MERSEYSIDE ENERGY RECOVERY LTD

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

  +13.6%

  £39,987,000 → £45,412,000

• Cash

  +4.1%

  £36,843,000 → £38,348,000

• Net assets

  +22.3%

  -£24,663,000 → -£19,171,000

• Employees

  —

  Not reported

• Operating profit

  +55.1%

  £5,849,000 → £9,074,000

• Profit before tax

  +883.1%

  £296,000 → £2,910,000

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

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. MERSEYSIDE ENERGY RECOVERY LTD 2015-11-09 → present
2. SITA SEMBCORP UK LIMITED 2012-04-30 → 2015-11-09
3. SHUKCO 312A LIMITED 2012-04-17 → 2012-04-30

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company currently has £233,677,000 of total debt (2024: £254,339,000). The Company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that it will be able to operate within the level of its current facilities. Long term loans are in place to finance the Energy from Waste facility and cash flow is sufficient to meet the Company's operational cash commitments. Having taken account of all available information and forecasts for the next 12 months from the date of approval of the financial statements, and having performed the appropriate sensitivity analysis; the directors are of the opinion that it is appropriate to prepare the accounts on a going concern basis.”

Significant events

• “The Company benefitted from increased electricity prices during the first part of the year, which had a positive impact on operating profit. The impact of the higher power prices was reduced due to Wilton EfW plant and turbine having planned shutdowns.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.