Envirofuel (SRF) Ltd
Registered name: ENVIROFUEL (SRF) LTD
Part of Lancashire Waste Recycling (Holdings) Limited groupEnvirofuel (SRF) Ltd made £13.1m revenue and £160k profit in the year to 28 Feb 2025. read from filing text
Envirofuel (SRF) Ltd’s revenue grew 2% to £13.1m in the year to 28 Feb 2025, with £160k profit and 25 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
- 15 yrs · since 2011
- 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 company is a wholly owned subsidiary of Lancashire Waste Recycling Limited, a company registered in England and Wales with the registered office of Rees House, Burn Hall Industrial Estate, Venture”
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 | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £10.2m | £12.7m | £13.1m |
| Cost of sales | — | £8.8m | £10.8m | £11.5m |
| Gross profit | — | £1.4m | £2m | £1.6m |
| Operating profit | — | £526k | £998k | £352k |
| Profit before tax | — | £495k | £906k | £211k |
| Profit after tax | — | £443k | £682k | £160k |
| Profit (best available) | — | £443k | £682k | £160k |
| Staff costs | — | £761k | £978k | £1.2m |
| Employees (average) | 14 | 16 | 23 | 25 |
| Ratios | ||||
| Profit margin | — | 4.3% | 5.3% | 1.2% |
| Gross margin | — | 14% | 15.5% | 12.3% |
| Revenue per employee | — | £639k | £554k | £522k |
| Profit per employee | — | £27.7k | £29.7k | £6.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲24.8% | ▲2.4% |
| Profit growth | — | — | ▲54.2% | ▼76.6% |
| Headcount growth | — | ▲14.3% | ▲43.8% | ▲8.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £370 | £1.2k | £854 | £46.9k |
| Net assets | −£525k | −£82.1k | £600k | £760k |
| Fixed assets | £2.4m | £2.3m | £3.7m | £8.2m |
| Current assets | £2.2m | £2.8m | £2.8m | £77.5k |
| Debtors | £5.8k | £5.8k | £0 | £9.6k |
| Deferred income | — | £219k | £188k | £240k |
| 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
- 1.2%
- Profit ÷ revenue.
- Gross margin
- 12.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £522k
- Revenue ÷ average employees.
- Profit per employee
- £6.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 62.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲27%
- Now £760k
- Cash at bank
- ▲5391%
- Now £46.9k
- Headcount
- ▲9%
- Now 25
- Deferred income
- ▲28%
- Now £240k
- Fixed assets
- ▲123%
- Now £8.2m
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 Limited75–100%
- Envirofuel (SRF) Ltdthis 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
- £13.3m
- Profit
- £1.7m
- Staff
- 47
- Tes-Amm (Europe) Ltd.Irvine · Recovery of sorted materials
- Revenue
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- Profit
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- Roydon Resource Recovery LtdManchester · Recovery of sorted materials
- Revenue
- £14.3m
- Profit
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- Northwood Recycling LimitedStockport · Recovery of sorted materials
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- Profit
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- Network 2 Supplies LimitedBury ST Edmunds · Recovery of sorted materials
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- S L Recycling LimitedNew Inn · Recovery of sorted materials
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- Profit
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £160k), 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.