How much does Stewarts of Tayside Limited make?

Stewarts of Tayside Limited reported revenue of £43.8m and £2.6m profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Stewarts of Tayside Limited have?

Stewarts of Tayside Limited reported an average of 516 employees in the year to 31 May 2025.

Is Stewarts of Tayside Limited profitable?

Yes — Stewarts of Tayside Limited reported a profit of £2.6m in the year to 31 May 2025.

Company No. SC109136 · Incorporated 10 Feb 1988

Stewarts of Tayside Limited

Registered name: STEWARTS OF TAYSIDE LIMITED

Part of Stewarts Produce Limited group

Stewarts of Tayside Limited made £43.8m revenue and £2.6m profit in the year to 31 May 2025. read from filing text

Stewarts of Tayside Limited’s revenue grew 6% to £43.8m in the year to 31 May 2025, with £2.6m profit and 516 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Perth; we hold 4 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01110Growing of cereals (except rice), leguminous crops and oil seeds SIC 01130Growing of vegetables and melons, roots and tubers

Status: Active
Location: Perth, Scotland
Age: 38 yrs · since 1988
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 immediate and ultimate parent undertaking and controlling party is Stewarts Produce Limited, which is controlled by Mr W H Stewart, director.”

Latest accounts · year to 31 May 2025

Key figures

Revenue

£43.8m

Growth ▲6%

Profit

£2.6m

Growth ▼26.3%

Profit margin

Gross 34.9%

Employees

516

Change ▲14.4%

Profit / employee

£5.1k

Revenue/employee £85k

Profitable streak

4yrs

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 May 2022	31 May 2023	31 May 2024	31 May 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)	£28m	£32.6m	£41.4m	£43.8m
Cost of sales	£20m	£22.9m	£26.4m	£28.6m
Gross profit	£8m	£9.7m	£14.9m	£15.3m
Operating profit	£803k	£1.5m	£4.3m	£3.7m
Profit before tax	£741k	£1.4m	£4.1m	£3.4m
Profit after tax	£770k	£1.2m	£3.6m	£2.6m
Profit (best available)	£770k	£1.2m	£3.6m	£2.6m
Employees (average)	404	427	451	516
Ratios
Profit margin	2.8%	3.7%	8.6%	6%
Gross margin	28.5%	29.7%	36.1%	34.9%
Revenue per employee	£69.2k	£76.4k	£91.7k	£85k
Profit per employee	£1.9k	£2.8k	£7.9k	£5.1k
Growth (year on year)
Revenue growth	—	▲16.7%	▲26.8%	▲6%
Profit growth	—	▲57%	▲194%	▼26.3%
Headcount growth	—	▲5.7%	▲5.6%	▲14.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£11.5k	£5.1k	£242k	£18.4k
Net assets	£10.5m	£11.7m	£15.3m	£17.9m
Fixed assets	£13.9m	£14.2m	£14.9m	£18.8m
Current assets	£8.1m	£9.1m	£11.4m	£14.5m
Debtors	£1.8m	£2.3m	£3.3m	£4.1m
Deferred income	£284k	£238k	£202k	£175k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 6%; Profit ÷ revenue.
Gross margin: 34.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £85k; Revenue ÷ average employees.
Profit per employee: £5.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 43%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.4%; 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: ▲17%; Now £17.9m
Cash at bank: ▼92%; Now £18.4k
Headcount: ▲14%; Now 516
Deferred income: ▼13%; Now £175k
Fixed assets: ▲27%; Now £18.8m

Corporate ownership

Group structure

Ownership chain

Stewarts Produce Limitedultimate parent75–100%
Stewarts of Tayside Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.6m), from the Companies House accounts bulk data published Feb 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.