Lancashire Waste Recycling Limited
Registered name: LANCASHIRE WASTE RECYCLING LIMITED
Part of Lancashire Waste Recycling (Holdings) Limited groupLancashire Waste Recycling Limited made £36.3m revenue and £2m profit in the year to 28 Feb 2025. read from filing text
Lancashire Waste Recycling Limited’s revenue grew 12% to £36.3m in the year to 28 Feb 2025, with £2m profit and 26 employees. The company is classified under “recovery of sorted materials” and is based in Fleetwood; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fleetwood, North West
- Age
- 16 yrs · since 2010
- 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 and ultimate parent company is Lancashire Waste Recycling (Holdings) Ltd, a company incorporated in England and Wales with the registered office of Rees House, Burn Hall Industrial Estat”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £24.2m | £27m | £32.5m | £36.3m |
| Cost of sales | £20.8m | £24m | £28m | £30.9m |
| Gross profit | £3.4m | £3m | £4.4m | £5.4m |
| Operating profit | £2m | £1.5m | £2.5m | £3.3m |
| Profit before tax | £1.6m | £1.2m | £1.9m | £2.6m |
| Profit after tax | £1.2m | £929k | £1.4m | £2m |
| Profit (best available) | £1.2m | £929k | £1.4m | £2m |
| Staff costs | £755k | £765k | £832k | £1m |
| Employees (average) | 23 | 22 | 21 | 26 |
| Ratios | ||||
| Profit margin | 5% | 3.4% | 4.3% | 5.4% |
| Gross margin | 14.1% | 11% | 13.6% | 14.9% |
| Revenue per employee | £1.1m | £1.2m | £1.5m | £1.4m |
| Profit per employee | £52.6k | £42.2k | £66k | £75.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.4% | ▲20.3% | ▲11.9% |
| Profit growth | — | ▼23.2% | ▲49.4% | ▲41% |
| Headcount growth | — | ▼4.3% | ▼4.5% | ▲23.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £11.3k | £28.7k | £121k | £67.7k |
| Net assets | £5.2m | £6.2m | £7.5m | £9.5m |
| Fixed assets | £7.7m | £8.9m | £10.4m | £9.9m |
| Current assets | £7.2m | £9.7m | £12.3m | £11.4m |
| Debtors | £2.7m | £4.1m | £3.9m | £3.5m |
| Deferred income | £370k | £464k | £526k | £574k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 14.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.4m
- Revenue ÷ average employees.
- Profit per employee
- £75.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 27.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- ▲26%
- Now £9.5m
- Cash at bank
- ▼44%
- Now £67.7k
- Headcount
- ▲24%
- Now 26
- Deferred income
- ▲9%
- Now £574k
- Fixed assets
- ▼5%
- Now £9.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Lancashire Waste Recycling (Holdings) Limitedultimate parent75–100%
- Lancashire Waste Recycling Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Envirofuel (SRF) LtdRev. £13.1m · Profit £160k
Sister companies (3)
- Etgas Burnley LimitedFigures not disclosed
- Lancashire Waste Management LimitedFigures not disclosed
- Renergy (North West) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Ash Waste Services LimitedOswestry · Recovery of sorted materials
- Revenue
- £36.5m
- Profit
- £4.3m
- Staff
- 213
- Dalton Group LimitedBroxburn · Recovery of sorted materials
- Revenue
- £37.1m
- Profit
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- Staff
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- T. Met LimitedRecovery of sorted materials
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- £35m
- Profit
- £76.1k
- Staff
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- Asm Metal Recycling Ltd.Beaconsfield · Recovery of sorted materials
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- £38.1m
- Profit
- £745k
- Staff
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- Alutrade LimitedOldbury · Recovery of sorted materials
- Revenue
- £34.1m
- Profit
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- Morris & Co. (Handlers) LimitedDoncaster · Recovery of sorted materials
- Revenue
- £39.1m
- Profit
- £394k
- Staff
- 62
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £2m), from the Companies House accounts bulk data published Nov 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.