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Company No. 06989663 · Incorporated 12 Aug 2009

Blancomet Recycling UK Limited

Registered name: BLANCOMET RECYCLING UK LIMITED

Blancomet Recycling UK Limited made £47.4m revenue and a £273k loss in the year to 31 Jan 2025. read from filing text

Blancomet Recycling UK Limited’s revenue fell 21% to £47.4m in the year to 31 Jan 2025, with a loss of £273k and 63 employees. The company is classified under “other business support service activities” and is based in Stone; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Stone, West Midlands
Age
17 yrs · since 2009
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£47.4m
Growth ▼21.1%
Profit
−£273k
Growth ▼232.9%
Profit margin
−0.6%
Gross 5.5%
Employees
63
Change ▲1.6%
Profit / employee
−£4.3k
Revenue/employee £752k
Profitable streak
0yrs
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 to31 Jan 202231 Jan 202331 Jan 202431 Jan 2025
DisclosureProfit onlyFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£105m£60.1m£47.4m
Cost of sales£137m£97.3m£57.3m£44.8m
Gross profit—£6.6m£2.7m£2.6m
Operating profit—£2.2m£150k£415k
Profit before tax—£2.2m£207k−£75.9k
Profit after tax£1m£1.8m£205k−£273k
Profit (best available)£1m£1.8m£205k−£273k
Staff costs£1.4m£1.6m£1.7m£1.7m
Employees (average)64666263
Ratios
Profit margin—1.7%0.3%−0.6%
Gross margin—6.3%4.6%5.5%
Revenue per employee—£1.6m£969k£752k
Profit per employee£16k£26.5k£3.3k−£4.3k
Cash conversion—25.5%759%−81.5%
Growth (year on year)
Revenue growth——▼43%▼21.1%
Profit growth—▲70.5%▼88.3%▼232.9%
Headcount growth—▲3.1%▼6.1%▲1.6%
Balance sheet — indirect signals, not revenue
Cash at bank£4.1m£2.8m£1.6m£900k
Net assets£4.8m£6.5m£6.6m£6m
Fixed assets£2.5m£2.5m£1.8m£1.9m
Current assets£24.8m£17.5m£8.5m£7.9m
Debtors£11.8m£8m£3.2m£2.4m
Deferred income£76.9k£73.4k£77.4k£63.7k
Cash from operations—£556k£1.1m−£339k
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
−0.6%
Profit ÷ revenue.
Gross margin
5.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£752k
Revenue ÷ average employees.
Profit per employee
−£4.3k
Profit ÷ average employees.
Cash conversion
−81.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5.1%
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
▼9%
Now £6m
Cash at bank
▼45%
Now £900k
Headcount
▲2%
Now 63
Deferred income
▼18%
Now £63.7k
Fixed assets
▲6%
Now £1.9m

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

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Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£273k), from the Companies House accounts bulk data published Oct 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.