John McGeady Limited
Registered name: JOHN MCGEADY LIMITED
John McGeady Limited made £21.1m revenue and £2m profit in the year to 31 Mar 2025.
John McGeady Limited’s revenue grew 6% to £21.1m in the year to 31 Mar 2025, with £2m profit and 36 employees. The company is classified under “construction of other civil engineering projects” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 43 yrs · since 1982
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.3m | £21.7m | £19.8m | £21.1m |
| Cost of sales | £10.3m | £15.5m | £15.3m | £15.7m |
| Gross profit | £4.9m | £6.2m | £4.5m | £5.4m |
| Operating profit | £3.7m | £4m | £2.6m | £3m |
| Profit before tax | £3.6m | £3.8m | £2.4m | £2.7m |
| Profit after tax | £3m | £3.1m | £1.8m | £2m |
| Profit (best available) | £3m | £3.1m | £1.8m | £2m |
| Staff costs | £1.9m | £1.8m | £1.9m | £2.2m |
| Employees (average) | 40 | 35 | 32 | 36 |
| Ratios | ||||
| Profit margin | 19.4% | 14.3% | 9% | 9.7% |
| Gross margin | 32.2% | 28.4% | 22.8% | 25.4% |
| Revenue per employee | £381k | £621k | £620k | £586k |
| Profit per employee | £74k | £88.7k | £56.1k | £56.6k |
| Cash conversion | −73.9% | −131.4% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲42.4% | ▼8.6% | ▲6.3% |
| Profit growth | — | ▲4.9% | ▼42.1% | ▲13.4% |
| Headcount growth | — | ▼12.5% | ▼8.6% | ▲12.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £3.2m | £2m | £2.4m |
| Net assets | £1.8m | £3.1m | £2.9m | £3.7m |
| Fixed assets | £4.4m | £5.4m | £6.3m | £5.6m |
| Current assets | £4.4m | £6.5m | £5.4m | £6.4m |
| Debtors | £2.1m | £3.1m | £2.9m | £3.6m |
| Cash from operations | −£2.8m | −£5.3m | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 9.7%
- Profit ÷ revenue.
- Gross margin
- 25.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £586k
- Revenue ÷ average employees.
- Profit per employee
- £56.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 26.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17%
- Money owed by customers. Low = customers pay quickly.
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
- ▲30%
- Now £3.7m
- Cash at bank
- ▲21%
- Now £2.4m
- Headcount
- ▲13%
- Now 36
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £5.6m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2m), from the Companies House accounts bulk data published Dec 2025. 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.