S.E.D. SERVICES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -1.8%

  £15,685,436 → £15,406,573

• Cash

  +32.2%

  £1,807,558 → £2,390,389

  highest in 6 filed years

• Net assets

  +11.1%

  £15,360,525 → £17,069,219

  highest in 6 filed years

• Employees

  +12.8%

  86 → 97

  highest in 6 filed years

• Operating profit

  -33.9%

  £3,798,748 → £2,509,355

• Profit before tax

  -29.8%

  £3,348,355 → £2,351,568

  lowest in 3 filed years

• Wages

  +22.3%

  £2,818,314 → £3,445,875

  highest in 3 filed years

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Mitchell Charlesworth (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. S.E.D. SERVICES LIMITED · parent
   1. SED Recycling Limited
   2. SED Composting Limited

Significant events

• “During the year SED has embarked on a major project investing capital to deliver a purpose built Office and Workshop, allowing us to both expand our employment opportunities in the borough and provide a innovative working environment for our people.”
• “It is our intention to invest into our fleet. Our primary focus is to source economically viable, carbon neutral transport solutions to facilitate our customers and the regions organic waste requirements.”
• “To continue to invest in our people - providing further training and support to allow them to grow and develop both their roles and their personal growth within the company.”
• “To continue to expand our locations, allowing us to offer additional outlet options to the region, thus providing further employment opportunities across the Northwest.”
• “SED continues to expand our Product Innovations, continuing to listen to our customers and their current and future requirements.”
• “SED continues to to adopt best available techniques for our waste operations, ensuring that we meet both the requirements of our permit and planning consents, providing an environmentally stable recycling process for all stakeholders.”

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

3

last 24 months

Officers appointed

0

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.