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Company No. SC080553 · Incorporated 25 Oct 1982

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
Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverage
Revenue
£21.1m
Growth ▲6.3%
Profit
£2m
Growth ▲13.4%
Profit margin
9.7%
Gross 25.4%
Employees
36
Change ▲12.5%
Profit / employee
£56.6k
Revenue/employee £586k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull 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)40353236
Ratios
Profit margin19.4%14.3%9%9.7%
Gross margin32.2%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——
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

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.
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
▲30%
Now £3.7m
Cash at bank
▲21%
Now £2.4m
Headcount
▲13%
Now 36
Deferred income
—
Now —
Fixed assets
▼12%
Now £5.6m
Same industry, similar size

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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.