S L Recycling Limited
Registered name: S L RECYCLING LIMITED
Part of S L Group Investments Limited groupS L Recycling Limited made £15.2m revenue and £285k profit in the year to 30 Jun 2025. read from filing text
S L Recycling Limited’s revenue was £15.2m in the year to 30 Jun 2025, with £285k profit and 32 employees. The company is classified under “recovery of sorted materials” and is based in New Inn; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- New Inn, Wales
- Age
- 12 yrs · since 2014
- 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. From the filing: “The ultimate controlling party is Mr S Lewis.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £11.5m | £15.2m |
| Cost of sales | — | £7.9m | £10.7m |
| Gross profit | — | £3.7m | £4.5m |
| Operating profit | — | £146k | £297k |
| Profit before tax | — | £119k | £177k |
| Profit after tax | — | −£53.5k | £285k |
| Profit (best available) | — | −£53.5k | £285k |
| Staff costs | — | £1.2m | £1.7m |
| Employees (average) | 15 | 36 | 32 |
| Ratios | |||
| Profit margin | — | −0.5% | 1.9% |
| Gross margin | — | 31.8% | 29.5% |
| Revenue per employee | — | £321k | £474k |
| Profit per employee | — | −£1.5k | £8.9k |
| Cash conversion | — | — | −575.8% |
| Growth (year on year) | |||
| Headcount growth | — | ▲140% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £41.1k | £247k |
| Net assets | £3.9m | £4.4m | £3.2m |
| Fixed assets | £3.4m | £4.6m | £6.6m |
| Debtors | — | £353k | £436k |
| Deferred income | — | £0 | £126k |
| Cash from operations | — | — | −£1.7m |
| Source | Full Accounts · bulk data Oct 2024 | Full Accounts · bulk data Oct 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- 29.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £474k
- Revenue ÷ average employees.
- Profit per employee
- £8.9k
- Profit ÷ average employees.
- Cash conversion
- −575.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 43.3%
- 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
- 2.9%
- 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
- —
- Now £3.2m
- Cash at bank
- —
- Now £247k
- Headcount
- —
- Now 32
- Deferred income
- —
- Now £126k
- Fixed assets
- —
- Now £6.6m
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
- S L Group Investments Limitedultimate parent75–100%
- S L Recycling Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Fitness Factory Oakdale LimitedFigures not disclosed
- Rocco Plant LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Roy Hatfield LimitedRotherham · Recovery of sorted materials
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- Profit
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- Roydon Resource Recovery LtdManchester · Recovery of sorted materials
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- Profit
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- McKinstry Skip Hire LimitedCrumlin · Recovery of sorted materials
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £285k), 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.