Shilton Bidco Limited
Non-trading company · Brentford
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£327,629,000
Cash
£308,000
Turnover
—
Profit / loss
−£46,669,000
Current assets
£1,219,725,000
Creditors < 1 year
£92,881,000
Equity
£327,629,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £327,629,000 | £374,298,000 |
| Equity | £327,629,000 | £374,298,000 |
| Share capital | £605,000 | £605,000 |
| Retained earnings | £267,121,000 | £313,790,000 |
| Assets | ||
| Fixed assets | £276,105,000 | £276,105,000 |
| Investments | £276,105,000 | £276,105,000 |
| Current assets | £1,219,725,000 | £1,144,004,000 |
| Cash at bank | £308,000 | £433,000 |
| Liabilities | ||
| Creditors within one year | £92,881,000 | £79,695,000 |
| Bank loans & overdrafts | £692,395,000 | £605,698,000 |
| Net current assets | £1,126,844,000 | £1,064,309,000 |
| Assets less current liabilities | £1,402,949,000 | £1,340,414,000 |
| Profit & loss | ||
| Administrative expenses | £727,000 | £2,015,000 |
| Operating profit | −£727,000 | −£287,541,000 |
| Interest receivable | £151,207,000 | £180,874,000 |
| Interest payable | £109,527,000 | £64,225,000 |
| Profit before tax | £40,953,000 | −£170,892,000 |
| Tax | £87,622,000 | £800,000 |
| Profit / loss | −£46,669,000 | −£170,092,000 |
| Operating costs | ||
| Audit fees | £5,000 | £5,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The Company acts as an intermediate holding and financing company with the Group and this is expected to continue going forward.
- What it does
- chemical cleaning · environmental solutions · industrial segments · automotive MRO · metal working · transport to manufacture (AI keywords)
- The year
- 2025 was a successful year for the Group, with 5.1% growth in its Book of Business and new customer wins growing well. The Group invested in its branches and warehouse operations in the year to drive a consistent approach across the Group and increase the quality of the cleaning solution with the adoption of ‘purified cleaning technologies’.
- Outlook
- The Company acts as an intermediate holding and financing company with the Group and this is expected to continue going forward.
- Auditor
- PricewaterhouseCoopers LLP · senior statutory auditor Craig Skelton
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Shilton Holdco Limited · United Kingdom
- Ultimate parent
- Shilton Midco 2 Limited
- Ultimate controlling party
- APAX IX GP Co Limited funds (the “APAX IX funds”)
- Accounts
- Full accounts · FRS 102
- Approved
- 2026-07-17, signed by A Griffith
Subsidiaries (11)
- WP Safety-Kleen (Cayman) Limited · 100% · Cayman Islands · Holding company
- WP Midco3 Limited · 100% · United Kingdom · Holding company (Note 16)
- Safetykleen Group Services Limited · 100% · United Kingdom · Management services
- WP SK Midco Limited · 100% · United Kingdom · Holding company (Note 16)
- WP SK Limited · 100% · United Kingdom · Holding Company (Note 16)
- Safety-Kleen Europe Limited · 100% · United Kingdom · Holding company (Note 16)
- Safety-Kleen Parça Temizlik Hizmetleri Limited · 100% · Turkey · Cleaning equipment
- Global Kleen HK Limited · 100% · Hong Kong · Cleaning equipment
- SafetyKleen Polska SP z o.o. · 100% · Poland · Cleaning equipment
- Metalwash Limited · 100% · United Kingdom · Parts washing and chemical application services
- Safetykleen Nederland B.V. · 100% · Netherlands · Cleaning equipment
Borrowings (2)
- Senior Loan · 692,395 (000s) · EURIBOR + 3.75% · January 2030 · secured on The secured bank loans are secured on the shares of the Group’s subsidiaries.
- Revolving Credit Facilities · £62.5m undrawn (000s) · final maturity in July 2029 · secured on The secured bank loans are secured on the shares of the Group’s subsidiaries.
Share classes (1)
- 605,000 ordinary shares of £1
Principal risks (1)
- Group performance risk
Events after the year end (1)
- Subsequent to the balance sheet date, the Group continued the corporate simplification process and WP Midco3 Limited, WP SK Midco Limited, WP SK Limited and Safety-kleen Europe Limited were dissolved by the end of April 2026.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2017-06-08
—
Outstanding