RECRESCO LIMITED

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

• Turnover

  -9.7%

  £69,300,769 → £62,608,059

• Cash

  -86.6%

  £27,281,308 → £3,664,965

• Net assets

  -37.9%

  £43,095,636 → £26,768,957

• Employees

  -17.8%

  107 → 88

• Operating profit

  -81.2%

  £24,031,839 → £4,520,285

• Profit before tax

  -81.7%

  £23,914,664 → £4,372,685

• Wages

  -16%

  £4,171,017 → £3,503,789

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

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.

1. RECRESCO LIMITED 2003-11-18 → present
2. MIDLAND GLASS PROCESSING COMPANY LIMITED 2000-10-03 → 2003-11-18
3. FIVE DOVES LIMITED 2000-09-06 → 2000-10-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in business for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements. The Company meets its day to day working capital requirements by maintaining a positive cash balance. After a period of very strong performance which lead to increased cash reserves, stress tests and risk assessments indicate that the business will generate positive cash forecasts and will be able to operate until 31 July 2026.”

Significant events

• “During the 2024 the shareholders have decided to grant a £20M dividend payment.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.