How much does William Reid Limited make?

William Reid Limited reported revenue of £5.7m and £964k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does William Reid Limited have?

William Reid Limited reported an average of 13 employees in the year to 31 Dec 2025.

Is William Reid Limited profitable?

Yes — William Reid Limited reported a profit of £964k in the year to 31 Dec 2025.

Company No. NI000647 · Incorporated 5 Dec 1930

William Reid Limited

Registered name: WILLIAM REID LIMITED

Part of J. & J. Denholm Limited group

William Reid Limited made £5.7m revenue and £964k profit in the year to 31 Dec 2025.

William Reid Limited’s revenue grew 26% to £5.7m in the year to 31 Dec 2025, with £964k profit and 13 employees. The company is classified under “cargo handling for water transport activities” and is based in Belfast; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52241Cargo handling for water transport activities

Status: Active
Location: Belfast, Northern Ireland
Age: 95 yrs · since 1930
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£5.7m

Growth ▲26.4%

Profit

£964k

Growth —

Profit margin

16.9%

Gross 38.4%

Employees

Change 0%

Profit / employee

£74.2k

Revenue/employee £439k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.5m	£5.7m
Cost of sales	−£2.3m	−£3.5m
Gross profit	£2.3m	£2.2m
Operating profit	−£129k	£1.1m
Profit before tax	−£203k	£1.3m
Profit after tax	−£152k	£964k
Profit (best available)	−£152k	£964k
Employees (average)	13	13
Ratios
Profit margin	−3.4%	16.9%
Gross margin	50.2%	38.4%
Revenue per employee	£347k	£439k
Profit per employee	−£11.7k	£74.2k
Growth (year on year)
Revenue growth	—	▲26.4%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Sep 2026	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 16.9%; Profit ÷ revenue.
Gross margin: 38.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £439k; Revenue ÷ average employees.
Profit per employee: £74.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: 0%; Now 13
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

J. & J. Denholm Limitedultimate parent75–100%
Denholm Logistics Group Limited75–100%
Hamilton Shipping (Port Services) Limited75–100%
Scruttons (Ni) Limited75–100%
William Reid Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £964k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.