John Heathcoat & Company (Holdings) Limited
Registered name: JOHN HEATHCOAT & COMPANY (HOLDINGS) LIMITED
John Heathcoat & Company (Holdings) Limited made £65.4m revenue and £2.3m profit in the year to 31 May 2025.
John Heathcoat & Company (Holdings) Limited’s revenue fell 17% to £65.4m in the year to 31 May 2025, with £2.3m profit and 467 employees. The company is classified under “activities of head offices” and is based in Devon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Devon, South West
- Age
- 42 yrs · since 1984
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £73.1m | £79.2m | £65.4m |
| Cost of sales | −£52.7m | −£58m | −£51m |
| Gross profit | £20.4m | £21.2m | £14.3m |
| Operating profit | £7.9m | £8m | £1.9m |
| Profit before tax | £8.3m | £8.4m | £2.6m |
| Profit after tax | £6.7m | £6.1m | £2.3m |
| Profit (best available) | £6.7m | £6.1m | £2.3m |
| Employees (average) | 474 | 479 | 467 |
| Ratios | |||
| Profit margin | 9.2% | 7.8% | 3.5% |
| Gross margin | 28% | 26.7% | 21.9% |
| Revenue per employee | £154k | £165k | £140k |
| Profit per employee | £14.1k | £12.8k | £4.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲8.3% | ▼17.4% |
| Profit growth | — | ▼8.3% | ▼63% |
| Headcount growth | — | ▲1.1% | ▼2.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 21.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £140k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼3%
- Now 467
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (9)
- Exeleigh Residual Products LimitedFigures not disclosed
- Heathcoat Fabrics LimitedFigures not disclosed
- Heathcoat Property Management Company LimitedFigures not disclosed
- Heathcoat Yarns & Fibres LimitedFigures not disclosed
- John Heathcoat Trustee Company LimitedFigures not disclosed
- Pak Textiles LimitedFigures not disclosed
- Richard Hayward & Company LimitedFigures not disclosed
- Small and Tidmas LimitedFigures not disclosed
- Sondavale LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2025 (profit £2.3m), 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.