VEKA RECYCLING LIMITED
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Cash
£355K
-27.6% lowest in 3 filed years
Net assets
£9.2M
+103.4% highest in 3 filed years
Employees
52
+8.3% highest in 3 filed years
Profit before tax
-£325K
+75% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £9,443,107 | £11,713,434 | £12,643,673 | +7.9% | |
| Operating profit | -£2,321,358 | -£1,160,117 | -£282,105 | +75.7% | |
| Profit before tax | -£2,584,644 | -£1,299,048 | -£324,822 | +75% | |
| Net profit | -£2,043,173 | -£1,021,905 | -£303,066 | +70.3% | |
| Cash | £1,172,562 | £489,768 | £354,721 | -27.6% | |
| Total assets less current liabilities | £9,346,259 | £8,615,398 | £9,595,962 | +11.4% | |
| Net assets | £5,565,451 | £4,543,546 | £9,240,480 | +103.4% | |
| Equity | £5,565,451 | £4,543,546 | £9,240,480 | +103.4% | |
| Average employees | 50 | 48 | 52 | +8.3% | |
| Wages | £1,863,023 | £1,759,115 | £2,073,624 | +17.9% | |
| Directors' remuneration | £431,144 | £75,977 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -24.6% | -9.9% | -2.2% | |
| Net margin | -21.6% | -8.7% | -2.4% | |
| Return on capital employed | -24.8% | -13.5% | -2.9% | |
| Current ratio | 1.50x | 1.10x | 2.76x | |
| Interest cover | -8.80x | -7.97x | -6.55x |
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.
Name history
Renamed 2 times since incorporation
- VEKA RECYCLING LIMITED 2007-03-29 → present
- VEKA RECYLING LIMITED 2006-11-20 → 2007-03-29
- MARPLACE (NUMBER 691) LIMITED 2006-06-15 → 2006-11-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- 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 related to going concern.”
Significant events
- “There was a capital reduction during 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NAMAJI, Mohmed Yusuf | Secretary | 2024-02-02 | — | — |
| BATHGATE, Douglas James Rodger | Director | 2026-06-01 | May 1972 | British |
| BLADES, Sally Ann | Director | 2024-02-01 | Nov 1982 | British |
| EVANS, Neil | Director | 2023-12-12 | Jan 1970 | British |
| NAMAJI, Mohmed Yusuf | Director | 2024-03-01 | Aug 1986 | British |
| TAYLOR, Timothy Richard | Director | 2024-02-01 | Aug 1976 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CS SECRETARIES LIMITED | Corporate Secretary | 2006-06-15 | 2024-02-02 |
| BRUNS, Norbert | Director | 2006-12-21 | 2021-12-31 |
| BURROWS, Adam Lee | Director | 2024-02-01 | 2025-10-10 |
| CATTINI, Antony David | Director | 2007-05-02 | 2018-10-12 |
| CRAIG, Alistair | Director | 2023-01-01 | 2023-04-30 |
| HECKMANN, Martin | Director | 2016-01-01 | 2021-12-31 |
| KÖHLER, Steffen | Director | 2014-07-04 | 2019-01-31 |
| LIPINSKI-BARLTROP, Edward | Director | 2022-01-01 | 2022-12-31 |
| MACINTOSH, Alex Oliver | Director | 2023-01-01 | 2024-02-29 |
| SCHOLES, Simon | Director | 2016-01-01 | 2022-09-30 |
| SCHULER, Werner, Dr | Director | 2006-12-21 | 2014-10-31 |
| STOCKLEY, Stuart Alan | Director | 2022-10-17 | 2024-01-31 |
| CS DIRECTORS LIMITED | Corporate Director | 2006-06-15 | 2006-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Veka Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-01-02 | Active |
| Veka Umwelttechnik Gmbh | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2024-01-02 |
Filing timeline
Last 20 of 109 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-28 RESOLUTIONS Resolution
- 2025-12-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-28 | AA | accounts | Accounts with accounts type full | |
| 2026-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-20 | SH20 | capital | Legacy | |
| 2025-12-20 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-12-20 | CAP-SS | insolvency | Legacy | |
| 2025-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-19 | SH01 | capital | Capital allotment shares | |
| 2025-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-30 | CH01 | officers | Change person director company with change date | |
| 2024-06-18 | AA | accounts | Accounts with accounts type full | |
| 2024-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.