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Company No. 02481991 · Incorporated 16 Mar 1990

Veolia Es (UK) Limited

Registered name: VEOLIA ES (UK) LIMITED

Part of Veolia Environnement Sa group

Veolia Es (UK) Limited made £1.3bn revenue and £16.9m profit in the year to 31 Dec 2025.

Veolia Es (UK) Limited’s revenue grew 3% to £1.3bn in the year to 31 Dec 2025, with £16.9m profit and 10,225 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.SIC 96090Other service activities n.e.c.
Status
Active
Location
London
Age
36 yrs · since 1990
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£1.3bn
Growth ▲3.5%
Profit
£16.9m
Growth ▼25.8%
Profit margin
1.3%
Gross 11.6%
Employees
10,225
Change ▲2.3%
Profit / employee
£1.6k
Revenue/employee £132k
Profitable streak
2yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£1.2bn£1.3bn£1.3bn
Cost of sales−£1.1bn−£1.2bn−£1.2bn
Gross profit£110m£147m£156m
Operating profit£5.6m£48.9m£47.5m
Profit before tax−£18m£29.1m£22.6m
Profit after tax−£15.9m£22.8m£16.9m
Profit (best available)−£15.9m£22.8m£16.9m
Employees (average)9,5439,99510,225
Ratios
Profit margin−1.3%1.8%1.3%
Gross margin8.9%11.3%11.6%
Revenue per employee£130k£130k£132k
Profit per employee−£1.7k£2.3k£1.6k
Growth (year on year)
Revenue growth—▲4.7%▲3.5%
Profit growth——▼25.8%
Headcount growth—▲4.7%▲2.3%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025Accounts · bulk data Oct 2026
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
11.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£132k
Revenue ÷ average employees.
Profit per employee
£1.6k
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
—
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 —
Cash at bank
—
Now —
Headcount
▲2%
Now 10,225
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Veolia Environnement Sa (registered outside the UK register)ultimate parent75–100%
  2. Veolia UK Limited75–100%
  3. Veolia Es Holdings (UK) Limited75–100%
  4. Veolia Environmental Services Group (UK) Limited75–100%
  5. Veolia Es (UK) Limitedthis company

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

Subsidiaries (14)

Sister companies (13)

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £16.9m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.