Ash Waste Services Limited
Registered name: ASH WASTE SERVICES LIMITED
Part of Laf Holdings Limited groupAsh 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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £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) | 122 | 152 | 177 | 213 |
| Ratios | ||||
| Profit margin | 13.1% | 14.6% | 15.8% | 11.8% |
| Gross margin | 47.4% | 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 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
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.
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
Group structure
Ownership chain
- Laf Holdings Limitedultimate parent75–100%
- Ash Group (UK) Limited75–100%
- Ash Waste Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (10)
- Alan's Skip Hire LimitedFigures not disclosed
- Alan's Skip Hire Wales LimitedFigures not disclosed
- Ash Aggregates LimitedFigures not disclosed
- Ash Group LimitedFigures not disclosed
- Ash Heat and Power LimitedFigures not disclosed
- Ash Land Companies LimitedFigures not disclosed
- Ash Metal Recycling LimitedFigures not disclosed
- Ash Resource Management (Cambrian Quarry) LimitedFigures not disclosed
- My Yardspace LimitedFigures not disclosed
- Nationwide Waste Services 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 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.