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Company No. SC140595 · Incorporated 7 Oct 1992

Nathans Waste Savers Limited

Registered name: NATHANS WASTE SAVERS LIMITED

Part of Textile Recycling International Topco Limited group

Nathans Waste Savers Limited made £23.1m revenue and £222k profit in the year to 31 Mar 2025.

Nathans Waste Savers Limited’s revenue was £23.1m in the year to 31 Mar 2025, with £222k profit and 299 employees. The company is classified under “recovery of sorted materials” and is based in Denny; we hold 2 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials
Status
Active
Location
Denny, Scotland
Age
34 yrs · since 1992
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. From the filing: “The Company's immediate parent undertaking is Textile Recycling International Newco Limited, a Company registered in England and Wales. At the reporting date, the Company’s ultimate parent undertaking”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industry
Revenue
£23.1m
Growth —
Profit
£222k
Growth —
Profit margin
1%
Gross 21.6%
Employees
299
Change —
Profit / employee
£741
Revenue/employee £77.3k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£33.9m£23.1m
Cost of sales£24.9m£18.1m
Gross profit£9m£5m
Operating profit£4m£1.4m
Profit before tax−£7.9m£385k
Profit after tax−£8.3m£222k
Profit (best available)−£8.3m£222k
Staff costs£9.9m£8.5m
Employees (average)308299
Ratios
Profit margin−24.4%1%
Gross margin26.6%21.6%
Revenue per employee£110k£77.3k
Profit per employee−£26.8k£741
Balance sheet — indirect signals, not revenue
Cash at bank£497k£2.7m
Net assets−£8.7m−£8.5m
Fixed assets£1.1m£981k
Current assets£4.5m£6.8m
Debtors£2.6m£2.2m
Deferred income£695k£600k
SourceFullAccounts · bulk data Mar 2026FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
1%
Profit ÷ revenue.
Gross margin
21.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£77.3k
Revenue ÷ average employees.
Profit per employee
£741
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.7%
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 −£8.5m
Cash at bank
—
Now £2.7m
Headcount
—
Now 299
Deferred income
—
Now £600k
Fixed assets
—
Now £981k

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. Textile Recycling International Topco Limitedultimate parent75–100%
  2. Textile Recycling International Newco Limited75–100%
  3. Nathans Waste Savers Limitedthis company

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

Subsidiaries (1)

Sister companies (5)

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 Mar 2025 (profit £222k), 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.