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Company No. 06097593 · Incorporated 12 Feb 2007

Ash Waste Services Limited

Registered name: ASH WASTE SERVICES LIMITED

Part of Laf Holdings Limited group

Ash Waste Services Limited made £36.5m revenue and £4.3m profit in the year to 31 Mar 2025.

Ash Waste Services Limited’s revenue grew 13% to £36.5m in the year to 31 Mar 2025, with £4.3m profit and 213 employees. The company is classified under “recovery of sorted materials” and is based in Oswestry; 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
Oswestry, West Midlands
Age
19 yrs · since 2007
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: “ASH Group (UK) Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industry
Revenue
£36.5m
Growth ▲12.7%
Profit
£4.3m
Growth ▼15.8%
Profit margin
11.8%
Gross 54.8%
Employees
213
Change ▲20.3%
Profit / employee
£20.2k
Revenue/employee £171k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£23.1m£28.5m£32.4m£36.5m
Cost of sales£12.1m£14.2m£15.6m£16.5m
Gross profit£10.9m£14.3m£16.8m£20m
Operating profit£3.8m£5m£6.3m£5.8m
Profit before tax£3.7m£5m£6.2m£5.7m
Profit after tax£3m£4.2m£5.1m£4.3m
Profit (best available)£3m£4.2m£5.1m£4.3m
Staff costs£4.6m£6m£7.3m£9.4m
Employees (average)122152177213
Ratios
Profit margin13.1%14.6%15.8%11.8%
Gross margin47.4%50%51.9%54.8%
Revenue per employee£189k£187k£183k£171k
Profit per employee£24.7k£27.4k£28.9k£20.2k
Growth (year on year)
Revenue growth—▲23.6%▲13.6%▲12.7%
Profit growth—▲37.9%▲22.8%▼15.8%
Headcount growth—▲24.6%▲16.4%▲20.3%
Balance sheet — indirect signals, not revenue
Cash at bank£1.2m£1.3m£1.1m£1m
Net assets£2.2m£2.4m£3.5m£4.3m
Fixed assets£3.7m£3.3m£3m£3.6m
Current assets£3m£3.4m£4.3m£5.8m
Debtors£1.5m£1.7m£1.7m£1.8m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
11.8%
Profit ÷ revenue.
Gross margin
54.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£171k
Revenue ÷ average employees.
Profit per employee
£20.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5%
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
▲23%
Now £4.3m
Cash at bank
▼3%
Now £1m
Headcount
▲20%
Now 213
Deferred income
—
Now —
Fixed assets
▲19%
Now £3.6m
Corporate ownership

Group structure

Ownership chain

  1. Laf Holdings Limitedultimate parent75–100%
  2. Ash Group (UK) Limited75–100%
  3. Ash Waste Services 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

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £4.3m), 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.