James Ramsay (Glasgow) Limited
Registered name: JAMES RAMSAY (GLASGOW) LIMITED
Part of James Ramsay Holdings Limited groupJames Ramsay (Glasgow) Limited made £16.1m revenue and £1.4m profit in the year to 31 Mar 2025.
James Ramsay (Glasgow) Limited’s revenue grew 21% to £16.1m in the year to 31 Mar 2025, with £1.4m profit and 88 employees. The company is classified under “other service activities” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 106 yrs · since 1920
- 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.
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 | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £13.3m | £16.1m |
| Cost of sales | — | — | £9.2m | £11.1m |
| Gross profit | — | — | £4.1m | £4.9m |
| Operating profit | — | — | £1.6m | £1.8m |
| Profit before tax | — | — | £1.6m | £1.8m |
| Profit after tax | — | — | £1.3m | £1.4m |
| Profit (best available) | — | — | £1.3m | £1.4m |
| Staff costs | — | — | £4.1m | £5.1m |
| Employees (average) | 66 | 74 | 81 | 88 |
| Ratios | ||||
| Profit margin | — | — | 9.6% | 8.8% |
| Gross margin | — | — | 30.6% | 30.8% |
| Revenue per employee | — | — | £164k | £182k |
| Profit per employee | — | — | £15.7k | £16.1k |
| Cash conversion | — | — | −73.3% | −150.3% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲20.9% |
| Profit growth | — | — | — | ▲11.4% |
| Headcount growth | — | ▲12.1% | ▲9.5% | ▲8.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £2m | £1.9m | £3.3m |
| Net assets | £2m | £2.7m | £3.2m | £3.8m |
| Fixed assets | £62.5k | £115k | £112k | £213k |
| Current assets | £4.5m | £5.5m | £5.8m | £7.7m |
| Debtors | £2.2m | £2.1m | £2.2m | £2.5m |
| Deferred income | — | — | £619k | £1.1m |
| Cash from operations | — | — | −£1.1m | −£2.7m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 8.8%
- Profit ÷ revenue.
- Gross margin
- 30.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £182k
- Revenue ÷ average employees.
- Profit per employee
- £16.1k
- Profit ÷ average employees.
- Cash conversion
- −150.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.3%
- 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
- ▲17%
- Now £3.8m
- Cash at bank
- ▲75%
- Now £3.3m
- Headcount
- ▲9%
- Now 88
- Deferred income
- ▲79%
- Now £1.1m
- Fixed assets
- ▲91%
- Now £213k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- James Ramsay Holdings Limitedultimate parent75–100%
- James Ramsay (Glasgow) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- James Ramsay (Glasgow) Holdings LimitedRev. £0 · Profit £796k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.4m), from the Companies House accounts bulk data published Dec 2025. 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.