Qas Group Limited
Registered name: QAS GROUP LIMITED
Part of Albion Investments Limited groupQas Group Limited made £10.6m revenue and £578k profit in the year to 31 Dec 2025.
Qas Group Limited’s revenue fell 3% to £10.6m in the year to 31 Dec 2025, with £578k profit and 132 employees. The company is classified under “other manufacturing” and is based in Kirkcaldy; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Kirkcaldy, Scotland
- Age
- 33 yrs · since 1993
- 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.
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) | £14.6m | £13.2m | £11m | £10.6m |
| Cost of sales | £6.9m | £5.3m | £4.3m | £4.5m |
| Gross profit | £7.7m | £7.9m | £6.7m | £6.2m |
| Operating profit | £2.3m | £2.2m | £719k | £733k |
| Profit before tax | £2.2m | £2.2m | £746k | £777k |
| Profit after tax | £1.8m | £1.7m | £551k | £578k |
| Profit (best available) | £1.8m | £1.7m | £551k | £578k |
| Staff costs | £4.9m | £4.8m | £4.5m | £4.3m |
| Employees (average) | 190 | 169 | 147 | 132 |
| Ratios | ||||
| Profit margin | 12.2% | 12.9% | 5% | 5.4% |
| Gross margin | 52.7% | 60% | 60.5% | 57.8% |
| Revenue per employee | £76.7k | £78k | £75k | £80.7k |
| Profit per employee | £9.4k | £10.1k | £3.7k | £4.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.5% | ▼16.4% | ▼3.4% |
| Profit growth | — | ▼4.1% | ▼67.7% | ▲5% |
| Headcount growth | — | ▼11.1% | ▼13% | ▼10.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.7m | £2m | £1.9m | £2.5m |
| Net assets | £5.4m | £4.9m | £5.2m | £5.6m |
| Fixed assets | £3.7m | £3.3m | £2.8m | £2.6m |
| Current assets | £5.5m | £4.7m | £4.4m | £4.7m |
| Debtors | £1.3m | £1.9m | £1.7m | £1.8m |
| Deferred income | £206k | £84.4k | £27.1k | £57.8k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 57.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £80.7k
- Revenue ÷ average employees.
- Profit per employee
- £4.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.1%
- 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
- ▲7%
- Now £5.6m
- Cash at bank
- ▲30%
- Now £2.5m
- Headcount
- ▼10%
- Now 132
- Deferred income
- ▲114%
- Now £57.8k
- Fixed assets
- ▼9%
- Now £2.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Albion Investments Limitedultimate parent75–100%
- Qas Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Qas Copak LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £578k), from the Companies House accounts bulk data published Sep 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.