Henrys (Glasgow) Limited
Registered name: HENRYS (GLASGOW) LIMITED
Henrys (Glasgow) Limited made £58.1m revenue and £488k profit in the year to 31 Dec 2025.
Henrys (Glasgow) Limited’s revenue fell 7% to £58.1m in the year to 31 Dec 2025, with £488k profit and 88 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 39 yrs · since 1987
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £45.3m | £57.5m | £62.2m | £58.1m |
| Cost of sales | £39.1m | £50.6m | £55.3m | £51.6m |
| Gross profit | £6.2m | £7m | £6.9m | £6.6m |
| Operating profit | £1.6m | £1.6m | £1.3m | £727k |
| Profit before tax | £1m | £1.5m | £1.2m | £646k |
| Profit after tax | £752k | £1.2m | £912k | £488k |
| Profit (best available) | £752k | £1.2m | £912k | £488k |
| Staff costs | £3.2m | £3.6m | £3.9m | £4.1m |
| Employees (average) | 80 | 79 | 83 | 88 |
| Ratios | ||||
| Profit margin | 1.7% | 2% | 1.5% | 0.8% |
| Gross margin | 13.7% | 12.1% | 11.1% | 11.3% |
| Revenue per employee | £566k | £728k | £750k | £660k |
| Profit per employee | £9.4k | £14.6k | £11k | £5.5k |
| Cash conversion | −89.5% | −98.5% | −85.3% | −113.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲27.1% | ▲8.1% | ▼6.6% |
| Profit growth | — | ▲53.6% | ▼21.1% | ▼46.5% |
| Headcount growth | — | ▼1.3% | ▲5.1% | ▲6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £622k | £1.1m | £1.5m | £1.7m |
| Net assets | £5.2m | £6.3m | £7.1m | £7.5m |
| Fixed assets | £4.9m | £4.9m | £4.8m | £5m |
| Current assets | £4.4m | £6.7m | £8.3m | £8.9m |
| Debtors | £58.8k | £608k | £225k | £175k |
| Cash from operations | −£1.5m | −£1.6m | −£1.1m | −£826k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- 11.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £660k
- Revenue ÷ average employees.
- Profit per employee
- £5.5k
- Profit ÷ average employees.
- Cash conversion
- −113.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- ▲5%
- Now £7.5m
- Cash at bank
- ▲14%
- Now £1.7m
- Headcount
- ▲6%
- Now 88
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £5m
Similar profitable businesses
- J.k.c.specialist Cars LimitedCo Londonderry · Sale of new cars and light motor vehicles
- Revenue
- £58.1m
- Profit
- £491k
- Staff
- 81
- Prentice Portadown LimitedBelfast · Sale of new cars and light motor vehicles
- Revenue
- £59.9m
- Profit
- £481k
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- North East Truck & Van LimitedBillingham · Sale of new cars and light motor vehicles
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- £59.9m
- Profit
- £63k
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- J F Hutchings LtdPontypridd · Sale of new cars and light motor vehicles
- Revenue
- £60m
- Profit
- £689k
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- Allports Garages LimitedStaffordshire · Sale of new cars and light motor vehicles
- Revenue
- £55.8m
- Profit
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- Struan Motors LimitedPerthshire · Sale of new cars and light motor vehicles
- Revenue
- £55.3m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £488k), from the Companies House accounts bulk data published Apr 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.