RECYCLING LIVES COMPLIANCE SERVICES LIMITED
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Cash
£1.2m
+21.3% highest in 3 filed years
Net assets
-£761k
+12.7% highest in 3 filed years
Employees
117
+50% highest in 3 filed years
Profit before tax
£116k
-67.7% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-26 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £19,494,000 | £21,435,000 | +10% | |
| Operating profit | — | £463,000 | £263,000 | -43.2% | |
| Profit before tax | — | £359,000 | £116,000 | -67.7% | |
| Net profit | £2,435,000 | £249,000 | £111,000 | -55.4% | |
| Cash | £476,000 | £1,029,000 | £1,248,000 | +21.3% | |
| Total assets less current liabilities | -£1,082,000 | -£722,000 | -£301,000 | +58.3% | |
| Net assets | -£1,121,000 | -£872,000 | -£761,000 | +12.7% | |
| Equity | -£1,121,000 | -£872,000 | -£761,000 | +12.7% | |
| Average employees | 19 | 78 | 117 | +50% | |
| Wages | — | £3,096,000 | £4,928,000 | +59.2% | |
| 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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-02-26 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | — | 2.4% | 1.2% | |
| Net margin | — | 1.3% | 0.5% | |
| Gearing (liabilities / total assets) | 130.8% | 111.6% | 107.5% | |
| Current ratio | — | 0.83x | 0.86x | |
| Interest cover | — | 4.45x | 1.79x |
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 1 time since incorporation
- RECYCLING LIVES COMPLIANCE SERVICES LIMITED 2017-08-14 → present
- ADVANTAGE WASTE BROKERS LIMITED 2003-04-29 → 2017-08-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Taking all of the above into consideration, the Directors continue to adopt the going concern basis in preparing the Company Financial Statements and do not consider there to be any material uncertainties arising.”
Significant events
- “On 19 February 2024, the Company was acquired by RLS Topco Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GITTINGS, Nicholas James | Director | 2024-07-01 | Oct 1975 | British |
| MURPHY, Adrian Michael | Director | 2024-05-03 | Feb 1968 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCQUAID, Wendy | Secretary | 2003-04-29 | 2010-11-03 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-04-29 | 2003-04-29 |
| ALLEN, David Edward | Director | 2014-07-07 | 2024-11-07 |
| CHAMBERS, Christopher James | Director | 2020-06-18 | 2023-12-22 |
| CROWE, Michael Ian | Director | 2010-11-03 | 2014-02-20 |
| DE BOER, Etsko Loek | Director | 2024-01-14 | 2024-05-03 |
| FINNERTY, Paul | Director | 2016-09-28 | 2019-02-01 |
| FLETCHER, William Thomas | Director | 2016-09-28 | 2020-07-29 |
| HODGSON, Andrew | Director | 2023-10-17 | 2024-01-18 |
| MARSHALL, Gerry | Director | 2020-06-18 | 2023-10-17 |
| MCQUAID, Ian | Director | 2003-04-29 | 2014-07-15 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 2003-04-29 | 2003-04-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rls Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-02 | Active |
| Recycling Lives Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-28 | Ceased 2024-03-02 |
| Mr Steven Terence Jackson | Individual | Significant influence (as firm) | 2016-10-19 | Ceased 2018-09-28 |
Filing timeline
Last 20 of 111 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | AA | accounts | Accounts with accounts type full | |
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-11 | AA | accounts | Accounts with accounts type small | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-26 | AA01 | accounts | Change account reference date company current extended | |
| 2024-11-13 | AA | accounts | Accounts with accounts type small | |
| 2024-11-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-15 | AAMD | accounts | Accounts amended with accounts type small | |
| 2024-06-04 | AA | accounts | Accounts with accounts type small | |
| 2024-05-03 | CH01 | officers | Change person director company with change date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-03 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-02-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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.