How much does European Asbestos Services Limited make?

European Asbestos Services Limited reported revenue of £12.2m and £1.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does European Asbestos Services Limited have?

European Asbestos Services Limited reported an average of 82 employees in the year to 31 Dec 2025.

Is European Asbestos Services Limited profitable?

Yes — European Asbestos Services Limited reported a profit of £1.2m in the year to 31 Dec 2025.

Company No. 02933074 · Incorporated 25 May 1994

European Asbestos Services Limited

Registered name: EUROPEAN ASBESTOS SERVICES LIMITED

European Asbestos Services Limited made £12.2m revenue and £1.2m profit in the year to 31 Dec 2025. read from filing text

European Asbestos Services Limited’s revenue grew 16% to £12.2m in the year to 31 Dec 2025, with £1.2m profit and 82 employees. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: London, London
Age: 32 yrs · since 1994
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed

Revenue

£12.2m

Growth ▲16.5%

Profit

£1.2m

Growth ▲46.7%

Profit margin

10.1%

Gross 40.3%

Employees

Change ▲15.5%

Profit / employee

£15k

Revenue/employee £149k

Profitable streak

2yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£10.5m	£12.2m
Cost of sales	—	—	£6.4m	£7.3m
Gross profit	—	—	£4.1m	£4.9m
Operating profit	—	—	£1.1m	£1.6m
Profit before tax	—	—	£1.1m	£1.6m
Profit after tax	—	—	£836k	£1.2m
Profit (best available)	—	—	£836k	£1.2m
Staff costs	—	—	£4.2m	£4.9m
Employees (average)	58	62	71	82
Ratios
Profit margin	—	—	8%	10.1%
Gross margin	—	—	39.3%	40.3%
Revenue per employee	—	—	£147k	£149k
Profit per employee	—	—	£11.8k	£15k
Cash conversion	—	—	100.4%	84.2%
Growth (year on year)
Revenue growth	—	—	—	▲16.5%
Profit growth	—	—	—	▲46.7%
Headcount growth	—	▲6.9%	▲14.5%	▲15.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.7m	£2.2m	£3.2m
Net assets	£3.7m	£2.8m	£3.6m	£4.6m
Fixed assets	£712k	£839k	£1m	£1.1m
Current assets	£3.9m	£3.8m	£4.3m	£5.7m
Debtors	£608k	£1.1m	£931k	£1m
Deferred income	£133k	£128k	£146k	£138k
Cash from operations	—	—	£1.1m	£1.3m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 10.1%; Profit ÷ revenue.
Gross margin: 40.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £149k; Revenue ÷ average employees.
Profit per employee: £15k; Profit ÷ average employees.
Cash conversion: 84.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.3%; 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: ▲28%; Now £4.6m
Cash at bank: ▲42%; Now £3.2m
Headcount: ▲15%; Now 82
Deferred income: ▼5%; Now £138k
Fixed assets: ▲3%; Now £1.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Jun 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.