TMG Recyclingsolutions Limited
Registered name: TMG RECYCLINGSOLUTIONS LIMITED
TMG Recyclingsolutions Limited made £14.1k revenue and a £21.7k loss in the year to 31 Mar 2023.
TMG Recyclingsolutions Limited’s revenue fell 83% to £14.1k in the year to 31 Mar 2023, with a loss of £21.7k and 1 employee. The company is classified under “retail sale of mobile telephones” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 9 yrs · since 2017
- 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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £82.8k | £14.1k |
| Profit after tax | −£1.8k | −£21.7k |
| Profit (best available) | −£1.8k | −£21.7k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | −2.2% | −153.7% |
| Revenue per employee | — | £14.1k |
| Profit per employee | — | −£21.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▼82.9% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £3.4k | −£18.3k |
| Fixed assets | £1.4k | £1.3k |
| Current assets | £12k | £2.1k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −153.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £14.1k
- Revenue ÷ average employees.
- Profit per employee
- −£21.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.9%
- 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
- ▼638%
- Now −£18.3k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼10%
- Now £1.3k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£21.7k), from the Companies House accounts bulk data published Dec 2023. 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.