Marshall Land Systems Ltd
Registered name: MARSHALL LAND SYSTEMS LTD
Marshall Land Systems Ltd made £62.6m revenue and a £34m loss in the year to 31 Dec 2024.
Marshall Land Systems Ltd’s revenue grew 22% to £62.6m in the year to 31 Dec 2024, with a loss of £34m and 432 employees. The company is classified under “manufacture of bodies (coachwork) for motor vehicles (except caravans)” and is based in Cambridge; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cambridge, East of England
- Age
- 34 yrs · since 1991
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £51.4m | £62.6m |
| Cost of sales | £52.2m | £75.1m |
| Gross profit | −£823k | −£12.5m |
| Operating profit | −£6.8m | −£32.8m |
| Profit before tax | −£9m | −£36.3m |
| Profit after tax | −£5m | −£34m |
| Profit (best available) | −£5m | −£34m |
| Employees (average) | 431 | 432 |
| Ratios | ||
| Profit margin | −9.7% | −54.3% |
| Gross margin | −1.6% | −19.9% |
| Revenue per employee | £119k | £145k |
| Profit per employee | −£11.5k | −£78.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲21.8% |
| Headcount growth | — | ▲0.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.3m | £2.1m |
| Net assets | −£9.7m | −£43.6m |
| Fixed assets | £3.5m | £1.1m |
| Current assets | £63.4m | £66.1m |
| Debtors | £4.2m | £5.8m |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −54.3%
- Profit ÷ revenue.
- Gross margin
- −19.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £145k
- Revenue ÷ average employees.
- Profit per employee
- −£78.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.3%
- 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
- —
- Now −£43.6m
- Cash at bank
- ▼7%
- Now £2.1m
- Headcount
- ▲0%
- Now 432
- Deferred income
- —
- Now £0
- Fixed assets
- ▼70%
- 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
Subsidiaries (1)
- Marshall Specialist Vehicles LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£34m), from the Companies House accounts bulk data published Apr 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.