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.
- Status
- Active
- Location
- Powys, West Midlands
- Age
- 28 yrs · since 1998
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full 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) | 77 | 79 | 73 | 73 |
| 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 |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
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.
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.
Similar profitable businesses
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- £23.5m
- Profit
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- Staff
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- Vencomatic Poultry UK LimitedThirsk · Wholesale of agricultural machinery, equipment and supplies
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- £25.2m
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- Frank Sutton LimitedMonmouthshire · Wholesale of agricultural machinery, equipment and supplies
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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.