SHIELDS ENVIRONMENTAL GROUP LTD
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-03-03 (in 10mo)
Last made up 2026-02-17
Watchouts
None on the register
Cash
£1M
+13% vs 2024
Net assets
£7M
-7% vs 2024
Employees
198
-18.2% vs 2024
Profit before tax
-£384K
+66.4% vs 2024
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £30,949,000 | £26,905,000 | |
| Operating profit | -£966,000 | -£251,000 | |
| Profit before tax | -£1,144,000 | -£384,000 | |
| Net profit | -£1,204,000 | -£429,000 | |
| Cash | £953,000 | £1,077,000 | |
| Total assets less current liabilities | £7,631,000 | £7,085,000 | |
| Net assets | £7,603,000 | £7,071,000 | |
| Equity | £7,603,000 | £7,071,000 | |
| Average employees | 242 | 198 | |
| Wages | £7,558,000 | £6,316,000 | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-13.1%
£30,949,000 £26,905,000
-
Cash
+13%
£953,000 £1,077,000
-
Net assets
-7%
£7,603,000 £7,071,000
-
Employees
-18.2%
242 198
-
Operating profit
+74%
-£966,000 -£251,000
-
Profit before tax
+66.4%
-£1,144,000 -£384,000
-
Wages
-16.4%
£7,558,000 £6,316,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | -3.1% | -0.9% | |
| Net margin | -3.9% | -1.6% | |
| Return on capital employed | -12.7% | -3.5% | |
| Current ratio | 1.81x | 1.81x | |
| Interest cover | -5.43x | -1.89x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 8 times since incorporation
- SHIELDS ENVIRONMENTAL GROUP LTD 2015-08-24 → present
- SHIELDS ENVIRONMENTAL GROUP PLC 2015-08-21 → 2015-08-24
- SHIELDS ENVIRONMENTAL GROUP LIMITED 2015-06-03 → 2015-08-21
- SHIELDS ENVIRONMENTAL GROUP PLC 2005-01-31 → 2015-06-03
- SHIELDS ENVIRONMENTAL GROUP LIMITED 2004-09-14 → 2005-01-31
- SHIELDS ENVIRONMENTAL GROUP PLC 2002-10-16 → 2004-09-14
- SHIELDS GORDON PUBLIC LIMITED COMPANY 1989-08-14 → 2002-10-16
- SHIELDS SPECIAL METALS LIMITED 1980-12-31 → 1989-08-14
- S.G. SHIELDS (GRAYS) LIMITED 1979-06-15 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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.”
Group structure
- SHIELDS ENVIRONMENTAL GROUP LTD · parent
- Netbak Limited 100%
- Shields Environmental BV 100%
- Shields Environmental Holdings Inc 100%
- Shields Environmental Inc
- Shields Environmental Limited 100%
- Shields Environmental SARL 100%
- Shields Environmental Iberia SL 100%
Significant events
- “This has been a transitional year for Shields as we strengthened the foundations of the business and positioned the Group for future growth. During the year we continued to diversify our customer base and build relationships with key partners across multiple regions, reinforcing our position as a trusted circular economy partner to the global telecommunications sector.”
- “Trading and profitability into the 2026 year end have been ahead of budget, supported by several strategic initiatives implemented during the year, including: A comprehensive review of the Group's operations and structure. A site consolidation programme to concentrate activities within key centres of excellence, including the establishment of a larger facility in Orléans to support Continental European operations, the transition of UK operational activities to our centrally located Tamworth site, the expansion of capabilities in Tracy (California) and New Hampshire to support North American demand, and the closure of the Netherlands site with operations successfully integrated into Orléans. Continued diversification of the customer base, with several significant new clients secured during the year. Strengthening of the management team to support the Group's next phase of growth.”
- “After the balance sheet date, on 2 October 2025, the group sold 100% of the share capital of Shields Environmental Iberia SL for proceeds of €40,000. This is considered by management to be a non core business. All retained activities have been transferred to our new super site in France.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHALLIS, David Harry, Nr | Director | 2015-07-01 | Dec 1962 | British |
| LEVITON, Nicholas Stephen | Director | 2025-05-07 | Dec 1969 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CASON, Jacqueline Elaine | Secretary | 1999-10-15 | 2002-02-15 |
| CROCKER, Arthur Rupert | Secretary | 2002-02-15 | 2006-03-03 |
| JONES, Daniel | Secretary | 2006-03-04 | 2024-10-31 |
| SHIELDS, Margaret Patricia | Secretary | 1993-09-15 | 1999-10-15 |
| COMSEC LIMITED | Corporate Secretary | — | 1993-09-15 |
| CHALLIS, David Harry | Director | 2000-08-07 | 2002-07-29 |
| CONSTANTINE, Simon John | Director | 1999-11-01 | 2000-03-06 |
| CROCKER, Arthur Rupert | Director | 2002-01-10 | 2006-03-03 |
| HECTOR, Daniel | Director | 2002-02-01 | 2003-06-26 |
| JONES, Daniel | Director | 2006-03-04 | 2024-10-31 |
| PEIJNENBORGH, Ruben Petrus Jozef | Director | 2009-06-29 | 2014-07-05 |
| PEIJNENBORGH, Ruben Petrus Jozef | Director | 2006-03-04 | 2007-02-19 |
| SHIELDS, Daniel | Director | 2001-01-30 | 2015-06-09 |
| SHIELDS, Gordon Sydney | Director | — | 2015-06-09 |
| SHIELDS, Margaret Patricia | Director | — | 2000-08-07 |
| SHIELDS, Stephen Andrew | Director | — | 2004-11-02 |
| WING, Dominic Augustine | Director | 2001-09-24 | 2004-11-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Combesgate1 Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 194 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-31 | AA | accounts | Accounts with accounts type group | |
| 2026-02-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-03 | AA | accounts | Accounts with accounts type group | |
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-11 | AA | accounts | Accounts with accounts type group | |
| 2024-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-27 | AA | accounts | Accounts with accounts type group | |
| 2023-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-06 | AA | accounts | Accounts with accounts type group | |
| 2022-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-19 | AA | accounts | Accounts with accounts type group | |
| 2020-04-02 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.