KEY HIGHLIGHTS
- Well invested, state of the art materials recycling facility
- Modern vehicle fleet maintained to the highest standard
- Wide customer base with no significant concentration
- Term contracts in place for key customers
- Strategically located close to significant markets
- Well positioned for access to the motorway network
- Significant scope for expansion under existing permits
Financial performance – additional information
The draft results for FY 2021 are based on the 12 months’ management accounts to 31 August 2021.
- Adjusted shareholders’ funds circa £4 million
- Cash balance circa £1 million
- Some negative COVID effect on turnover during FY 2020, but the Business is not exposed to the retail and hospitality sectors. Recovery in FY 2021 has been strong