Macsalvors (Plant Hire) Limited
Registered name: MACSALVORS (PLANT HIRE) LIMITED
Macsalvors (Plant Hire) Limited made £9.3m revenue and £1m profit in the year to 31 Mar 2025. read from filing text
Macsalvors (Plant Hire) Limited’s revenue grew 13% to £9.3m in the year to 31 Mar 2025, with £1m profit and 66 employees. The company is classified under “renting and leasing of construction and civil engineering machinery and equipment” and is based in Truro; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 59 yrs · since 1967
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £6.7m | £8.1m | £8.2m | £9.3m |
| Cost of sales | £5.1m | £6.2m | £6.1m | £6.8m |
| Gross profit | £1.6m | £2m | £2.1m | £2.5m |
| Operating profit | £748k | £1.4m | £1.1m | £1.3m |
| Profit before tax | £735k | £1.4m | £1.1m | £1.4m |
| Profit after tax | £594k | £791k | £867k | £1m |
| Profit (best available) | £594k | £791k | £867k | £1m |
| Staff costs | £3.1m | £3.4m | £3.5m | £4.2m |
| Employees (average) | 60 | 60 | 60 | 66 |
| Ratios | ||||
| Profit margin | 8.8% | 9.7% | 10.6% | 11% |
| Gross margin | 23.9% | 24.1% | 25.4% | 26.8% |
| Revenue per employee | £112k | £136k | £136k | £140k |
| Profit per employee | £9.9k | £13.2k | £14.5k | £15.5k |
| Cash conversion | 219.9% | 100.6% | 185.1% | −137.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲21.1% | ▲0.5% | ▲13.3% |
| Profit growth | — | ▲33% | ▲9.7% | ▲17.6% |
| Headcount growth | — | 0% | 0% | ▲10% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £1.4m | £2m | £820k |
| Net assets | £6.5m | £7.3m | £8.2m | £9.2m |
| Fixed assets | £6.2m | £6.8m | £7.6m | £9.6m |
| Current assets | £3.3m | £3.4m | £4.1m | £2.5m |
| Debtors | £2m | £1.7m | £1.7m | £1.6m |
| Deferred income | — | — | £436k | £450k |
| Cash from operations | £1.6m | £1.4m | £2.1m | −£1.8m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 11%
- Profit ÷ revenue.
- Gross margin
- 26.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £140k
- Revenue ÷ average employees.
- Profit per employee
- £15.5k
- Profit ÷ average employees.
- Cash conversion
- −137.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 104%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.2%
- 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
- ▲12%
- Now £9.2m
- Cash at bank
- ▼59%
- Now £820k
- Headcount
- ▲10%
- Now 66
- Deferred income
- ▲3%
- Now £450k
- Fixed assets
- ▲28%
- Now £9.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Toulouse Plant Hire LimitedRenting and leasing of construction and civil engineering machinery and equipment
- Revenue
- £9.3m
- Profit
- £64.5k
- Staff
- 47
- Hireforce LtdMarket Harborough · Renting and leasing of construction and civil engineering machinery and equipment
- Revenue
- £9m
- Profit
- £768k
- Staff
- 55
- Hodge Plant LimitedHamilton · Renting and leasing of construction and civil engineering machinery and equipment
- Revenue
- £8.6m
- Profit
- £103k
- Staff
- 35
- The Hireman LimitedLondon · Renting and leasing of construction and civil engineering machinery and equipment
- Revenue
- £10.1m
- Profit
- £736k
- Staff
- 97
- Campbell Plant Hire LimitedInverness · Renting and leasing of construction and civil engineering machinery and equipment
- Revenue
- £8.1m
- Profit
- £568k
- Staff
- 23
- Marsh Plant Hire LimitedHavant · Renting and leasing of construction and civil engineering machinery and equipment
- Revenue
- £8m
- Profit
- £112k
- Staff
- 74
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1m), from the Companies House accounts bulk data published Nov 2025. 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.