MVV ENVIRONMENT BALDOVIE LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-06-19 (in 1mo)
Last made up 2025-06-05
Watchouts
None on the register
Cash
£12M
-59.6% vs 2024
Net assets
£18M
-53.5% vs 2024
Employees
68
+1.5% vs 2024
Profit before tax
£5M
-84.8% vs 2024
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | £39,567,553 | £37,614,375 | |
| Operating profit | £10,571,812 | £8,186,204 | |
| Profit before tax | £34,939,904 | £5,310,998 | |
| Net profit | £36,374,730 | £3,336,769 | |
| Cash | £29,689,012 | £11,996,313 | |
| Total assets less current liabilities | £121,336,896 | £96,342,209 | |
| Net assets | £38,152,953 | £17,753,422 | |
| Equity | £38,152,953 | £17,753,422 | |
| Average employees | 67 | 68 | |
| Wages | £3,603,395 | £3,748,164 | |
| Directors' remuneration | £118,262 | £124,903 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
-4.9%
£39,567,553 £37,614,375
-
Cash
-59.6%
£29,689,012 £11,996,313
-
Net assets
-53.5%
£38,152,953 £17,753,422
-
Employees
+1.5%
67 68
-
Operating profit
-22.6%
£10,571,812 £8,186,204
-
Profit before tax
-84.8%
£34,939,904 £5,310,998
-
Wages
+4%
£3,603,395 £3,748,164
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | 26.7% | 21.8% | |
| Net margin | 91.9% | 8.9% | |
| Return on capital employed | 8.7% | 8.5% | |
| Current ratio | 3.70x | 2.02x | |
| Interest cover | 2.57x | 2.15x |
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 2 times since incorporation
- MVV ENVIRONMENT BALDOVIE LIMITED 2017-11-27 → present
- DUNDEE ENERGY RECYCLING LIMITED 1994-01-21 → 2017-11-27
- RANDOTTE (NO. 327) LIMITED 1994-01-05 → 1994-01-21
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe there is no indication of a material uncertainty related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern, or that it may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Significant events
- “During the prior year, a hive up transaction took place to transfer to the Company the trade, assets and liabilities of the two subsidiaries. The share capital was repaid to the Company and the subsidiaries were dissolved on 17 June 2025.”
- “The Company has proposed to close the original Energy from Waste (EfW) facility, which comprises Lines 1 and 2, by the end of June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAREY, Paul Michael | Director | 2017-11-28 | Apr 1957 | British |
| KNAPP, Peter Rudolf, Mr. | Director | 2020-11-01 | May 1966 | German |
| TURNER, Michael Andrew, Mr. | Director | 2018-12-01 | Nov 1967 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACLEOD, David | Secretary | 1994-02-22 | 1995-10-03 |
| MEIKLEJOHN, Iain Maury Campbell | Nominee Secretary | 1994-01-05 | 1994-02-22 |
| TM COMPANY SERVICES LIMITED | Corporate Secretary | 1995-10-03 | 2017-11-28 |
| BOYLE, John Charles, Dr | Director | 2000-04-25 | 2001-09-26 |
| CANNELL, Peter Malcolm | Director | 1994-02-22 | 1995-10-03 |
| COHEN, James Lionel | Director | 1997-09-25 | 2002-06-21 |
| DORWARD, David Keay | Director | 1996-04-01 | 2010-02-10 |
| DYER, Peter, Dr | Director | 1997-09-25 | 2001-12-12 |
| EVANS, John Russell | Director | 2002-04-22 | 2004-04-02 |
| FLIGHT, Alexander | Director | 2010-02-10 | 2017-11-24 |
| GABRIEL, Ronald | Director | 1996-04-19 | 2002-12-13 |
| JONES, Alan Peter | Director | 2011-01-06 | 2014-10-29 |
| JONES, Alan Peter | Director | 2011-01-01 | 2011-01-01 |
| KELLY, Ivor Ernest | Director | 2002-04-24 | 2017-11-24 |
| KELLY, John Hutton Dargie | Director | 1994-02-22 | 1996-03-31 |
| KERR, Kenneth James | Director | 2011-08-29 | 2017-11-28 |
| KERR, Kenneth James | Director | 2004-09-03 | 2004-11-22 |
| LAING, James Kinnear | Director | 2002-12-24 | 2011-07-08 |
| LAMONT, Donald | Director | 1994-02-22 | 1994-10-10 |
| LEADILL, Stuart Kenneth | Director | 1997-09-25 | 2002-06-21 |
| MCCARTHY, Mark Lawrence | Director | 2004-12-31 | 2010-10-01 |
| MCKAIG, Kenneth James | Director | 2017-11-24 | 2017-11-28 |
| MCMULLAN, Rodger | Director | 2014-10-29 | 2016-09-22 |
| MEIKLEJOHN, Iain Maury Campbell | Nominee Director | 1994-01-05 | 1994-02-22 |
| MERCER, Ronnie Edward | Director | 1994-10-10 | 1995-10-03 |
| MULGREW, Francis Thomas | Director | 1994-02-22 | 1996-04-17 |
| SLATER, Michael John | Director | 1999-11-22 | 2000-04-25 |
| STEPHEN, Alexander | Director | 1994-02-22 | 1995-11-13 |
| STURROCK, Ronald | Director | 2004-08-04 | 2004-11-19 |
| SVEDBERG, William Theodor | Director | 1997-09-25 | 1999-06-30 |
| WAINWRIGHT, James | Director | 2004-01-27 | 2004-12-31 |
| WILL, James Robert | Nominee Director | 1994-01-05 | 1994-02-22 |
| WOOD, Joseph Stewart | Director | 1994-02-22 | 1995-10-03 |
| ZICKERT, Uwe | Director | 2017-11-28 | 2020-09-30 |
| BNOMS LIMITED | Corporate Director | 2002-06-24 | 2003-12-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mvv Environment Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-28 | Active |
| Dundee City Council | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-11-28 |
Filing timeline
Last 20 of 231 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-17 | AA | accounts | Accounts with accounts type full | |
| 2025-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-09 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-02 | AA | accounts | Accounts with accounts type full | |
| 2024-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-04 | AA | accounts | Accounts with accounts type full | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-03 | AA | accounts | Accounts with accounts type full | |
| 2022-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-03-30 | AA | accounts | Accounts with accounts type full | |
| 2021-03-10 | CH01 | officers | Change person director company with change date | |
| 2021-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2020-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2020-06-29 | AA | accounts | Accounts with accounts type full | |
| 2020-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-25 | CH01 | officers | Change person director company with change date | |
| 2019-10-25 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.