How much does Blackwood Plant Hire Ltd make?

Blackwood Plant Hire Ltd reported revenue of £31.2m and £1.3m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Blackwood Plant Hire Ltd have?

Blackwood Plant Hire Ltd reported an average of 140 employees in the year to 31 Mar 2026.

Is Blackwood Plant Hire Ltd profitable?

Yes — Blackwood Plant Hire Ltd reported a profit of £1.3m in the year to 31 Mar 2026.

Company No. SC246234 · Incorporated 24 Mar 2003

Blackwood Plant Hire Ltd

Registered name: BLACKWOOD PLANT HIRE LTD

Part of Blackwood Holdings Limited group

Blackwood Plant Hire Ltd made £31.2m revenue and £1.3m profit in the year to 31 Mar 2026.

Blackwood Plant Hire Ltd’s revenue grew 36% to £31.2m in the year to 31 Mar 2026, with £1.3m profit and 140 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Kilmarnock; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Status: Active
Location: Kilmarnock, Scotland
Age: 23 yrs · since 2003
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 company's immediate and ultimate parent company is Blackwood Holdings Limited (incorporated in the UK). Blackwood Holdings Limited is controlled by S P McCormack.”

Latest accounts · year to 31 Mar 2026

Key figures

Boring industryCash flow filed

Revenue

£31.2m

Growth ▲36%

Profit

£1.3m

Growth ▲15.9%

Profit margin

4.1%

Gross 37.1%

Employees

140

Change ▲4.5%

Profit / employee

£9.2k

Revenue/employee £223k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.9m	£31.2m
Cost of sales	£13.8m	£19.6m
Gross profit	£9.1m	£11.6m
Operating profit	£2.9m	£3.8m
Profit before tax	£1.5m	£1.8m
Profit after tax	£1.1m	£1.3m
Profit (best available)	£1.1m	£1.3m
Staff costs	£6.4m	£7.3m
Employees (average)	134	140
Ratios
Profit margin	4.8%	4.1%
Gross margin	39.8%	37.1%
Revenue per employee	£171k	£223k
Profit per employee	£8.2k	£9.2k
Cash conversion	−203.4%	−236.6%
Growth (year on year)
Revenue growth	—	▲36%
Profit growth	—	▲15.9%
Headcount growth	—	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£489k	£659k
Net assets	£3.9m	£4.8m
Fixed assets	£30.1m	£34.7m
Current assets	£5.6m	£6.8m
Debtors	£4.5m	£5.4m
Cash from operations	−£6m	−£8.9m
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.1%; Profit ÷ revenue.
Gross margin: 37.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £223k; Revenue ÷ average employees.
Profit per employee: £9.2k; Profit ÷ average employees.
Cash conversion: −236.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 111.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; 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: ▲23%; Now £4.8m
Cash at bank: ▲35%; Now £659k
Headcount: ▲4%; Now 140
Deferred income: —; Now —
Fixed assets: ▲15%; Now £34.7m

Corporate ownership

Group structure

Ownership chain

Blackwood Holdings Limitedultimate parent75–100%
Blackwood Plant Hire Ltdthis company

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

Sister companies (1)

Blackwood Training LtdFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.