RECYCLING UK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +19.7%

  £22,575,460 → £27,011,935

• Cash

  +35%

  £1,713,333 → £2,312,751

  highest in 5 filed years

• Net assets

  +4.9%

  £3,681,310 → £3,859,985

  highest in 3 filed years

• Employees

  -5.7%

  35 → 33

• Operating profit

  -56.9%

  £391,783 → £168,966

• Profit before tax

  -45.3%

  £473,307 → £258,988

• Wages

  +2.3%

  £1,584,241 → £1,620,215

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. RECYCLING UK LIMITED 2004-11-30 → present
2. FIBRE RECYCLING UK LIMITED 1998-06-22 → 2004-11-30
3. SPEED 7109 LIMITED 1998-05-13 → 1998-06-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. RECYCLING UK LIMITED · parent
   1. Papersort UK Limited 100% · Waste recycling

Significant events

• “Due to the ongoing challenges the global economy faces, there has been a corresponding drop in demand and price for goods within the industry. However, the company remains in a strong position returning strong profit margins and continues to invest in infrastructure. There is some optimism that the market will improve in the coming months.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.