Peak Waste Recycling Limited
Registered name: PEAK WASTE RECYCLING LIMITED
Part of Pandagreen Limited groupPeak Waste Recycling Limited made £8.5m revenue and £1.1m profit in the year to 30 Dec 2024.
Peak Waste Recycling Limited’s revenue fell 35% to £8.5m in the year to 30 Dec 2024, with £1.1m profit and 62 employees. The company is classified under “recovery of sorted materials” and is based in Leeds; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Leeds, Yorkshire and The Humber
- Age
- 45 yrs · since 1981
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Dec 2023 | 30 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £10.6m | £13m | £8.5m |
| Cost of sales | £7.9m | £9.5m | £5.8m |
| Gross profit | £2.8m | £3.5m | £2.6m |
| Operating profit | £1.5m | £1.8m | £1.6m |
| Profit before tax | £1.4m | £1.7m | £1.5m |
| Profit after tax | £1.1m | £1.2m | £1.1m |
| Profit (best available) | £1.1m | £1.2m | £1.1m |
| Staff costs | £3m | £3.7m | £2.6m |
| Employees (average) | 81 | 80 | 62 |
| Ratios | |||
| Profit margin | 10.6% | 9.4% | 12.9% |
| Gross margin | 26% | 27.2% | 30.9% |
| Revenue per employee | £131k | £162k | £136k |
| Profit per employee | £14k | £15.2k | £17.6k |
| Cash conversion | 107.4% | 118.5% | 53% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼34.8% |
| Profit growth | — | — | ▼10.3% |
| Headcount growth | — | — | ▼22.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.1m | £2.3m | — |
| Net assets | £5.2m | £5.7m | £4.4m |
| Fixed assets | £3.6m | £3.9m | — |
| Current assets | £3.4m | £3.9m | £4.8m |
| Debtors | £1.1m | £987k | £4.8m |
| Deferred income | £98.3k | £580k | — |
| Cash from operations | £1.6m | £2.1m | £825k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 12.9%
- Profit ÷ revenue.
- Gross margin
- 30.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £136k
- Revenue ÷ average employees.
- Profit per employee
- £17.6k
- Profit ÷ average employees.
- Cash conversion
- 53%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 57.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼22%
- Now £4.4m
- Cash at bank
- —
- Now —
- Headcount
- ▼23%
- Now 62
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Pandagreen Limited (registered outside the UK register)ultimate parent75–100%
- DM Topco Limited75–100%
- Peak Waste Recycling Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (10)
- Scotwaste Recycling LimitedRev. £4.1m · Profit −£7.2k
- Tyrone Energy LtdRev. £2.5m · Profit £66.3k
- Fletchers Waste Management LimitedRev. £0 · Profit £3.5m
- Acumen Group Holdings LimitedFigures not disclosed
- Associated Waste Management LimitedFigures not disclosed
- Bagnall & Morris (Waste Services) LtdFigures not disclosed
- DM Holdco LimitedFigures not disclosed
- DM Opco LimitedFigures not disclosed
- JWS Holdings Group LimitedRev. — · Profit −£1.4m
- WSR Recycling LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.