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Company No. SC583479 · Incorporated 8 Dec 2017

Scotwaste Recycling Limited

Registered name: SCOTWASTE RECYCLING LIMITED

Part of Pandagreen Limited group

Scotwaste Recycling Limited made £4.1m revenue and a £7.2k loss in the year to 30 Dec 2025.

Scotwaste Recycling Limited’s revenue fell 10% to £4.1m in the year to 30 Dec 2025, with a loss of £7.2k and 37 employees. The company is classified under “collection of non-hazardous waste” and is based in Bathgate; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous wasteSIC 38210Treatment and disposal of non-hazardous waste
Status
Active
Location
Bathgate, Scotland
Age
8 yrs · since 2017
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 Dec 2025

Key figures

Boring industry
Revenue
£4.1m
Growth ▼10.2%
Profit
−£7.2k
Growth ▼104%
Profit margin
−0.2%
Gross 21.5%
Employees
37
Change ▼2.6%
Profit / employee
−£195
Revenue/employee £111k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Dec 202330 Dec 202430 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£4.8m£4.6m£4.1m
Cost of sales£3.7m£3.4m£3.2m
Gross profit£1.1m£1.1m£884k
Operating profit£279k£276k£11.7k
Profit before tax£254k£254k−£10.5k
Profit after tax£191k£180k−£7.2k
Profit (best available)£191k£180k−£7.2k
Employees (average)403837
Ratios
Profit margin4%3.9%−0.2%
Gross margin23.1%24.8%21.5%
Revenue per employee£119k£120k£111k
Profit per employee£4.8k£4.7k−£195
Growth (year on year)
Revenue growth—▼4.3%▼10.2%
Profit growth—▼5.9%▼104%
Headcount growth—▼5%▼2.6%
Balance sheet — indirect signals, not revenue
Cash at bank£1.1m£272k£134k
Net assets£1.6m£1.1m£1.1m
Fixed assets£1.4m£1.2m£1.8m
Current assets£2.2m£1.1m£848k
Debtors£838k£704k£490k
Deferred income£251k£294k£283k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−0.2%
Profit ÷ revenue.
Gross margin
21.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£111k
Revenue ÷ average employees.
Profit per employee
−£195
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
44.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
6.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.9%
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
▼1%
Now £1.1m
Cash at bank
▼51%
Now £134k
Headcount
▼3%
Now 37
Deferred income
▼4%
Now £283k
Fixed assets
▲51%
Now £1.8m

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. Pandagreen Limited (registered outside the UK register)ultimate parent75–100%
  2. DM Topco Limited75–100%
  3. Scotwaste Recycling Limitedthis company

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

Sister companies (10)

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 30 Dec 2025 (profit −£7.2k), from the Companies House accounts bulk data published Sep 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.