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T

TERNCOVE LIMITED

Active Denny

Recovery of sorted materials

21 employees
Recovery of sorted materials
T

TERNCOVE LIMITED

Recovery of sorted materials

Founded 6 Oct 2010 Active Denny, Scotland 21 employees
Recovery of sorted materials
Accounts Submitted 31 Dec 2024
Confirmation Statement Submitted 20 Oct 2025
Net assets £-658.50K £184.31K 2023 year on year
Total assets £159.42K £142.00K 2023 year on year
Total Liabilities £817.92K £42.32K 2023 year on year
Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

13 Winchester Avenue Denny FK6 6QE Scotland

Credit Report

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Mutual Companies

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Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

£12.50k

Decreased by £60.86k (-83%)

Net Assets

-£658.50k

Decreased by £184.31k (-39%)

Total Liabilities

£817.92k

Increased by £42.32k (+5%)

Turnover

£858.65k

Decreased by £665.64k (-44%)

Employees

21

Decreased by 17 (-45%)

Debt Ratio

513%

Increased by 256 (+100%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

3 active 11 resigned
Status
Louisa HitchenDirectorBritishEngland3631 Jan 2025Active
Michelle WoodwardDirectorBritishEngland541 Feb 2025Active
Vistra Cosec LimitedCorporate-secretaryUnited KingdomUnknown—30 Apr 2025Active

Shareholders

Shareholders (2)

Nathans Waste Savers Limited
100.0%
111 Oct 2019
Red Moon Limited
0.0%
011 Oct 2019

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Nathans Waste Savers Limited

United Kingdom

Active
Notified 22 Oct 2018
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors
See All Controllers

Group Structure

Group Structure

NATHANS WASTE SAVERS LIMITED united kingdom shares 75 to 100 percent
GLAS TRUST CORPORATION LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
TEXTILE RECYCLING INTERNATIONAL NEWCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GLOBAL LOAN AGENCY SERVICES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
TEXTILE RECYCLING INTERNATIONAL TOPCO LIMITED united kingdom
GLAS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UNICORN BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UNICORN MIDCO 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UNICORN MIDCO 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UNICORN TOPCO LIMITED united kingdom
TERNCOVE LIMITED Current Company

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
16 Dec 2025OfficersTermination of Louisa Hitchen as director on 2025-12-16View(1 page)
15 Dec 2025OfficersAppointment of Mr Michael Orye as director on 2025-12-02View(2 pages)
20 Oct 2025Confirmation StatementConfirmation statement made on 2025-10-06 with no updatesView(3 pages)
26 May 2025OfficersAppointment of Vistra Cosec Limited as director on 2025-04-30View(2 pages)
17 Feb 2025OfficersTermination of Mark Burrows Smith as director on 2025-01-31View(1 page)
16 Dec 2025 Officers

Termination of Louisa Hitchen as director on 2025-12-16

View Document(1 page)
15 Dec 2025 Officers

Appointment of Mr Michael Orye as director on 2025-12-02

View Document(2 pages)
20 Oct 2025 Confirmation Statement

Confirmation statement made on 2025-10-06 with no updates

View Document(3 pages)
26 May 2025 Officers

Appointment of Vistra Cosec Limited as director on 2025-04-30

View Document(2 pages)
17 Feb 2025 Officers

Termination of Mark Burrows Smith as director on 2025-01-31

View Document(1 page)

Recent Activity

Latest Activity

Termination of Louisa Hitchen as director on 2025-12-16

2 months ago on 16 Dec 2025

Appointment of Mr Michael Orye as director on 2025-12-02

2 months ago on 15 Dec 2025

Confirmation statement made on 2025-10-06 with no updates

3 months ago on 20 Oct 2025

Appointment of Vistra Cosec Limited as director on 2025-04-30

8 months ago on 26 May 2025

Termination of Mark Burrows Smith as director on 2025-01-31

12 months ago on 17 Feb 2025