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.
London, GB
Size (employees)
92 (est)+3%
First Mile was founded in 2003 and is headquartered in London, GB
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Key People/Management at First Mile

Bruce Bratley

Bruce Bratley

CEO and Co-Founder

First Mile Office Locations

First Mile has offices in Greater London and London
London, GB (HQ)
22 Highbury Grove
Greater London, GB
22 Highbury Grove
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First Mile Financials and Metrics

Summary Metrics

Founding Date

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First Mile Financials

First Mile's revenue was reported to be £14.26 m in FY, 2016

Revenue (FY, 2016)

14.3 m

Gross profit (FY, 2016)

5.2 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

1.6 m

EBITDA (FY, 2016)

2.8 m

EBIT (FY, 2016)

2.1 m

Cash (31-Dec-2016)

3 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


5 m7.3 m9.1 m11.5 m14.3 m

Revenue growth, %


Cost of goods sold

5.6 m7.3 m9.1 m

Gross profit

3.5 m4.2 m5.2 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


295.5 k363.1 k280.2 k549.2 k1.1 m1.7 m2.5 m2.3 m3.4 m3 m

Accounts Receivable

303.1 k257.2 k325.1 k365.6 k443.1 k657.9 k720.1 k911.8 k1.3 m1.8 m


30 k44 k79.3 k153.9 k136 k146.6 k196.4 k

Current Assets

598.6 k620.4 k605.3 k963.7 k1.7 m2.8 m3.8 m3.9 m5.6 m6 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

445.4 k1.3 m935.8 k1.1 m1.6 m

Cash From Operating Activities

1.7 m2 m1.9 m2.1 m2.1 m

Dividends Paid

157 k336 k344.8 k502.3 k747.2 k

Cash From Financing Activities

106.5 k195.2 k(405.9 k)84.6 k(661.9 k)
GBPY, 2016


272.8 k


0.1 x


0.1 x

Financial Leverage

2.1 x
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