S.M. Bayne & Company Limited
Registered name: S.M. BAYNE & COMPANY LIMITED
S.M. Bayne & Company Limited made £51.3m revenue and £2m profit in the year to 31 Mar 2025. read from filing text
S.M. Bayne & Company Limited’s revenue grew 15% to £51.3m in the year to 31 Mar 2025, with £2m profit and 963 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Fife; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fife, Scotland
- Age
- 71 yrs · since 1954
- 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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £25.9m | £35.2m | £44.5m | £51.3m |
| Cost of sales | £6.6m | £10.1m | £13m | £14.9m |
| Gross profit | £19.3m | £25.1m | £31.5m | £36.4m |
| Operating profit | £2.3m | £2m | £2.9m | £3.2m |
| Profit before tax | £2.4m | £2.2m | £3.4m | £3.4m |
| Profit after tax | £1.8m | £1.8m | £3.1m | £2m |
| Profit (best available) | £1.8m | £1.8m | £3.1m | £2m |
| Staff costs | £11.4m | £15.3m | £19.4m | £22.5m |
| Employees (average) | 641 | 769 | 907 | 963 |
| Ratios | ||||
| Profit margin | 7% | 5.1% | 7.1% | 4% |
| Gross margin | 74.4% | 71.4% | 70.8% | 70.9% |
| Revenue per employee | £40.5k | £45.7k | £49k | £53.3k |
| Profit per employee | £2.8k | £2.3k | £3.5k | £2.1k |
| Cash conversion | −265.4% | −123.8% | −174.4% | −133.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲35.5% | ▲26.5% | ▲15.3% |
| Profit growth | — | ▼2.6% | ▲76.7% | ▼35.2% |
| Headcount growth | — | ▲20% | ▲17.9% | ▲6.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £9m | £6.4m | £6.8m | £8m |
| Net assets | £26.2m | £27.8m | £30.8m | £32.6m |
| Fixed assets | £19.4m | £23m | £26.2m | £26.9m |
| Current assets | £10.6m | £8.7m | £9.1m | £10.6m |
| Debtors | £107k | £202k | £244k | £239k |
| Deferred income | £122k | £116k | £109k | £103k |
| Cash from operations | −£6m | −£2.4m | −£5m | −£4.3m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 70.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £53.3k
- Revenue ÷ average employees.
- Profit per employee
- £2.1k
- Profit ÷ average employees.
- Cash conversion
- −133.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 52.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▲6%
- Now £32.6m
- Cash at bank
- ▲16%
- Now £8m
- Headcount
- ▲6%
- Now 963
- Deferred income
- ▼6%
- Now £103k
- Fixed assets
- ▲3%
- Now £26.9m
Group structure
Subsidiaries (1)
- Blairmill LimitedFigures not disclosed
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 £2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 16 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.