How much does R.J.T. Excavations Limited make?

R.J.T. Excavations Limited reported revenue of £29.3m and £2.3m profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does R.J.T. Excavations Limited have?

R.J.T. Excavations Limited reported an average of 118 employees in the year to 31 May 2023.

Is R.J.T. Excavations Limited profitable?

Yes — R.J.T. Excavations Limited reported a profit of £2.3m in the year to 31 May 2023.

Company No. SC118090 · Incorporated 23 May 1989

R.J.T. Excavations Limited

Registered name: R.J.T. EXCAVATIONS LIMITED

Part of Ares Management Corporation group

R.J.T. Excavations Limited made £29.3m revenue and £2.3m profit in the year to 31 May 2023. read from filing text

R.J.T. Excavations Limited’s revenue fell 3% to £29.3m in the year to 31 May 2023, with £2.3m profit and 118 employees. The company is classified under “site preparation” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43120Site preparation

Status: Active
Location: Glasgow, Scotland
Age: 37 yrs · since 1989
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.

Latest accounts · year to 31 May 2023

Key figures

Cash flow filed

Revenue

£29.3m

Growth ▼2.9%

Profit

£2.3m

Growth ▼2.7%

Profit margin

7.9%

Gross 20.3%

Employees

118

Change ▼4.8%

Profit / employee

£19.6k

Revenue/employee £248k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£30.2m	£29.3m
Cost of sales	£24.9m	£23.3m
Gross profit	£5.3m	£6m
Operating profit	£3.1m	£3.3m
Profit before tax	£2.9m	£3.1m
Profit after tax	£2.4m	£2.3m
Profit (best available)	£2.4m	£2.3m
Staff costs	£7.2m	£7.5m
Employees (average)	124	118
Ratios
Profit margin	7.9%	7.9%
Gross margin	17.5%	20.3%
Revenue per employee	£243k	£248k
Profit per employee	£19.2k	£19.6k
Cash conversion	−190.2%	−89.3%
Growth (year on year)
Revenue growth	—	▼2.9%
Profit growth	—	▼2.7%
Headcount growth	—	▼4.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.4m	£4.1m
Net assets	£7m	£9.3m
Fixed assets	£9.2m	£11.3m
Current assets	£10.3m	£10.8m
Debtors	£860k	£1.4m
Deferred income	£1.2m	£1.4m
Cash from operations	−£5.8m	−£2.9m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 7.9%; Profit ÷ revenue.
Gross margin: 20.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £248k; Revenue ÷ average employees.
Profit per employee: £19.6k; Profit ÷ average employees.
Cash conversion: −89.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 38.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.8%; 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: ▲33%; Now £9.3m
Cash at bank: ▼7%; Now £4.1m
Headcount: ▼5%; Now 118
Deferred income: ▲18%; Now £1.4m
Fixed assets: ▲23%; Now £11.3m

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

Ares Management Corporation (registered outside the UK register)ultimate parent75–100%
Ares Management Limited75–100%
R.J.T. Excavations Limitedthis company

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

Sister companies (22)

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Deans Civil Engineering LimitedRev. £28.6m · Profit £474k
Axis Well Technology LimitedRev. £24.5m · Profit £3.8m
Headland Archaeology (UK) LimitedRev. £17.5m · Profit £1.4m
Homer Burgess LimitedRev. £4.9m · Profit £567k
Tarpave LimitedRev. £2.3m · Profit £9.3k
Skyvision International LimitedRev. £680k · Profit £176k
Deans Holdco LimitedRev. £0 · Profit −£7.5k
Biobest Laboratories LimitedFigures not disclosed
Blackhall VS LimitedFigures not disclosed
Braid Vets LimitedFigures not disclosed
Clear Business Water LimitedFigures not disclosed
Clyde Vets LtdFigures not disclosed
Deans Developments (Kilbarchan) LtdFigures not disclosed
Galedin LimitedFigures not disclosed
Nethan Valley Veterinary Centre LimitedFigures not disclosed
Parkside Veterinary Group LimitedFigures not disclosed
RSK Environment LimitedFigures not disclosed
RSK Renewables LimitedFigures not disclosed
Synergie Environ LimitedRev. — · Profit −£313k
T V V LimitedFigures not disclosed
Westpoint Enterprise Support LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 May 2023 (profit £2.3m), from the Companies House accounts bulk data published Feb 2024. 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.