L&S Waste Management Limited
Registered name: L&S WASTE MANAGEMENT LIMITED
Part of Biffa Bidco Limited groupL&S Waste Management Limited made £33.5m revenue and a £1.5m loss in the year to 31 Mar 2025.
L&S Waste Management Limited’s revenue fell 2% to £33.5m in the year to 31 Mar 2025, with a loss of £1.5m and 158 employees. The company is classified under “collection of non-hazardous waste” and is based in High Wycombe; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- High Wycombe, South East
- Age
- 28 yrs · since 1997
- 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. From the filing: “The immediate parent undertaking is Grace Holdings Limited.”
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £30.7m | £33.2m | £34m | £33.5m |
| Cost of sales | £23.9m | £27.3m | £28.3m | −£27.6m |
| Gross profit | £6.8m | £5.9m | £5.7m | £5.9m |
| Operating profit | £3.3m | £2.3m | £1.9m | −£1.8m |
| Profit before tax | £3.2m | £2.2m | £1.8m | −£1.9m |
| Profit after tax | £2.6m | £1.9m | £1.4m | −£1.5m |
| Profit (best available) | £2.6m | £1.9m | £1.4m | −£1.5m |
| Staff costs | £7.3m | £7.6m | £8m | — |
| Employees (average) | 142 | 155 | 157 | 158 |
| Ratios | ||||
| Profit margin | 8.4% | 5.7% | 4% | −4.6% |
| Gross margin | 22.1% | 17.7% | 16.7% | 17.5% |
| Revenue per employee | £216k | £214k | £217k | £212k |
| Profit per employee | £18.1k | £12.1k | £8.6k | −£9.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲8.1% | ▲2.6% | ▼1.6% |
| Profit growth | — | ▼26.9% | ▼28% | ▼212.7% |
| Headcount growth | — | ▲9.2% | ▲1.3% | ▲0.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5m | £1.4m | £1.7m | — |
| Net assets | £7m | £8.2m | £9.5m | — |
| Fixed assets | £7.8m | £9.3m | £8m | — |
| Current assets | £9.7m | £11.2m | £12.5m | — |
| Debtors | £4.3m | £4.9m | £4.4m | — |
| Deferred income | £892k | £894k | £907k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −4.6%
- Profit ÷ revenue.
- Gross margin
- 17.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £212k
- Revenue ÷ average employees.
- Profit per employee
- −£9.7k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲1%
- Now 158
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Biffa Bidco Limitedultimate parent75–100%
- Biffa Limited75–100%
- Biffa Group Limited75–100%
- Biffa Group Holdings (UK) Limited75–100%
- Biffa Corporate Holdings Limited75–100%
- Reclamation and Disposal Limited75–100%
- Biffa Holdings Limited75–100%
- Biffa Waste Services Limited75–100%
- Chamley Holdings Limited75–100%
- Grace Holdings Limited75–100%
- L&S Waste Management Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Lift & Shift Skip Hire LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£1.5m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.