How much does B.f.a. Recycling Limited make?

B.f.a. Recycling Limited reported revenue of £21m and £584k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does B.f.a. Recycling Limited have?

B.f.a. Recycling Limited reported an average of 28 employees in the year to 31 Mar 2025.

Is B.f.a. Recycling Limited profitable?

Yes — B.f.a. Recycling Limited reported a profit of £584k in the year to 31 Mar 2025.

Company No. 05243221 · Incorporated 28 Sep 2004

B.f.a. Recycling Limited

Registered name: B.F.A. RECYCLING LIMITED

B.f.a. Recycling Limited made £21m revenue and £584k profit in the year to 31 Mar 2025.

B.f.a. Recycling Limited’s revenue grew 17% to £21m in the year to 31 Mar 2025, with £584k profit and 28 employees. The company is classified under “recovery of sorted materials” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials

Status: Active
Location: London, London
Age: 22 yrs · since 2004
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverageDoing more with lessBoring industryCash flow filed

Revenue

£21m

Growth ▲16.5%

Profit

£584k

Growth ▲140.3%

Profit margin

2.8%

Gross 13.9%

Employees

Change ▼3.5%

Profit / employee

£20.9k

Revenue/employee £751k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£20.5m	£19m	£18m	£21m
Cost of sales	£16.6m	£15.6m	£15.4m	£18.1m
Gross profit	£3.8m	£3.5m	£2.6m	£2.9m
Operating profit	£2.1m	£2.1m	£156k	£982k
Profit before tax	£2.1m	£2.1m	£140k	£968k
Profit after tax	£1.7m	£1.6m	£243k	£584k
Profit (best available)	£1.7m	£1.6m	£243k	£584k
Staff costs	£1.1m	£1.2m	£1.8m	£1.4m
Employees (average)	29	30	29	28
Ratios
Profit margin	8.3%	8.3%	1.4%	2.8%
Gross margin	18.7%	18.1%	14.5%	13.9%
Revenue per employee	£706k	£635k	£622k	£751k
Profit per employee	£59k	£52.7k	£8.4k	£20.9k
Cash conversion	−107.6%	−95.6%	−718.1%	−133.7%
Growth (year on year)
Revenue growth	—	▼7%	▼5.2%	▲16.5%
Profit growth	—	▼7.7%	▼84.6%	▲140.3%
Headcount growth	—	▲3.5%	▼3.3%	▼3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.5m	£964k	£1.1m
Net assets	£4.4m	£4.6m	£4.3m	£4.2m
Fixed assets	£3.4m	£4m	£4.2m	£4.3m
Current assets	£3.3m	£2.7m	£1.7m	£2m
Debtors	£70.5k	£363k	£320k	£266k
Deferred income	—	—	£121k	£388k
Cash from operations	−£2.3m	−£2m	−£1.1m	−£1.3m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.8%; Profit ÷ revenue.
Gross margin: 13.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £751k; Revenue ÷ average employees.
Profit per employee: £20.9k; Profit ÷ average employees.
Cash conversion: −133.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; 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: ▼3%; Now £4.2m
Cash at bank: ▲19%; Now £1.1m
Headcount: ▼3%; Now 28
Deferred income: ▲220%; Now £388k
Fixed assets: ▲3%; Now £4.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £584k), from the Companies House accounts bulk data published Dec 2025. 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.