John Menzies Corporate Services Limited
Registered name: JOHN MENZIES CORPORATE SERVICES LIMITED
Part of John Menzies Limited groupJohn Menzies Corporate Services Limited made £2.5m revenue and £199k profit in the year to 31 Dec 2023. read from filing text
John Menzies Corporate Services Limited’s revenue fell 52% to £2.5m in the year to 31 Dec 2023, with £199k profit and 21 employees. The company is classified under “non-trading company” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 34 yrs · since 1992
- 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 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £5.6m | £5.2m | £2.5m |
| Operating profit | £268k | £248k | £120k |
| Profit before tax | £297k | £288k | £199k |
| Profit (best available) | £297k | £288k | £199k |
| Staff costs | £5.4m | £5m | £2.4m |
| Employees (average) | 51 | 51 | 21 |
| Ratios | |||
| Profit margin | 5.3% | 5.5% | 7.9% |
| Revenue per employee | £110k | £102k | £119k |
| Profit per employee | £5.8k | £5.6k | £9.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.3% | ▼51.9% |
| Profit growth | — | ▼3% | ▼30.9% |
| Headcount growth | — | 0% | ▼58.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £3m | £3.3m | £3.4m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 7.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £119k
- Revenue ÷ average employees.
- Profit per employee
- £9.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲3%
- Now £3.4m
- Cash at bank
- —
- Now —
- Headcount
- ▼59%
- Now 21
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- John Menzies Limitedultimate parent75–100%
- John Menzies Corporate Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (13)
- John Menzies Property 1 LimitedRev. £2m · Profit £79k
- Cargosave LimitedFigures not disclosed
- John Menzies (Birmingham) LimitedFigures not disclosed
- John Menzies (Edinburgh) LimitedFigures not disclosed
- John Menzies Finance LimitedRev. — · Profit £4.9m
- John Menzies Property 2 LimitedFigures not disclosed
- John Menzies Property 3 LimitedFigures not disclosed
- Menzies Aviation International LimitedFigures not disclosed
- Menzies Group Holdings LimitedRev. — · Profit −£5.1m
- Menzies Services LimitedFigures not disclosed
- Menzies Wholesale LimitedFigures not disclosed
- Menzies Worldwide Distribution LimitedFigures not disclosed
- The Menzies Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £199k), from the Companies House accounts bulk data published Jul 2024. 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.