Connolly Homes Limited
Registered name: CONNOLLY HOMES LIMITED
Part of The Connolly Foundation (UK) Limited groupConnolly Homes Limited made £10.8m revenue and £5.3m profit in the year to 31 May 2025.
Connolly Homes Limited’s revenue grew 6198% to £10.8m in the year to 31 May 2025, with £5.3m profit and 1 employee. The company is classified under “construction of domestic buildings” and is based in Luton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Luton, East of England
- Age
- 63 yrs · since 1963
- 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. From the filing: “The Connolly Foundation (UK) Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £14.2m | £12.7m | £171k | £10.8m |
| Cost of sales | £6m | £7.6m | £142k | £5.9m |
| Gross profit | £8.2m | £5.1m | £29k | £4.9m |
| Operating profit | £7.6m | £4.5m | −£570k | £4.4m |
| Profit before tax | £7.6m | £5.1m | £350k | £5.3m |
| Profit after tax | £7.6m | £5.1m | £350k | £5.3m |
| Profit (best available) | £7.6m | £5.1m | £350k | £5.3m |
| Staff costs | £381k | £312k | £264k | £104k |
| Employees (average) | 4 | 3 | 1 | 1 |
| Ratios | ||||
| Profit margin | 53.6% | 39.9% | 205% | 48.8% |
| Gross margin | 57.6% | 40.4% | 17% | 45.7% |
| Revenue per employee | £3.5m | £4.2m | £171k | £10.8m |
| Profit per employee | £1.9m | £1.7m | £350k | £5.3m |
| Cash conversion | −45.9% | 142% | — | −63.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼10.5% | ▼98.7% | ▲6198% |
| Profit growth | — | ▼33.3% | ▼93.1% | ▲1401% |
| Headcount growth | — | ▼25% | ▼66.7% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.8m | £13.7m | £18m | £16m |
| Net assets | £40.9m | £40.9m | £40.9m | £40.9m |
| Fixed assets | £102 | £5.1k | £7k | £5.2k |
| Current assets | £43.2m | £44m | £45.1m | £42.8m |
| Debtors | £21.9k | £4.5k | £13.1m | £4.8m |
| Deferred income | £1.1m | £730k | £663k | £670k |
| Cash from operations | −£3.5m | £6.4m | £3.3m | −£2.8m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 48.8%
- Profit ÷ revenue.
- Gross margin
- 45.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.8m
- Revenue ÷ average employees.
- Profit per employee
- £5.3m
- Profit ÷ average employees.
- Cash conversion
- −63.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 44.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▼0%
- Now £40.9m
- Cash at bank
- ▼11%
- Now £16m
- Headcount
- 0%
- Now 1
- Deferred income
- ▲1%
- Now £670k
- Fixed assets
- ▼26%
- Now £5.2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- The Connolly Foundation (UK) Limitedultimate parent75–100%
- Connolly Homes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- DB(Ni) Realisations LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £5.3m), 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.