Billy Bowie Special Projects Limited
Registered name: BILLY BOWIE SPECIAL PROJECTS LIMITED
Billy Bowie Special Projects Limited made £19.4m revenue and £2.2m profit in the year to 31 May 2025. read from filing text
Billy Bowie Special Projects Limited’s revenue fell 1% to £19.4m in the year to 31 May 2025, with £2.2m profit and 85 employees. The company is classified under “collection of non-hazardous waste” and is based in Ayrshire; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ayrshire, Scotland
- Age
- 27 yrs · since 1999
- 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 controlling party is Mr W D Bowie.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £17.1m | £19.9m | £19.6m | £19.4m |
| Cost of sales | £10.8m | £11m | £12.2m | £12.4m |
| Gross profit | £6.4m | £8.9m | £7.4m | £7m |
| Operating profit | £166k | £6.3m | £5.2m | £2.9m |
| Profit before tax | £123k | £6.6m | £5.6m | £3.3m |
| Profit after tax | −£604k | £5.3m | £3.6m | £2.2m |
| Profit (best available) | −£604k | £5.3m | £3.6m | £2.2m |
| Staff costs | £3.4m | £3.4m | £3.8m | £4m |
| Employees (average) | 84 | 82 | 85 | 85 |
| Ratios | ||||
| Profit margin | −3.5% | 26.5% | 18.1% | 11.5% |
| Gross margin | 37.1% | 44.7% | 37.8% | 35.9% |
| Revenue per employee | £204k | £243k | £231k | £228k |
| Profit per employee | −£7.2k | £64.1k | £41.9k | £26.2k |
| Cash conversion | −2009% | −99% | −84.3% | −170.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲16% | ▼1.2% | ▼1.2% |
| Profit growth | — | — | ▼32.3% | ▼37.6% |
| Headcount growth | — | ▼2.4% | ▲3.7% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £365k | £884k | £474k | £164k |
| Net assets | £17.5m | £21.6m | £25.8m | £28.1m |
| Fixed assets | £13.1m | £16.5m | £22.5m | £27.7m |
| Current assets | £7.7m | £9.4m | £8.8m | £8.2m |
| Debtors | £2.7m | £3.5m | £3.8m | £3.4m |
| Deferred income | £485k | £420k | £353k | £275k |
| Cash from operations | −£3.3m | −£6.2m | −£4.3m | −£5m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 11.5%
- Profit ÷ revenue.
- Gross margin
- 35.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £228k
- Revenue ÷ average employees.
- Profit per employee
- £26.2k
- Profit ÷ average employees.
- Cash conversion
- −170.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 142.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.5%
- 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
- ▲9%
- Now £28.1m
- Cash at bank
- ▼65%
- Now £164k
- Headcount
- 0%
- Now 85
- Deferred income
- ▼22%
- Now £275k
- Fixed assets
- ▲23%
- Now £27.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.2m), 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.