How much does Craig & Derricott Limited make?

Craig & Derricott Limited reported revenue of £12.2m and £875k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Craig & Derricott Limited have?

Craig & Derricott Limited reported an average of 83 employees in the year to 31 Mar 2025.

Is Craig & Derricott Limited profitable?

Yes — Craig & Derricott Limited reported a profit of £875k in the year to 31 Mar 2025.

Company No. 00388918 · Incorporated 27 Jul 1944

Craig & Derricott Limited

Registered name: CRAIG & DERRICOTT LIMITED

Part of Addtech Ab group

Craig & Derricott Limited made £12.2m revenue and £875k profit in the year to 31 Mar 2025.

Craig & Derricott Limited’s revenue fell 1% to £12.2m in the year to 31 Mar 2025, with £875k profit and 83 employees. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Walsall; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27120Manufacture of electricity distribution and control apparatus

Status: Active
Location: Walsall, West Midlands
Age: 82 yrs · since 1944
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

Capital-lightCash flow filed

Revenue

£12.2m

Growth ▼0.8%

Profit

£875k

Growth ▼22.7%

Profit margin

7.2%

Gross 30.9%

Employees

Change ▲1.2%

Profit / employee

£10.5k

Revenue/employee £147k

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 to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.5m	£12.3m	£12.2m
Cost of sales	£6.8m	£8.3m	£8.4m
Gross profit	£2.8m	£4m	£3.8m
Operating profit	£713k	£1.5m	£1.1m
Profit before tax	£750k	£1.5m	£1.1m
Profit after tax	£605k	£1.1m	£875k
Profit (best available)	£605k	£1.1m	£875k
Staff costs	£2.9m	£3.3m	£3.5m
Employees (average)	85	82	83
Ratios
Profit margin	6.3%	9.2%	7.2%
Gross margin	28.8%	32.7%	30.9%
Revenue per employee	£112k	£150k	£147k
Profit per employee	£7.1k	£13.8k	£10.5k
Cash conversion	91.1%	53.4%	107%
Growth (year on year)
Revenue growth	—	▲29%	▼0.8%
Profit growth	—	▲87.1%	▼22.7%
Headcount growth	—	▼3.5%	▲1.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£314k	£574k	£721k
Net assets	£4.6m	£5.3m	£5.7m
Fixed assets	£650k	£617k	£816k
Current assets	£6.1m	£6.9m	£7.7m
Debtors	£1.8m	£2.6m	£2.7m
Deferred income	£276k	£475k	£484k
Cash from operations	£650k	£780k	£1.2m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 7.2%; Profit ÷ revenue.
Gross margin: 30.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £147k; Revenue ÷ average employees.
Profit per employee: £10.5k; Profit ÷ average employees.
Cash conversion: 107%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.8%; 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: ▲6%; Now £5.7m
Cash at bank: ▲26%; Now £721k
Headcount: ▲1%; Now 83
Deferred income: ▲2%; Now £484k
Fixed assets: ▲32%; Now £816k

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

Addtech Ab (registered outside the UK register)ultimate parent75–100%
Craig & Derricott Holdings Limited75–100%
Craig & Derricott 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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £875k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 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.