How much does Jack Reid Cars Limited make?

Jack Reid Cars Limited reported revenue of £16m and £922k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Jack Reid Cars Limited have?

Jack Reid Cars Limited reported an average of 13 employees in the year to 31 Mar 2025.

Is Jack Reid Cars Limited profitable?

Yes — Jack Reid Cars Limited reported a profit of £922k in the year to 31 Mar 2025.

Company No. NI068327 · Incorporated 3 Mar 2008

Jack Reid Cars Limited

Registered name: JACK REID CARS LIMITED

Jack Reid Cars Limited made £16m revenue and £922k profit in the year to 31 Mar 2025.

Jack Reid Cars Limited’s revenue grew 17% to £16m in the year to 31 Mar 2025, with £922k profit and 13 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Carrickfergus; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45112Sale of used cars and light motor vehicles SIC 45200Maintenance and repair of motor vehicles

Status: Active
Location: Carrickfergus, Northern Ireland
Age: 18 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£16m

Growth ▲16.7%

Profit

£922k

Growth ▲141.6%

Profit margin

5.8%

Gross 14.2%

Employees

Change ▼45.8%

Profit / employee

£71k

Revenue/employee £1.2m

Profitable streak

2yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£13.7m	£16m
Cost of sales	—	—	£12m	£13.7m
Gross profit	—	—	£1.7m	£2.3m
Operating profit	—	—	£505k	£1.1m
Profit before tax	—	—	£545k	£1.2m
Profit after tax	—	—	£382k	£922k
Profit (best available)	—	—	£382k	£922k
Staff costs	—	—	£805k	£648k
Employees (average)	15	21	24	13
Ratios
Profit margin	—	—	2.8%	5.8%
Gross margin	—	—	12.6%	14.2%
Revenue per employee	—	—	£570k	£1.2m
Profit per employee	—	—	£15.9k	£71k
Cash conversion	—	—	89.8%	93.5%
Growth (year on year)
Revenue growth	—	—	—	▲16.7%
Profit growth	—	—	—	▲141.6%
Headcount growth	—	▲40%	▲14.3%	▼45.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.9m	£2.4m	£2.1m	£2.9m
Net assets	£4.3m	£5m	£5.4m	£6.3m
Fixed assets	£479k	£476k	£898k	£1m
Current assets	£4.9m	£5.6m	£5.4m	£6m
Debtors	£78.6k	£41.7k	£37.3k	£87.7k
Deferred income	—	—	£264k	£10k
Cash from operations	—	—	£453k	£1m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 5.8%; Profit ÷ revenue.
Gross margin: 14.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £71k; Profit ÷ average employees.
Cash conversion: 93.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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: ▲17%; Now £6.3m
Cash at bank: ▲37%; Now £2.9m
Headcount: ▼46%; Now 13
Deferred income: ▼96%; Now £10k
Fixed assets: ▲15%; Now £1m

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £922k), 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.