Ems Waste Services Limited
Registered name: EMS WASTE SERVICES LIMITED
Part of A E Stuart Limited groupEms Waste Services Limited made £26.1m revenue and £3.1m profit in the year to 31 Mar 2025.
Ems Waste Services Limited’s revenue grew 9% to £26.1m in the year to 31 Mar 2025, with £3.1m profit and 109 employees. The company is classified under “collection of non-hazardous waste” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- Age
- 17 yrs · since 2008
- 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: “A E Stuart 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 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £22.2m | £23.8m | £26.1m |
| Cost of sales | £15.7m | £16.1m | £17.8m |
| Gross profit | £6.5m | £7.7m | £8.2m |
| Operating profit | £2.9m | £3.4m | £4.1m |
| Profit before tax | £2.9m | £3.4m | £4.1m |
| Profit after tax | £2.3m | £2.5m | £3.1m |
| Profit (best available) | £2.3m | £2.5m | £3.1m |
| Staff costs | £3.3m | £3.6m | £3.9m |
| Employees (average) | 108 | 107 | 109 |
| Ratios | |||
| Profit margin | 10.4% | 10.4% | 11.9% |
| Gross margin | 29.3% | 32.2% | 31.6% |
| Revenue per employee | £206k | £223k | £239k |
| Profit per employee | £21.4k | £23.2k | £28.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.2% | ▲9.4% |
| Profit growth | — | ▲7.8% | ▲24.8% |
| Headcount growth | — | ▼0.9% | ▲1.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.3m | £909k | £1.2m |
| Net assets | £8.8m | £9.3m | £10.9m |
| Fixed assets | £9m | £8.4m | £11.2m |
| Current assets | £4.5m | £6.4m | £6.5m |
| Debtors | £2.2m | £2.1m | £2.9m |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 11.9%
- Profit ÷ revenue.
- Gross margin
- 31.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £239k
- Revenue ÷ average employees.
- Profit per employee
- £28.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 43.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.3%
- 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
- ▲17%
- Now £10.9m
- Cash at bank
- ▲31%
- Now £1.2m
- Headcount
- ▲2%
- Now 109
- Deferred income
- —
- Now —
- Fixed assets
- ▲34%
- Now £11.2m
Group structure
Ownership chain
- A E Stuart Limitedultimate parent75–100%
- Ems Waste Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- County Skip Hire LimitedFigures not disclosed
- Wellington Waste Skips LimitedFigures not disclosed
- Yph Waste Management LtdFigures not disclosed
Sister companies (5)
- Stuarts Truck and Bus LimitedRev. £60.6m · Profit £2.5m
- A E Stuart NO2 LimitedFigures not disclosed
- Brooke Energy Group LimitedFigures not disclosed
- Exeter Waste to Energy LimitedFigures not disclosed
- Stuart Partners LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Clearabee LimitedLondon · Collection of non-hazardous waste
- Revenue
- £25.1m
- Profit
- £2.3m
- Staff
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- Swisco LimitedTorquay · Collection of non-hazardous waste
- Revenue
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- Allwood Recycling Solutions LimitedManchester · Collection of non-hazardous waste
- Revenue
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- Profit
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- Grist Environmental LimitedDevizes · Collection of non-hazardous waste
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- Shorts Group LimitedBracknell · Collection of non-hazardous waste
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- £24m
- Profit
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- W & S Waste Management LimitedPoole · Collection of non-hazardous waste
- Revenue
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.1m), 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.