WASTE RECYCLING GROUP (SCOTLAND) 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

  +38.9%

  £247,000 → £343,000

• Cash

  —

  Not reported

• Net assets

  -6.8%

  -£6,708,000 → -£7,163,000

• Employees

  0%

  2 → 2

• Operating profit

  -118.9%

  £2,812,000 → -£532,000

• Profit before tax

  -129.4%

  £2,494,000 → -£734,000

• Wages

  +26.1%

  £46,000 → £58,000

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “The ongoing military conflict between Russia and Ukraine, as well as heightened conflicts in the Middle East, continue to contribute to elevated levels of political instability and uncertainty worldwide. Fuel prices (gas, electricity and oil derived products) have fallen back from the particularly high levels seen in 2022, though they remain higher than pre-conflict levels.”
• “The loss for the financial year amounted to £0.5million (2023: £1.9million profit). The main driver for the loss was changes in estimates of future costs in environmental provision reviews year on year as detailed in note 5.”

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.