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Company No. 13270472 · Incorporated 16 Mar 2021

N&P Crayford MRF Limited

Registered name: N&P CRAYFORD MRF LIMITED

Part of TSP Assetco Limited group

N&P Crayford MRF Limited made £68.4m revenue and £8.2m profit in the year to 30 Sep 2025.

N&P Crayford MRF Limited’s revenue grew 15% to £68.4m in the year to 30 Sep 2025, with £8.2m profit and 139 employees. The company is classified under “recovery of sorted materials” and is based in Dartford; we hold 5 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials
Status
Active
Location
Dartford, South East
Age
5 yrs · since 2021
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 30 Sep 2025

Key figures

Young and profitableOperating leverageDoing more with lessBoring industry
Revenue
£68.4m
Growth ▲14.8%
Profit
£8.2m
Growth ▲45.9%
Profit margin
12%
Gross 46.1%
Employees
139
Change ▼2.8%
Profit / employee
£59.1k
Revenue/employee £492k
Profitable streak
5yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202230 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.3m£45.9m£40.8m£59.5m£68.4m
Cost of sales£3.4m£22.5m£21.7m£30.6m£36.9m
Gross profit£5.9m£23.4m£19.1m£28.9m£31.5m
Operating profit£3.2m£7.4m£5.5m£8.1m£10.6m
Profit before tax£3.2m£7.3m£5.8m£7.6m£11m
Profit after tax£2m£5.9m£4.4m£5.6m£8.2m
Profit (best available)£2m£5.9m£4.4m£5.6m£8.2m
Staff costs£1.4m£6.8m£6.1m£8.4m£9m
Employees (average)141141142143139
Ratios
Profit margin21.2%12.9%10.8%9.5%12%
Gross margin63.6%51%46.7%48.6%46.1%
Revenue per employee£65.9k£326k£287k£416k£492k
Profit per employee£14k£42k£31.1k£39.4k£59.1k
Growth (year on year)
Revenue growth————▲14.8%
Profit growth————▲45.9%
Headcount growth————▼2.8%
Balance sheet — indirect signals, not revenue
Cash at bank£0£956k£4m£3.1m£2m
Net assets£3.2m£9.1m£13.5m£13.3m£12.8m
Fixed assets£8.5m£8.5m£8.2m£7.6m£9.7m
Current assets£3.5m£32.6m£36.3m£35.9m£40.1m
Debtors£1.8m£1.9m£5.1m£5m£5.4m
Deferred income£4.9m£3.1m£1.4m£1.8m£1.8m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023Accounts · bulk data May 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
12%
Profit ÷ revenue.
Gross margin
46.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£492k
Revenue ÷ average employees.
Profit per employee
£59.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
14.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.9%
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
▼4%
Now £12.8m
Cash at bank
▼36%
Now £2m
Headcount
▼3%
Now 139
Deferred income
▲1%
Now £1.8m
Fixed assets
▲28%
Now £9.7m

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

  1. TSP Assetco Limitedultimate parent75–100%
  2. N&P Crayford Holding Ltd75–100%
  3. N&P Crayford MRF Limitedthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £8.2m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.