WALES ENVIRONMENTAL LIMITED
Company number 02530769 · Monitor this company
Executive summary
Wales Environmental Limited is a long-established, profitable waste management business with a strong net asset base (£4.66m), modest liabilities, and an unblemished filing record, supporting a fundamentally sound credit profile as at its last detailed accounts (March 2022). The MEDIUM risk rating reflects a structurally minimal cash position (£21k) dependent on invoice discounting, and — more significantly — a two-year gap in financial visibility during which the board changed materially and the company adopted audit-exempt status under an opaque corporate ownership structure. Investment should proceed only after obtaining current accounts, clarifying the group structure and ultimate ownership, and confirming environmental regulatory standing.
Shareholders' funds
£4,656,730
Balance sheet as at 2022-03-31
What it does
The principal activity of the company in the year under review was that of waste management and associated activities.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1990-08-14
- Employees
- 77 (2022 accounts · was 80 in 2021)
- Registered office
- Wales Environmental Limited, Longships Road, Cardiff, Wales, CF10 4RP
- Postcode
- CF10 4RP
- Capital
- 1,000 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 30 December
Confirmation statement
- Last statement dated
- 2026-05-05
- Next due by
- 2027-05-19
Nature of business (SIC)
- 38110 Collection of non-hazardous waste
Officers 5 current · 18 resigned
Group structure 1 subsidiary
Controlled by DRAINS DIRECT (UK) LIMITED — since 2016-08-18
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB359027 (Tier 2), registered since 2022.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| CABLEFIELD LIMITED | 1995-08-24 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| PENTLEPOIR GARAGE, PENTLEPOIR, SAUNDERSFOOT, DYFED SA69 9BN | 2000-01-20 |
| REGIS HOUSE, 134 PERCIVAL ROAD, MIDDLESEX, EN1 1QU | 1990-12-20 |
Among its peers
Top 10%
by shareholders' funds, of 58 similar companies in CF
Among the biggest employers among its local peers (77 staff).
Among the oldest 25% of its local peers, trading since 1990.
No.3 of the largest collection of non-hazardous waste companies in Cardiff →
Competitors Cardiff
This company ranks 3 among collection of non-hazardous waste in Cardiff.
The class of 1990
49%
of the 20,401 companies incorporated in 1990 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2015-03-17
- Where
- Cardiff
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| CYM644132 | Cardiff | Leasehold | 2015-03-17 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.
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.