How much does Southeast Traders Limited make?

Southeast Traders Limited reported revenue of £49.1m and £1m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Southeast Traders Limited have?

Southeast Traders Limited reported an average of 26 employees in the year to 31 Oct 2025.

Is Southeast Traders Limited profitable?

Yes — Southeast Traders Limited reported a profit of £1m in the year to 31 Oct 2025.

Company No. SC235763 · Incorporated 22 Aug 2002

Southeast Traders Limited

Registered name: SOUTHEAST TRADERS LIMITED

Part of Theala Holdings Limited group

Southeast Traders Limited made £49.1m revenue and £1m profit in the year to 31 Oct 2025. read from filing text

Southeast Traders Limited’s revenue grew 1% to £49.1m in the year to 31 Oct 2025, with £1m profit and 26 employees. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46390Non-specialised wholesale of food, beverages and tobacco SIC 46499Wholesale of household goods (other than musical instruments) n.e.c.

Status: Active
Location: Glasgow, Scotland
Age: 24 yrs · since 2002
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 Oct 2025

Key figures

Capital-lightOperating leverage

Revenue

£49.1m

Growth ▲0.8%

Profit

£1m

Growth ▲13.4%

Profit margin

Gross 7.5%

Employees

Change 0%

Profit / employee

£38.5k

Revenue/employee £1.9m

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	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£43.1m	£50.9m	£48.6m	£49.1m
Cost of sales	£40m	£46.5m	£45.1m	£45.4m
Gross profit	£3m	£4.4m	£3.6m	£3.7m
Operating profit	£1.4m	£2.4m	£1.6m	£1.7m
Profit before tax	£1.2m	£2m	£1.2m	£1.3m
Profit after tax	£948k	£1.6m	£882k	£1m
Profit (best available)	£948k	£1.6m	£882k	£1m
Staff costs	£831k	£943k	£1.1m	£1.1m
Employees (average)	20	23	26	26
Ratios
Profit margin	2.2%	3.1%	1.8%	2%
Gross margin	7%	8.6%	7.3%	7.5%
Revenue per employee	£2.2m	£2.2m	£1.9m	£1.9m
Profit per employee	£47.4k	£68.7k	£33.9k	£38.5k
Growth (year on year)
Revenue growth	—	▲18%	▼4.3%	▲0.8%
Profit growth	—	▲66.6%	▼44.2%	▲13.4%
Headcount growth	—	▲15%	▲13%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£59.2k	£71.5k	£135k	£581k
Net assets	£4.9m	£6.1m	£6.8m	£7.5m
Fixed assets	£1.3m	£1.6m	£1.8m	£1.7m
Current assets	£14.2m	£14.6m	£14.7m	£14.5m
Debtors	£5.7m	£3.9m	£4.8m	£4.1m
Deferred income	£68.9k	£159k	£45k	£19.6k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 2%; Profit ÷ revenue.
Gross margin: 7.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.9m; Revenue ÷ average employees.
Profit per employee: £38.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.4%; 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: ▲11%; Now £7.5m
Cash at bank: ▲332%; Now £581k
Headcount: 0%; Now 26
Deferred income: ▼56%; Now £19.6k
Fixed assets: ▼1%; Now £1.7m

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

Theala Holdings Limitedultimate parent75–100%
24/26 Holdings Ltd75–100%
Southeast Traders Limitedthis company

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

Sister companies (3)

Alathe Investments LimitedFigures not disclosed
C.R.C Innovations (Scotland) Ltd.Figures not disclosed
ML Sales LtdFigures 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 FullAccounts for the year to 31 Oct 2025 (profit £1m), from the Companies House accounts bulk data published Mar 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.