How much does Waste Managed Limited make?

Waste Managed Limited reported revenue of £24.7m and a loss of £396k in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Waste Managed Limited have?

Waste Managed Limited reported an average of 150 employees in the year to 30 Sep 2023.

Is Waste Managed Limited profitable?

No — Waste Managed Limited reported a loss of £396k in the year to 30 Sep 2023.

Company No. 13631532 · Incorporated 20 Sep 2021

Waste Managed Limited

Registered name: WASTE MANAGED LIMITED

Part of Biffa Midco Limited group

Waste Managed Limited made £24.7m revenue and a £396k loss in the year to 30 Sep 2023.

Waste Managed Limited’s revenue grew 124% to £24.7m in the year to 30 Sep 2023, with a loss of £396k and 150 employees. The company is classified under “collection of non-hazardous waste” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste

Status: Active
Location: Newcastle Upon Tyne, North 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 2023

Key figures

Boring industry

Revenue

£24.7m

Growth ▲124.4%

Profit

−£396k

Growth —

Profit margin

−1.6%

Gross 34%

Employees

150

Change ▲15.4%

Profit / employee

−£2.6k

Revenue/employee £165k

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	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11m	£24.7m
Cost of sales	£8.4m	£16.3m
Gross profit	£2.6m	£8.4m
Operating profit	−£2.9m	−£4.5m
Profit before tax	−£2.9m	−£396k
Profit after tax	−£2.9m	−£396k
Profit (best available)	−£2.9m	−£396k
Staff costs	£4.7m	£6.7m
Employees (average)	130	150
Ratios
Profit margin	−26%	−1.6%
Gross margin	23.9%	34%
Revenue per employee	£84.7k	£165k
Profit per employee	−£22k	−£2.6k
Growth (year on year)
Revenue growth	—	▲124.4%
Headcount growth	—	▲15.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.8k	£416k
Net assets	−£2.8m	−£3.2m
Fixed assets	£3.6m	£5m
Current assets	£2.6m	£4.2m
Debtors	£907k	£1m
Deferred income	£1.5m	£3.5m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −1.6%; Profit ÷ revenue.
Gross margin: 34%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £165k; Revenue ÷ average employees.
Profit per employee: −£2.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.1%; 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: —; Now −£3.2m
Cash at bank: ▲2924%; Now £416k
Headcount: ▲15%; Now 150
Deferred income: ▲141%; Now £3.5m
Fixed assets: ▲40%; Now £5m

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

Biffa Midco Limitedultimate parent75–100%
Biffa Bidco Limited75–100%
Biffa Limited75–100%
Biffa Group Limited75–100%
Biffa Group Holdings (UK) Limited75–100%
Biffa Corporate Holdings Limited75–100%
Reclamation and Disposal Limited75–100%
Biffa Holdings Limited75–100%
Biffa Waste Services Limited75–100%
Everything Managed Group Limited75–100%
Waste Managed Limitedthis company

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

Subsidiaries (2)

Cheaperwaste LtdFigures not disclosed
Trovare Industries LtdFigures not disclosed

Sister companies (5)

360 Recycling London LimitedFigures not disclosed
Business Marketing LimitedFigures not disclosed
Business Supermarket LimitedFigures not disclosed
Online Business Companion LimitedFigures not disclosed
Waste Basics 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 30 Sep 2023 (profit −£396k), from the Companies House accounts bulk data published Oct 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.