Molson Equipment Services Ltd
Registered name: MOLSON EQUIPMENT SERVICES LTD
Part of Molson Group Ltd groupMolson Equipment Services Ltd made £186m revenue and a £1.6m loss in the year to 30 Sep 2024.
Molson Equipment Services Ltd’s revenue fell 18% to £186m in the year to 30 Sep 2024, with a loss of £1.6m and 269 employees. The company is classified under “wholesale of mining, construction and civil engineering machinery” and is based in Bristol; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 19 yrs · since 2007
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £226m | £226m | £186m |
| Cost of sales | £203m | £202m | £170m |
| Gross profit | £23.5m | £23.9m | £16.3m |
| Operating profit | £6.3m | £4.1m | £27k |
| Profit before tax | £5.8m | £2.7m | −£2.9m |
| Profit after tax | £5.1m | £1.8m | −£1.6m |
| Profit (best available) | £5.1m | £1.8m | −£1.6m |
| Staff costs | £12.8m | £13.8m | £14.2m |
| Employees (average) | 231 | 260 | 269 |
| Ratios | |||
| Profit margin | 2.2% | 0.8% | −0.9% |
| Gross margin | 10.4% | 10.6% | 8.7% |
| Revenue per employee | £980k | £871k | £692k |
| Profit per employee | £21.9k | £7.1k | −£5.9k |
| Growth (year on year) | |||
| Revenue growth | — | 0% | ▼17.8% |
| Profit growth | — | ▼63.6% | ▼185.7% |
| Headcount growth | — | ▲12.6% | ▲3.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.2m | £12.5m | £992k |
| Net assets | £17.2m | £19m | £17.5m |
| Fixed assets | £9.7m | £13.5m | £18.4m |
| Current assets | £143m | £175m | £156m |
| Debtors | £28.8m | £23.9m | £24.8m |
| Deferred income | £19.9m | £11.6m | £12.9m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −0.9%
- Profit ÷ revenue.
- Gross margin
- 8.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £692k
- Revenue ÷ average employees.
- Profit per employee
- −£5.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.3%
- 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
- ▼8%
- Now £17.5m
- Cash at bank
- ▼92%
- Now £992k
- Headcount
- ▲3%
- Now 269
- Deferred income
- ▲11%
- Now £12.9m
- Fixed assets
- ▲36%
- Now £18.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Molson Group Ltdultimate parent75–100%
- Molson Equipment Services Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Total Attachment Company LtdFigures not disclosed
Sister companies (5)
- Molson Scotland LimitedRev. £24.9m · Profit £214k
- Capital Equipment Finance LtdFigures not disclosed
- Finlay Scotland LimitedFigures not disclosed
- Hydratech LimitedFigures not disclosed
- Molson Green LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£1.6m), from the Companies House accounts bulk data published Jun 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.