S & B Waste Management & Recycling Limited
Registered name: S & B WASTE MANAGEMENT & RECYCLING LIMITED
Part of S & B Industrial Investments Limited groupS & B Waste Management & Recycling Limited made £12.3m revenue and £2.3m profit in the year to 31 Mar 2025.
S & B Waste Management & Recycling Limited’s revenue fell 9% to £12.3m in the year to 31 Mar 2025, with £2.3m profit and 65 employees. The company is classified under “treatment and disposal of non-hazardous waste” and is based in Wolverhampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 33 yrs · since 1993
- 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 | 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) | £11.5m | £13.2m | £13.5m | £12.3m |
| Cost of sales | £8.7m | £9.4m | £8.5m | £8.3m |
| Gross profit | £2.7m | £3.9m | £5m | £4m |
| Operating profit | £2.1m | £2.7m | £4.2m | £3m |
| Profit before tax | £2.1m | £2.7m | £4.2m | £3.1m |
| Profit after tax | £1.7m | £2.2m | £3.1m | £2.3m |
| Profit (best available) | £1.7m | £2.2m | £3.1m | £2.3m |
| Staff costs | £1.7m | £1.9m | £2m | £2.2m |
| Employees (average) | 61 | 65 | 64 | 65 |
| Ratios | ||||
| Profit margin | 14.6% | 17% | 22.8% | 19% |
| Gross margin | 23.9% | 29.3% | 37.3% | 32.3% |
| Revenue per employee | £188k | £204k | £211k | £190k |
| Profit per employee | £27.5k | £34.6k | £48k | £36k |
| Cash conversion | −86.3% | −113.2% | −99.1% | −112.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲15.2% | ▲1.9% | ▼8.6% |
| Profit growth | — | ▲34% | ▲36.6% | ▼23.9% |
| Headcount growth | — | ▲6.6% | ▼1.5% | ▲1.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £488k | £256k | £509k | £686k |
| Net assets | £3.9m | £5.1m | £7.2m | £6.3m |
| Fixed assets | £317k | £812k | £724k | £560k |
| Current assets | £4.6m | £5.6m | £8.1m | £7.2m |
| Debtors | £3.2m | £3.1m | £2.8m | £2.5m |
| Cash from operations | −£1.8m | −£3.1m | −£4.1m | −£3.4m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 19%
- Profit ÷ revenue.
- Gross margin
- 32.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £190k
- Revenue ÷ average employees.
- Profit per employee
- £36k
- Profit ÷ average employees.
- Cash conversion
- −112.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.9%
- 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
- ▼12%
- Now £6.3m
- Cash at bank
- ▲35%
- Now £686k
- Headcount
- ▲2%
- Now 65
- Deferred income
- —
- Now —
- Fixed assets
- ▼23%
- Now £560k
Group structure
Ownership chain
- S & B Industrial Investments Limitedultimate parent75–100%
- S & B Waste Management & Recycling Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- P a Moody Recycling LimitedGateshead · Treatment and disposal of non-hazardous waste
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- Centralgrange Environmental Waste LimitedMerseyside · Treatment and disposal of non-hazardous waste
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- MVNC LtdCardiff · Treatment and disposal of non-hazardous waste
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- CWM Environmental Ltd.Carmarthen · Treatment and disposal of non-hazardous waste
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.3m), 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.