How much does Hutcheon Services Limited make?

Hutcheon Services Limited reported revenue of £20.1m and £484k profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does Hutcheon Services Limited have?

Hutcheon Services Limited reported an average of 163 employees in the year to 30 Nov 2025.

Is Hutcheon Services Limited profitable?

Yes — Hutcheon Services Limited reported a profit of £484k in the year to 30 Nov 2025.

Company No. SC071884 · Incorporated 17 Jun 1980

Hutcheon Services Limited

Registered name: HUTCHEON SERVICES LIMITED

Part of Hutcheon Investments Limited group

Hutcheon Services Limited made £20.1m revenue and £484k profit in the year to 30 Nov 2025. read from filing text

Hutcheon Services Limited’s revenue fell 2% to £20.1m in the year to 30 Nov 2025, with £484k profit and 163 employees. The company is classified under “electrical installation” and is based in Aberdeen; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Aberdeen, Scotland
Age: 46 yrs · since 1980
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: “Hutcheon Investments Limited, a company registered in Scotland, is the ultimate controlling party.”

Latest accounts · year to 30 Nov 2025

Key figures

Capital-lightBoring industry

Revenue

£20.1m

Growth ▼2%

Profit

£484k

Growth ▼51.1%

Profit margin

2.4%

Gross 17.5%

Employees

163

Change ▼5.2%

Profit / employee

£3k

Revenue/employee £124k

Profitable streak

4yrs

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&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.4m	£21.6m	£20.5m	£20.1m
Cost of sales	£17.4m	£17.9m	£16.5m	£16.6m
Gross profit	£3m	£3.7m	£4m	£3.5m
Operating profit	£564k	£1.5m	£1.4m	£858k
Profit before tax	£549k	£1.5m	£1.4m	£844k
Profit after tax	£447k	£1.1m	£990k	£484k
Profit (best available)	£447k	£1.1m	£990k	£484k
Staff costs	£8.8m	£10.4m	£9.5m	£10.3m
Employees (average)	184	181	172	163
Ratios
Profit margin	2.2%	5.2%	4.8%	2.4%
Gross margin	14.6%	17.2%	19.5%	17.5%
Revenue per employee	£111k	£119k	£119k	£124k
Profit per employee	£2.4k	£6.2k	£5.8k	£3k
Growth (year on year)
Revenue growth	—	▲5.7%	▼4.9%	▼2%
Profit growth	—	▲153.1%	▼12.4%	▼51.1%
Headcount growth	—	▼1.6%	▼5%	▼5.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£681k	£2.5m	£2.8m	£2.7m
Net assets	£3.4m	£2.3m	£2.6m	£3.1m
Fixed assets	£941k	£818k	£601k	£730k
Current assets	£7.6m	£7.6m	£7.3m	£8.2m
Debtors	£2.3m	£1.6m	£1.4m	£1.8m
Deferred income	£1.9m	£2.6m	£2.3m	£2.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 17.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £124k; Revenue ÷ average employees.
Profit per employee: £3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9%; 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: ▲19%; Now £3.1m
Cash at bank: ▼5%; Now £2.7m
Headcount: ▼5%; Now 163
Deferred income: ▲5%; Now £2.4m
Fixed assets: ▲21%; Now £730k

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

Hutcheon Investments Limitedultimate parent75–100%
HSB Holdings Limited75–100%
Hutcheon Services Limitedthis company

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

Sister companies (1)

Bourtree Investments LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £484k), from the Companies House accounts bulk data published Jul 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.