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Company No. 14684855 · Incorporated 23 Feb 2023

Southside Recycling Ltd

Registered name: SOUTHSIDE RECYCLING LTD

Part of Allen Group Limited group

Southside Recycling Ltd made £8.5m revenue and £1.9m profit in the year to 31 Dec 2024.

Southside Recycling Ltd’s revenue was £8.5m in the year to 31 Dec 2024, with £1.9m profit and 8 employees. The company is classified under “remediation activities and other waste management services” and is based in Canterbury; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services
Status
Active
Location
Canterbury, South East
Age
3 yrs · since 2023
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 2024

Key figures

Small teamYoung and profitableBoring industry
Revenue
£8.5m
Growth —
Profit
£1.9m
Growth —
Profit margin
22.7%
Gross 31.5%
Employees
8
Change —
Profit / employee
£242k
Revenue/employee £1.1m
Profitable streak
1yr
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202429 Feb 202431 Dec 2024
DisclosureNo P&LNo P&LFull P&L
Profit & loss
Revenue (turnover)——£8.5m
Cost of sales——£5.9m
Gross profit——£2.7m
Operating profit——£2.6m
Profit after tax——£1.9m
Profit (best available)——£1.9m
Employees (average)——8
Ratios
Profit margin——22.7%
Gross margin——31.5%
Revenue per employee——£1.1m
Profit per employee——£242k
Balance sheet — indirect signals, not revenue
Cash at bank——£2.1m
Net assets£100£100£1.9m
Current assets—£100£5m
Debtors—£100£2.9m
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Jan 2026FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
22.7%
Profit ÷ revenue.
Gross margin
31.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1m
Revenue ÷ average employees.
Profit per employee
£242k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
34.3%
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 £1.9m
Cash at bank
—
Now £2.1m
Headcount
—
Now 8
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Allen Group Limited (registered outside the UK register)ultimate parent75–100%
  2. Southside Recycling Ltdthis company

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

Subsidiaries (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.9m), from the Companies House accounts bulk data published Jan 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.