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Company No. SC028565 · Incorporated 18 Oct 1951

R.J. McLeod (Contractors) Limited

Registered name: R.J. MCLEOD (CONTRACTORS) LIMITED

Part of Oat Topco Limited group

R.J. McLeod (Contractors) Limited made £303m revenue and £42.3m profit in the year to 29 Apr 2025.

R.J. McLeod (Contractors) Limited’s revenue was £303m in the year to 29 Apr 2025, with £42.3m profit and 425 employees. The company is classified under “construction of roads and motorways”.

Full P&L filedSection F · ConstructionSIC 42110Construction of roads and motorwaysSIC 42130Construction of bridges and tunnelsSIC 42910Construction of water projectsSIC 42990Construction of other civil engineering projects n.e.c.
Status
Active
Location
Scotland
Age
75 yrs · since 1951
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.

Latest accounts · year to 29 Apr 2025

Key figures

Revenue
£303m
Growth —
Profit
£42.3m
Growth —
Profit margin
14%
Gross 23%
Employees
425
Change —
Profit / employee
£99.6k
Revenue/employee £714k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to29 Apr 2025
DisclosureFull P&L
Profit & loss
Revenue (turnover)£303m
Cost of sales−£233m
Gross profit£69.9m
Operating profit£52.1m
Profit before tax£56.4m
Profit after tax£42.3m
Profit (best available)£42.3m
Employees (average)425
Ratios
Profit margin14%
Gross margin23%
Revenue per employee£714k
Profit per employee£99.6k
Balance sheet — indirect signals, not revenue
Net assets—
SourceAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
14%
Profit ÷ revenue.
Gross margin
23%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£714k
Revenue ÷ average employees.
Profit per employee
£99.6k
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.
Indirect — not revenue

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
—
Now 425
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Oat Topco Limitedultimate parent75–100%
  2. Oat Holdco Limited75–100%
  3. Oat Bidco Limited75–100%
  4. Ocu Holdings Limited75–100%
  5. Ocu Group Ltd75–100%
  6. R.J. McLeod (Contractors) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Sister companies (14)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 29 Apr 2025 (profit £42.3m), from the Companies House accounts bulk data published Jan 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.