# RECYCLING MATERIALS LIMITED (02450236)

> RECYCLING MATERIALS LIMITED is an active private limited company (company number 02450236) incorporated on 7 December 1989, registered in London. Its registered activity is recovery of sorted materials (SIC 38320). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £48k and cash of £72k, with 4 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 15% on the prior period (£56k).

- Status: Active
- Incorporated: 1989-12-07
- Registered office: London, SE12 8PU
- SIC 38320: Recovery of sorted materials
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-12-21
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the upper half of 99 comparable companies in London (median £11k, upper quartile £267k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £48k | £72k | £264 | £25k | — | — | 4 |
| 2024-03-31 | £56k | £77k | £274 | £22k | — | — | 5 |

current ratio 2.87; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £47,639 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.87
- Cash at bank of £50,000 or more: Cash £72,121
- Incorporated five or more years ago: Incorporated 7 December 1989

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr James O'Connell — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-07-01
- Mrs Irene O'Connell — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-07-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02450236
HTML: https://firmoscan.com/company/02450236-recycling-materials-limited