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)
62 (est)+20%
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 Metrics

Summary Metrics

Founding Date

2003

First Mile Financial Metrics

Revenue (2015)

£11.3 m

Revenue growth (2014-15), %

24%

Gross profit

£4.1 m

Gross profit margin (2015), %

36%

Net income (2015)

£1 m

Cash (31-Dec-2015)

£3.4 m
First Mile's revenue was reported to be £11.3 m in FY, 2015 which is a 24% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£7.3 m£9.1 m£11.3 m

Revenue growth, %

26%24%

Cost of goods sold

£5.6 m£7.3 m

Gross profit

£3.5 m£4.1 m

Gross profit Margin, %

38%36%

Operating expense total

£2.2 m£2.6 m

Pre tax profit

£1.5 m£1.2 m£1.3 m

Net Income

£1.3 m£935.8 k£1 m
FY, 2013FY, 2014FY, 2015

Cash

£2.5 m£2.3 m£3.4 m

Accounts Receivable

£720.1 k£911.8 k£1.3 m

Current Assets

£3.8 m£3.9 m£5.5 m

PP&E

£1 m£2.5 m£2.6 m

Goodwill

£558.5 k£691.6 k£729.9 k

Total Assets

£5.4 m£7.1 m£8.8 m

Accounts Payable

£525.4 k£721 k£750.8 k

Current Liabilities

£2.2 m£3.1 m£3.6 m

Retained Earnings

£962.4 k£591 k£537.4 k

Total Equity

£2.5 m£3.1 m£3.6 m

Financial Leverage

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

Cash From Operating Activities

£2 m£1.9 m£2.3 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)

First Mile Online Presence

First Mile News

First Mile Company Life

You may also be interested in