McGill’s Scotland East Limited
Registered name: MCGILL’S SCOTLAND EAST LIMITED
Part of Dalglen (No. 1812) Limited groupMcGill’s Scotland East Limited made £4.4m revenue and £2.3m profit in the year to 28 Dec 2025.
McGill’s Scotland East Limited’s revenue grew 12% to £4.4m in the year to 28 Dec 2025, with £2.3m profit and 124 employees. The company is classified under “other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)” and is based in Larbert; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Larbert, Scotland
- Age
- 41 yrs · since 1985
- 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: “McGill's Bus Service Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Mar 2022 | 1 Jan 2023 | 31 Dec 2023 | 29 Dec 2024 | 28 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £12.2m | £6.3m | £6.8m | £3.9m | £4.4m |
| Cost of sales | £12.2m | £12.3m | £9.4m | £6.3m | £5.3m |
| Gross profit | £73.7k | −£6m | −£2.6m | −£2.3m | −£892k |
| Operating profit | −£719k | −£11.5m | −£4.2m | −£4.4m | £2.1m |
| Profit before tax | −£722k | −£11.5m | −£4.2m | −£4.5m | £2m |
| Profit after tax | −£699k | −£11.1m | −£4.2m | −£4.2m | £2.3m |
| Profit (best available) | −£699k | −£11.1m | −£4.2m | −£4.2m | £2.3m |
| Staff costs | £8.1m | £5.4m | £6.1m | £4.2m | £4m |
| Employees (average) | 261 | 179 | 163 | 118 | 124 |
| Ratios | |||||
| Profit margin | −5.7% | −176.4% | −61.2% | −108.1% | 51.4% |
| Gross margin | 0.6% | −94.7% | −38.1% | −59.6% | −20.3% |
| Revenue per employee | £46.9k | £35.2k | £41.9k | £33.3k | £35.5k |
| Profit per employee | −£2.7k | −£62.1k | −£25.7k | −£36k | £18.2k |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | ▼42.5% | ▲12% |
| Headcount growth | — | — | — | ▼27.6% | ▲5.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £0 | £1.1m | £573k | £352k | £810k |
| Net assets | £14.4m | £3.3m | −£859k | −£5.1m | −£2.8m |
| Fixed assets | £6.9m | £3.3m | £3.6m | £2.4m | £4.2m |
| Current assets | £18.1m | £5.3m | £3.6m | £2.7m | £5.6m |
| Debtors | £180k | £1.2m | £312k | £138k | £325k |
| Deferred income | £651k | £1.2m | £679k | £205k | £201k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 51.4%
- Profit ÷ revenue.
- Gross margin
- −20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £35.5k
- Revenue ÷ average employees.
- Profit per employee
- £18.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 96.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.4%
- 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
- —
- Now −£2.8m
- Cash at bank
- ▲130%
- Now £810k
- Headcount
- ▲5%
- Now 124
- Deferred income
- ▼2%
- Now £201k
- Fixed assets
- ▲78%
- Now £4.2m
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
- Dalglen (No. 1812) Limitedultimate parent75–100%
- Arranglen Limited75–100%
- McGill's Bus Service Limited75–100%
- McGill’s Scotland East Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Midland Bluebird LimitedRev. £26.8m · Profit £972k
- Eastern Scottish Omnibuses LimitedFigures not disclosed
Sister companies (6)
- Loch Lomond Bus Services Ltd.Rev. £18.3m · Profit £63.9k
- Loch Lomond Travel LimitedFigures not disclosed
- McGill's City Connect Ltd.Figures not disclosed
- Prentice Westwood LimitedRev. — · Profit £299k
- Smoothie Cruisers Ltd.Figures not disclosed
- Taybus Holdings 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 28 Dec 2025 (profit £2.3m), from the Companies House accounts bulk data published Sep 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.