Material Change Composting Limited
Registered name: MATERIAL CHANGE COMPOSTING LIMITED
Part of Bioticnrg Ltd groupMaterial Change Composting Limited made £4.8m revenue and a £564k loss in the year to 31 Dec 2024.
Material Change Composting Limited’s revenue grew 3% to £4.8m in the year to 31 Dec 2024, with a loss of £564k and 0 employees. The company is classified under “treatment and disposal of non-hazardous waste” and is based in Wellingborough; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wellingborough, East Midlands
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
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 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £4.6m | £4.8m |
| Cost of sales | — | £3m | £3.3m |
| Gross profit | — | £1.7m | £1.5m |
| Operating profit | — | £372k | £320k |
| Profit before tax | — | £349k | −£478k |
| Profit after tax | — | £357k | −£564k |
| Profit (best available) | — | £357k | −£564k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 7.7% | −11.7% |
| Gross margin | — | 36.5% | 32.2% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲3.4% |
| Profit growth | — | — | ▼257.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £499k | £727k | £336k |
| Net assets | £2.8m | £2.7m | £1.8m |
| Fixed assets | £1.9m | £1.9m | £2.1m |
| Current assets | £2.3m | £2.1m | £1.1m |
| Debtors | £536k | £405k | £504k |
| Deferred income | £165k | £67.8k | £87.4k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −11.7%
- Profit ÷ revenue.
- Gross margin
- 32.2%
- 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
- 44.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.5%
- 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
- ▼33%
- Now £1.8m
- Cash at bank
- ▼54%
- Now £336k
- Headcount
- —
- Now 0
- Deferred income
- ▲29%
- Now £87.4k
- Fixed assets
- ▲15%
- Now £2.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Bioticnrg Ltdultimate parent75–100%
- Ad Aggregator Platform Limited75–100%
- MC Asset Co Limited75–100%
- Material Change Composting Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Decoy Farm Power LimitedRev. £5.8m · Profit £326k
- Camel Power LimitedRev. £0 · Profit £2.1m
- Bay Farm Power LimitedFigures not disclosed
- Euston Biogas LimitedFigures not disclosed
- Helmdon Blackpits Power LimitedRev. — · Profit −£10.9k
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 2024 (profit −£564k), from the Companies House accounts bulk data published Apr 2026. 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.