IMPACT RECYCLING 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

  +111.6%

  £2,316,966 → £4,902,859

• Cash

  -49.3%

  £1,024,571 → £519,575

  lowest in 5 filed years

• Net assets

  -55.7%

  £3,555,397 → £1,575,296

  lowest in 5 filed years

• Employees

  +23%

  61 → 75

  highest in 5 filed years

• Operating profit

  +39.3%

  -£3,717,818 → -£2,255,150

• Profit before tax

  +38.6%

  -£3,752,422 → -£2,305,812

• Wages

  +28.1%

  £2,072,270 → £2,655,161

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Drummond Laurie CA

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 the 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. IMPACT RECYCLING LIMITED · parent
   1. RRR Polymers Limited 100% · UK · Waste plastic recycling
   2. IR SPV3 Ltd 100% · UK · Waste plastic recycling
   3. IR SPV2 Ltd 100% · UK · Dormant

Significant events

• “Group has entered a strategically significant licensing and project management agreement with a leading European recycling operator.”
• “The licensee plans to develop a further facility in 2027, presenting additional recurring revenue potential.”
• “Glasgow Medical production trials, which are expected to convert to commercial contracts in 2025.”
• “Completing Durham 2D commissioning.”
• “In January 2025, 60,717 ordinary C shares were issued for £4,694,095. This was paid to the company prior to the year-end net of fees and is included in other creditors at 31 December 2024.”

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

Filings

12

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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