MCCARTHY MARLAND LIMITED

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

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%

  £18,646,060 → £16,969,740

• Cash

  +172.1%

  £73,084 → £198,841

  highest in 3 filed years

• Net assets

  -173.9%

  -£609,861 → -£1,670,567

  lowest in 3 filed years

• Employees

  -6.8%

  118 → 110

• Operating profit

  -53.7%

  £961,516 → £444,981

• Profit before tax

  -80.9%

  -£499,408 → -£903,189

• Wages

  -3.9%

  £3,826,387 → £3,676,326

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. MCCARTHY MARLAND LIMITED 2012-08-24 → present
2. GREENSHORE ASSOCIATES LIMITED 2012-08-22 → 2012-08-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Beavis Morgan Audit Limited

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group and its subsidiaries have 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. MCCARTHY MARLAND LIMITED · parent
   1. McCarthy Marland (Recycling) Limited 100% · United Kingdom · Waste management
   2. Westcombe Waste Limited 100% · United Kingdom · Waste management
   3. MM Property Assets Limited 100% · United Kingdom · Property company
   4. McCarthy Marland H1 Limited 100% · United Kingdom · Non-trading
   5. McCarthy Marland H2 Limited 100% · United Kingdom · Non-trading

Significant events

• “In October 2024 the group began the installation of an additional line to the waste processing plant at Tetbury to improve the quality of output recyclable material and eliminate the creation of stockpiles. This was completed in January 2025.”
• “The finance function has undergone significant disruption because of a complete overhaul of personnel... These have been shown as exceptional items in the accounts.”
• “Net bank debt (excluding HP on plant), which increased significantly following the acquisition of Hughes & Salvidge Waste Management Ltd in July 2022, reduced further from £8,762,327 at the start of the year to £7,818,670 by the year end. At the time of this report it had further reduced to £6,023,913, primarily as a result of the sale of Westcombe Waste Limited since the year end.”
• “After the reporting date, the entire issued share capital of the subsidiary Westcombe Waste Limited was disposed of for net proceeds of approximately £1.5m. The net proceeds have been applied to reducing net debt.”

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

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.