biffa waste services limited

3

biffa waste services limited Company Information

Share BIFFA WASTE SERVICES LIMITED
Live 
MatureMegaHealthy

Company Number

00946107

Registered Address

coronation road, cressex, high wycombe, bucks, HP12 3TZ

Industry

Treatment and disposal of hazardous waste

 

Collection of non-hazardous waste

 
View All 

Telephone

01494521221

Next Accounts Due

December 2024

Group Structure

View All

Directors

Michael Topham10 Years

Michael Davis4 Years

View All

Shareholders

biffa holdings ltd 100%

biffa waste services limited Estimated Valuation

£919.4m

Pomanda estimates the enterprise value of BIFFA WASTE SERVICES LIMITED at £919.4m based on a Turnover of £1.2b and 0.77x industry multiple (adjusted for size and gross margin).

biffa waste services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BIFFA WASTE SERVICES LIMITED at £0 based on an EBITDA of £-43.6m and a 5.36x industry multiple (adjusted for size and gross margin).

biffa waste services limited Estimated Valuation

£1.2b

Pomanda estimates the enterprise value of BIFFA WASTE SERVICES LIMITED at £1.2b based on Net Assets of £363.1m and 3.28x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Biffa Waste Services Limited Overview

Biffa Waste Services Limited is a live company located in high wycombe, HP12 3TZ with a Companies House number of 00946107. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in January 1969, it's largest shareholder is biffa holdings ltd with a 100% stake. Biffa Waste Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.2b with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Biffa Waste Services Limited Health Check

Pomanda's financial health check has awarded Biffa Waste Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.2b, make it larger than the average company (£11.6m)

£1.2b - Biffa Waste Services Limited

£11.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7%)

14% - Biffa Waste Services Limited

7% - Industry AVG

production

Production

with a gross margin of -3.2%, this company has a higher cost of product (28%)

-3.2% - Biffa Waste Services Limited

28% - Industry AVG

profitability

Profitability

an operating margin of -10.3% make it less profitable than the average company (8.2%)

-10.3% - Biffa Waste Services Limited

8.2% - Industry AVG

employees

Employees

with 6610 employees, this is above the industry average (55)

6610 - Biffa Waste Services Limited

55 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.6k, the company has an equivalent pay structure (£38k)

£35.6k - Biffa Waste Services Limited

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £179.7k, this is equally as efficient (£167.4k)

£179.7k - Biffa Waste Services Limited

£167.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is near the average (48 days)

40 days - Biffa Waste Services Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (37 days)

54 days - Biffa Waste Services Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 10 days, this is more than average (8 days)

10 days - Biffa Waste Services Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)

1 weeks - Biffa Waste Services Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (64.3%)

81.6% - Biffa Waste Services Limited

64.3% - Industry AVG

BIFFA WASTE SERVICES LIMITED financials

EXPORTms excel logo

Biffa Waste Services Limited's latest turnover from March 2023 is £1.2 billion and the company has net assets of £363.1 million. According to their latest financial statements, Biffa Waste Services Limited has 6,610 employees and maintains cash reserves of £34 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Turnover1,188,000,000904,900,000715,300,000806,300,000701,200,000683,600,000651,400,000658,500,000621,100,000582,000,000562,900,000536,900,000469,400,000491,800,000
Other Income Or Grants00000000000000
Cost Of Sales1,225,600,000894,500,000681,100,000726,400,000629,300,000520,600,000508,700,000516,700,000497,900,000536,400,000527,600,000476,300,000417,100,000416,500,000
Gross Profit-37,600,00010,400,00034,200,00079,900,00071,900,000163,000,000142,700,000141,800,000123,200,00045,600,00035,300,00060,600,00052,300,00075,300,000
Admin Expenses84,300,00057,700,00045,400,00049,400,00048,800,000123,500,000117,500,000119,400,000112,000,00060,300,00040,600,00039,600,00045,500,00044,200,000
Operating Profit-121,900,000-47,300,000-11,200,00030,500,00023,100,00039,500,00025,200,00022,400,00011,200,000-14,700,000-5,300,00021,000,0006,800,00031,100,000
Interest Payable9,000,0008,900,0008,300,0007,100,0005,700,0007,600,0008,300,0008,300,0006,900,0006,800,0003,000,0002,500,0001,900,0004,800,000
Interest Receivable5,600,0002,700,0003,100,000600,000100,000600,000100,000300,000100,00020,000300,000200,000800,0002,400,000
Pre-Tax Profit-125,300,000-53,500,000-16,400,00033,500,00019,100,00032,500,00010,600,00014,400,0004,400,000-21,300,000-132,000,000-400,0005,700,00030,400,000
Tax19,400,00013,300,00014,400,000-11,400,000-2,900,000-11,100,0001,300,000-13,600,0003,300,000-8,300,00018,100,000-9,800,000-6,600,0007,000,000
Profit After Tax-105,900,000-40,200,000-2,000,00022,100,00016,200,00021,400,00011,900,000800,0007,700,000-29,600,000-113,900,000-10,200,000-900,00037,400,000
Dividends Paid00000000000000
Retained Profit-105,900,000-40,200,000-2,000,00022,100,00016,200,00021,400,00011,900,000800,0007,700,000-29,600,000-113,900,000-10,200,000-900,00037,400,000
Employee Costs235,200,000193,400,000175,100,000170,400,000156,900,000153,600,000170,100,000158,900,000149,100,000144,300,000139,200,000148,600,000137,300,000138,600,000
Number Of Employees6,6105,5534,6864,6884,2684,2154,4694,3364,4254,8564,4254,3723,9364,115
EBITDA*-43,600,00018,800,00057,400,00066,200,00058,600,000548,500,00075,100,00068,700,00055,600,00029,800,00060,900,00083,600,00067,700,00093,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Tangible Assets488,500,000441,900,0001,210,100,0001,227,600,000314,400,000283,000,000270,600,000245,900,000237,300,000224,300,000209,600,000308,600,000308,400,000291,400,000
Intangible Assets105,700,000105,800,00076,100,00085,200,00051,300,00048,600,00039,300,00028,400,00017,400,00014,700,00082,700,00086,900,00093,100,00085,400,000
Investments & Other325,300,000358,800,000173,400,00047,600,000185,300,000131,600,00060,200,00059,100,00064,600,000700,000700,000700,000700,000700,000
Debtors (Due After 1 year)266,700,000229,100,000488,900,000617,800,0001,347,500,00072,200,00072,100,0008,000,000000000
Total Fixed Assets1,186,200,0001,135,600,0001,151,200,0001,177,500,0001,898,500,000535,400,000442,200,000341,400,000319,300,000239,700,000293,000,000396,200,000402,200,000377,500,000
Stock & work in progress35,000,00027,000,00016,000,00013,600,0008,700,0005,500,0005,200,0004,700,0003,800,0003,600,0002,900,0002,700,0001,700,0001,500,000
Trade Debtors130,700,000131,800,00090,500,00098,800,000135,300,000112,100,000107,700,00084,700,00085,300,00083,400,000112,800,000121,900,000105,500,000104,900,000
Group Debtors516,200,000581,200,000221,500,0001,096,000,00001,095,000,000961,900,000536,100,000312,800,000235,200,000503,600,000410,600,000435,900,000388,300,000
Misc Debtors66,700,00080,800,00058,400,00065,600,000100,00014,300,00017,200,00041,300,00049,900,000107,100,00097,600,00050,000,00033,300,00030,700,000
Cash34,000,00031,000,00020,800,00022,000,0009,600,0002,900,00013,200,00090,700,00069,500,00052,600,0008,300,00059,400,00046,800,00083,800,000
misc current assets00000000000000
total current assets782,600,000851,800,000407,500,0001,296,000,000153,700,0001,229,800,0001,105,200,000757,500,000521,300,000481,900,000725,200,000644,600,000623,200,000609,200,000
total assets1,968,800,0001,987,400,0001,558,700,0002,473,500,0002,052,200,0001,765,200,0001,547,400,0001,098,900,000840,600,000721,600,0001,018,200,0001,040,800,0001,025,400,000986,700,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 182,400,000165,400,000122,600,000156,500,000125,200,00072,000,00062,600,00056,000,00064,200,00052,300,00067,700,00090,800,00073,500,00078,100,000
Group/Directors Accounts930,800,000906,700,000000956,200,000790,000,000384,800,000132,700,00046,900,000318,000,000204,900,000189,800,000124,000,000
other short term finances400,0000000000000000
hp & lease commitments40,700,00036,500,00039,300,00031,700,00024,300,00020,800,00019,300,00014,100,00012,500,00011,000,000600,000700,000100,0000
other current liabilities96,100,000111,400,000662,100,0001,541,900,00067,500,000112,800,000122,300,000129,800,000119,200,000126,400,00077,600,00087,000,00082,800,000114,500,000
total current liabilities1,250,400,0001,220,000,000824,000,0001,730,100,000217,000,0001,161,800,000994,200,000584,700,000328,600,000236,600,000463,900,000383,400,000346,200,000316,600,000
loans00293,800,000296,400,0000000000000
hp & lease commitments154,500,000138,100,000146,200,000147,900,0001,280,800,00066,700,00058,100,00038,400,00032,200,00025,300,0002,400,0002,100,00000
Accruals and Deferred Income2,800,0003,000,000000000000000
other liabilities400,000500,000000000000011,100,000100,000
provisions197,600,00085,000,000108,200,00077,400,00052,400,00059,600,00067,300,00059,900,00064,700,00052,300,00043,600,00033,100,00035,700,00036,700,000
total long term liabilities355,300,000226,600,000201,700,000187,200,0001,333,200,000126,300,000125,400,00098,300,00096,900,00077,600,00046,000,00035,200,00046,800,00036,800,000
total liabilities1,605,700,0001,446,600,0001,025,700,0001,917,300,0001,550,200,0001,288,100,0001,119,600,000683,000,000425,500,000314,200,000509,900,000418,600,000393,000,000353,400,000
net assets363,100,000540,800,000533,000,000556,200,000502,000,000477,100,000427,800,000415,900,000415,100,000407,400,000508,300,000622,200,000632,400,000633,300,000
total shareholders funds363,100,000540,800,000533,000,000556,200,000502,000,000477,100,000427,800,000415,900,000415,100,000407,400,000508,300,000622,200,000632,400,000633,300,000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-121,900,000-47,300,000-11,200,00030,500,00023,100,00039,500,00025,200,00022,400,00011,200,000-14,700,000-5,300,00021,000,0006,800,00031,100,000
Depreciation76,700,00064,300,00066,600,00034,200,00035,200,000507,700,00049,300,00045,400,00044,000,00044,300,00060,600,00057,000,00055,200,00055,400,000
Amortisation1,600,0001,800,0002,000,0001,500,000300,0001,300,000600,000900,000400,000200,0005,600,0005,600,0005,700,0006,500,000
Tax19,400,00013,300,00014,400,000-11,400,000-2,900,000-11,100,0001,300,000-13,600,0003,300,000-8,300,00018,100,000-9,800,000-6,600,0007,000,000
Stock8,000,00011,000,0002,400,0004,900,0003,200,000300,000500,000900,000200,000700,000200,0001,000,000200,0001,500,000
Debtors-42,600,000163,600,000-1,018,900,000395,300,000189,300,000134,700,000488,800,000222,100,00022,300,000-288,300,000131,500,0007,800,00050,800,000523,900,000
Creditors17,000,00042,800,000-33,900,00031,300,00053,200,0009,400,0006,600,000-8,200,00011,900,000-15,400,000-23,100,00017,300,000-4,600,00078,100,000
Accruals and Deferred Income-15,500,000-547,700,000-879,800,0001,474,400,000-45,300,000-9,500,000-7,500,00010,600,000-7,200,00048,800,000-9,400,0004,200,000-31,700,000114,500,000
Deferred Taxes & Provisions112,600,000-23,200,00030,800,00025,000,000-7,200,000-7,700,0007,400,000-4,800,00012,400,0008,700,00010,500,000-2,600,000-1,000,00036,700,000
Cash flow from operations124,500,000-670,600,000205,400,0001,185,300,000-136,100,000394,600,000-406,400,000-170,300,00053,500,000351,200,000-74,700,00083,900,000-27,200,000-196,100,000
Investing Activities
capital expenditure-124,800,000672,400,000-42,000,000-982,800,000-69,600,000-530,700,000-85,500,000-65,900,000-60,100,0008,800,00037,000,000-56,600,000-85,600,000-438,700,000
Change in Investments-33,500,000185,400,000125,800,000-137,700,00053,700,00071,400,0001,100,000-5,500,00063,900,0000000700,000
cash flow from investments-91,300,000487,000,000-167,800,000-845,100,000-123,300,000-602,100,000-86,600,000-60,400,000-124,000,0008,800,00037,000,000-56,600,000-85,600,000-439,400,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts24,100,000906,700,00000-956,200,000166,200,000405,200,000252,100,00085,800,000-271,100,000113,100,00015,100,00065,800,000124,000,000
Other Short Term Loans 400,0000000000000000
Long term loans0-293,800,000-2,600,000296,400,0000000000000
Hire Purchase and Lease Commitments20,600,000-10,900,0005,900,000-1,125,500,0001,217,600,00010,100,00024,900,0007,800,0008,400,00033,300,000200,0002,700,000100,0000
other long term liabilities-100,000500,000000000000-11,100,00011,000,000100,000
share issue-71,800,00048,000,000-21,200,00032,100,0008,700,00027,900,000000-71,300,000000595,900,000
interest-3,400,000-6,200,000-5,200,000-6,500,000-5,600,000-7,000,000-8,200,000-8,000,000-6,800,000-6,780,000-2,700,000-2,300,000-1,100,000-2,400,000
cash flow from financing-30,200,000644,300,000-23,100,000-803,500,000264,500,000197,200,000421,900,000251,900,00087,400,000-315,880,000110,600,0004,400,00075,800,000717,600,000
cash and cash equivalents
cash3,000,00010,200,000-1,200,00012,400,0006,700,000-10,300,000-77,500,00021,200,00016,900,00044,300,000-51,100,00012,600,000-37,000,00083,800,000
overdraft00000000000000
change in cash3,000,00010,200,000-1,200,00012,400,0006,700,000-10,300,000-77,500,00021,200,00016,900,00044,300,000-51,100,00012,600,000-37,000,00083,800,000

biffa waste services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for biffa waste services limited. Get real-time insights into biffa waste services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Biffa Waste Services Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for biffa waste services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

biffa waste services limited Ownership

BIFFA WASTE SERVICES LIMITED Shareholders

biffa holdings ltd 100%

biffa waste services limited directors

Biffa Waste Services Limited currently has 5 directors. The longest serving directors include Mr Michael Topham (Oct 2013) and Mr Michael Davis (Nov 2019).

officercountryagestartendrole
Mr Michael TophamUnited Kingdom51 years Oct 2013- Director
Mr Michael DavisEngland58 years Nov 2019- Director
Mr Michael DavisEngland58 years Nov 2019- Director
Dr Maxine Mayhew50 years Apr 2022- Director
Mr Paul James57 years Sep 2023- Director

P&L

March 2023

turnover

1.2b

+31%

operating profit

-121.9m

+158%

gross margin

-3.1%

-375.38%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

363.1m

-0.33%

total assets

2b

-0.01%

cash

34m

+0.1%

net assets

Total assets minus all liabilities

biffa waste services limited company details

company number

00946107

Type

Private limited with Share Capital

industry

38220 - Treatment and disposal of hazardous waste

38110 - Collection of non-hazardous waste

38120 - Collection of hazardous waste

incorporation date

January 1969

age

55

accounts

Full Accounts

ultimate parent company

BEARS TOPCO LTD

previous names

biffa limited (April 1986)

incorporated

UK

address

coronation road, cressex, high wycombe, bucks, HP12 3TZ

last accounts submitted

March 2023

biffa waste services limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 17 charges/mortgages relating to biffa waste services limited. Currently there are 10 open charges and 7 have been satisfied in the past.

charges

biffa waste services limited Companies House Filings - See Documents

datedescriptionview/download