How much does John Davidson (Pipes) Limited make?

John Davidson (Pipes) Limited reported revenue of £88.5m and £4.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does John Davidson (Pipes) Limited have?

John Davidson (Pipes) Limited reported an average of 253 employees in the year to 31 Dec 2025.

Is John Davidson (Pipes) Limited profitable?

Yes — John Davidson (Pipes) Limited reported a profit of £4.2m in the year to 31 Dec 2025.

Company No. SC050397 · Incorporated 25 Apr 1972

John Davidson (Pipes) Limited

Registered name: JOHN DAVIDSON (PIPES) LIMITED

John Davidson (Pipes) Limited made £88.5m revenue and £4.2m profit in the year to 31 Dec 2025.

John Davidson (Pipes) Limited’s revenue grew 11% to £88.5m in the year to 31 Dec 2025, with £4.2m profit and 253 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Inverurie; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials

Status: Active
Location: Inverurie, Scotland
Age: 54 yrs · since 1972
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: “Tessenderlo Holding UK Ltd”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage

Revenue

£88.5m

Growth ▲10.9%

Profit

£4.2m

Growth ▲53.4%

Profit margin

4.7%

Gross 32.6%

Employees

253

Change ▲1.2%

Profit / employee

£16.4k

Revenue/employee £350k

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&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£78.9m	£79.8m	£88.5m
Cost of sales	£54.2m	£54.6m	£59.7m
Gross profit	£24.7m	£25.3m	£28.8m
Operating profit	£3.5m	£3.8m	£5.6m
Profit before tax	£3.4m	£3.7m	£5.5m
Profit after tax	£2.5m	£2.7m	£4.2m
Profit (best available)	£2.5m	£2.7m	£4.2m
Staff costs	£9.9m	£10.9m	£12.1m
Employees (average)	243	250	253
Ratios
Profit margin	3.2%	3.4%	4.7%
Gross margin	31.3%	31.6%	32.6%
Revenue per employee	£325k	£319k	£350k
Profit per employee	£10.4k	£10.8k	£16.4k
Growth (year on year)
Revenue growth	—	▲1.1%	▲10.9%
Profit growth	—	▲7.5%	▲53.4%
Headcount growth	—	▲2.9%	▲1.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£64k	£134k	£62k
Net assets	£15.6m	£18.4m	£20.1m
Fixed assets	£5.3m	£5.6m	£7.1m
Current assets	£21.3m	£23.6m	£23.3m
Debtors	£9.4m	£9.5m	£9.4m
Deferred income	£1m	£689k	£994k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.7%; Profit ÷ revenue.
Gross margin: 32.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £350k; Revenue ÷ average employees.
Profit per employee: £16.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.6%; 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: ▲10%; Now £20.1m
Cash at bank: ▼54%; Now £62k
Headcount: ▲1%; Now 253
Deferred income: ▲44%; Now £994k
Fixed assets: ▲26%; Now £7.1m

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 Dec 2025 (profit £4.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.