The Remet Group Limited
Registered name: THE REMET GROUP LIMITED
The Remet Group Limited made £279m revenue and £7.9m profit in the year to 30 Jun 2025. read from filing text
The Remet Group Limited’s revenue grew 27% to £279m in the year to 30 Jun 2025, with £7.9m profit and 182 employees. The company is classified under “wholesale of waste and scrap” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 Sep 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £10.9m | £177m | £220m | £279m |
| Cost of sales | £10m | £162m | £198m | £250m |
| Gross profit | £925k | £15.1m | £22.2m | £28.6m |
| Operating profit | £453k | £6.2m | £8.6m | — |
| Profit before tax | £478k | £5.2m | £5.7m | £10.6m |
| Profit after tax | £382k | £3.3m | £3.9m | £7.9m |
| Profit (best available) | £382k | £3.3m | £3.9m | £7.9m |
| Employees (average) | 105 | 109 | 117 | 182 |
| Ratios | ||||
| Profit margin | 3.5% | 1.9% | 1.8% | 2.8% |
| Gross margin | 8.5% | 8.5% | 10.1% | 10.3% |
| Revenue per employee | £104k | £1.6m | £1.9m | £1.5m |
| Profit per employee | £3.6k | £30.5k | £33.2k | £43.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲23.9% | ▲26.9% |
| Profit growth | — | — | ▲16.7% | ▲102.6% |
| Headcount growth | — | — | ▲7.3% | ▲55.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £37.5k | £37.5k | £73.3k | £19.1k |
| Net assets | £48.8m | £49.1m | £49.1m | £50.2m |
| Fixed assets | £67.6m | £68m | £68m | £68m |
| Current assets | £862k | £37.5k | £73.7k | £27.8k |
| Debtors | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- 10.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.5m
- Revenue ÷ average employees.
- Profit per employee
- £43.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲2%
- Now £50.2m
- Cash at bank
- ▼74%
- Now £19.1k
- Headcount
- ▲56%
- Now 182
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £68m
Group structure
Subsidiaries (4)
- Avon Metals LimitedRev. £31.6m · Profit £2.7m
- Avon Specialty Metals LimitedRev. £30.3m · Profit £2m
- Remet Bidco LtdFigures not disclosed
- The Remet Company LimitedRev. — · Profit £2.5m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £7.9m), 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.