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Company No. 06382551 · Incorporated 26 Sep 2007

Nationwide Metal Recycling Limited

Registered name: NATIONWIDE METAL RECYCLING LIMITED

Nationwide Metal Recycling Limited made £26.9m revenue and £937k profit in the year to 31 Mar 2025.

Nationwide Metal Recycling Limited’s revenue grew 7% to £26.9m in the year to 31 Mar 2025, with £937k profit and 78 employees. The company is classified under “recovery of sorted materials” and is based in Ipswich; we hold 4 years of its filed accounts.

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

Key figures

IndependentBoring industryCash flow filed
Revenue
£26.9m
Growth ▲7.3%
Profit
£937k
Growth ▼14.8%
Profit margin
3.5%
Gross 13.8%
Employees
78
Change ▲5.4%
Profit / employee
£12k
Revenue/employee £345k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£29m£26.3m£25.1m£26.9m
Cost of sales£21.3m£20.3m£20.6m£23.2m
Gross profit£7.7m£6.1m£4.5m£3.7m
Operating profit£5.5m£3.8m£1.6m£1.1m
Profit before tax£5.5m£3.8m£1.7m£1.2m
Profit after tax£4.4m£3.1m£1.1m£937k
Profit (best available)£4.4m£3.1m£1.1m£937k
Staff costs£2.7m£3m£3.3m£3.5m
Employees (average)72737478
Ratios
Profit margin15.3%11.7%4.4%3.5%
Gross margin26.4%23.1%17.8%13.8%
Revenue per employee£403k£361k£339k£345k
Profit per employee£61.6k£42k£14.9k£12k
Cash conversion79.5%−12.9%91.5%71.3%
Growth (year on year)
Revenue growth—▼9.1%▼4.8%▲7.3%
Profit growth—▼30.8%▼64.2%▼14.8%
Headcount growth—▲1.4%▲1.4%▲5.4%
Balance sheet — indirect signals, not revenue
Cash at bank£3.7m£131k£71.6k£3.2m
Net assets£18.1m£21.2m£22.3m£23.3m
Fixed assets£7.1m£7.2m£7.7m£7.3m
Current assets£15.6m£17.6m£17.9m£19.6m
Debtors£1.5m£1.2m£1.5m£2.4m
Deferred income£417k£204k£241k£214k
Cash from operations£4.4m−£488k£1.5m£811k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
3.5%
Profit ÷ revenue.
Gross margin
13.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£345k
Revenue ÷ average employees.
Profit per employee
£12k
Profit ÷ average employees.
Cash conversion
71.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
27%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.8%
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
▲4%
Now £23.3m
Cash at bank
▲4349%
Now £3.2m
Headcount
▲5%
Now 78
Deferred income
▼11%
Now £214k
Fixed assets
▼5%
Now £7.3m

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 Mar 2025 (profit £937k), 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.