Pelican Engineering Co. Limited

Active00212209Professional servicesIncorporated 5 Mar 1926 · Castleford

The group is the UK's and Ireland sole importer and distributor for Yutong electric buses and coaches responsible for all aspects of sales and aftersales throughout the UK. Yutong is the largest bus manufacturer in the world with about 15% of the global market. At the start of 2022, a new long term distribution agreement was signed with Yutong . The group also operates truck dealerships for DAF and MAN providing a full range of services for truck operators in the north of England.

Revenue

£72.6m

▲ +67.2% vs prior ~12m period

Profit after tax

£4.8m

Margin 8.2%

Employees

158

▲ +5.3% vs prior ~12m period

Net assets

£16.5m

Total assets £23.7m

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Mar 2019
Not available
Mar 2020
Not available
Mar 2021
£43.4m
Mar 2022
£72.6m▲ +67.2%
Mar 2023
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2023——£3.1m158£16.5m
31 Mar 2022£72.6m▲ +67.2%£6.0m150£12.4m
31 Mar 2021£43.4m—£3.4m146£8.6m
31 Mar 2020———174£6.7m
31 Mar 2019————£11.5m

Latest available figures

Period ending 31 Mar 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£72.6m
Gross profit
£13.8m
Operating profit
£6.0m
Profit before tax
£6.0m
Profit after tax
£4.8m

Balance sheet

Total assets
£23.7m
Cash
£12.1m
Total liabilities
£7.2m
Net assets
£16.5m
Revenue per employee
Not available

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