How much does L.a.s. Recycling Limited make?

L.a.s. Recycling Limited reported revenue of £9.8m and £724k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does L.a.s. Recycling Limited have?

L.a.s. Recycling Limited reported an average of 69 employees in the year to 31 Dec 2025.

Is L.a.s. Recycling Limited profitable?

Yes — L.a.s. Recycling Limited reported a profit of £724k in the year to 31 Dec 2025.

Company No. 02676054 · Incorporated 9 Jan 1992

L.a.s. Recycling Limited

Registered name: L.A.S. RECYCLING LIMITED

Part of Las Holdings Limited group

L.a.s. Recycling Limited made £9.8m revenue and £724k profit in the year to 31 Dec 2025. read from filing text

L.a.s. Recycling Limited’s revenue grew 15% to £9.8m in the year to 31 Dec 2025, with £724k profit and 69 employees. The company is classified under “collection of non-hazardous waste” and is based in Ceredigion; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste SIC 38120Collection of hazardous waste SIC 38320Recovery of sorted materials

Status: Active
Location: Ceredigion, Wales
Age: 34 yrs · since 1992
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.

Latest accounts · year to 31 Dec 2025

Key figures

Boring industry

Revenue

£9.8m

Growth ▲14.8%

Profit

£724k

Growth ▼23.6%

Profit margin

7.3%

Gross 32.2%

Employees

Change ▲17%

Profit / employee

£10.5k

Revenue/employee £143k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£7.9m	£8.6m	£9.8m
Cost of sales	£5.5m	£5.8m	£6.7m
Gross profit	£2.3m	£2.8m	£3.2m
Operating profit	£949k	£1.3m	£1.3m
Profit before tax	£925k	£1.3m	£1.3m
Profit after tax	£842k	£948k	£724k
Profit (best available)	£842k	£948k	£724k
Staff costs	£1.7m	£2.1m	£2.7m
Employees (average)	54	59	69
Ratios
Profit margin	10.7%	11.1%	7.3%
Gross margin	29.8%	32.5%	32.2%
Revenue per employee	£146k	£145k	£143k
Profit per employee	£15.6k	£16.1k	£10.5k
Growth (year on year)
Revenue growth	—	▲9.1%	▲14.8%
Profit growth	—	▲12.5%	▼23.6%
Headcount growth	—	▲9.3%	▲17%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£1.5m	£2m
Net assets	£5m	£5.8m	£6.3m
Fixed assets	£5.9m	£6.4m	£6.7m
Current assets	£3.7m	£4.5m	£5.9m
Debtors	£971k	£1.5m	£1.7m
Deferred income	£570k	£557k	£545k
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 7.3%; Profit ÷ revenue.
Gross margin: 32.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £143k; Revenue ÷ average employees.
Profit per employee: £10.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 68.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲9%; Now £6.3m
Cash at bank: ▲31%; Now £2m
Headcount: ▲17%; Now 69
Deferred income: ▼2%; Now £545k
Fixed assets: ▲5%; Now £6.7m

Corporate ownership

Group structure

Ownership chain

Las Holdings Limitedultimate parent75–100%
L.a.s. Recycling Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

L a S Property Wales LimitedFigures not disclosed
L.a.s. Waste LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £724k), from the Companies House accounts bulk data published Sep 2026. 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.