Davis Track Hire Ltd
Registered name: DAVIS TRACK HIRE LTD
Davis Track Hire Ltd made £12.2m revenue and £2.2m profit in the year to 28 Feb 2026.
Davis Track Hire Ltd’s revenue grew 7% to £12.2m in the year to 28 Feb 2026, with £2.2m profit and 69 employees. The company is classified under “other service activities” and is based in Wishaw; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wishaw, Scotland
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11.4m | £12.2m |
| Cost of sales | — | — | £4.8m | £5.2m |
| Gross profit | — | — | £6.6m | £7m |
| Operating profit | — | — | £3.3m | £3.8m |
| Profit before tax | — | — | £2.8m | £3.3m |
| Profit after tax | — | — | £2.1m | £2.2m |
| Profit (best available) | — | — | £2.1m | £2.2m |
| Staff costs | — | — | £2.4m | £2.9m |
| Employees (average) | 49 | 49 | 57 | 69 |
| Ratios | ||||
| Profit margin | — | — | 18.6% | 18.1% |
| Gross margin | — | — | 57.6% | 57.2% |
| Revenue per employee | — | — | £200k | £177k |
| Profit per employee | — | — | £37.3k | £32k |
| Cash conversion | — | — | −128.6% | −129.9% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲7.2% |
| Profit growth | — | — | — | ▲3.9% |
| Headcount growth | — | 0% | ▲16.3% | ▲21.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £548k | £550k | £871k | £716k |
| Net assets | £2.6m | £3.5m | £4.8m | £6.1m |
| Fixed assets | £9.9m | £10.2m | £11.6m | £14m |
| Current assets | £1.8m | £1.7m | £2.4m | £2.5m |
| Debtors | £1m | £1m | £1.4m | £1.6m |
| Cash from operations | — | — | −£4.3m | −£4.9m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 18.1%
- Profit ÷ revenue.
- Gross margin
- 57.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £177k
- Revenue ÷ average employees.
- Profit per employee
- £32k
- Profit ÷ average employees.
- Cash conversion
- −129.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 114.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.3%
- 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
- ▲28%
- Now £6.1m
- Cash at bank
- ▼18%
- Now £716k
- Headcount
- ▲21%
- Now 69
- Deferred income
- —
- Now —
- Fixed assets
- ▲20%
- Now £14m
Similar profitable businesses
- European Asbestos Services LimitedLondon · Other service activities n.e.c.
- Revenue
- £12.2m
- Profit
- £1.2m
- Staff
- 82
- Insulated Render Systems (Scotland) Ltd.Airdrie · Other service activities n.e.c.
- Revenue
- £12.2m
- Profit
- £162k
- Staff
- 36
- John Pearce (Glynneath) LimitedGlynneath · Other service activities n.e.c.
- Revenue
- £12.3m
- Profit
- £211k
- Staff
- 110
- BB (UK) LtdWatford · Other service activities n.e.c.
- Revenue
- £12.1m
- Profit
- £302k
- Staff
- 49
- Qolcom LimitedReading · Other service activities n.e.c.
- Revenue
- £12.4m
- Profit
- £445k
- Staff
- 42
- Advanced Bionics UK LimitedWarrington · Other service activities n.e.c.
- Revenue
- £12m
- Profit
- £276k
- Staff
- 25
Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £2.2m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.