How much does Willmott Dixon Holdings Limited make?

Willmott Dixon Holdings Limited reported revenue of £1.1bn and £23.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Willmott Dixon Holdings Limited have?

Willmott Dixon Holdings Limited reported an average of 1,919 employees in the year to 31 Dec 2025.

Is Willmott Dixon Holdings Limited profitable?

Yes — Willmott Dixon Holdings Limited reported a profit of £23.2m in the year to 31 Dec 2025.

Company No. 00198032 · Incorporated 19 May 1924

Willmott Dixon Holdings Limited

Registered name: WILLMOTT DIXON HOLDINGS LIMITED

Part of Hardwicke Investments Limited group

Willmott Dixon Holdings Limited made £1.1bn revenue and £23.2m profit in the year to 31 Dec 2025.

Willmott Dixon Holdings Limited’s revenue fell 4% to £1.1bn in the year to 31 Dec 2025, with £23.2m profit and 1,919 employees. The company is classified under “development of building projects” and is based in Letchworth Garden City; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 70100Activities of head offices

Status: Active
Location: Letchworth Garden City, East of England
Age: 102 yrs · since 1924
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 Dec 2025

Key figures

Revenue

£1.1bn

Growth ▼3.7%

Profit

£23.2m

Growth ▼34.3%

Profit margin

2.1%

Gross 12.2%

Employees

1,919

Change ▼0.1%

Profit / employee

£12.1k

Revenue/employee £580k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.2bn	£1.2bn	£1.1bn
Cost of sales	−£1.1bn	−£1bn	−£977m
Gross profit	£80.3m	£144m	£136m
Operating profit	−£16.7m	£43.3m	£26.7m
Profit before tax	−£14.4m	£46.8m	£31.8m
Profit after tax	−£11.5m	£35.3m	£23.2m
Profit (best available)	−£11.5m	£35.3m	£23.2m
Employees (average)	1,998	1,921	1,919
Ratios
Profit margin	−1%	3%	2.1%
Gross margin	6.9%	12.5%	12.2%
Revenue per employee	£587k	£602k	£580k
Profit per employee	−£5.7k	£18.4k	£12.1k
Growth (year on year)
Revenue growth	—	▼1.3%	▼3.7%
Profit growth	—	—	▼34.3%
Headcount growth	—	▼3.9%	▼0.1%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jun 2025	Accounts · bulk data Jun 2025	Accounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 12.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £580k; Revenue ÷ average employees.
Profit per employee: £12.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▼0%; Now 1,919
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Hardwicke Investments Limitedultimate parent75–100%
Walsworth Limited75–100%
Willmott Dixon Holdings Limitedthis company

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

Subsidiaries (2)

Willmott Dixon LimitedRev. £1.1bn · Profit £21m
Park House Investments LimitedFigures not disclosed

Sister companies (3)

Willmott Dixon FM LimitedRev. £213m · Profit £621k
Be Living Holdings LtdFigures not disclosed
Mi:project Solutions LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £23.2m), from the Companies House accounts bulk data published Jun 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.