Riverside Asbestos Services Ltd
Registered name: RIVERSIDE ASBESTOS SERVICES LTD
Riverside Asbestos Services Ltd made £1.1m revenue and £105k profit in the year to 30 Jun 2025.
Riverside Asbestos Services Ltd’s revenue fell 24% to £1.1m in the year to 30 Jun 2025, with £105k profit and 2 employees. The company is classified under “remediation activities and other waste management services” and is based in South Shields; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- South Shields, North East
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £1.4m | £1.1m |
| Cost of sales | — | — | £606k | £546k |
| Gross profit | — | — | £798k | £527k |
| Operating profit | — | — | £588k | £128k |
| Profit before tax | — | — | £585k | £126k |
| Profit after tax | — | — | £438k | £105k |
| Profit (best available) | — | — | £438k | £105k |
| Employees (average) | 0 | 0 | 0 | 2 |
| Ratios | ||||
| Profit margin | — | — | 31.2% | 9.8% |
| Gross margin | — | — | 56.9% | 49.1% |
| Revenue per employee | — | — | — | £536k |
| Profit per employee | — | — | — | £52.6k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼23.6% |
| Profit growth | — | — | — | ▼76% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £31.1k | £86.9k | £293k | £204k |
| Net assets | −£44.7k | £81.4k | £414k | £450k |
| Fixed assets | £40.4k | £30.3k | £44.7k | £98.8k |
| Current assets | −£15.7k | £119k | £602k | £453k |
| Debtors | −£46.9k | £32k | £308k | £249k |
| Deferred income | £4.6k | £7.7k | £10.8k | — |
| Source | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 9.8%
- Profit ÷ revenue.
- Gross margin
- 49.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £536k
- Revenue ÷ average employees.
- Profit per employee
- £52.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.2%
- 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
- ▲9%
- Now £450k
- Cash at bank
- ▼31%
- Now £204k
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▲121%
- Now £98.8k
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £105k), from the Companies House accounts bulk data published Mar 2026. 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.