How much does Devon Contractors Limited make?

Devon Contractors Limited reported revenue of £23m and £341k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Devon Contractors Limited have?

Devon Contractors Limited reported an average of 32 employees in the year to 31 May 2025.

Is Devon Contractors Limited profitable?

Yes — Devon Contractors Limited reported a profit of £341k in the year to 31 May 2025.

Company No. 00533232 · Incorporated 13 May 1954

Devon Contractors Limited

Registered name: DEVON CONTRACTORS LIMITED

Part of Devon Contractors (Topco) Limited group

Devon Contractors Limited made £23m revenue and £341k profit in the year to 31 May 2025.

Devon Contractors Limited’s revenue grew 14% to £23m in the year to 31 May 2025, with £341k profit and 32 employees. The company is classified under “construction of commercial buildings” and is based in Clyst ST Mary Exeter; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Clyst ST Mary Exeter, South West
Age: 72 yrs · since 1954
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: “Devon Contractors (Holdings) Limited”

Latest accounts · year to 31 May 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£23m

Growth ▲14%

Profit

£341k

Growth ▲32.6%

Profit margin

1.5%

Gross 4.1%

Employees

Change ▼11.1%

Profit / employee

£10.7k

Revenue/employee £719k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£27m	£22.6m	£20.2m	£23m
Cost of sales	£26.4m	£22m	£19.2m	£22.1m
Gross profit	£643k	£645k	£970k	£950k
Profit before tax	£25.2k	£45.2k	£350k	£425k
Profit after tax	£17.6k	£36.7k	£257k	£341k
Profit (best available)	£17.6k	£36.7k	£257k	£341k
Staff costs	£2.4m	£2m	£2.1m	£2m
Employees (average)	42	39	36	32
Ratios
Profit margin	0.1%	0.2%	1.3%	1.5%
Gross margin	2.4%	2.9%	4.8%	4.1%
Revenue per employee	£643k	£580k	£561k	£719k
Profit per employee	£419	£940	£7.2k	£10.7k
Growth (year on year)
Revenue growth	—	▼16.2%	▼10.7%	▲14%
Profit growth	—	▲108.5%	▲602.1%	▲32.6%
Headcount growth	—	▼7.1%	▼7.7%	▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.2m	£3.1m	£4.1m	£4.5m
Net assets	£1m	£1m	£1.3m	£1.6m
Fixed assets	£127k	£119k	£104k	£145k
Current assets	£9.5m	£6.1m	£6m	£8.4m
Debtors	£3.5m	£2.4m	£2m	£18.9k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 4.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £719k; Revenue ÷ average employees.
Profit per employee: £10.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲27%; Now £1.6m
Cash at bank: ▲10%; Now £4.5m
Headcount: ▼11%; Now 32
Deferred income: —; Now —
Fixed assets: ▲40%; Now £145k

Corporate ownership

Group structure

Ownership chain

Devon Contractors (Topco) Limitedultimate parent75–100%
Devon Contractors (Holdings) Limited75–100%
Devon Contractors 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 May 2025 (profit £341k), from the Companies House accounts bulk data published Feb 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.