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Company No. 06145068 · Incorporated 8 Mar 2007

North West Recycling Limited

Registered name: NORTH WEST RECYCLING LIMITED

North West Recycling Limited made £29.6m revenue and £588k profit in the year to 31 Dec 2025.

North West Recycling Limited’s revenue grew 12% to £29.6m in the year to 31 Dec 2025, with £588k profit and 122 employees. The company is classified under “recovery of sorted materials” and is based in Carlisle; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials
Status
Active
Location
Carlisle, North West
Age
19 yrs · since 2007
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverageBoring industry
Revenue
£29.6m
Growth ▲11.9%
Profit
£588k
Growth ▲129.5%
Profit margin
2%
Gross 46%
Employees
122
Change 0%
Profit / employee
£4.8k
Revenue/employee £243k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£22.2m£26.5m£29.6m
Cost of sales−£17.3m−£21.4m−£16m
Gross profit£5m£5.1m£13.6m
Operating profit£2m£1.3m£1.2m
Profit before tax£1.8m£1.2m£985k
Profit after tax£1.4m£256k£588k
Profit (best available)£1.4m£256k£588k
Employees (average)89122122
Ratios
Profit margin6.1%1%2%
Gross margin22.4%19.2%46%
Revenue per employee£250k£217k£243k
Profit per employee£15.3k£2.1k£4.8k
Growth (year on year)
Revenue growth—▲19.1%▲11.9%
Profit growth—▼81.1%▲129.5%
Headcount growth—▲37.1%0%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Dec 2025Accounts · bulk data Dec 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2%
Profit ÷ revenue.
Gross margin
46%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£243k
Revenue ÷ average employees.
Profit per employee
£4.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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.
Indirect — not revenue

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 —
Cash at bank
—
Now —
Headcount
0%
Now 122
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £588k), from the Companies House accounts bulk data published Sep 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.