How much does Pass J. Holdings Limited make?

Pass J. Holdings Limited reported revenue of £11.9m and £154k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Pass J. Holdings Limited have?

Pass J. Holdings Limited reported an average of 102 employees in the year to 31 Jan 2025.

Is Pass J. Holdings Limited profitable?

Yes — Pass J. Holdings Limited reported a profit of £154k in the year to 31 Jan 2025.

Company No. 01949116 · Incorporated 20 Sep 1985

Pass J. Holdings Limited

Registered name: PASS J. HOLDINGS LIMITED

Part of O'Leary Group Limited group

Pass J. Holdings Limited made £11.9m revenue and £154k profit in the year to 31 Jan 2025.

Pass J. Holdings Limited’s revenue fell 2% to £11.9m in the year to 31 Jan 2025, with £154k profit and 102 employees. The company is classified under “freight transport by road” and is based in Leytonstone; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Leytonstone, London
Age: 41 yrs · since 1985
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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.

Latest accounts · year to 31 Jan 2025

Key figures

Boring industry

Revenue

£11.9m

Growth ▼2.1%

Profit

£154k

Growth ▲313.8%

Profit margin

1.3%

Gross 29.5%

Employees

102

Change ▼1.9%

Profit / employee

£1.5k

Revenue/employee £116k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.4m	£12.3m	£12.1m	£11.9m
Cost of sales	£8.6m	£9.5m	£8.6m	£8.4m
Gross profit	£2.8m	£2.8m	£3.5m	£3.5m
Operating profit	£327k	£344k	£271k	£392k
Profit before tax	£448k	£261k	£208k	£154k
Profit after tax	£116k	£350k	£37.1k	£154k
Profit (best available)	£116k	£350k	£37.1k	£154k
Staff costs	£4m	£4m	£3.7m	£4.1m
Employees (average)	103	109	104	102
Ratios
Profit margin	1%	2.9%	0.3%	1.3%
Gross margin	24.3%	22.7%	28.7%	29.5%
Revenue per employee	£111k	£113k	£116k	£116k
Profit per employee	£1.1k	£3.2k	£357	£1.5k
Growth (year on year)
Revenue growth	—	▲7.8%	▼1.4%	▼2.1%
Profit growth	—	▲202.2%	▼89.4%	▲313.8%
Headcount growth	—	▲5.8%	▼4.6%	▼1.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£132k	£224k	£270k	£228k
Net assets	£6.7m	£7m	£7.1m	£7.2m
Fixed assets	£5.3m	£4.9m	£4.6m	£4.3m
Current assets	£7m	£7.7m	£7.2m	£9.2m
Debtors	£1.4m	£1.6m	£1.2m	£2.2m
Deferred income	£357k	£292k	£142k	£79.9k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 29.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £116k; Revenue ÷ average employees.
Profit per employee: £1.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 35.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲2%; Now £7.2m
Cash at bank: ▼16%; Now £228k
Headcount: ▼2%; Now 102
Deferred income: ▼44%; Now £79.9k
Fixed assets: ▼7%; Now £4.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

O'Leary Group Limitedultimate parent75–100%
Pass J. Holdings Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Apol Silva & Orchards LimitedRev. — · Profit −£8.8m
O’leary Investments LimitedFigures not disclosed
The Marquis of Cornwallis LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £154k), from the Companies House accounts bulk data published Jan 2026. 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.