How much does Stuart Nicol Transport Limited make?

Stuart Nicol Transport Limited reported revenue of £14.8m and a loss of £274k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Stuart Nicol Transport Limited have?

Stuart Nicol Transport Limited reported an average of 115 employees in the year to 31 Dec 2025.

Is Stuart Nicol Transport Limited profitable?

No — Stuart Nicol Transport Limited reported a loss of £274k in the year to 31 Dec 2025.

Company No. SC267509 · Incorporated 6 May 2004

Stuart Nicol Transport Limited

Registered name: STUART NICOL TRANSPORT LIMITED

Stuart Nicol Transport Limited made £14.8m revenue and a £274k loss in the year to 31 Dec 2025.

Stuart Nicol Transport Limited’s revenue was £14.8m in the year to 31 Dec 2025, with a loss of £274k and 115 employees. The company is classified under “freight transport by road” and is based in Lanarkshire; we hold 4 years of its filed accounts.

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

Status: Active
Location: Lanarkshire, Scotland
Age: 22 yrs · since 2004
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentBoring industryCash flow filed

Revenue

£14.8m

Growth ▲0.3%

Profit

−£274k

Growth ▼182.1%

Profit margin

−1.8%

Gross 13.4%

Employees

115

Change ▲8.5%

Profit / employee

−£2.4k

Revenue/employee £129k

Profitable streak

0yrs

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 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)	£13.1m	£13.7m	£14.7m	£14.8m
Cost of sales	£10.6m	£11m	£12.3m	£12.8m
Gross profit	£2.5m	£2.7m	£2.4m	£2m
Operating profit	£561k	£352k	£566k	−£107k
Profit before tax	£516k	£280k	£443k	−£273k
Profit after tax	£393k	£252k	£334k	−£274k
Profit (best available)	£393k	£252k	£334k	−£274k
Staff costs	£4.1m	£4.4m	£4.6m	£5.2m
Employees (average)	109	107	106	115
Ratios
Profit margin	3%	1.8%	2.3%	−1.8%
Gross margin	19.1%	19.6%	16.4%	13.4%
Revenue per employee	£120k	£128k	£139k	£129k
Profit per employee	£3.6k	£2.4k	£3.1k	−£2.4k
Cash conversion	−171%	−448.7%	−251.2%	—
Growth (year on year)
Revenue growth	—	▲4.3%	▲7.7%	▲0.3%
Profit growth	—	▼35.8%	▲32.4%	▼182.1%
Headcount growth	—	▼1.8%	▼0.9%	▲8.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£124k	£353k	£167k	£139k
Net assets	£3.6m	£3.8m	£4.1m	£3.9m
Fixed assets	£4.1m	£5.2m	£5.8m	£6.4m
Current assets	£3m	£3.1m	£3.4m	£3.3m
Debtors	£2.7m	£2.5m	£2.7m	£2.8m
Deferred income	£91.8k	£199k	£136k	£70.3k
Cash from operations	−£959k	−£1.6m	−£1.4m	−£1.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −1.8%; Profit ÷ revenue.
Gross margin: 13.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £129k; Revenue ÷ average employees.
Profit per employee: −£2.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 43.4%; 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: 18.8%; 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: ▼7%; Now £3.9m
Cash at bank: ▼17%; Now £139k
Headcount: ▲8%; Now 115
Deferred income: ▼48%; Now £70.3k
Fixed assets: ▲10%; Now £6.4m

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 31 Dec 2025 (profit −£274k), 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.