Glass Recycling (UK) Limited
Registered name: GLASS RECYCLING (UK) LIMITED
Glass Recycling (UK) Limited made £32.8m revenue and £9.9m profit in the year to 30 Sep 2025.
Glass Recycling (UK) Limited’s revenue fell 15% to £32.8m in the year to 30 Sep 2025, with £9.9m profit and 46 employees. The company is classified under “treatment and disposal of non-hazardous waste” and is based in Barnsley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Barnsley, Yorkshire and The Humber
- Age
- 52 yrs · since 1974
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £33.2m | £41.8m | £38.6m | £32.8m |
| Cost of sales | £8.6m | £13.9m | £19.4m | £16.1m |
| Gross profit | £24.6m | £27.9m | £19.2m | £16.6m |
| Operating profit | £20.4m | £22.5m | £8.4m | £10m |
| Profit before tax | £20.8m | £24m | £11.3m | £13.3m |
| Profit after tax | £16.8m | £18.9m | £8.4m | £9.9m |
| Profit (best available) | £16.8m | £18.9m | £8.4m | £9.9m |
| Staff costs | £2.1m | £2.3m | £6.2m | £2.4m |
| Employees (average) | 63 | 55 | 46 | 46 |
| Ratios | ||||
| Profit margin | 50.5% | 45.1% | 21.8% | 30.3% |
| Gross margin | 74.2% | 66.7% | 49.8% | 50.7% |
| Revenue per employee | £527k | £760k | £840k | £712k |
| Profit per employee | £267k | £343k | £183k | £216k |
| Cash conversion | −82.9% | −109.4% | −157.6% | −60.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲25.8% | ▼7.6% | ▼15.2% |
| Profit growth | — | ▲12.3% | ▼55.3% | ▲17.7% |
| Headcount growth | — | ▼12.7% | ▼16.4% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £49.2m | £67.8m | £69.4m | £70.7m |
| Net assets | £68.4m | £85.4m | £92m | £99.5m |
| Fixed assets | £12.1m | £14.1m | £17.7m | £17.6m |
| Current assets | £65.3m | £80.2m | £84m | £87m |
| Debtors | £11m | £7.5m | £6.2m | £7.9m |
| Deferred income | £806k | £480k | £5.9m | £217k |
| Cash from operations | −£16.9m | −£24.6m | −£13.2m | −£6m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 30.3%
- Profit ÷ revenue.
- Gross margin
- 50.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £712k
- Revenue ÷ average employees.
- Profit per employee
- £216k
- Profit ÷ average employees.
- Cash conversion
- −60.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 53.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲8%
- Now £99.5m
- Cash at bank
- ▲2%
- Now £70.7m
- Headcount
- 0%
- Now 46
- Deferred income
- ▼96%
- Now £217k
- Fixed assets
- ▼1%
- Now £17.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- RE3 LimitedDoncaster · Treatment and disposal of non-hazardous waste
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- £30.9m
- Profit
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- Staff
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- Cumbria Waste Management Ltd.Doncaster · Treatment and disposal of non-hazardous waste
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- London Mining Associates LimitedLarkfield · Treatment and disposal of non-hazardous waste
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- Envar Composting LimitedAshford · Treatment and disposal of non-hazardous waste
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- £25m
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- Avalon Metals LimitedRotherwas Ind Estate Hereford · Treatment and disposal of non-hazardous waste
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- Celtic Recycling Ltd.Pyle · Treatment and disposal of non-hazardous waste
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £9.9m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.