amount Summary
|
1,373
|
613
|
613
|
|
Count Summary
|
2
|
1
|
1
|
|
Details of the most recent CCJ's/Scottish Decrees
|
|
Date
|
Amount
|
Type
|
Case No
|
Satisfied
|
Court
|
|
14/07/2011
|
613
|
Judgment
|
1RA00381
|
21/09/2011
|
BURNLEY
|
|
08/12/2008
|
760
|
Judgment
|
8XH83773
|
19/03/2009
|
NORTHAMPTON CCBC
|
Summary of Mortgages, Charges and
Satisfactions
|
Total Number of Mortgages/Charges Registered
|
20
|
|
Number Outstanding
|
3
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
17
|
|
|
|
|
Date of Latest Mortgage Created
|
08/08/2012
|
|
Date of Latest Satisfaction
|
10/11/2010
|
Details of most recent Mortgages, Charges
and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
24/08/2012
|
08/08/2012
|
Standard Security Executed On 3 July 2012
|
MG01
|
Hsbc Corporate Trustee Company (Uk) Limited (As Security Tru
|
|
|
26/06/2012
|
18/06/2012
|
Supplemental Debenture
|
MG01
|
Hsbc Corporate Trustee Company (Uk) Limited
|
|
|
10/11/2010
|
05/11/2010
|
Debenture
|
MG01
|
Hsbc Corporate Trustee Company (Uk) Limited (The "Security
A
|
|
10/11/2010
|
13/03/2010
|
11/03/2010
|
Supplemental Legal Charge
|
MG01
|
Hsbc Bank Plc (The Security Agent)
|
|
10/11/2010
|
12/03/2010
|
09/03/2010
|
Supplemental Legal Charge
|
MG01
|
Hsbc Bank Plc (The Security Agent)
|
|
10/11/2010
|
20/05/2009
|
08/05/2009
|
Supplemental Legal Charge
|
395
|
Hsbc Bank Plc (Security Agent)
|
|
10/11/2010
|
20/01/2009
|
14/01/2009
|
Group Debenture
|
395
|
Hsbc Bank Plc ("Security Agent")
|
|
07/03/2009
|
17/04/2007
|
02/04/2007
|
Fixed And Floating Security Document
|
395
|
Hsbc Bank Plc As Security Trustee For The Benefit Of The Fin
|
|
07/03/2009
|
09/03/2006
|
03/03/2006
|
Fixed And Floating Security Document
|
395
|
Hsbc Bank Plc As Security Trustee For The Benefit Of The Fin
|
|
07/03/2009
|
09/05/2005
|
04/05/2005
|
Fixed And Floating Security Document
|
395
|
Hsbc Bank Plc As Security Trustee For The Benefit Of The Fin
|
|
It should be noted that there is no legal requirement to file satisfaction
details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
Date
|
Source
|
Description
|
|
27/09/2012
|
Companies House Gazette
|
All documents required to be delivered to the registrar under section
441 (annual accounts and reports)
|
|
12/01/2012
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution or
agreement required to be embodied in or annexed to copies of the company's
articles issued by
|
|
27/08/2011
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
15/07/2011
|
Companies House Gazette
|
Any amendment to company's articles (including every resolution or
agreement required to be embodied in or annexed to copies of the company's
articles issued by
|
|
26/11/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
30/11/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
28/08/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
02/06/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
23/05/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
09/05/2000
|
Companies House Gazette
|
Change among directors of a company
|
|
26/04/2000
|
Companies House Gazette
|
Resolutions or agreements to which section 380 applies (relating to
shares rights or names)
|
|
26/04/2000
|
Companies House Gazette
|
Resolutions which give vary
|
|
26/04/2000
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
23/02/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
01/07/1998
|
Companies House Gazette
|
Change among directors of a company
|
|
11/02/1998
|
Companies House Gazette
|
Change among directors of a company
|
|
26/08/1995
|
Companies House Gazette
|
Change among directors of a company
|
|
15/12/1994
|
Companies House Gazette
|
Change among directors of a company
|
|
15/12/1994
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
15/12/1994
|
Companies House Gazette
|
Resolutions which give vary
|
Company Secretary
|
Secretary
|
CHRISTOPHER JOHN TINSLEY
|
|
Service Address
|
SIRIUS HOUSE, DELTA
CRESCENT WESTBROOK, WARRINGTON,
CHESHIRE, WA5 7NS.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Appointment Date
|
20/05/2010
|
Directors
|
Director
|
MR ROBIN SHEPPARD
|
|
Service Address
|
SIRIUS HOUSE DELTA CRESCENT, WESTBROOK, WARRINGTON, CHESHIRE, WA5
7NS.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
04/08/1954
|
|
Appointment Date
|
26/09/1994
|
|
Other Directorships
|
SHEPPARD GROUP LIMITED, SHEPPARDS WASTE RECOVERY SERVICES
(ROCHDALE) LIMITED, JACKSON DUNN LIMITED, EMR 2003
|
|
Director
|
COLIN DAVID ILES
|
|
Service Address
|
SIRIUS HOUSE DELTA CRESCENT, WESTBROOK, WARRINGTON, CHESHIRE, WA5
7NS.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
04/09/1944
|
|
Appointment Date
|
29/11/1994
|
|
Other Directorships
|
MOUNTSTAR METAL CORPORATION LIMITED, C.D. JORDAN & SON
LIMITED, MAYER ENVIRONMENTAL LTD., EMR 2003, EUROPEAN METAL
RECYCLING (INTERNATIONAL) LIMITED, EUROPEAN METAL RECYCLING (USA)
LIMITED, EUROPEAN METAL RECYCLING (DORMANT) LIMITED
|
|
Director
|
EDWARD SCOTT PYSDEN
|
|
Service Address
|
EVERSHEDS LLP EVERSHEDS HOUSE, 70-76 GREAT BRIDGEWATER STREET,
MANCHESTER, M1 5ES.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
06/05/1948
|
|
Appointment Date
|
27/10/2010
|
|
Other Directorships
|
ALTERNATIVE FUTURES GROUP LIMITED, CWTB
|
|
Director
|
CHRISTOPHER PHILLIP SHEPPARD
|
|
Service Address
|
SIRIUS HOUSE DELTA CRESCENT, WESTBROOK, WARRINGTON, CHESHIRE, WA5
7NS.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
07/07/1974
|
|
Appointment Date
|
20/11/2007
|
|
Other Directorships
|
HENDERSON KERR LIMITED, HENDERSON KERR (SCRAP PROCESSORS) LIMITED, COOPER
BARNES METALS LIMITED, MAYER PARRY (EAST ANGLIA) LIMITED, SMITH
AND COMPANY (HOLDINGS) LIMITED, J.T. BROADHURST & SONS
LIMITED, COOPERS METALS (HOLDINGS) LIMITED, MEON VALLEY METALS
LIMITED, CLEVELAND METALS LIMITED, ROBINSON GROUP LTD, E.BARNES
& CO.,LIMITED, T.HOLLOWAY &
SONS(METALS)LIMITED, MOUNTSTAR METAL CORPORATION LIMITED, SCRAP
PROCESSING (PORTSMOUTH) LIMITED, EMR MIDLAND SHREDDERS
LIMITED, C.D. JORDAN & SON LIMITED, T LETHBRIDGE LIMITED, MAYER
PARRY RECYCLING (HOLDINGS) LIMITED, SHEPPARD GROUP LIMITED, SMITH
AND COMPANY (BEDFORD) LIMITED, SHEPPARDS WASTE RECOVERY SERVICES
(ROCHDALE) LIMITED, JORDANS (NEWHAVEN) LIMITED, COOPERS HOLDINGS
LIMITED, EMR SHIPPING LIMITED, JACKSON DUNN
LIMITED, MOSSDALE METALS (DURHAM CITY) LIMITED, ROBINSON SHIPPING
SERVICES LIMITED, MAYER PARRY RECYCLING LIMITED, ISLAND RECYCLING
LIMITED, MAYER ENVIRONMENTAL LTD., plus others.
|
Share Capital
|
Shares
|
Ordinary A GBP 0.01
|
|
Issued Number
|
10,000,000
|
|
Shares
|
Cumulative Preference GBP 1.00
|
|
Issued Number
|
350,000
|
|
Shares
|
Ordinary B GBP 0.01
|
|
Issued Number
|
121,117
|
|
Principal Shareholder
|
1,298,800 Trevor Sheppard
|
|
|
1,298,800 Robin Sheppard
|
|
|
1,298,800 Clive Sheppard
|
|
|
1,298,800 Phillip Sheppard Settled Legacy Trust
|
|
|
1,000,000 Phillip Sheppard Children's Settlement Trust
|
|
|
1,000,000 Trevor Sheppard Children's Settlement Trust
|
|
|
1,000,000 Robin Sheppard Children's Settlement Trust
|
|
|
1,000,000 Clive Sheppard Children's Settlement Trust
|
|
|
402,400 Robert Sheppard
|
|
|
201,200 Children Of P.R. (Phillip) Sheppard Trust
|
|
|
201,200 Children Of T.J. (Trevor) Sheppard Trust
|
|
|
87,500 Children Of P.R. (Phillip) Sheppard Trust
|
|
|
87,500 Children Of T.J. (Trevor) Sheppard Trust
|
|
|
87,500 Children Of R. (Robin) Sheppard Trust
|
|
|
87,500 Children Of C. (Clive) Sheppard Trust
|
|
The above reflects the principle shareholder(s) by number of shares held,
irrespective of share classification type.
|
Financial Data– Statutory Accounts
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2011
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
3032254
|
2431157
|
1843056
|
3099096
|
|
Cost of goods sold
|
2605411
|
1987714
|
1496362
|
2740180
|
|
GROSS PROFIT
|
426843
|
443443
|
346694
|
358916
|
|
Wages and Salaries
|
89388
|
85265
|
79894
|
122218
|
|
Directors Emoluments
|
3713
|
5956
|
12590
|
19539
|
|
Auditors Fees
|
400
|
335
|
321
|
314
|
|
Non-Audit Fees
|
75
|
4
|
4
|
45
|
|
Trading Profit
|
164954
|
198094
|
135778
|
110520
|
|
Depreciation
|
35217
|
33548
|
39476
|
36629
|
|
OPERATING PROFIT
|
129737
|
164546
|
96302
|
73891
|
|
Non Trading Income
|
4821
|
5560
|
5356
|
4204
|
|
Interest Payable
|
18600
|
15005
|
10563
|
14651
|
|
PRE TAX PROFIT
|
115958
|
155101
|
91095
|
63444
|
|
Taxation
|
33907
|
53687
|
32745
|
34902
|
|
PROFIT AFTER TAX
|
82051
|
101414
|
58350
|
28542
|
|
RETAINED PROFITS
|
81656
|
101414
|
58350
|
28542
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2011
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
518415
|
482641
|
479999
|
484382
|
|
Tangible Assets
|
357112
|
324432
|
317268
|
263422
|
|
Fixed Assets
|
255197
|
210833
|
205554
|
246062
|
|
Intermediate assets
|
101915
|
113599
|
111714
|
17360
|
|
Intangible Assets
|
161303
|
158209
|
162731
|
220960
|
|
TOTAL CURRENT ASSETS
|
1027174
|
717363
|
557496
|
477837
|
|
Trade debtors
|
285379
|
245604
|
221869
|
100073
|
|
Stocks
|
474907
|
304020
|
250125
|
298778
|
|
Other Current Assets
|
266888
|
167739
|
85502
|
78986
|
|
Misc Current Assets
|
105334
|
63068
|
41105
|
48311
|
|
Due From Group
|
125585
|
53262
|
32376
|
208
|
|
Cash
|
35969
|
51409
|
12021
|
30467
|
|
TOTAL ASSETS
|
1545589
|
1200004
|
1037495
|
962219
|
|
TOTAL CURRENT LIABILITIES
|
612875
|
346219
|
390126
|
347295
|
|
Trade creditors
|
228969
|
220595
|
167581
|
127636
|
|
Short Term Loans
|
291715
|
29659
|
104272
|
105213
|
|
Bank Overdraft
|
260310
|
7987
|
36562
|
32154
|
|
Other Finance
|
30045
|
6856
|
61853
|
73059
|
|
Due To Group
|
1360
|
14816
|
5857
|
|
|
Other Liabilities
|
92191
|
95965
|
118273
|
114446
|
|
WORKING CAPITAL
|
414299
|
371144
|
167370
|
130542
|
|
TOTAL LONG TERM LIABS
|
260350
|
259444
|
147707
|
156970
|
|
Long Term Loans
|
182411
|
199202
|
96075
|
110851
|
|
Other Finance
|
182411
|
199202
|
96075
|
110851
|
|
Other Liabilities
|
77939
|
60242
|
51632
|
46119
|
|
NET ASSETS/(LIABILITIES)
|
672364
|
594341
|
499662
|
457954
|
|
SHARE CAPITAL + RESERVES
|
672364
|
594341
|
499662
|
457954
|
|
Share Cap + Sundry Res
|
8127
|
8127
|
8127
|
8127
|
|
Issued Share Capital
|
101
|
101
|
101
|
103
|
|
Sundry Reserves
|
8026
|
8026
|
8026
|
8024
|
|
Revaluation Reserves
|
4128
|
4128
|
4128
|
4128
|
|
Profit and Loss account
|
660109
|
582086
|
487407
|
445699
|
|
SHAREHOLDERS FUNDS
|
672364
|
594341
|
499662
|
457954
|
|
CAPITAL EMPLOYED
|
932714
|
853785
|
647369
|
614924
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2011
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Net Cashflow from Oper.
|
(95047)
|
130723
|
101787
|
239794
|
|
Increase in Cash
|
(264939)
|
66554
|
(24916)
|
5896
|
|
Directors Remuneration
|
3713
|
5956
|
12590
|
19539
|
|
Auditors Remuneration
|
400
|
335
|
321
|
314
|
|
Liquid Assets
|
321348
|
297013
|
233890
|
130540
|
|
Net Working Capital
|
414299
|
371144
|
167370
|
130542
|
|
Long Term Debt(>12 Months)
|
182411
|
199202
|
96075
|
110851
|
|
Other Deferred Liabs
|
77939
|
60242
|
51632
|
46119
|
|
Tangible Net Worth(T.N.W)
|
511061
|
436132
|
336931
|
236994
|
|
Equity
|
672364
|
594341
|
499662
|
457954
|
|
Number of Years Trading
|
17
|
16
|
15
|
14
|
|
Number of Employees
|
2448
|
2226
|
2136
|
2608
|
|
Profit per Employee
|
47368.5
|
69677
|
42647.5
|
24326.7
|
|
Sales per Employee
|
1238665.8
|
1092164
|
862853.9
|
1188303.7
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2011
|
31/12/2010
|
31/12/2009
|
31/12/2008
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Current Ratio
|
1.7
|
2.1
|
1.4
|
1.4
|
|
Long Term Debt/T.N.W
|
0.4
|
0.5
|
0.3
|
0.5
|
|
Pre Tax Profit Margin%
|
3.8
|
6.4
|
4.9
|
2
|
|
Gross Profit%
|
14.1
|
18.2
|
18.8
|
11.6
|
|
Debtors Days (D.S.O)
|
34
|
37
|
44
|
12
|
|
Creditors Days (D.P.O)
|
28
|
33
|
33
|
15
|
|
Quick Ratio
|
0.9
|
1.2
|
0.8
|
0.5
|
|
W.I.P/Inventory Days
|
66.5
|
55.8
|
61
|
39.8
|
|
Return on Investment%
|
11
|
19.3
|
13.5
|
10.8
|
|
Return on Assets%
|
7.5
|
12.9
|
8.8
|
6.6
|
|
T.N.W/Total Assets%
|
33.1
|
36.3
|
32.5
|
24.6
|
|
Return on Capital%
|
12.4
|
18.2
|
14.1
|
10.3
|
|
Rtn on Shareholders Funds%
|
17.2
|
26.1
|
18.2
|
13.9
|
|
Working Capital/Sales%
|
13.7
|
15.3
|
9.1
|
4.2
|
|
Borrowing Ratio%
|
92.8
|
52.5
|
59.5
|
91.2
|
|
Equity Gearing%
|
77
|
98.1
|
92.9
|
90.8
|
|
Stock Turnover
|
6.4
|
8
|
7.4
|
10.4
|
|
Days Purchases Outstanding
|
32.1
|
40.5
|
40.9
|
17
|
|
Sales/Fixed Assets
|
11.9
|
11.5
|
9
|
12.6
|
|
Debt Gearing
|
35.7
|
45.7
|
28.5
|
46.8
|
Key Industry Sector Trends
|
Year
|
2012
|
2011
|
2010
|
2009
|
|
Sample Size
|
206
|
1421
|
1434
|
1326
|
|
Pre-Tax Profit Margin
|
(2.2)
|
2.6
|
(2.1)
|
(3.3)
|
|
Current Ratio
|
1.4
|
1.4
|
1.3
|
1.3
|
|
Borrowing Ratio
|
173.5
|
(10.7)
|
14.3
|
30.6
|
|
Return on Capital
|
3.9
|
27.9
|
33.4
|
29.2
|
|
Creditors Days
|
27
|
71
|
65
|
57
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Recycling of non-metal waste and scrap
|
Financial Summary
Auditors
Qualification
The Auditors
have expressed a clean opinion (i.e. unqualified with no referrals) on the
accounts for the period ended 31/12/2011.
Turnover
Turnover
increased by 25 % in the period and now totals GBP 3,032,254,000.
Operating Profit
Totalled GBP
129,737,000. In the year prior a Profit of GBP 164,546,000 was achieved.
Pre Tax Profit
The subject's
profit decreased by 25 % over the previous year.
Working Capital
The company's
working capital has improved in the period by 12 %.
Net Worth
Net worth has
increased by 13 % and now stands at GBP 672,364,000.
Fixed Assets
The subject's
fixed assets increased during the year by GBP 35,774,000 to GBP 518,415,000
and are now 33 % of total assets compared with 40 % in the previous year.
Long Term
Liabilities
Long term
liabilities are now 17 % of total liabilities compared with 22 % in the
previous period.
Long Term
Liabilities
Long term
liabilities are 28 % of capital employed, a decrease of 2 % over the previous
period.
|