Stuarts Truck and Bus Limited
Registered name: STUARTS TRUCK AND BUS LIMITED
Part of A E Stuart Limited groupStuarts Truck and Bus Limited made £60.6m revenue and £2.5m profit in the year to 31 Mar 2025.
Stuarts Truck and Bus Limited’s revenue grew 39% to £60.6m in the year to 31 Mar 2025, with £2.5m profit and 107 employees. The company is classified under “sale of other motor vehicles” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- Age
- 12 yrs · since 2014
- 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. From the filing: “A E Stuart Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £33.9m | £43.4m | £60.6m |
| Cost of sales | £28.3m | £37.3m | £52.8m |
| Gross profit | £5.6m | £6.2m | £7.7m |
| Operating profit | £2.9m | £2.8m | £4.1m |
| Profit before tax | £2.8m | £2.5m | £3.4m |
| Profit after tax | £2.3m | £1.7m | £2.5m |
| Profit (best available) | £2.3m | £1.7m | £2.5m |
| Staff costs | £3.6m | £4.5m | £5.1m |
| Employees (average) | 90 | 98 | 107 |
| Ratios | |||
| Profit margin | 6.9% | 4% | 4.1% |
| Gross margin | 16.5% | 14.2% | 12.8% |
| Revenue per employee | £376k | £443k | £566k |
| Profit per employee | £25.9k | £17.7k | £23.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲28.3% | ▲39.4% |
| Profit growth | — | ▼25.8% | ▲44.8% |
| Headcount growth | — | ▲8.9% | ▲9.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.6m | £833k | £198k |
| Net assets | £4.4m | £4.1m | £3.5m |
| Fixed assets | £1.5m | £1.7m | £1.8m |
| Current assets | £14.3m | £32.6m | £14.4m |
| Debtors | £2.7m | £2.6m | £2.4m |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.1%
- Profit ÷ revenue.
- Gross margin
- 12.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £566k
- Revenue ÷ average employees.
- Profit per employee
- £23.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4%
- 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
- ▼14%
- Now £3.5m
- Cash at bank
- ▼76%
- Now £198k
- Headcount
- ▲9%
- Now 107
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £1.8m
Group structure
Ownership chain
- A E Stuart Limitedultimate parent75–100%
- Stuarts Truck and Bus Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Ems Waste Services LimitedRev. £26.1m · Profit £3.1m
- A E Stuart NO2 LimitedFigures not disclosed
- Brooke Energy Group LimitedFigures not disclosed
- Exeter Waste to Energy LimitedFigures not disclosed
- Stuart Partners LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.5m), from the Companies House accounts bulk data published Dec 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.