Textile Recycling International Newco Limited
Registered name: TEXTILE RECYCLING INTERNATIONAL NEWCO LIMITED
Part of Textile Recycling International Topco Limited groupTextile Recycling International Newco Limited made £3.7m revenue and a £808k loss in the year to 31 Mar 2025.
Textile Recycling International Newco Limited’s revenue was £3.7m in the year to 31 Mar 2025, with a loss of £808k and 22 employees. The company is classified under “activities of head offices” and is based in Wolverhampton.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 Company's immediate parent undertaking is Textile Recycling International Topco Limited, a Company registered in England and Wales. At the reporting date, the Company’s ultimate parent undertaking”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2025 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £3.7m |
| Gross profit | £3.7m |
| Operating profit | −£817k |
| Profit before tax | −£817k |
| Profit after tax | −£808k |
| Profit (best available) | −£808k |
| Staff costs | £2.7m |
| Employees (average) | 22 |
| Ratios | |
| Profit margin | −22.1% |
| Gross margin | 100% |
| Revenue per employee | £166k |
| Profit per employee | −£36.7k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £232k |
| Net assets | £8.7m |
| Fixed assets | £9.5m |
| Current assets | £447k |
| Debtors | £216k |
| Deferred income | £855k |
| Source | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −22.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £166k
- Revenue ÷ average employees.
- Profit per employee
- −£36.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 260.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 23.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.9%
- 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 £8.7m
- Cash at bank
- —
- Now £232k
- Headcount
- —
- Now 22
- Deferred income
- —
- Now £855k
- Fixed assets
- —
- Now £9.5m
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
- Textile Recycling International Topco Limitedultimate parent75–100%
- Textile Recycling International Newco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- JMP Wilcox & Co LimitedRev. £24.8m · Profit £455k
- Nathans Waste Savers LimitedRev. £23.1m · Profit £222k
- Hotpursuit Enterprises LimitedRev. £18.9m · Profit £302k
- SWD Premier Clothing Exports LimitedRev. £15.2m · Profit £587k
- All Textile Solutions LtdFigures not disclosed
- Bag IT Up LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£808k), from the Companies House accounts bulk data published Apr 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.