First Mile

First Mile provides low cost recycling and waste collection services for city centre businesses. Since April 2011, we have sent no waste to landfill. 75% of material from all customers is recycled, and the remained is incinerated with complete energy recovery.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2003
Size (employees)
73 (est)+5%
First Mile was founded in 2003 and is headquartered in London, GB

First Mile Office Locations

First Mile has an office in London
London, GB (HQ)
22 Highbury Grove

First Mile Data and Metrics

Summary Metrics

Founding Date

2003

First Mile Financial Metrics

First Mile's revenue was reported to be £11.3 m in FY, 2015 which is a 24% increase from the previous period.
GBP

Revenue (FY, 2015)

11.3 m

Revenue growth (FY, 2014 - FY, 2015), %

24%

Gross profit (FY, 2015)

4.1 m

Gross profit margin (FY, 2015), %

36%

Net income (FY, 2015)

1 m

Cash (31-Dec-2015)

3.4 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

7.3 m9.1 m11.3 m

Revenue growth, %

26%24%

Cost of goods sold

5.6 m7.3 m

Gross profit

3.5 m4.1 m

Gross profit Margin, %

38%36%

Operating expense total

2.2 m2.6 m

Pre tax profit

1.5 m1.2 m1.3 m

Net Income

1.3 m935.8 k1 m
GBPFY, 2013FY, 2014FY, 2015

Cash

2.5 m2.3 m3.4 m

Accounts Receivable

720.1 k911.8 k1.3 m

Current Assets

3.8 m3.9 m5.5 m

PP&E

1 m2.5 m2.6 m

Goodwill

558.5 k691.6 k729.9 k

Total Assets

5.4 m7.1 m8.8 m

Accounts Payable

525.4 k721 k750.8 k

Current Liabilities

2.2 m3.1 m3.6 m

Total Liabilities

2.9 m4 m5.2 m

Retained Earnings

962.4 k591 k537.4 k

Total Equity

2.5 m3.1 m3.6 m

Financial Leverage

2.2 x2.3 x2.4 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

2 m1.9 m2.3 m

Cash From Financing Activities

195.2 k(405.9 k)73.5 k

Income Taxes Paid

(179 k)(263.2 k)(265.3 k)
Y, 2015

Financial Leverage

2.4 x

Traffic Overview of First Mile

First Mile Online and Social Media Presence

First Mile News and Updates

Amazon looks to further logistics automation (AMZN)

This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Amazon has formed a team to investigate how the company might use self-driving technology within its growing logistics network, The Wall Street Jou…

Uber is shutting down one of its restaurant delivery services

Uber plans to shut down UberRush, its backend logistics and courier service, for restaurants on May 8, Quartz has learned. Uber introduced Rush in New…

The Secret to Training for a Marathon: Just Keep Running

Long-distance running rewards effort and willpower. It also rewards steadiness and rhythm. The post The Secret to Training for a Marathon: Just Keep Running appeared first on WIRED.

Logistics providers shift focus to small retailers

This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Logistics providers and small retailers are feeling the effect of Amazon Prime’s free and fast shipping, according to The Wall Street Journal. Smal…

America's newest bikesharing program lets you drop off bikes basically anywhere

Earlier this month, Bay-Area-based startup Spin introduced the first large-scale deployment of a stationless bikesharing program in the US. As of March 11, Austin, Texas now has hundreds of orange Spin bikes randomly scattered around the downtown area, each available for ren…

Delivery management platform Bringg raises $10 million to help any business take on Amazon

 Bringg, a startup taking advantage of the shift toward faster, more transparent on-demand delivery, has raised an additional $10 million in Series B funding, the company announced this morning. The funding was led by Aleph VC, and includes participation from Coca-Cola and prior investor Pereg Ventu…
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First Mile Company Life and Culture

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