DM Opco Limited
Registered name: DM OPCO LIMITED
Part of Pandagreen Limited groupDM Opco Limited made £17.2m revenue and a £37.8k loss in the year to 30 Dec 2025.
DM Opco Limited’s revenue grew 730% to £17.2m in the year to 30 Dec 2025, with a loss of £37.8k and 132 employees. The company is classified under “other service activities” and is based in Grantham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Grantham
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Dec 2024 | 30 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.1m | £17.2m |
| Operating profit | −£1.4m | £471k |
| Profit before tax | −£2m | −£126k |
| Profit after tax | −£1.7m | −£37.8k |
| Profit (best available) | −£1.7m | −£37.8k |
| Employees (average) | 52 | 132 |
| Ratios | ||
| Profit margin | −84% | −0.2% |
| Revenue per employee | £39.8k | £130k |
| Profit per employee | −£33.4k | −£286 |
| Growth (year on year) | ||
| Revenue growth | — | ▲729.5% |
| Headcount growth | — | ▲153.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Sep 2026 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −0.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £130k
- Revenue ÷ average employees.
- Profit per employee
- −£286
- 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
- ▲154%
- Now 132
- 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 Opco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (10)
- Peak Waste Recycling LimitedLiquidationRev. £8.5m · Profit £1.1m
- Scotwaste Recycling LimitedRev. £4.1m · Profit −£7.2k
- Tyrone Energy LtdRev. £2.5m · Profit £66.3k
- Fletchers Waste Management LimitedRev. £0 · Profit £3.5m
- Acumen Group Holdings LimitedFigures not disclosed
- Associated Waste Management LimitedFigures not disclosed
- Bagnall & Morris (Waste Services) LtdFigures not disclosed
- DM Holdco LimitedFigures not disclosed
- JWS Holdings Group LimitedRev. — · Profit −£1.4m
- WSR Recycling LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Dec 2025 (profit −£37.8k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.