How much does Duncan and Todd Limited make?

Duncan and Todd Limited reported revenue of £28.2m and £467k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Duncan and Todd Limited have?

Duncan and Todd Limited reported an average of 351 employees in the year to 31 Mar 2025.

Is Duncan and Todd Limited profitable?

Yes — Duncan and Todd Limited reported a profit of £467k in the year to 31 Mar 2025.

Company No. SC065757 · Incorporated 1 Sep 1978

Duncan and Todd Limited

Registered name: DUNCAN AND TODD LIMITED

Part of Duncan and Todd Holdings Limited group

Duncan and Todd Limited made £28.2m revenue and £467k profit in the year to 31 Mar 2025. read from filing text

Duncan and Todd Limited’s revenue grew 2% to £28.2m in the year to 31 Mar 2025, with £467k profit and 351 employees. The company is classified under “retail sale by opticians” and is based in Aberdeen; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47782Retail sale by opticians

Status: Active
Location: Aberdeen, Scotland
Age: 48 yrs · since 1978
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. From the filing: “The company's immediate parent company is Duncan and Todd (Group) Limited which is registered at Unit 4 Kirkhill Commercial Park, Dyce Avenue, Dyce, Aberdeen, AB21 0LQ. The results of”

Latest accounts · year to 31 Mar 2025

Key figures

Doing more with less

Revenue

£28.2m

Growth ▲2.3%

Profit

£467k

Growth —

Profit margin

1.7%

Gross 70.1%

Employees

351

Change ▼5.4%

Profit / employee

£1.3k

Revenue/employee £80.4k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	£23.1m	£24.4m	£27.6m	£28.2m
Cost of sales	£7.6m	£7.7m	£8.7m	£8.4m
Gross profit	£15.6m	£16.7m	£18.9m	£19.8m
Operating profit	£1.1m	−£208k	−£191k	£628k
Profit before tax	£889k	−£511k	−£513k	£467k
Profit after tax	£653k	−£153k	−£558k	£467k
Profit (best available)	£653k	−£153k	−£558k	£467k
Staff costs	£9m	£10.1m	£11.7m	£11.9m
Employees (average)	324	342	371	351
Ratios
Profit margin	2.8%	−0.6%	−2%	1.7%
Gross margin	67.2%	68.4%	68.6%	70.1%
Revenue per employee	£71.4k	£71.4k	£74.3k	£80.4k
Profit per employee	£2k	−£447	−£1.5k	£1.3k
Growth (year on year)
Revenue growth	—	▲5.4%	▲13%	▲2.3%
Profit growth	—	▼123.4%	—	—
Headcount growth	—	▲5.6%	▲8.5%	▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£4m	£1.6m	£1.6m	£2m
Net assets	£5.6m	£5.5m	£4.9m	£5m
Fixed assets	£7.9m	£8.2m	£7.6m	£6.7m
Current assets	£10.4m	£7.7m	£7.6m	£8.2m
Debtors	£1m	£1.3m	£1.6m	£1.1m
Deferred income	£1.5m	£1.3m	£1.4m	£1.7m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 70.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £80.4k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 23.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4%; 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: ▲1%; Now £5m
Cash at bank: ▲25%; Now £2m
Headcount: ▼5%; Now 351
Deferred income: ▲22%; Now £1.7m
Fixed assets: ▼11%; Now £6.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Duncan and Todd Holdings Limitedultimate parent75–100%
Duncan and Todd (Group) Limited75–100%
Duncan and Todd Limitedthis company

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

Subsidiaries (5)

Caledonian Optical LimitedRev. £4.4m · Profit −£4.5k
Duncan and Todd Dormant LimitedFigures not disclosed
Duncan and Todd Scotland LimitedFigures not disclosed
Optical LimitedFigures not disclosed
Smart Employee Eyecare LimitedFigures not disclosed

Sister companies (1)

20:20 Opticians LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £467k), 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.