How much does Avenue Recycling Limited make?

Avenue Recycling Limited reported revenue of £6.7m and £152k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Avenue Recycling Limited have?

Avenue Recycling Limited reported an average of 66 employees in the year to 31 Mar 2025.

Is Avenue Recycling Limited profitable?

Yes — Avenue Recycling Limited reported a profit of £152k in the year to 31 Mar 2025.

Company No. NI050132 · Incorporated 31 Mar 2004

Avenue Recycling Limited

Registered name: AVENUE RECYCLING LIMITED

Avenue Recycling Limited made £6.7m revenue and £152k profit in the year to 31 Mar 2025. read from filing text

Avenue Recycling Limited’s revenue fell 2% to £6.7m in the year to 31 Mar 2025, with £152k profit and 66 employees. The company is classified under “recovery of sorted materials”; 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: Northern Ireland
Age: 22 yrs · since 2004
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: “The company's ultimate controlling party is Mr M Lavery director and 100% shareholder.”

Latest accounts · year to 31 Mar 2025

Key figures

Boring industryCash flow filed

Revenue

£6.7m

Growth ▼1.8%

Profit

£152k

Growth ▼71.8%

Profit margin

2.3%

Gross 36.2%

Employees

Change 0%

Profit / employee

£2.3k

Revenue/employee £101k

Profitable streak

2yrs

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£6.8m	£6.7m
Cost of sales	—	—	£4.4m	£4.3m
Gross profit	—	—	£2.4m	£2.4m
Operating profit	—	—	£815k	£586k
Profit before tax	—	—	£755k	£437k
Profit after tax	—	—	£537k	£152k
Profit (best available)	—	—	£537k	£152k
Staff costs	—	—	£2m	£2.1m
Employees (average)	78	80	66	66
Ratios
Profit margin	—	—	7.9%	2.3%
Gross margin	—	—	34.8%	36.2%
Revenue per employee	—	—	£103k	£101k
Profit per employee	—	—	£8.1k	£2.3k
Cash conversion	—	—	−109.8%	−330.3%
Growth (year on year)
Revenue growth	—	—	—	▼1.8%
Profit growth	—	—	—	▼71.8%
Headcount growth	—	▲2.6%	▼17.5%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£350k	£197k	£283k	£158k
Net assets	£2.3m	£2.5m	£2.9m	£3m
Fixed assets	£3.3m	£3.3m	£3.7m	£5.5m
Current assets	£1.6m	£1.7m	£2m	£1.3m
Debtors	£760k	£1m	£908k	£949k
Deferred income	£90.7k	£49.9k	£73.9k	£104k
Cash from operations	—	—	−£895k	−£1.9m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: 36.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £101k; Revenue ÷ average employees.
Profit per employee: £2.3k; Profit ÷ average employees.
Cash conversion: −330.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 83.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.2%; 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: ▲5%; Now £3m
Cash at bank: ▼44%; Now £158k
Headcount: 0%; Now 66
Deferred income: ▲41%; Now £104k
Fixed assets: ▲48%; Now £5.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £152k), from the Companies House accounts bulk data published Mar 2026. 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.