How much does D M Stewart Limited make?

D M Stewart Limited reported revenue of £6.2m and £393k profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does D M Stewart Limited have?

D M Stewart Limited reported an average of 80 employees in the year to 30 Nov 2025.

Is D M Stewart Limited profitable?

Yes — D M Stewart Limited reported a profit of £393k in the year to 30 Nov 2025.

Company No. SC030066 · Incorporated 21 May 1954

D M Stewart Limited

Registered name: D M STEWART LIMITED

Part of McCallum Stewart Limited group

D M Stewart Limited made £6.2m revenue and £393k profit in the year to 30 Nov 2025. read from filing text

D M Stewart Limited’s revenue grew 10% to £6.2m in the year to 30 Nov 2025, with £393k profit and 80 employees. The company is classified under “public houses and bars”; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56302Public houses and bars

Status: Active
Location: Scotland
Age: 72 yrs · since 1954
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: “The company's ultimate parent undertaking and controlling party is McCallum Stewart Limited which is incorporated in Scotland. Copies of the financial statements of McCallum Stewart Limited may be obt”

Latest accounts · year to 30 Nov 2025

Key figures

Operating leverageDoing more with lessCash flow filed

Revenue

£6.2m

Growth ▲10.1%

Profit

£393k

Growth ▲45%

Profit margin

6.3%

Gross 38.5%

Employees

Change ▼7%

Profit / employee

£4.9k

Revenue/employee £77.5k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£3.9m	£5.3m	£5.6m	£6.2m
Cost of sales	£2.7m	£3.4m	£3.6m	£3.8m
Gross profit	£1.2m	£1.9m	£2m	£2.4m
Operating profit	£70.7k	£465k	£542k	£636k
Profit before tax	£413	£322k	£415k	£538k
Profit after tax	−£23.2k	£136k	£271k	£393k
Profit (best available)	−£23.2k	£136k	£271k	£393k
Staff costs	£1.6m	£1.9m	£2.1m	£2.4m
Employees (average)	72	83	86	80
Ratios
Profit margin	−0.6%	2.6%	4.8%	6.3%
Gross margin	31%	35.4%	35.8%	38.5%
Revenue per employee	£54.6k	£63.7k	£65.5k	£77.5k
Profit per employee	−£322	£1.6k	£3.1k	£4.9k
Cash conversion	−518.4%	−179.8%	−161.1%	−154.6%
Growth (year on year)
Revenue growth	—	▲34.6%	▲6.5%	▲10.1%
Profit growth	—	—	▲99.6%	▲45%
Headcount growth	—	▲15.3%	▲3.6%	▼7%
Balance sheet — indirect signals, not revenue
Cash at bank	£708k	£443k	£420k	£577k
Net assets	£3.8m	£3.7m	£5.6m	£5.7m
Fixed assets	£7.2m	£7m	£9m	£8.7m
Current assets	£923k	£673k	£658k	£830k
Debtors	£4.7k	£3.8k	£2.4k	£16.3k
Deferred income	£40.5k	£50.8k	£55k	£52.4k
Cash from operations	−£367k	−£836k	−£873k	−£983k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 6.3%; Profit ÷ revenue.
Gross margin: 38.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £77.5k; Revenue ÷ average employees.
Profit per employee: £4.9k; Profit ÷ average employees.
Cash conversion: −154.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 140.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: ▲1%; Now £5.7m
Cash at bank: ▲38%; Now £577k
Headcount: ▼7%; Now 80
Deferred income: ▼5%; Now £52.4k
Fixed assets: ▼3%; Now £8.7m

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

Ownership chain

McCallum Stewart Limitedultimate parent75–100%
D M Stewart Limitedthis company

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

Subsidiaries (1)

Ben Challum LimitedRev. — · Profit £50.6k

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 FullAccounts for the year to 30 Nov 2025 (profit £393k), 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.