P A MOODY 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

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

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. During the year, the group breached one of the covenants on its loans with its bankers at the end of quarter one. Whilst the bank has not formally waived the breach it has formally acknowledged it and has stated that it will take no further action in respect of it. The group is achieving the covenant at the end of quarter two and is forecasting to comfortably continue to do so going forward. The group are currently in advanced discussions with the bank to obtain additional credit facilities to fund growth and the directors believe that this illustrates the bank's continuing support of the group. Accordingly the directors are satisfied that there is no risk to going concern in respect of this issue.”

Group structure

1. P A MOODY RECYCLING LIMITED · parent
   1. GAP Ice Ltd 100% · England and Wales · The operation of refrigeration plant

Significant events

• “PA Moody Recycling Ltd delivered strong results for 2024, achieving turnover of £11.86 million (17.5% growth) with impressive expansion in market reach and operational capability.”
• “The firm maintained prudent financial management, reducing liabilities and securing additional credit facilities to support growth.”
• “Ongoing market expansion is supported by technological innovation, regulatory alignment, and disruption ready processes including rare earth metals recovery. Strategic investments in processing and market research position PA Moody Recycling to capture additional market share and deliver sustainable growth.”
• “Key priorities for 2025: Plant upgrades for improved WEEE throughput and recyclate quality.”
• “Key priorities for 2025: Initial deployment of advanced sorting automation and analytics, following industry trends toward digital and Al-driven operations.”
• “Revenue Growth: During the past fiscal year, we achieved a great deal, representing an impressive year-over-year growth rate of 17.46%.”
• “We are currently involved with several industry disruptive technologies which will come to market over the next 12-18 months. These innovations are dealing with Rare Earth Metals (REMs) which is becoming a major world wide issue.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +195.7%

  £496,533 → £1,468,054

• Net assets

  +35.3%

  £5,230,202 → £7,076,625

  highest in 4 filed years

• Employees

  +9.7%

  72 → 79

• Profit before tax

  +8.6%

  £1,824,424 → £1,981,400

• Wages

  +19.8%

  £3,235,128 → £3,874,976

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers