ENVIROWALES LIMITED
Company number 04296277 · Monitor this company
Executive summary
Envirowales Limited operates as a mid-tier secondary lead recycler in a commodity-linked, capital-intensive sector where it functions as a price-taker exposed to LME volatility. Its financial position is materially weaker than industry norms: persistent negative net assets (£-11.3m), wafer-thin margins that swing to loss on modest price declines, and chronic liquidity constraints (£555k cash on £74.7m revenue) render the company technically insolvent on a standalone basis. Continued operation depends on the financial support of its parent, Envirolead Recycling Limited, and the group's willingness to sustain a business that has accumulated losses exceeding £19m against share capital of just £3.9m. While demand for its products remains robust and the circular economy narrative favours battery recycling long-term, the company's structural financial fragility and exposure to lead price, energy cost, and EV transition risks position it as a vulnerable player in an unforgiving sector.
Shareholders' funds
-£15,273,300
Balance sheet as at 2024-12-31
What it does
The principal activity of the company continued to be that of processing and recycling
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2001-10-01
- Employees
- 175 (2024 accounts · was 177 in 2023)
- Registered office
- Faulkner House, Victoria Street, St Albans, Herts, AL1 3SE
- Postcode
- AL1 3SE
- Capital
- 3,938,277 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-31
- Next due by
- 2027-09-14
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 8 current · 14 resigned
Group structure
Controlled by ENVIROLEAD RECYCLING LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Modern slavery statement
Registered a modern slavery statement for 2022 (period to 2021-12-31) — 3 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA704003 (Tier 1), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 7A NEVILL STREET, ABERGAVENNY, MONMOUTHSHIRE, NP7 5AA | 2006-08-21 |
Among its peers
2nd largest employer
of 502 similar companies in AL, with 175 staff. Among the oldest 25% of its local peers.
Competitors St. Albans
This company ranks 690 among other business support service activities not elsewhere classified in St. Albans.
The class of 2001
29%
of the 5,962 companies in this sector incorporated in 2001 are still active today; 69% have since been dissolved.
A fact about the year, not a forecast for this company.