How much does Irish Waste Services Limited make?

Irish Waste Services Limited reported revenue of £17.8m and £2.6m profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Irish Waste Services Limited have?

Irish Waste Services Limited reported an average of 35 employees in the year to 30 Nov 2024.

Is Irish Waste Services Limited profitable?

Yes — Irish Waste Services Limited reported a profit of £2.6m in the year to 30 Nov 2024.

Company No. NI008172 · Incorporated 19 Feb 1971

Irish Waste Services Limited

Registered name: IRISH WASTE SERVICES LIMITED

Part of Enva Group Holdings Limited group

Irish Waste Services Limited made £17.8m revenue and £2.6m profit in the year to 30 Nov 2024.

Irish Waste Services Limited’s revenue grew 7% to £17.8m in the year to 30 Nov 2024, with £2.6m profit and 35 employees. The company is classified under “collection of non-hazardous waste” and is based in Country Down; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste SIC 38120Collection of hazardous waste SIC 38210Treatment and disposal of non-hazardous waste SIC 38220Treatment and disposal of hazardous waste

Status: Active
Location: Country Down, Northern Ireland
Age: 55 yrs · since 1971
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.

Latest accounts · year to 30 Nov 2024

Key figures

Operating leverageDoing more with lessBoring industryCash flow filed

Revenue

£17.8m

Growth ▲7.3%

Profit

£2.6m

Growth ▲62.7%

Profit margin

14.7%

Gross 37.4%

Employees

Change ▼2.8%

Profit / employee

£74.5k

Revenue/employee £508k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.4m	£16.6m	£17.8m
Cost of sales	£11.2m	£11.4m	£11.1m
Gross profit	£5.2m	£5.1m	£6.6m
Operating profit	£1.9m	£2.2m	£3.6m
Profit before tax	£1.8m	£2.2m	£3.5m
Profit after tax	£1.5m	£1.6m	£2.6m
Profit (best available)	£1.5m	£1.6m	£2.6m
Staff costs	£1.9m	£1.9m	£2.1m
Employees (average)	38	36	35
Ratios
Profit margin	8.9%	9.7%	14.7%
Gross margin	31.7%	31.1%	37.4%
Revenue per employee	£432k	£460k	£508k
Profit per employee	£38.5k	£44.5k	£74.5k
Cash conversion	−90.8%	−121.3%	−84.1%
Growth (year on year)
Revenue growth	—	▲1%	▲7.3%
Profit growth	—	▲9.7%	▲62.7%
Headcount growth	—	▼5.3%	▼2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.6m	£5.9m	£5.7m
Net assets	£9.8m	£11m	£13.2m
Fixed assets	£3.8m	£4.1m	£5.5m
Current assets	£11.1m	£13m	£14.4m
Debtors	£3m	£3.4m	£3.8m
Cash from operations	−£1.7m	−£2.7m	−£3m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 14.7%; Profit ÷ revenue.
Gross margin: 37.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £508k; Revenue ÷ average employees.
Profit per employee: £74.5k; Profit ÷ average employees.
Cash conversion: −84.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 31%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.3%; 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: ▲19%; Now £13.2m
Cash at bank: ▼3%; Now £5.7m
Headcount: ▼3%; Now 35
Deferred income: —; Now —
Fixed assets: ▲33%; Now £5.5m

Corporate ownership

Group structure

Ownership chain

Enva Group Holdings Limitedultimate parent75–100%
Enva Topco Limited75–100%
Enva Midco Limited75–100%
Enva Debtco Limited75–100%
Enva UK Bidco Limited75–100%
Enva Northern Ireland Limited75–100%
Irish Waste Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

I W Drains LimitedFigures not disclosed
Irish Waste Management LimitedFigures not disclosed
Irish Waste Recycling LimitedFigures not disclosed
Macnabb Bros (Waste Management) LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £2.6m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 21 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.