How much does Recycled Material Supplies Limited make?

Recycled Material Supplies Limited reported revenue of £26.4m and £516k profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Recycled Material Supplies Limited have?

Recycled Material Supplies Limited reported an average of 120 employees in the year to 31 Jul 2025.

Is Recycled Material Supplies Limited profitable?

Yes — Recycled Material Supplies Limited reported a profit of £516k in the year to 31 Jul 2025.

Company No. 06221599 · Incorporated 20 Apr 2007

Recycled Material Supplies Limited

Registered name: RECYCLED MATERIAL SUPPLIES LIMITED

Part of RMS Management Group Ltd group

Recycled Material Supplies Limited made £26.4m revenue and £516k profit in the year to 31 Jul 2025.

Recycled Material Supplies Limited’s revenue grew 1% to £26.4m in the year to 31 Jul 2025, with £516k profit and 120 employees. The company is classified under “recovery of sorted materials” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials

Status: Active
Location: London, London
Age: 19 yrs · since 2007
Type: Private Limited Company

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.

Latest accounts · year to 31 Jul 2025

Key figures

Boring industry

Revenue

£26.4m

Growth ▲0.5%

Profit

£516k

Growth ▼61.7%

Profit margin

1.9%

Gross 19.4%

Employees

120

Change ▲9.1%

Profit / employee

£4.3k

Revenue/employee £220k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£20.4m	£24.6m	£26.3m	£26.4m
Cost of sales	£16m	£18.9m	£20m	£21.3m
Gross profit	£4.4m	£5.8m	£6.3m	£5.1m
Operating profit	£987k	£1.8m	£1.9m	£918k
Profit before tax	£846k	£1.7m	£1.8m	£750k
Profit after tax	£683k	£1.2m	£1.3m	£516k
Profit (best available)	£683k	£1.2m	£1.3m	£516k
Staff costs	£4.7m	£4.7m	£4.5m	£4.9m
Employees (average)	95	110	110	120
Ratios
Profit margin	3.4%	4.9%	5.1%	1.9%
Gross margin	21.6%	23.5%	23.8%	19.4%
Revenue per employee	£214k	£224k	£239k	£220k
Profit per employee	£7.2k	£10.9k	£12.3k	£4.3k
Growth (year on year)
Revenue growth	—	▲21%	▲6.7%	▲0.5%
Profit growth	—	▲75.8%	▲12.3%	▼61.7%
Headcount growth	—	▲15.8%	0%	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£2.2m	£2.5m	£2m
Net assets	£6m	£7m	£4.2m	£4.6m
Fixed assets	£6.8m	£7.3m	£7.1m	£7.6m
Current assets	£8.6m	£9.9m	£8.8m	£9.1m
Debtors	£2.5m	£4m	£4.4m	£4.2m
Deferred income	£483k	£518k	£18k	£328k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 19.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £220k; Revenue ÷ average employees.
Profit per employee: £4.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 28.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲10%; Now £4.6m
Cash at bank: ▼20%; Now £2m
Headcount: ▲9%; Now 120
Deferred income: ▲1720%; Now £328k
Fixed assets: ▲7%; Now £7.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

RMS Management Group Ltdultimate parent75–100%
RMS Group Limited75–100%
Recycled Material Supplies Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £516k), from the Companies House accounts bulk data published Feb 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.