Vanden Recycling Limited
Registered name: VANDEN RECYCLING LIMITED
Vanden Recycling Limited made £33.7m revenue and £18.9k profit in the year to 31 Mar 2025. read from filing text
Vanden Recycling Limited’s revenue grew 1% to £33.7m in the year to 31 Mar 2025, with £18.9k profit and 59 employees. The company is classified under “wholesale of waste and scrap” and is based in Lisburn; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lisburn, Northern Ireland
- Age
- 14 yrs · since 2012
- 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 immediate and ultimate parent company is considered to be Vanden Global Limited, a company registered in Hong Kong. The company is considered to be both the immediate and ultimate parent 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 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £21.2m | £34.1m | £33.5m | £33.7m |
| Cost of sales | £17.5m | £28.8m | £27.7m | £26.9m |
| Gross profit | £3.7m | £5.3m | £5.8m | £6.8m |
| Operating profit | £249k | £88.8k | −£695k | £107k |
| Profit before tax | £227k | £20.9k | −£781k | £18.9k |
| Profit after tax | £189k | −£7.3k | −£781k | £18.9k |
| Profit (best available) | £189k | −£7.3k | −£781k | £18.9k |
| Staff costs | £1.7m | £2.7m | £3.6m | £3.5m |
| Employees (average) | 40 | 48 | 65 | 59 |
| Ratios | ||||
| Profit margin | 0.9% | 0% | −2.3% | 0.1% |
| Gross margin | 17.4% | 15.5% | 17.3% | 20.2% |
| Revenue per employee | £529k | £711k | £515k | £572k |
| Profit per employee | £4.7k | −£153 | −£12k | £321 |
| Cash conversion | 29.2% | −622.6% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲61.3% | ▼1.9% | ▲0.7% |
| Profit growth | — | ▼103.9% | — | — |
| Headcount growth | — | ▲20% | ▲35.4% | ▼9.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £370k | £15.3k | £266k | £40.2k |
| Net assets | £1.6m | £1.6m | £821k | £840k |
| Fixed assets | £1.6m | £2m | £2.1m | £1.8m |
| Current assets | £6.8m | £6.8m | £6.5m | £8.2m |
| Debtors | £4m | £3.6m | £2.9m | £3.4m |
| Deferred income | £70.6k | £137k | £510k | £577k |
| Cash from operations | £72.7k | −£553k | — | — |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 20.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £572k
- Revenue ÷ average employees.
- Profit per employee
- £321
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.1%
- 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
- ▲2%
- Now £840k
- Cash at bank
- ▼85%
- Now £40.2k
- Headcount
- ▼9%
- Now 59
- Deferred income
- ▲13%
- Now £577k
- Fixed assets
- ▼14%
- Now £1.8m
Group structure
Subsidiaries (1)
- Vanden Polymers LimitedFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Newbery Metals LimitedMarsh Barton, · Wholesale of waste and scrap
- Revenue
- £34.1m
- Profit
- £1.3m
- Staff
- 33
- Ar Trading Services LtdLondon · Wholesale of waste and scrap
- Revenue
- £35.9m
- Profit
- £4.2m
- Staff
- 36
- W.N. Thomas & Sons LimitedSlough · Wholesale of waste and scrap
- Revenue
- £31.1m
- Profit
- £330k
- Staff
- 25
- Northern Metal Recycling LtdShildon · Wholesale of waste and scrap
- Revenue
- £30.8m
- Profit
- £2.3m
- Staff
- 25
- Redcorn LimitedPurfleet-on-Thames · Wholesale of waste and scrap
- Revenue
- £37.8m
- Profit
- £874k
- Staff
- 151
- Flexdart LimitedBirmingham · Wholesale of waste and scrap
- Revenue
- £41.1m
- Profit
- £909k
- Staff
- 47
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £18.9k), from the Companies House accounts bulk data published Dec 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.