How much does Johnston Racing Limited make?

Johnston Racing Limited reported revenue of £7.4m and £208k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Johnston Racing Limited have?

Johnston Racing Limited reported an average of 130 employees in the year to 31 Dec 2024.

Is Johnston Racing Limited profitable?

Yes — Johnston Racing Limited reported a profit of £208k in the year to 31 Dec 2024.

Company No. SC106428 · Incorporated 3 Sep 1987

Johnston Racing Limited

Registered name: JOHNSTON RACING LIMITED

Johnston Racing Limited made £7.4m revenue and £208k profit in the year to 31 Dec 2024. read from filing text

Johnston Racing Limited’s revenue fell 7% to £7.4m in the year to 31 Dec 2024, with £208k profit and 130 employees. The company is classified under “other sports activities” and is based in South Lanarkshire; we hold 4 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93199Other sports activities

Status: Active
Location: South Lanarkshire, Scotland
Age: 39 yrs · since 1987
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Independent

Revenue

£7.4m

Growth ▼7.1%

Profit

£208k

Growth —

Profit margin

2.8%

Gross 30.6%

Employees

130

Change ▼0.8%

Profit / employee

£1.6k

Revenue/employee £57.1k

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 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£8m	£7.4m
Cost of sales	—	—	£6m	£5.1m
Gross profit	—	—	£2m	£2.3m
Operating profit	—	—	−£89.9k	£329k
Profit before tax	—	—	£24.4k	£348k
Profit after tax	£1m	£734k	−£75.7k	£208k
Profit (best available)	£1m	£734k	−£75.7k	£208k
Employees (average)	110	133	131	130
Ratios
Profit margin	—	—	−0.9%	2.8%
Gross margin	—	—	25%	30.6%
Revenue per employee	—	—	£61k	£57.1k
Profit per employee	£9.4k	£5.5k	−£578	£1.6k
Growth (year on year)
Revenue growth	—	—	—	▼7.1%
Profit growth	—	▼28.9%	▼110.3%	—
Headcount growth	—	▲20.9%	▼1.5%	▼0.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£2.3m	£1.3m	£1.4m
Net assets	£8.1m	£8.4m	£8m	£7.7m
Fixed assets	£5.9m	£5.7m	£6m	£5.8m
Current assets	£4.8m	£4.7m	£3.4m	£3.5m
Debtors	£1.1m	£1.5m	£1.2m	£1.1m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 2.8%; Profit ÷ revenue.
Gross margin: 30.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £57.1k; Revenue ÷ average employees.
Profit per employee: £1.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 77.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.5%; 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: ▼4%; Now £7.7m
Cash at bank: ▲7%; Now £1.4m
Headcount: ▼1%; Now 130
Deferred income: —; Now —
Fixed assets: ▼4%; Now £5.8m

Corporate ownership

Group structure

Subsidiaries (1)

Friar Ings Stud LtdFigures 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 Dec 2024 (profit £208k), from the Companies House accounts bulk data published Sep 2025. 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.