Scotbeef Inverurie Limited
Registered name: SCOTBEEF INVERURIE LIMITED
Part of J.W. Galloway Limited groupScotbeef Inverurie Limited made £62.5m revenue and a £3m loss in the year to 25 Feb 2024. read from filing text
Scotbeef Inverurie Limited’s revenue fell 21% to £62.5m in the year to 25 Feb 2024, with a loss of £3m and 96 employees. The company is classified under “processing and preserving of meat” and is based in Annan; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Annan, Scotland
- Age
- 14 yrs · since 2012
- 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. From the filing: “The ultimate parent undertaking of Scotbeef Inverurie Limited is JW Galloway Limited, which is incorporated in the United Kingdom, and registered in Scotland. The address of JW Galloway Limited is: Mu”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Feb 2023 | 25 Feb 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £79.6m | £62.5m |
| Cost of sales | £77.7m | £63.9m |
| Gross profit | £1.9m | −£1.4m |
| Operating profit | £354k | −£3m |
| Profit before tax | £371k | −£3m |
| Profit after tax | £316k | −£3m |
| Profit (best available) | £316k | −£3m |
| Staff costs | £5.2m | £3.2m |
| Employees (average) | 155 | 96 |
| Ratios | ||
| Profit margin | 0.4% | −4.8% |
| Gross margin | 2.4% | −2.3% |
| Revenue per employee | £514k | £651k |
| Profit per employee | £2k | −£30.9k |
| Cash conversion | −110.5% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼21.5% |
| Profit growth | — | ▼1040% |
| Headcount growth | — | ▼38.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2m | £1.1m |
| Net assets | £5m | £1.6m |
| Fixed assets | £2.8m | £2.8m |
| Current assets | £8.7m | £10.4m |
| Debtors | £3.5m | £3m |
| Deferred income | £2m | £2m |
| Cash from operations | −£391k | £415k |
| Source | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −4.8%
- Profit ÷ revenue.
- Gross margin
- −2.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £651k
- Revenue ÷ average employees.
- Profit per employee
- −£30.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.8%
- 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
- ▼68%
- Now £1.6m
- Cash at bank
- ▼46%
- Now £1.1m
- Headcount
- ▼38%
- Now 96
- Deferred income
- 0%
- Now £2m
- Fixed assets
- ▼0%
- Now £2.8m
Group structure
Ownership chain
- J.W. Galloway Limitedultimate parent75–100%
- Scotbeef Inverurie Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Vivers Scotlamb LimitedRev. £48.4m · Profit £348k
- New Zealand Lamb Shops LimitedFigures not disclosed
- R.B. Meiklejon LimitedFigures not disclosed
- Scotbeef LimitedRev. — · Profit £136k
- Strathaven Abattoir LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- H G Walter LimitedLondon · Processing and preserving of meat
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- Profit
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- Hartshead Meats (2011) LimitedAshton-Under-Lyne · Processing and preserving of meat
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- Profit
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- James T Blakeman & Co LimitedHessle · Processing and preserving of meat
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- M J Birtwistle & Co LimitedManchester · Processing and preserving of meat
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 25 Feb 2024 (profit −£3m), from the Companies House accounts bulk data published Feb 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.