Community Metal Recycling CIC
Registered name: COMMUNITY METAL RECYCLING CIC
Community Metal Recycling CIC made £310k revenue and £12.7k profit in the year to 31 Jul 2024.
Community Metal Recycling CIC’s revenue grew 1041% to £310k in the year to 31 Jul 2024, with £12.7k profit and 2 employees. The company is classified under “collection of non-hazardous waste” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £27.2k | £310k |
| Cost of sales | £19.2k | £273k |
| Gross profit | £7.9k | £37k |
| Operating profit | £2.4k | £12.7k |
| Profit before tax | £2.4k | £12.7k |
| Profit after tax | £2.4k | £12.7k |
| Profit (best available) | £2.4k | £12.7k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 8.9% | 4.1% |
| Gross margin | 29.2% | 11.9% |
| Revenue per employee | £13.6k | £155k |
| Profit per employee | £1.2k | £6.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲1041% |
| Profit growth | — | ▲422.5% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £8.7k | £8.2k |
| Net assets | £2.5k | £12.8k |
| Fixed assets | £1.2k | £3.4k |
| Current assets | £11.5k | £13.9k |
| Debtors | £0 | £0 |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 4.1%
- Profit ÷ revenue.
- Gross margin
- 11.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £155k
- Revenue ÷ average employees.
- Profit per employee
- £6.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲406%
- Now £12.8k
- Cash at bank
- ▼6%
- Now £8.2k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now £0
- Fixed assets
- ▲181%
- Now £3.4k
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 Jul 2024 (profit £12.7k), from the Companies House accounts bulk data published Jun 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.