Netherton Tractors Limited
Registered name: NETHERTON TRACTORS LIMITED
Netherton Tractors Limited made £53.4m revenue and £1.1m profit in the year to 30 Jun 2025. read from filing text
Netherton Tractors Limited’s revenue grew 15% to £53.4m in the year to 30 Jun 2025, with £1.1m profit and 92 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Forfar; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Forfar, Scotland
- Age
- 42 yrs · since 1984
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 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) | £47.8m | £54.7m | £46.4m | £53.4m |
| Cost of sales | £40.4m | £46.3m | £37.9m | £44.1m |
| Gross profit | £7.4m | £8.4m | £8.5m | £9.3m |
| Operating profit | £1.5m | £2m | £1.6m | £2.2m |
| Profit before tax | £1.3m | £1.6m | £999k | £1.5m |
| Profit after tax | £952k | £943k | £741k | £1.1m |
| Profit (best available) | £952k | £943k | £741k | £1.1m |
| Staff costs | £3.8m | £4.5m | £4.6m | £4.9m |
| Employees (average) | 90 | 90 | 90 | 92 |
| Ratios | ||||
| Profit margin | 2% | 1.7% | 1.6% | 2.1% |
| Gross margin | 15.4% | 15.4% | 18.4% | 17.4% |
| Revenue per employee | £531k | £608k | £516k | £580k |
| Profit per employee | £10.6k | £10.5k | £8.2k | £12k |
| Cash conversion | 130.2% | 55.4% | −161.8% | −138.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.5% | ▼15.2% | ▲15% |
| Profit growth | — | ▼1% | ▼21.4% | ▲49.3% |
| Headcount growth | — | 0% | 0% | ▲2.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £43.8k | £20.4k | £26.3k | £19.1k |
| Net assets | £7.5m | £8.5m | £9.2m | £10.3m |
| Fixed assets | £7.8m | £8.3m | £8.7m | £9.7m |
| Current assets | £19.3m | £24.5m | £21.7m | £22.7m |
| Debtors | £4.6m | £6.2m | £3.5m | £5.4m |
| Deferred income | £775k | £690k | £458k | £524k |
| Cash from operations | £1.9m | £1.1m | −£2.6m | −£3m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 2.1%
- Profit ÷ revenue.
- Gross margin
- 17.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £580k
- Revenue ÷ average employees.
- Profit per employee
- £12k
- Profit ÷ average employees.
- Cash conversion
- −138.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.1%
- 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
- ▲12%
- Now £10.3m
- Cash at bank
- ▼27%
- Now £19.1k
- Headcount
- ▲2%
- Now 92
- Deferred income
- ▲14%
- Now £524k
- Fixed assets
- ▲12%
- Now £9.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Sharmans Agricultural LimitedGrantham · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £63.2m
- Profit
- £1.8m
- Staff
- 138
- Kramp U.K. Ltd.Biggleswade · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £42.6m
- Profit
- £910k
- Staff
- 119
- Sam Turner and Sons LimitedNorth Yorkshire · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £36.6m
- Profit
- £499k
- Staff
- 176
- Halse South West LimitedOttery ST. Mary · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £35.3m
- Profit
- £497k
- Staff
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- Bja Trading LimitedHigh Wycombe · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £34.3m
- Profit
- £2m
- Staff
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- Millar Tractors LimitedCo Derry · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £33.5m
- Profit
- £1.1m
- Staff
- 8
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.1m), from the Companies House accounts bulk data published Mar 2026. 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.