Mick George Recycling Limited
Registered name: MICK GEORGE RECYCLING LIMITED
Part of Heidelberg Materials Ag groupMick George Recycling Limited made £68.1m revenue and a £1.2m loss in the year to 31 Dec 2024.
Mick George Recycling Limited’s revenue was £68.1m in the year to 31 Dec 2024, with a loss of £1.2m and 230 employees. The company is classified under “remediation activities and other waste management services” and is based in Maidenhead; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Maidenhead
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | £51m | £49.8m | £49.8m | £68.1m |
| Cost of sales | −£36.9m | −£38.6m | −£41.1m | −£57.3m |
| Gross profit | £14.1m | £11.1m | £8.6m | £10.8m |
| Operating profit | £880k | £206k | £532k | −£858k |
| Profit before tax | −£2.7m | £533k | £55.8k | −£1.5m |
| Profit after tax | −£2.3m | £225k | −£30.5k | −£1.2m |
| Profit (best available) | −£2.3m | £225k | −£30.5k | −£1.2m |
| Employees (average) | — | — | 220 | 230 |
| Ratios | ||||
| Profit margin | −4.6% | 0.4% | −0.1% | −1.7% |
| Gross margin | 27.6% | 22.4% | 17.3% | 15.8% |
| Revenue per employee | — | — | £226k | £296k |
| Profit per employee | — | — | −£139 | −£5.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.4% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Jan 2026 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 15.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £296k
- Revenue ÷ average employees.
- Profit per employee
- −£5.1k
- 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.
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
- —
- Now 230
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Heidelberg Materials Ag (registered outside the UK register)ultimate parent75–100%
- Heidelberg Materials UK Holding Limited75–100%
- Lehigh UK Limited75–100%
- Hanson Limited75–100%
- Hanson Holdings Limited75–100%
- Hanson Holdings (3) Limited75–100%
- Uds (No 10)75–100%
- Hanson Quarry Products Europe Limited75–100%
- Mick George Limited75–100%
- Mick George Recycling Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Mick George Demolition LimitedFigures not disclosed
Sister companies (7)
- DRBS East LimitedFigures not disclosed
- Frimstone LimitedFigures not disclosed
- Mick George Concrete LimitedFigures not disclosed
- Mick George Earthworks LimitedFigures not disclosed
- Mick George Ebt Trustee LimitedFigures not disclosed
- Mick George Environmental LimitedFigures not disclosed
- Mick George Mepal LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£1.2m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026