DRAGON RECYCLING SOLUTIONS LTD
Company number 05774204 · Monitor this company
Executive summary
Dragon Recycling Solutions has executed a remarkable financial turnaround, moving from negative net assets of -£345,306 in 2017 to a positive position of £1.83M by April 2025, with retained profits growing consistently and cash reserves now at £678,102. The company occupies a strong regional niche in the Welsh non-hazardous waste collection market, with a substantial property and plant asset base and evident strategic ambition evidenced by £275,800 in R&D expenditure on a new product line. However, the post-year-end management buyout – involving the complete replacement of the founding directors and Development Bank of Wales backing – introduces both opportunity and transition risk; the new leadership must service acquisition debt while maintaining the operational momentum that delivered the turnaround, and the elevated trade debtor balance warrants close monitoring.
Shareholders' funds
£1,830,885
Balance sheet as at 2025-04-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-04-07
- Employees
- 117 (2025 accounts · was 120 in 2024)
- Registered office
- Unit 2 Tafarnaubach Industrial Estate, Tafarnaubach, Tredegar, Wales, NP22 3AA
- Postcode
- NP22 3AA
- Capital
- 25,100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-04-30
- Next due by
- 2027-01-31
- Financial year end
- 30 April
Confirmation statement
- Last statement dated
- 2025-12-17
- Next due by
- 2026-12-31
Nature of business (SIC)
- 38110 Collection of non-hazardous waste
Officers 7 current · 6 resigned
Group structure 1 subsidiary
Controlled by DRAGON RS HOLDINGS LIMITED — since 2025-07-17
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA269752 (Tier 2), registered since 2017.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 4
| Address | Changed on |
|---|---|
| UNIT 9 GILCHRIST THOMAS ESTATE, BLAENAVON, PONTYPOOL, TORFAEN, NP4 9RL | 2009-04-23 |
| UNIT 9 GILCHRIST THOMAS ESTATE, BLAEN AVON, PONTYPOOL, GWENT NP4 9RL | 2007-04-23 |
| 30A ELM HILL, NORWICH, NORFOLK NR3 1HG | 2006-06-01 |
| MARQUESS COURT, 69 SOUTHAMPTON ROW, LONDON, WC1B 4ET | 2006-05-03 |
Among its peers
Top 10%
by shareholders' funds, of 29 similar companies in NP
The largest employer among its local peers (117 staff).
Among the oldest 25% of its local peers, trading since 2006.
No.2 of the largest collection of non-hazardous waste companies in Newport →
Competitors Newport
This company ranks 2 among collection of non-hazardous waste in Newport.
The class of 2006
33%
of the 182,202 companies incorporated in 2006 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.