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Company No. 03537677 · Incorporated 31 Mar 1998

R.V.W. Pugh Ltd.

Registered name: R.V.W. PUGH LTD.

R.V.W. Pugh Ltd. made £23.7m revenue and £1.5m profit in the year to 28 Feb 2025.

R.V.W. Pugh Ltd.’s revenue grew 9% to £23.7m in the year to 28 Feb 2025, with £1.5m profit and 73 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Powys; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46610Wholesale of agricultural machinery, equipment and supplies
Status
Active
Location
Powys, West Midlands
Age
28 yrs · since 1998
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentOperating leverage
Revenue
£23.7m
Growth ▲8.7%
Profit
£1.5m
Growth ▲728.4%
Profit margin
6.2%
Gross 8.4%
Employees
73
Change 0%
Profit / employee
£20k
Revenue/employee £325k
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 to28 Feb 202228 Feb 202329 Feb 202428 Feb 2025
DisclosureProfit onlyFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£25.1m£21.8m£23.7m
Cost of sales—£21.9m£19.8m£21.7m
Gross profit—£3.3m£2m£2m
Operating profit£2.2m£3m£479k£2.4m
Profit before tax£2.1m£2.9m£275k£1.9m
Profit after tax£1.7m£2.5m£176k£1.5m
Profit (best available)£1.7m£2.5m£176k£1.5m
Staff costs£2.2m£2.3m£2.2m£2.4m
Employees (average)77797373
Ratios
Profit margin—10%0.8%6.2%
Gross margin—13%9.4%8.4%
Revenue per employee—£318k£299k£325k
Profit per employee£21.6k£31.8k£2.4k£20k
Growth (year on year)
Revenue growth——▼13.2%▲8.7%
Profit growth—▲51.1%▼93%▲728.4%
Headcount growth—▲2.6%▼7.6%0%
Balance sheet — indirect signals, not revenue
Cash at bank£991k£144k£6.9k£7.4k
Net assets£12.4m£15m£15.1m£16.6m
Fixed assets£4.1m£4.9m£5.4m£8m
Current assets£14.7m£18.3m£17.9m£17.5m
Debtors£2.3m£3.2m£2.4m£1.6m
Deferred income£3.1m£5.1m£4.6m£4.3m
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
6.2%
Profit ÷ revenue.
Gross margin
8.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£325k
Revenue ÷ average employees.
Profit per employee
£20k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
33.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
18%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.7%
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
▲10%
Now £16.6m
Cash at bank
▲9%
Now £7.4k
Headcount
0%
Now 73
Deferred income
▼6%
Now £4.3m
Fixed assets
▲47%
Now £8m

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

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £1.5m), from the Companies House accounts bulk data published Nov 2025. 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.