Private limited company registered in Northampton, classed under “Manufacture of other plastic products” and 1 other activity.
Headline figures
FY to Dec 2024 · Company only
Turnover
For subscribers
Profit after tax
−£2.65m
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
4 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2020 | 2021* | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Profit after tax | −£2.65m | ||||
| Turnover | |||||
| Net assets | |||||
| Cash | |||||
| Employees | |||||
| Retained reserves |
Every figure for all 5 years
“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed assets | ||||
| Current assets | ||||
| of which debtors | ||||
| of which cash | ||||
| Creditors due within a year | ||||
| Net current assets | ||||
| Net assets | ||||
| Ratios | ||||
| Return on equityProfit after tax as a share of net assets | ||||
| Current ratioCurrent assets for every £1 owed within a year | ||||
| Cash ratioCash for every £1 owed within a year | ||||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | ||||
7 balance-sheet lines and 4 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does Innovate Recycle do?
Private limited company registered in Northampton, classed under “Manufacture of other plastic products” and 1 other activity. In its own words: “Innovate Recycle is the UK’s first true carpet recycling facility at the Chelveston Renewable Energy Innovation Park in Northamptonshire; providing a solution that reduces and removes material from landfill or incineration and reclaims for re-use component materials from post-consumer and industrial carpet waste.”
›How much turnover does Innovate Recycle make?
Answered in the full report
›Is Innovate Recycle profitable?
No: it made a loss after tax of £2.65m in the year to 31 December 2024, its latest filed accounts.
›How many people work at Innovate Recycle?
Answered in the full report
›Where is Innovate Recycle based?
Its registered office is Unit 2 Lodge Way, Lodge Farm Industrial Estate, Northampton, NN5 7US, in Northampton.
›When was Innovate Recycle founded?
Innovate Recycle Ltd was incorporated on 17 January 2018.
›Is Innovate Recycle still trading?
The register lists Innovate Recycle Ltd as active.