How much does John Mitchell (Grangemouth) Limited make?

John Mitchell (Grangemouth) Limited reported revenue of £21.1m and £750k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does John Mitchell (Grangemouth) Limited have?

John Mitchell (Grangemouth) Limited reported an average of 203 employees in the year to 31 Mar 2024.

Is John Mitchell (Grangemouth) Limited profitable?

Yes — John Mitchell (Grangemouth) Limited reported a profit of £750k in the year to 31 Mar 2024.

Company No. SC053963 · Incorporated 12 Sep 1973

John Mitchell (Grangemouth) Limited

Registered name: JOHN MITCHELL (GRANGEMOUTH) LIMITED

Part of Gregory Trading Holdings Limited group

John Mitchell (Grangemouth) Limited made £21.1m revenue and £750k profit in the year to 31 Mar 2024.

John Mitchell (Grangemouth) Limited’s revenue fell 4% to £21.1m in the year to 31 Mar 2024, with £750k profit and 203 employees. The company is classified under “freight transport by road”; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Scotland
Age: 53 yrs · since 1973
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 Mar 2024

Key figures

Boring industryCash flow filed

Revenue

£21.1m

Growth ▼3.8%

Profit

£750k

Growth ▼56.5%

Profit margin

3.6%

Gross 13.1%

Employees

203

Change ▼8.1%

Profit / employee

£3.7k

Revenue/employee £104k

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 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.6m	£21.9m	£21.1m
Cost of sales	£14.5m	£16.9m	£18.3m
Gross profit	£4.1m	£4.9m	£2.8m
Operating profit	£566k	£2.2m	£1.4m
Profit before tax	£428k	£2m	£1.1m
Profit after tax	£120k	£1.7m	£750k
Profit (best available)	£120k	£1.7m	£750k
Staff costs	£7.1m	£8.5m	£8.6m
Employees (average)	193	221	203
Ratios
Profit margin	0.7%	7.9%	3.6%
Gross margin	22%	22.6%	13.1%
Revenue per employee	£96.1k	£99k	£104k
Profit per employee	£624	£7.8k	£3.7k
Cash conversion	−424.1%	−168%	−225.2%
Growth (year on year)
Revenue growth	—	▲18%	▼3.8%
Profit growth	—	▲1331%	▼56.5%
Headcount growth	—	▲14.5%	▼8.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£572k	£2.2m	£3m
Net assets	£7.9m	£9.1m	£9.7m
Fixed assets	£11.4m	£14.1m	£14.5m
Current assets	£4.5m	£5.7m	£6.7m
Debtors	£3.1m	£3.4m	£3.5m
Deferred income	£649k	£312k	£447k
Cash from operations	−£2.4m	−£3.7m	−£3.2m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 13.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £104k; Revenue ÷ average employees.
Profit per employee: £3.7k; Profit ÷ average employees.
Cash conversion: −225.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 68.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.5%; 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: ▲7%; Now £9.7m
Cash at bank: ▲36%; Now £3m
Headcount: ▼8%; Now 203
Deferred income: ▲43%; Now £447k
Fixed assets: ▲3%; Now £14.5m

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

Gregory Trading Holdings Limitedultimate parent75–100%
Gregory Distribution (Holdings) Limited75–100%
Gregory Distribution Trading Ltd.75–100%
John Mitchell Group Limited75–100%
John Mitchell (Grangemouth) 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 FullAccounts for the year to 31 Mar 2024 (profit £750k), from the Companies House accounts bulk data published Dec 2024. 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.