How much does Allwood Recycling Solutions Limited make?

Allwood Recycling Solutions Limited reported revenue of £24.5m and £2.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Allwood Recycling Solutions Limited have?

Allwood Recycling Solutions Limited reported an average of 134 employees in the year to 31 Dec 2025.

Is Allwood Recycling Solutions Limited profitable?

Yes — Allwood Recycling Solutions Limited reported a profit of £2.1m in the year to 31 Dec 2025.

Company No. 07155029 · Incorporated 11 Feb 2010

Allwood Recycling Solutions Limited

Registered name: ALLWOOD RECYCLING SOLUTIONS LIMITED

Part of Palatine Impact GP II LLP group

Allwood Recycling Solutions Limited made £24.5m revenue and £2.1m profit in the year to 31 Dec 2025.

Allwood Recycling Solutions Limited’s revenue grew 18% to £24.5m in the year to 31 Dec 2025, with £2.1m profit and 134 employees. The company is classified under “collection of non-hazardous waste” and is based in Manchester; we hold 5 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste

Status: Active
Location: Manchester, North West
Age: 16 yrs · since 2010
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£24.5m

Growth ▲17.9%

Profit

£2.1m

Growth ▲14.5%

Profit margin

8.4%

Gross 19.4%

Employees

134

Change ▲6.3%

Profit / employee

£15.3k

Revenue/employee £183k

Profitable streak

5yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.5m	£16.2m	£15.4m	£20.8m	£24.5m
Cost of sales	£11.5m	£13.2m	£12.1m	£16.7m	£19.8m
Gross profit	£3m	£3m	£3.3m	£4.1m	£4.7m
Operating profit	£2m	£2m	£2.1m	£2.4m	£2.8m
Profit before tax	£2m	£2m	£2.1m	£2.4m	£2.8m
Profit after tax	£1.7m	£1.6m	£1.6m	£1.8m	£2.1m
Profit (best available)	£1.7m	£1.6m	£1.6m	£1.8m	£2.1m
Staff costs	£3m	£3.2m	£3.1m	£4.2m	£4.9m
Employees (average)	106	114	118	126	134
Ratios
Profit margin	11.5%	10.1%	10.4%	8.6%	8.4%
Gross margin	20.9%	18.7%	21.4%	19.8%	19.4%
Revenue per employee	£137k	£142k	£130k	£165k	£183k
Profit per employee	£15.6k	£14.4k	£13.5k	£14.2k	£15.3k
Cash conversion	−91.9%	−116.5%	−67.2%	−93.7%	−85.8%
Growth (year on year)
Revenue growth	—	▲12.1%	▼5.3%	▲35.2%	▲17.9%
Profit growth	—	▼1.1%	▼2.8%	▲12.6%	▲14.5%
Headcount growth	—	▲7.5%	▲3.5%	▲6.8%	▲6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.4m	£1.3m	£1.6m	£1.9m
Net assets	£500k	£1.6m	£3.2m	£4m	£5.6m
Fixed assets	£619k	£549k	£1.1m	£1.5m	£1.7m
Current assets	£3.1m	£3.6m	£4.5m	£5.5m	£6.7m
Debtors	£1.8m	£1.8m	£2.3m	£3.1m	£4.5m
Deferred income	£79.6k	£72.3k	£156k	£61.1k	£97.8k
Cash from operations	−£1.9m	−£2.4m	−£1.4m	−£2.2m	−£2.4m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 8.4%; Profit ÷ revenue.
Gross margin: 19.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £183k; Revenue ÷ average employees.
Profit per employee: £15.3k; Profit ÷ average employees.
Cash conversion: −85.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.2%; 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: ▲39%; Now £5.6m
Cash at bank: ▲18%; Now £1.9m
Headcount: ▲6%; Now 134
Deferred income: ▲60%; Now £97.8k
Fixed assets: ▲19%; Now £1.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Palatine Impact GP II LLPultimate parent50–75%
Project Jasmine Topco Limited75–100%
Project Jasmine Bidco Limited75–100%
Papilo Holdings Limited75–100%
Papilo Limited75–100%
Allwood Recycling Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Rekk Recycling LtdFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.1m), from the Companies House accounts bulk data published Jun 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.