Upcycled Ltd
Registered name: UPCYCLED LTD
Upcycled Ltd made £26.8k revenue and a £49.7k loss in the year to 30 Apr 2025.
Upcycled Ltd’s revenue fell 39% to £26.8k in the year to 30 Apr 2025, with a loss of £49.7k and 1 employee. The company is classified under “treatment and disposal of non-hazardous waste” and is based in Salisbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Salisbury, South West
- Age
- 12 yrs · since 2014
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.9k | £41.3k | £44k | £26.8k |
| Profit after tax | −£3.4k | −£39.2k | −£27.2k | −£49.7k |
| Profit (best available) | −£3.4k | −£39.2k | −£27.2k | −£49.7k |
| Staff costs | £7.5k | £7.6k | £7.8k | £300 |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | −20.4% | −95% | −61.7% | −185.6% |
| Revenue per employee | — | £41.3k | £44k | £26.8k |
| Profit per employee | — | −£39.2k | −£27.2k | −£49.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲144.2% | ▲6.6% | ▼39.2% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £9k | £8.5k | £7.5k | £7.1k |
| Fixed assets | £8.5k | £8k | £7.6k | £7.1k |
| Current assets | £500 | £500 | £0 | £0 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −185.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £26.8k
- Revenue ÷ average employees.
- Profit per employee
- −£49.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 26.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼6%
- Now £7.1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼6%
- Now £7.1k
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£49.7k), from the Companies House accounts bulk data published Nov 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.