Impact Recycling Limited

Impact Recycling Ltd, based in Bellshill, UK, is a small holding company with an active status. Founded ten years ago in 2014, the company employs twenty people and holds assets totaling £1,609,807. With four directors and one owner, it operates from a real address and has been importing machinery, boilers, and mechanical appliances for a considerable 52 months, with the latest import in November 2024. It also exports plastics and plastic products, having done so for four months, with the last export in October 2024.

The company’s website details a breakthrough plastic recycling technology that separates mixed rigid plastic waste, recovering two consistent streams of post-consumer resin. It’s designed to be financially profitable and scalable, addressing a significant problem: bulky mixed rigid plastic accounts for 70% of plastics produced and 60% of waste plastic sent to landfill. Existing solutions either can’t technically separate this plastic or can’t do so economically. Impact Recycling’s BOSS technology, a water-based, colour-agnostic system, solves this by amplifying slight density differences between polymers.

Financially, Impact Recycling Ltd shows some concerning trends. While current assets grew by 30% to £1,600,000, net assets decreased by 4.1% to £7,700,000. Bank borrowings increased significantly, and cash reserves fell by 480% to £280,000. Trade debtors decreased by 29%, which is a good sign, but creditors increased by 8.2%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in equity raises questions. The company’s financial statements are unaudited, as it’s exempt.

Despite these challenges, Impact Recycling’s innovative technology and focus on sustainable plastic recycling position it for potential growth—though it will need to carefully manage its finances to ensure long-term success.

Registered in Scotland under the registration number SC489143, with a registered address at ML4 3NT, Scotland, Bellshill, 100 Inchinnan Road Bellshill Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.