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Company No. 15500575 · Incorporated 18 Feb 2024

Ian Thompson Waste Recycling Ltd

Registered name: IAN THOMPSON WASTE RECYCLING LTD

Ian Thompson Waste Recycling Ltd made £905k revenue and £232k profit in the year to 28 Feb 2025.

Ian Thompson Waste Recycling Ltd’s revenue was £905k in the year to 28 Feb 2025, with £232k profit and 3 employees. The company is classified under “remediation activities and other waste management services” and is based in Newcastle Upon Tyne.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services
Status
Active
Location
Newcastle Upon Tyne, North East
Age
2 yrs · since 2024
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamCapital-lightYoung and profitableBoring industry
Revenue
£905k
Growth —
Profit
£232k
Growth —
Profit margin
25.6%
Gross 36.3%
Employees
3
Change —
Profit / employee
£77.4k
Revenue/employee £302k
Profitable streak
1yr
Consecutive profitable years in our data

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 2025
DisclosureFull P&L
Profit & loss
Revenue (turnover)£905k
Cost of sales£577k
Gross profit£329k
Operating profit£232k
Profit before tax£232k
Profit after tax£232k
Profit (best available)£232k
Employees (average)3
Ratios
Profit margin25.6%
Gross margin36.3%
Revenue per employee£302k
Profit per employee£77.4k
Balance sheet — indirect signals, not revenue
Cash at bank£317k
Net assets£203k
Fixed assets£0
Current assets£330k
Debtors£1.2k
SourceFullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
25.6%
Profit ÷ revenue.
Gross margin
36.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£302k
Revenue ÷ average employees.
Profit per employee
£77.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.1%
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 £203k
Cash at bank
—
Now £317k
Headcount
—
Now 3
Deferred income
—
Now —
Fixed assets
—
Now £0
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £232k), from the Companies House accounts bulk data published Nov 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.