How much does City Metals Recycling Ltd make?

City Metals Recycling Ltd reported revenue of £41m and £117k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does City Metals Recycling Ltd have?

City Metals Recycling Ltd reported an average of 34 employees in the year to 31 Dec 2025.

Is City Metals Recycling Ltd profitable?

Yes — City Metals Recycling Ltd reported a profit of £117k in the year to 31 Dec 2025.

Company No. 07719785 · Incorporated 27 Jul 2011

City Metals Recycling Ltd

Registered name: CITY METALS RECYCLING LTD

City Metals Recycling Ltd made £41m revenue and £117k profit in the year to 31 Dec 2025.

City Metals Recycling Ltd’s revenue grew 6% to £41m in the year to 31 Dec 2025, with £117k profit and 34 employees. The company is classified under “recovery of sorted materials” and is based in Barking; 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: Barking, London
Age: 15 yrs · since 2011
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightBoring industryCash flow filed

Revenue

£41m

Growth ▲6%

Profit

£117k

Growth ▼66.7%

Profit margin

0.3%

Gross 8%

Employees

Change ▲9.7%

Profit / employee

£3.4k

Revenue/employee £1.2m

Profitable streak

2yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£69.9m	£53.7m	£38.6m	£41m
Cost of sales	£66.6m	£51.6m	£35.8m	£37.7m
Gross profit	£3.3m	£2.1m	£2.9m	£3.3m
Operating profit	£271k	−£131k	£225k	£224k
Profit before tax	£232k	−£203k	£147k	£83.8k
Profit after tax	£67.6k	−£353k	£350k	£117k
Profit (best available)	£67.6k	−£353k	£350k	£117k
Staff costs	£1.8m	£1.4m	£1.4m	£1.6m
Employees (average)	31	26	31	34
Ratios
Profit margin	0.1%	−0.7%	0.9%	0.3%
Gross margin	4.7%	4%	7.5%	8%
Revenue per employee	£2.3m	£2.1m	£1.2m	£1.2m
Profit per employee	£2.2k	−£13.6k	£11.3k	£3.4k
Cash conversion	−1170%	—	−805.4%	371.2%
Growth (year on year)
Revenue growth	—	—	▼28.1%	▲6%
Profit growth	—	—	—	▼66.7%
Headcount growth	—	—	▲19.2%	▲9.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£963k	£43.8k	£152k	£74.1k
Net assets	£1.7m	£1.1m	£1.3m	£1.2m
Fixed assets	£2.1m	£2.8m	£3m	£3m
Current assets	£7.2m	£6.1m	£4.5m	£7m
Debtors	£2.3m	£3m	£1.4m	£3.2m
Deferred income	£468k	£1.1m	£793k	£696k
Cash from operations	−£3.2m	£959k	−£1.8m	£830k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.3%; Profit ÷ revenue.
Gross margin: 8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £3.4k; Profit ÷ average employees.
Cash conversion: 371.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.3%; 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: 7.8%; 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: ▼6%; Now £1.2m
Cash at bank: ▼51%; Now £74.1k
Headcount: ▲10%; Now 34
Deferred income: ▼12%; Now £696k
Fixed assets: ▲0%; Now £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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £117k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.