New Earth Solutions (West) Limited
Registered name: NEW EARTH SOLUTIONS (WEST) LIMITED
Part of Pandagreen Limited groupNew Earth Solutions (West) Limited made £58.8m revenue and a £14.9m loss in the year to 31 Dec 2025.
New Earth Solutions (West) Limited’s revenue fell 4% to £58.8m in the year to 31 Dec 2025, with a loss of £14.9m and 226 employees. The company is classified under “other service activities” and is based in Grantham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Grantham
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Dec 2023 | 30 Dec 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | £65.5m | £61.5m | £61.5m | £58.8m |
| Cost of sales | −£55.7m | −£50.4m | −£50.4m | −£55.3m |
| Gross profit | £9.8m | £11.1m | £11.1m | £3.4m |
| Operating profit | −£3.6m | −£9.2m | −£4.6m | −£14.8m |
| Profit before tax | −£4.9m | −£10.8m | −£10.8m | −£17.7m |
| Profit after tax | −£1.3m | −£9.9m | −£9.9m | −£14.9m |
| Profit (best available) | −£1.3m | −£9.9m | −£9.9m | −£14.9m |
| Employees (average) | 379 | 369 | 369 | 226 |
| Ratios | ||||
| Profit margin | −2% | −16.2% | −16.2% | −25.3% |
| Gross margin | 15% | 18% | 18% | 5.9% |
| Revenue per employee | £173k | £167k | £167k | £260k |
| Profit per employee | −£3.4k | −£26.9k | −£26.9k | −£65.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼6.1% | — | ▼4.4% |
| Headcount growth | — | ▼2.6% | — | ▼38.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −25.3%
- Profit ÷ revenue.
- Gross margin
- 5.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £260k
- Revenue ÷ average employees.
- Profit per employee
- −£65.8k
- 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.
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
- ▼39%
- Now 226
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Pandagreen Limited (registered outside the UK register)ultimate parent75–100%
- DM Topco Limited75–100%
- DM Holdco Limited75–100%
- New Earth Solutions (West) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Integrated Plastic Manufacturing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£14.9m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026