Reays Coaches Limited
Registered name: REAYS COACHES LIMITED
Reays Coaches Limited made £6.3m revenue and £514k profit in the year to 27 Feb 2025.
Reays Coaches Limited’s revenue grew 27% to £6.3m in the year to 27 Feb 2025, with £514k profit and 91 employees. The company is classified under “other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)” and is based in Wigton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wigton, North West
- Age
- 26 yrs · since 2000
- 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 | 27 Feb 2024 | 27 Feb 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £4.9m | £6.3m |
| Cost of sales | £2.5m | £3.8m |
| Gross profit | £2.5m | £2.5m |
| Operating profit | £1.2m | £990k |
| Profit before tax | £861k | £765k |
| Profit after tax | £580k | £514k |
| Profit (best available) | £580k | £514k |
| Staff costs | £1.7m | £1.9m |
| Employees (average) | 71 | 91 |
| Ratios | ||
| Profit margin | 11.7% | 8.2% |
| Gross margin | 50% | 39% |
| Revenue per employee | £69.6k | £69.2k |
| Profit per employee | £8.2k | £5.6k |
| Cash conversion | 23.7% | 222.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▲27.5% |
| Profit growth | — | ▼11.5% |
| Headcount growth | — | ▲28.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £532k | £1.3m |
| Net assets | £3.8m | £4.3m |
| Fixed assets | £6.5m | £8.4m |
| Current assets | £3.4m | £3.5m |
| Debtors | £644k | £335k |
| Deferred income | £31.1k | £119k |
| Cash from operations | £280k | £2.2m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 8.2%
- Profit ÷ revenue.
- Gross margin
- 39%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69.2k
- Revenue ÷ average employees.
- Profit per employee
- £5.6k
- Profit ÷ average employees.
- Cash conversion
- 222.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 134%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.3%
- 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
- ▲11%
- Now £4.3m
- Cash at bank
- ▲153%
- Now £1.3m
- Headcount
- ▲28%
- Now 91
- Deferred income
- ▲283%
- Now £119k
- Fixed assets
- ▲29%
- Now £8.4m
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 27 Feb 2025 (profit £514k), from the Companies House accounts bulk data published Mar 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.