Nationwide Metal Recycling Limited
Registered name: NATIONWIDE METAL RECYCLING LIMITED
Nationwide Metal Recycling Limited made £26.9m revenue and £937k profit in the year to 31 Mar 2025.
Nationwide Metal Recycling Limited’s revenue grew 7% to £26.9m in the year to 31 Mar 2025, with £937k profit and 78 employees. The company is classified under “recovery of sorted materials” and is based in Ipswich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ipswich, East of England
- Age
- 19 yrs · since 2007
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £29m | £26.3m | £25.1m | £26.9m |
| Cost of sales | £21.3m | £20.3m | £20.6m | £23.2m |
| Gross profit | £7.7m | £6.1m | £4.5m | £3.7m |
| Operating profit | £5.5m | £3.8m | £1.6m | £1.1m |
| Profit before tax | £5.5m | £3.8m | £1.7m | £1.2m |
| Profit after tax | £4.4m | £3.1m | £1.1m | £937k |
| Profit (best available) | £4.4m | £3.1m | £1.1m | £937k |
| Staff costs | £2.7m | £3m | £3.3m | £3.5m |
| Employees (average) | 72 | 73 | 74 | 78 |
| Ratios | ||||
| Profit margin | 15.3% | 11.7% | 4.4% | 3.5% |
| Gross margin | 26.4% | 23.1% | 17.8% | 13.8% |
| Revenue per employee | £403k | £361k | £339k | £345k |
| Profit per employee | £61.6k | £42k | £14.9k | £12k |
| Cash conversion | 79.5% | −12.9% | 91.5% | 71.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.1% | ▼4.8% | ▲7.3% |
| Profit growth | — | ▼30.8% | ▼64.2% | ▼14.8% |
| Headcount growth | — | ▲1.4% | ▲1.4% | ▲5.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.7m | £131k | £71.6k | £3.2m |
| Net assets | £18.1m | £21.2m | £22.3m | £23.3m |
| Fixed assets | £7.1m | £7.2m | £7.7m | £7.3m |
| Current assets | £15.6m | £17.6m | £17.9m | £19.6m |
| Debtors | £1.5m | £1.2m | £1.5m | £2.4m |
| Deferred income | £417k | £204k | £241k | £214k |
| Cash from operations | £4.4m | −£488k | £1.5m | £811k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 13.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £345k
- Revenue ÷ average employees.
- Profit per employee
- £12k
- Profit ÷ average employees.
- Cash conversion
- 71.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 27%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.8%
- 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
- ▲4%
- Now £23.3m
- Cash at bank
- ▲4349%
- Now £3.2m
- Headcount
- ▲5%
- Now 78
- Deferred income
- ▼11%
- Now £214k
- Fixed assets
- ▼5%
- Now £7.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- CRJ Services LimitedCheshire · Recovery of sorted materials
- Revenue
- £26.8m
- Profit
- £1.3m
- Staff
- 77
- Recycled Material Supplies LimitedLondon · Recovery of sorted materials
- Revenue
- £26.4m
- Profit
- £516k
- Staff
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- Etm Recycling LimitedBristol · Recovery of sorted materials
- Revenue
- £26.2m
- Profit
- £387k
- Staff
- 83
- North West Recycling LimitedCarlisle · Recovery of sorted materials
- Revenue
- £29.6m
- Profit
- £588k
- Staff
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- Hazell and Jefferies LimitedPangbourne · Recovery of sorted materials
- Revenue
- £30.7m
- Profit
- £3.4m
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- J. Davidson Scrap Metal Processors LimitedAltrincham · Recovery of sorted materials
- Revenue
- £23.4m
- Profit
- £121k
- Staff
- 39
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £937k), from the Companies House accounts bulk data published Dec 2025. 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.