How much does Mervyn Stewart Limited make?

Mervyn Stewart Limited reported revenue of £52.7m and £645k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Mervyn Stewart Limited have?

Mervyn Stewart Limited reported an average of 85 employees in the year to 31 Dec 2025.

Is Mervyn Stewart Limited profitable?

Yes — Mervyn Stewart Limited reported a profit of £645k in the year to 31 Dec 2025.

Company No. NI005804 · Incorporated 24 Dec 1963

Mervyn Stewart Limited

Registered name: MERVYN STEWART LIMITED

Mervyn Stewart Limited made £52.7m revenue and £645k profit in the year to 31 Dec 2025. read from filing text

Mervyn Stewart Limited’s revenue fell 14% to £52.7m in the year to 31 Dec 2025, with £645k profit and 85 employees. The company is classified under “sale of new cars and light motor vehicles”; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles SIC 45112Sale of used cars and light motor vehicles SIC 45200Maintenance and repair of motor vehicles SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Northern Ireland
Age: 62 yrs · since 1963
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£52.7m

Growth ▼14.4%

Profit

£645k

Growth ▼18.3%

Profit margin

1.2%

Gross 7.6%

Employees

Change 0%

Profit / employee

£7.6k

Revenue/employee £621k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£50.7m	£61.6m	£52.7m
Cost of sales	£46.9m	£57.5m	£48.7m
Gross profit	£3.8m	£4.1m	£4m
Operating profit	£1.1m	£1.1m	£883k
Profit before tax	£1m	£1.1m	£881k
Profit after tax	£759k	£789k	£645k
Profit (best available)	£759k	£789k	£645k
Staff costs	£2.9m	£3.4m	£3.4m
Employees (average)	76	85	85
Ratios
Profit margin	1.5%	1.3%	1.2%
Gross margin	7.4%	6.7%	7.6%
Revenue per employee	£667k	£725k	£621k
Profit per employee	£10k	£9.3k	£7.6k
Cash conversion	−33.8%	−173.3%	−24.3%
Growth (year on year)
Revenue growth	—	▲21.6%	▼14.4%
Profit growth	—	▲3.9%	▼18.3%
Headcount growth	—	▲11.8%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£431k	£1.3m	£527k
Net assets	£5.9m	£6.6m	£7.2m
Fixed assets	£5m	£5.2m	£5.1m
Current assets	£9m	£12.3m	£8m
Debtors	£1.7m	£1.8m	£684k
Deferred income	£269k	£303k	£236k
Cash from operations	−£364k	−£1.9m	−£215k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 7.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £621k; Revenue ÷ average employees.
Profit per employee: £7.6k; Profit ÷ average employees.
Cash conversion: −24.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; 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: ▲8%; Now £7.2m
Cash at bank: ▼59%; Now £527k
Headcount: 0%; Now 85
Deferred income: ▼22%; Now £236k
Fixed assets: ▼2%; Now £5.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Philip Petersen LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £645k), from the Companies House accounts bulk data published Aug 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.