How much does M. & M. Skip Hire Limited make?

M. & M. Skip Hire Limited reported revenue of £12.2m and a loss of £626k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does M. & M. Skip Hire Limited have?

M. & M. Skip Hire Limited reported an average of 85 employees in the year to 31 Mar 2025.

Is M. & M. Skip Hire Limited profitable?

No — M. & M. Skip Hire Limited reported a loss of £626k in the year to 31 Mar 2025.

Company No. 02693780 · Incorporated 4 Mar 1992

M. & M. Skip Hire Limited

Registered name: M. & M. SKIP HIRE LIMITED

Part of Thrift Developments Limited group

M. & M. Skip Hire Limited made £12.2m revenue and a £626k loss in the year to 31 Mar 2025.

M. & M. Skip Hire Limited’s revenue grew 7% to £12.2m in the year to 31 Mar 2025, with a loss of £626k and 85 employees. The company is classified under “collection of non-hazardous waste” and is based in Oxfordshire; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste

Status: Active
Location: Oxfordshire, South East
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 Mar 2025

Key figures

Boring industryCash flow filed

Revenue

£12.2m

Growth ▲6.6%

Profit

−£626k

Growth ▼517.4%

Profit margin

−5.1%

Gross 13%

Employees

Change ▲4.9%

Profit / employee

−£7.4k

Revenue/employee £143k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.1m	£10.5m	£11.4m	£12.2m
Cost of sales	£8.4m	£8.9m	£9.4m	£10.6m
Gross profit	£2.7m	£1.6m	£2m	£1.6m
Operating profit	£637k	−£489k	£84.5k	−£530k
Profit before tax	£535k	−£575k	£14.4k	−£575k
Profit after tax	£455k	−£624k	£150k	−£626k
Profit (best available)	£455k	−£624k	£150k	−£626k
Employees (average)	80	84	81	85
Ratios
Profit margin	4.1%	−5.9%	1.3%	−5.1%
Gross margin	24.3%	15%	17.3%	13%
Revenue per employee	£139k	£125k	£141k	£143k
Profit per employee	£5.7k	−£7.4k	£1.9k	−£7.4k
Cash conversion	−320.7%	—	−1977%	—
Growth (year on year)
Revenue growth	—	▼5.3%	▲8.5%	▲6.6%
Profit growth	—	▼237.3%	—	▼517.4%
Headcount growth	—	▲5%	▼3.6%	▲4.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£513k	£1.4m	£1.3m
Net assets	£3.4m	£2.8m	£2.9m	£2.3m
Fixed assets	£4.9m	£5.3m	£3.9m	£2.7m
Current assets	£3.3m	£2.4m	£3.4m	£3.5m
Debtors	£1.2m	£1.3m	£1.3m	£1.4m
Cash from operations	−£2m	−£1m	−£1.7m	−£905k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −5.1%; Profit ÷ revenue.
Gross margin: 13%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £143k; Revenue ÷ average employees.
Profit per employee: −£7.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.7%; 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: ▼21%; Now £2.3m
Cash at bank: ▼5%; Now £1.3m
Headcount: ▲5%; Now 85
Deferred income: —; Now —
Fixed assets: ▼29%; Now £2.7m

Corporate ownership

Group structure

Ownership chain

Thrift Developments Limitedultimate parent75–100%
M. & M. Skip Hire Limitedthis company

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

Sister companies (3)

Chiltern Solar LimitedFigures not disclosed
Maylarch LimitedFigures not disclosed
Worton Farms LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£626k), from the Companies House accounts bulk data published Dec 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.