How much does H & R Gray Haulage Limited make?

H & R Gray Haulage Limited reported revenue of £15.4m and £265k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does H & R Gray Haulage Limited have?

H & R Gray Haulage Limited reported an average of 106 employees in the year to 30 Sep 2025.

Is H & R Gray Haulage Limited profitable?

Yes — H & R Gray Haulage Limited reported a profit of £265k in the year to 30 Sep 2025.

Company No. SC189021 · Incorporated 4 Sep 1998

H & R Gray Haulage Limited

Registered name: H & R GRAY HAULAGE LIMITED

H & R Gray Haulage Limited made £15.4m revenue and £265k profit in the year to 30 Sep 2025.

H & R Gray Haulage Limited’s revenue grew 8% to £15.4m in the year to 30 Sep 2025, with £265k profit and 106 employees. The company is classified under “freight transport by road” and is based in Stirling; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Stirling, Scotland
Age: 28 yrs · since 1998
Type: Private Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentOperating leverageBoring industryCash flow filed

Revenue

£15.4m

Growth ▲8%

Profit

£265k

Growth ▲89.8%

Profit margin

1.7%

Gross 14.5%

Employees

106

Change ▲5%

Profit / employee

£2.5k

Revenue/employee £146k

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 to	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.6m	£13.9m	£14.3m	£15.4m
Cost of sales	£11.6m	£12.1m	£12.2m	£13.2m
Gross profit	£2m	£1.8m	£2.1m	£2.2m
Operating profit	£938k	£733k	£806k	£952k
Profit before tax	£652k	£297k	£292k	£376k
Profit after tax	£600k	£264k	£140k	£265k
Profit (best available)	£600k	£264k	£140k	£265k
Staff costs	£4.2m	£4.8m	£4.9m	£5.4m
Employees (average)	98	99	101	106
Ratios
Profit margin	4.4%	1.9%	1%	1.7%
Gross margin	15%	12.8%	14.6%	14.5%
Revenue per employee	£139k	£140k	£142k	£146k
Profit per employee	£6.1k	£2.7k	£1.4k	£2.5k
Cash conversion	−181.7%	−175%	−289.7%	−293%
Growth (year on year)
Revenue growth	—	▲1.8%	▲3.1%	▲8%
Profit growth	—	▼56.1%	▼47%	▲89.8%
Headcount growth	—	▲1%	▲2%	▲5%
Balance sheet — indirect signals, not revenue
Cash at bank	£728k	£174k	£345k	£433k
Net assets	£1.4m	£1.6m	£1.6m	£1.8m
Fixed assets	£3.8m	£7.5m	£8.7m	£8.5m
Current assets	£3.6m	£3.5m	£4m	£5.1m
Debtors	£2.5m	£2.5m	£2.9m	£3.3m
Deferred income	£190k	£11.2k	£97k	£125k
Cash from operations	−£1.7m	−£1.3m	−£2.3m	−£2.8m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 14.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £146k; Revenue ÷ average employees.
Profit per employee: £2.5k; Profit ÷ average employees.
Cash conversion: −293%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 55%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.2%; 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: ▲13%; Now £1.8m
Cash at bank: ▲26%; Now £433k
Headcount: ▲5%; Now 106
Deferred income: ▲29%; Now £125k
Fixed assets: ▼2%; Now £8.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £265k), 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.