How much does Opes MRF 2013 Limited make?

Opes MRF 2013 Limited reported revenue of £26.2m and a loss of £540k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Opes MRF 2013 Limited have?

Opes MRF 2013 Limited reported an average of 22 employees in the year to 31 Dec 2023.

Is Opes MRF 2013 Limited profitable?

No — Opes MRF 2013 Limited reported a loss of £540k in the year to 31 Dec 2023.

Company No. 08729761 · Incorporated 11 Oct 2013

Opes MRF 2013 Limited

Registered name: OPES MRF 2013 LIMITED

Part of Fenix Bridge Holdings Limited group

Opes MRF 2013 Limited made £26.2m revenue and a £540k loss in the year to 31 Dec 2023.

Opes MRF 2013 Limited’s revenue grew 46% to £26.2m in the year to 31 Dec 2023, with a loss of £540k and 22 employees. The company is classified under “remediation activities and other waste management services” and is based in Leigh-on-Sea; we hold 2 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services

Status: Liquidation
Location: Leigh-on-Sea, East of England
Age: 13 yrs · since 2013
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.

Latest accounts · year to 31 Dec 2023

Key figures

Boring industryCash flow filed

Revenue

£26.2m

Growth ▲46.3%

Profit

−£540k

Growth ▼129%

Profit margin

−2.1%

Gross 34.5%

Employees

Change ▲144.4%

Profit / employee

−£24.6k

Revenue/employee £1.2m

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.9m	£26.2m
Cost of sales	£10.1m	£17.2m
Gross profit	£7.9m	£9.1m
Operating profit	£2.5m	£138k
Profit before tax	£2.5m	£27.6k
Profit after tax	£1.9m	−£540k
Profit (best available)	£1.9m	−£540k
Staff costs	£1.4m	£997k
Employees (average)	9	22
Ratios
Profit margin	10.4%	−2.1%
Gross margin	43.8%	34.5%
Revenue per employee	£2m	£1.2m
Profit per employee	£207k	−£24.6k
Cash conversion	−497.4%	−4543%
Growth (year on year)
Revenue growth	—	▲46.3%
Profit growth	—	▼129%
Headcount growth	—	▲144.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£232k	£2.6m
Net assets	£1.7m	£1m
Fixed assets	£14.3m	£13.9m
Current assets	£1.6m	£5.1m
Debtors	£128k	£691k
Deferred income	£0	£124k
Cash from operations	−£12.5m	−£6.3m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −2.1%; Profit ÷ revenue.
Gross margin: 34.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: −£24.6k; Profit ÷ average employees.
Cash conversion: −4543%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 52.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.6%; 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: ▼39%; Now £1m
Cash at bank: ▲1028%; Now £2.6m
Headcount: ▲144%; Now 22
Deferred income: —; Now £124k
Fixed assets: ▼3%; Now £13.9m

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

Corporate ownership

Group structure

Ownership chain

Fenix Bridge Holdings Limitedultimate parent75–100%
Fenix Bridge Investments Ltd75–100%
Everwaste Solutions Limited75–100%
Opes MRF 2013 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

Everwaste Recovery and Recycling Holdings LimitedFigures not disclosed
Land Recovery North West LtdFigures not disclosed
NWM Holdings LimitedFigures not disclosed
Oates Environmental LimitedFigures not disclosed
Wynmark Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£540k), from the Companies House accounts bulk data published Dec 2024. 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.