SHRED STATION 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

  +12.2%

  £22,466,838 → £25,213,101

• Cash

  -54.8%

  £48,873 → £22,100

  lowest in 3 filed years

• Net assets

  +10.4%

  £3,707,470 → £4,091,209

  highest in 3 filed years

• Employees

  +4.6%

  174 → 182

  highest in 3 filed years

• Operating profit

  +383.4%

  £211,911 → £1,024,364

• Profit before tax

  +351.6%

  -£218,428 → £549,638

  first positive since 2023

• Wages

  +7%

  £6,217,146 → £6,654,555

  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

Ensors Accountants LLP

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. At the year end the company has Net current liabilities of £3,309,345 (2023 - Net current liabilities of £2,902,475). Included within current liabilities is the invoice discounting creditor of £2,079,749 (2023 - £1,657,457). The directors are confident this facility will remain available and have the ability to draw down on, for the foreseeable future. Furthermore, the directors consider that the company will generate sufficient cash from operations post year end, to meet its liabilities as they fall due. Having assessed the principal risks and having regard for the above, the directors have concluded that the company is able to continue as a going concern for a period of at least 12 months from the date these financial statements have been approved for issue.”

Significant events

• “During 2024 the business took on more warehouse space on the same industrial estate as its Norwich Headquarters. This additional space became operational in Q4 2024 and has allowed the business to process more efficiently, which will have a further positive impact on margins”
• “Finally, 2024 saw the completion of our third acquisition, with the asset purchase of Paper Waste Confidential as business based in the NW that was absorbed into our Manchester operation. The acquisition was a success with 100% of the revenue remaining and the base growing throughout the year”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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