Grist Environmental Limited
Registered name: GRIST ENVIRONMENTAL LIMITED
Part of Grist Holdings Limited groupGrist Environmental Limited made £28.2m revenue and £491k profit in the year to 30 Apr 2025.
Grist Environmental Limited’s revenue grew 12% to £28.2m in the year to 30 Apr 2025, with £491k profit and 217 employees. The company is classified under “collection of non-hazardous waste” and is based in Devizes; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Devizes, South West
- Age
- 33 yrs · since 1993
- 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: “Grist Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £25.2m | £28.2m |
| Cost of sales | £21.7m | £24.6m |
| Gross profit | £3.5m | £3.5m |
| Operating profit | £1.2m | £855k |
| Profit before tax | £1m | £651k |
| Profit after tax | £754k | £491k |
| Profit (best available) | £754k | £491k |
| Staff costs | £7m | £8.4m |
| Employees (average) | 199 | 217 |
| Ratios | ||
| Profit margin | 3% | 1.7% |
| Gross margin | 14% | 12.5% |
| Revenue per employee | £127k | £130k |
| Profit per employee | £3.8k | £2.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲11.9% |
| Profit growth | — | ▼34.9% |
| Headcount growth | — | ▲9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £23.3k | £28.9k |
| Net assets | £6.4m | £6.9m |
| Fixed assets | £7.5m | £8.1m |
| Current assets | £7.9m | £9.3m |
| Debtors | £4m | £4.1m |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 12.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £130k
- Revenue ÷ average employees.
- Profit per employee
- £2.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.6%
- 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
- ▲8%
- Now £6.9m
- Cash at bank
- ▲24%
- Now £28.9k
- Headcount
- ▲9%
- Now 217
- Deferred income
- —
- Now —
- Fixed assets
- ▲8%
- Now £8.1m
Group structure
Ownership chain
- Grist Holdings Limitedultimate parent75–100%
- Grist Group Limited75–100%
- Grist Environmental Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- A.b. Gerrish LimitedFigures not disclosed
- Devizes Cranes LimitedFigures not disclosed
- Devizes Hire LimitedFigures not disclosed
- N G Holdings LimitedFigures not disclosed
- Wiltshire Aggregates LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £491k), 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.