What RECYPLAS LIMITED does

Recyplas Limited is a UK-based plastic recycling company established in April 2012, operating a single reprocessing facility in Wimblington, Cambridgeshire. The company reprocesses LDPE, HDPE, and PP polythene waste into high-quality polymer compounds supplied to UK plastic moulders and extrusion manufacturers, alongside a toll processing and service recycling business that handles customer-owned scrap through pickup, sorting, cleaning, grinding, and return. It also purchases clean polythene flexible packaging waste from industrial producers, offering same-day pick-ups, warehousing, trailer provision, and net 30-day payment terms. The company is a fully owned subsidiary of Korean SPA Packaging (Pvt) Ltd, a Sri Lankan-based packaging group with multi-billion turnover, which provides financial backing and operational support to the nine-employee UK subsidiary. Sales are conducted on a direct, quote-based B2B model with compound quantities ranging from a single pallet to full lorry load, packaged in bulk bags or 25kg bags, and there is no public pricing or digital sales channel beyond the company website.

The business model rests on two complementary revenue streams: a gross-margin compound sales operation targeting virgin-replacement applications such as containers, bottles, pipes, cable insulation, and packaging films, and a fee-based service recycling offering that processes customers' own material. Distribution is single-country, direct-to-buyer, with no public channel partners, no e-commerce, and no international footprint. The company maintains a minimal marketing presence through its website and social media accounts, and has no disclosed management team, no external funding, no certifications, no patents, and no named customers. Strategic positioning is that of a capital-supported, niche-scale commodity recycler differentiated by processing capability, prompt payment terms, and logistical convenience rather than by technology, brand, or scale.

Name

RECYPLAS LIMITED

Legal name

Recyplas Ltd

Website

https://recyplas.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Recyplas is a UK-based plastic recycling company, founded 2012 and operating near Cambridge as a nine-employee subsidiary of Korean SPA Packaging. It reprocesses LDPE, HDPE, and PP waste into polymer compounds and offers toll grinding services to UK moulders and industrial waste producers.

Ownership category

akta.pro rank

Product category

Recycled Plastics & Polymer Compound Manufacturing

NAICS

Materials Recovery Facilities (562920), Recyclable Material Merchant Wholesalers (42393)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Recycled & Reprocessed Polymer Resin Manufacturing (rPET, rPP, rPE; PCR/PIR resins) (IMANAAAH)

akta.pro secondary industries

Post-Industrial Plastics Scrap Recovery & Regrind (IMANAMAB), Mechanical Recycling (Wash, Grind, Pelletize) (EUAIAKAB), Rigid Plastics Recycling (HDPE/PP, Injection/Blow Molded) (EUAIAKAF), Film & Flexible Plastics Recycling (LDPE/LLDPE, Multilayer) (EUAIAKAE)

Keywords

• Plastic recycling
• Polymer compounds
• LDPE HDPE PP
• Toll grinding
• Waste reprocessing

Headquarters

HQ city

Wimblington, Cambridgeshire

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Plastic Compound Sales: Recyplas generates revenue by selling reprocessed polythene compounds (LDPE, HDPE, PP) to manufacturers. They supply compounds in various forms including prime compound granules and reprocessed pellets, selling in quantities from single pallets to full lorry loads.
2. Plastic Waste Purchasing and Processing: Revenue is generated by purchasing plastic waste materials, processing them into compounds, and selling the resulting products. They pay competitive prices to suppliers of plastic waste and add value through their reprocessing capabilities.
3. Service Recycling and Toll Grinding: Provides toll processing and service recycling services to customers who want to process their own material. Creates recycling programs to help maximise value of customer scrap, offering closed-loop plastic recycling with pickup, processing and return services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Recyplas buys industrial plastic waste (primarily clean LDPE, HDPE, and PP polythene scrap) and reprocesses it in-house into recycled polymer compounds sold to plastic moulders and extruders. In parallel, the company offers fee-based toll grinding and closed-loop service recycling for customers that want their own material processed, with pickup, sorting, cleaning, grinding, and inspection handled internally. Compounds are supplied in bulk bags or 25kg bags, from single pallets up to full lorry loads.

Product overview

Recyplas operates as a plastic recycling company offering a portfolio of three recycled polymer compound products (LDPE, HDPE, and PP compounds) produced through their own processing facilities. These compound products are complemented by toll processing services for customers processing their own material, and a plastic waste purchasing operation. The company supplies compounds in various forms ranging from one pallet to full lorry loads, packaged in bulk bags or 25kg bags, primarily serving extrusion and moulding applications.

Differentiator

Problem solved

Functional benefit

Products and services

• LDPE (Low-Density Polyethylene) Compound Recycled LDPE pellets supplied in black or various colours on request, used in squeeze bottles, toys, carrier bags, high-frequency insulation, chemical tank linings, heavy-duty sacks, general packaging, and gas and water pipes. Sold to plastic moulders and extrusion manufacturers.
• HDPE (High-Density Polyethylene) Compound Recycled HDPE pellets supplied in off-natural and mixed-colour blends, with flexible, translucent/waxy, weatherproof properties. Used in chemical drums, jerricans, carboys, toys, household and kitchenware, cable insulation, carrier bags, food wrapping material, and cell liners in sanitary landfills. Sold to plastic moulders and extrusion manufacturers.
• PP (Polypropylene) Compound Recycled polypropylene pellets, a versatile polymer available as both plastic and fibre. Used in film extrusion, housewares, furniture, appliances, luggage, toys, battery cases, and carpeting fibres. Sold to plastic moulders and extrusion manufacturers.
• Toll Processing (Service Recycling & Toll Grinding) Fee-based closed-loop recycling service for customers who want their own plastic scrap processed, including pickup, sorting, cleaning, grinding, and return of processed material under in-house quality control.
• Plastic Waste Purchasing Buying clean polythene flexible packaging waste (mixed colours or natural) from industrial waste producers, with same-day pickups, warehousing, trailer provision, and net 30 day payment terms.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Biffa: UK-listed waste management company with significant recycling operations and polymer recovery activities. Competes indirectly in supplying recycled plastics to UK manufacturers and represents a scale benchmark for the category.
• Veolia UK: Major UK waste management and recycling operator with national MRF network and recycled polymer output. Comparable end markets and downstream PCR compounding activity, but operates at much greater scale and across multiple waste streams.
• Suez Recycling UK: Large UK recycling and waste services provider operating MRFs and producing secondary raw materials, including recycled plastics. Overlaps with Recyplas in providing recycled polymer feedstocks but with a much broader services portfolio.

Direct peers

• Plasgran: UK recycler specializing in reprocessing post-consumer and post-industrial plastics into high-grade polymer compounds. Competes head-to-head with Recyplas for UK moulding and extrusion customers buying recycled LDPE, HDPE, and PP.
• Centriforce Products: UK-based recycled plastics processor manufacturing compounds and extruded products from post-industrial and post-consumer waste. Directly comparable recycled-resin product offering and UK customer base.
• Jayplas: UK-based mechanical plastics recycler producing recycled polymer compounds for moulding and extrusion customers. Highly comparable business model and product set to Recyplas, focused on PCR LDPE/HDPE/PP supply into UK manufacturers.
• Regain Polymers: UK-based plastics recycler producing compounded recycled polymers for moulding and extrusion applications. Direct competitor to Recyplas in the recycled LDPE/HDPE/PP compound market serving UK manufacturers.

Emerging players

• MBA Polymers: Plastics recycler producing high-quality recycled polymer compounds from complex waste streams, with operations in the UK and beyond. Comparable in producing specification-grade recycled resins, though focused more on complex post-consumer feedstocks.
• Berry Plastics (RPC) bpi.recycled products: UK producer of recycled plastic products and compounds using post-consumer and post-industrial feedstocks. Comparable recycled-polymer product line and UK customer base, though part of a larger corporate group.

Regional players

• KW Plastics: One of the world's largest recyclers of HDPE and PP, producing PCR resins for moulding and packaging. Comparable in producing recycled polyolefin compounds but operates from the US rather than UK/EU markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/recyplas-limited

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RECYPLAS LIMITED