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)
London, GB
Size (employees)
66 (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


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.

Revenue (FY, 2015)

11.3 m

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


Gross profit (FY, 2015)

4.1 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

1 m

Cash (31-Dec-2015)

3.4 m
GBPFY, 2013FY, 2014FY, 2015


7.3 m9.1 m11.3 m

Revenue growth, %


Cost of goods sold

5.6 m7.3 m

Gross profit

3.5 m4.1 m

Gross profit Margin, %


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


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


1 m2.5 m2.6 m


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

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

First Mile Online and Social Media Presence

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First Mile Company Life and Culture

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