Royston Limited
Registered name: ROYSTON LIMITED
Part of Royston Power Generation Limited groupRoyston Limited made £14.1m revenue and a £536k loss in the year to 28 Feb 2023.
Royston Limited’s revenue grew 12% to £14.1m in the year to 28 Feb 2023, with a loss of £536k and 61 employees. The company is classified under “repair of machinery” and is based in Wincomblee Road; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wincomblee Road, North East
- Age
- 48 yrs · since 1978
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £12.6m | £14.1m |
| Cost of sales | £9.8m | £11.6m |
| Gross profit | £2.8m | £2.5m |
| Operating profit | −£667k | −£522k |
| Profit before tax | −£672k | −£536k |
| Profit after tax | −£597k | −£536k |
| Profit (best available) | −£597k | −£536k |
| Employees (average) | 60 | 61 |
| Ratios | ||
| Profit margin | −4.7% | −3.8% |
| Gross margin | 22.5% | 17.5% |
| Revenue per employee | £210k | £231k |
| Profit per employee | −£9.9k | −£8.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲11.8% |
| Headcount growth | — | ▲1.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £1.4m |
| Net assets | £4.8m | £4.2m |
| Fixed assets | £1.3m | £1.1m |
| Current assets | £6.7m | £6.8m |
| Debtors | £2.4m | £2.6m |
| Deferred income | £671k | £659k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 |
How the business works
- Profit margin
- −3.8%
- Profit ÷ revenue.
- Gross margin
- 17.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £231k
- Revenue ÷ average employees.
- Profit per employee
- −£8.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼11%
- Now £4.2m
- Cash at bank
- ▼0%
- Now £1.4m
- Headcount
- ▲2%
- Now 61
- Deferred income
- ▼2%
- Now £659k
- Fixed assets
- ▼12%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Royston Power Generation Limitedultimate parent75–100%
- Royston Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Royston Marine Engineering LimitedFigures not disclosed
- Royston Marine LimitedFigures not disclosed
- Royston Marine Sales LimitedFigures not disclosed
- Shipaid Diesel Services LimitedFigures not disclosed
Sister companies (2)
- Royston Engineering Group LimitedFigures not disclosed
- Royston Scotland LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Coyle Equipment Services LimitedGreenford · Repair of machinery
- Revenue
- £14.8m
- Profit
- £2m
- Staff
- 54
- Fletcher Moorland LimitedRepair of machinery
- Revenue
- £13.4m
- Profit
- £1.4m
- Staff
- 115
- CTS Offshore and Marine LimitedLondon · Repair of machinery
- Revenue
- £13.2m
- Profit
- £403k
- Staff
- 98
- Workplatform LimitedCastle Donington · Repair of machinery
- Revenue
- £15.9m
- Profit
- £231k
- Staff
- 27
- Balmers GM LimitedBury · Repair of machinery
- Revenue
- £16m
- Profit
- £210k
- Staff
- 62
- Knowlton and Newman LimitedManchester · Repair of machinery
- Revenue
- £12m
- Profit
- £1.4m
- Staff
- 53
Sources
Latest figures from accounts for the year to 28 Feb 2023 (profit −£536k), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.