How much does Massey Truck Engineering Limited make?

Massey Truck Engineering Limited reported revenue of £15.5m and £908k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Massey Truck Engineering Limited have?

Massey Truck Engineering Limited reported an average of 80 employees in the year to 31 Dec 2025.

Is Massey Truck Engineering Limited profitable?

Yes — Massey Truck Engineering Limited reported a profit of £908k in the year to 31 Dec 2025.

Company No. 02602321 · Incorporated 17 Apr 1991

Massey Truck Engineering Limited

Registered name: MASSEY TRUCK ENGINEERING LIMITED

Part of Strevens Vehicles Holdings Limited group

Massey Truck Engineering Limited made £15.5m revenue and £908k profit in the year to 31 Dec 2025.

Massey Truck Engineering Limited’s revenue fell 5% to £15.5m in the year to 31 Dec 2025, with £908k profit and 80 employees. The company is classified under “manufacture of bodies (coachwork) for motor vehicles (except caravans)” and is based in Leicester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 29201Manufacture of bodies (coachwork) for motor vehicles (except caravans)SIC 45200Maintenance and repair of motor vehicles

Status: Active
Location: Leicester, East Midlands
Age: 35 yrs · since 1991
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. From the filing: “Strevens Vehicles Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£15.5m

Growth ▼5%

Profit

£908k

Growth ▼1.9%

Profit margin

5.8%

Gross 24.8%

Employees

Change ▼13%

Profit / employee

£11.3k

Revenue/employee £194k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£20m	£28.2m	£16.4m	£15.5m
Cost of sales	£16.5m	£23.3m	£12.6m	£11.7m
Gross profit	£3.5m	£4.9m	£3.7m	£3.9m
Operating profit	£1.3m	£1.6m	£1.3m	£1.3m
Profit before tax	£1.3m	£1.6m	£1.3m	£1.3m
Profit after tax	£991k	£1.1m	£925k	£908k
Profit (best available)	£991k	£1.1m	£925k	£908k
Staff costs	£3.2m	£3.8m	£3.7m	£3.8m
Employees (average)	84	92	92	80
Ratios
Profit margin	5%	3.9%	5.7%	5.8%
Gross margin	17.4%	17.3%	22.7%	24.8%
Revenue per employee	£238k	£306k	£178k	£194k
Profit per employee	£11.8k	£11.8k	£10.1k	£11.3k
Growth (year on year)
Revenue growth	—	▲41.3%	▼41.9%	▼5%
Profit growth	—	▲9.7%	▼14.8%	▼1.9%
Headcount growth	—	▲9.5%	0%	▼13%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£4.6m	£6.5m	£6.8m
Net assets	£5.8m	£6.9m	£7.8m	£8.7m
Fixed assets	£919k	£938k	£933k	£903k
Current assets	£11.2m	£12.6m	£10.3m	£13.2m
Debtors	£3.8m	£2.9m	£1.4m	£1.3m
Deferred income	£766k	£1.2m	£781k	£606k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 5.8%; Profit ÷ revenue.
Gross margin: 24.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £194k; Revenue ÷ average employees.
Profit per employee: £11.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.6%; 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: ▲12%; Now £8.7m
Cash at bank: ▲5%; Now £6.8m
Headcount: ▼13%; Now 80
Deferred income: ▼22%; Now £606k
Fixed assets: ▼3%; Now £903k

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

Strevens Vehicles Holdings Limitedultimate parent75–100%
Massey Truck Engineering Limitedthis company

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

Sister companies (1)

Ford & Slater LimitedRev. £367m · Profit £3.8m

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £908k), from the Companies House accounts bulk data published Sep 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.