Meikles of Scotland Limited
Registered name: MEIKLES OF SCOTLAND LIMITED
Meikles of Scotland Limited made £328k revenue and £21.8k profit in the year to 31 Dec 2025.
Meikles of Scotland Limited’s revenue grew 23% to £328k in the year to 31 Dec 2025, with £21.8k profit and 3 employees. The company is classified under “distilling, rectifying and blending of spirits” and is based in Newtonmore; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newtonmore, Scotland
- Age
- 38 yrs · since 1988
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £267k | £328k |
| Profit after tax | — | — | £32.8k | £21.8k |
| Profit (best available) | — | — | £32.8k | £21.8k |
| Staff costs | — | — | £53.4k | £60.9k |
| Employees (average) | — | 3 | 2 | 3 |
| Ratios | ||||
| Profit margin | — | — | 12.3% | 6.6% |
| Revenue per employee | — | — | £133k | £109k |
| Profit per employee | — | — | £16.4k | £7.3k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲22.9% |
| Profit growth | — | — | — | ▼33.6% |
| Headcount growth | — | — | ▼33.3% | ▲50% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £106k | £112k | £151k | £153k |
| Fixed assets | £90.3k | £79.7k | £84.3k | £54.1k |
| Current assets | £60.4k | £84k | £132k | £145k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- £7.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲1%
- Now £153k
- Cash at bank
- —
- Now —
- Headcount
- ▲50%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼36%
- Now £54.1k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £21.8k), from the Companies House accounts bulk data published Mar 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.