Recycling of Used Plastics Limited
Registered name: RECYCLING OF USED PLASTICS LIMITED
Recycling of Used Plastics Limited made £650k revenue and a £280k loss in the year to 31 Dec 2023.
Recycling of Used Plastics Limited’s revenue fell 29% to £650k in the year to 31 Dec 2023, with a loss of £280k and 0 employees. The company is classified under “other service activities” and is based in Peterborough; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Peterborough, East of England
- Age
- 37 yrs · since 1989
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £915k | £650k |
| Cost of sales | £858k | £930k |
| Gross profit | £57k | −£280k |
| Operating profit | £57k | −£280k |
| Profit before tax | £57k | −£280k |
| Profit after tax | £57k | −£280k |
| Profit (best available) | £57k | −£280k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 6.2% | −43.1% |
| Gross margin | 6.2% | −43.1% |
| Growth (year on year) | ||
| Revenue growth | — | ▼29% |
| Profit growth | — | ▼591.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £329k | £49.4k |
| Net assets | £286k | £5.5k |
| Fixed assets | £23 | £1 |
| Current assets | £449k | £133k |
| Debtors | £120k | £83.9k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −43.1%
- Profit ÷ revenue.
- Gross margin
- −43.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.9%
- 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
- ▼98%
- Now £5.5k
- Cash at bank
- ▼85%
- Now £49.4k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼96%
- Now £1
Group structure
Subsidiaries (1)
- Recoup Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£280k), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.