William Nicol (Aberdeen) Limited
Registered name: WILLIAM NICOL (ABERDEEN) LIMITED
William Nicol (Aberdeen) Limited made £13.5m revenue and £1m profit in the year to 30 Sep 2024.
William Nicol (Aberdeen) Limited’s revenue grew 1% to £13.5m in the year to 30 Sep 2024, with £1m profit and 72 employees. The company is classified under “freight transport by road” and is based in Aberdeen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 41 yrs · since 1985
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £11.6m | £13.4m | £13.5m |
| Cost of sales | £8.5m | £8.9m | −£9.1m |
| Gross profit | £3.1m | £4.4m | £4.4m |
| Operating profit | £639k | −£1.9m | £1.4m |
| Profit before tax | £814k | −£2.6m | £1.4m |
| Profit after tax | £676k | −£3.1m | £1m |
| Profit (best available) | £676k | −£3.1m | £1m |
| Staff costs | £4.1m | £4.4m | — |
| Employees (average) | 66 | 68 | 72 |
| Ratios | |||
| Profit margin | 5.8% | −23% | 7.5% |
| Gross margin | 27% | 33.1% | 32.6% |
| Revenue per employee | £176k | £196k | £188k |
| Profit per employee | £10.2k | −£45.2k | £14.2k |
| Cash conversion | −88.3% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲15% | ▲1.2% |
| Profit growth | — | ▼555.5% | — |
| Headcount growth | — | ▲3% | ▲5.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £650k | £2.5m | — |
| Net assets | £15.1m | £11.6m | — |
| Fixed assets | £14.6m | £9.6m | — |
| Current assets | £3.5m | £5.2m | — |
| Debtors | £2.6m | £2.4m | — |
| Cash from operations | −£564k | −£2.8m | — |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | Accounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- 32.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £188k
- Revenue ÷ average employees.
- Profit per employee
- £14.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲6%
- Now 72
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- McConaghy Refrigerated Distribution LimitedBallymoney · Freight transport by road
- Revenue
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- Profit
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- Staff
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- Relay Technical Transport Ltd.Uxbridge · Freight transport by road
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- Professional Freight Solutions LimitedWitham · Freight transport by road
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- £13.4m
- Profit
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- CS2 Transport LimitedChesterfield · Freight transport by road
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- £13.3m
- Profit
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- Wilson of Kendal LimitedKendal · Freight transport by road
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- £13.5m
- Profit
- £1.3m
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- Ian Craig (Haulage) LimitedLarbert · Freight transport by road
- Revenue
- £13.5m
- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 30 Sep 2024 (profit £1m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 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.