Greener Ealing Ltd (GEL), Ealing Council's wholly-owned company responsible for waste, recycling, and street cleaning, experienced a drop in profits for the financial year 2024/25, resulting in no dividends being paid. The Public reports pack presented to the Shareholder Committee on Monday, 20 October 2025, revealed a profit before taxation of £264,772, down from £320,935 in the previous year. Despite the profit decrease, there were no expressed concerns regarding the reappointment of Beever and Struthers as external auditors.
The Shareholder Committee met to review and approve the GEL accounts for the financial year 2024/25, as well as consider the appointment of external auditors for the financial year 2025/26, according to the meeting agenda.
The minutes from the 26 August 2025 Shareholder Committee meeting, chaired by Councillor Peter Mason (Leader of the Council), were also approved. Councillors Louise Brett (Deputy Leader and Cabinet Member for Safe and Genuinely Affordable Homes), Councillor Stephen Donnelly (Cabinet Member for Inclusive Economy), and Councillor Paul Driscoll (Cabinet Member for Climate Action) were in attendance.
The Shareholder Committee agreed to appoint Beever and Struthers as external auditors for the financial year 2025/26. The firm also served as auditors for the financial year 2024/25. The report recommended agreeing to their appointment for the financial year 2025/26.
The report highlighted GEL's role as a major employer in the borough and its contribution to the council's climate crisis objectives. It also recognised the company's importance in ensuring a fair and equitable borough for all residents.
The Shareholder Agreement, approved in June 2025, requires the committee to consider the company's accounts and auditor's report. Joe Blanchard, Assistant Director, Community Protection, and Catherina Pack, Head of Street Care and Waste Management, authored the report.
