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Company No. SC256333 · Incorporated 20 Sep 2003

D & E Coaches Limited

Registered name: D & E COACHES LIMITED

Part of The Highland Council group

D & E Coaches Limited made £7.5m revenue and £553k profit in the year to 31 Mar 2025.

D & E Coaches Limited’s revenue grew 22% to £7.5m in the year to 31 Mar 2025, with £553k profit and 79 employees. The company is classified under “other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)” and is based in Inverness; we hold 3 years of its filed accounts.

Status
Active
Location
Inverness, 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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£7.5m
Growth ▲21.9%
Profit
£553k
Growth ▲1.3%
Profit margin
7.4%
Gross 29.1%
Employees
79
Change ▲11.3%
Profit / employee
£7k
Revenue/employee £95k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202329 Feb 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£5.2m£6.2m£7.5m
Cost of sales£4.1m£4.1m£5.3m
Gross profit£1.1m£2m£2.2m
Operating profit£198k£1.1m£932k
Profit before tax£65.7k£865k£764k
Profit after tax£93.3k£546k£553k
Profit (best available)£93.3k£546k£553k
Staff costs£2.3m£2.5m£3.3m
Employees (average)727179
Ratios
Profit margin1.8%8.9%7.4%
Gross margin21.8%33%29.1%
Revenue per employee£72.1k£86.7k£95k
Profit per employee£1.3k£7.7k£7k
Cash conversion−399%−109.3%—
Growth (year on year)
Revenue growth—▲18.5%▲21.9%
Profit growth—▲485.6%▲1.3%
Headcount growth—▼1.4%▲11.3%
Balance sheet — indirect signals, not revenue
Cash at bank£124£5.1k£5.8k
Net assets£2.6m£3.6m£4m
Fixed assets£5.8m£6.6m£7.1m
Current assets£1.5m£1.8m£1.8m
Debtors£346k£392k£426k
Deferred income£59.1k£74.2k£61.4k
Cash from operations−£792k−£1.1m—
SourceFullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
7.4%
Profit ÷ revenue.
Gross margin
29.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£95k
Revenue ÷ average employees.
Profit per employee
£7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
94.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5.7%
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
▲11%
Now £4m
Cash at bank
▲13%
Now £5.8k
Headcount
▲11%
Now 79
Deferred income
▼17%
Now £61.4k
Fixed assets
▲8%
Now £7.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. The Highland Council (registered outside the UK register)ultimate parent75–100%
  2. D & E Coaches 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £553k), from the Companies House accounts bulk data published Dec 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.