Crest Nicholson PLC
Registered name: CREST NICHOLSON PLC
Part of Crest Nicholson Holdings PLC groupCrest Nicholson PLC made £611m revenue and £27.5m profit in the year to 31 Oct 2025.
Crest Nicholson PLC’s revenue fell 1% to £611m in the year to 31 Oct 2025, with £27.5m profit and 685 employees. The company is classified under “activities of head offices” and is based in Addlestone; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Addlestone, London
- Age
- 54 yrs · since 1972
- Type
- Public 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £658m | £618m | £611m |
| Cost of sales | −£575m | −£691m | −£530m |
| Gross profit | £83m | −£72.3m | £80.6m |
| Operating profit | £30m | −£126m | £25.6m |
| Profit before tax | £39.6m | −£120m | £26.4m |
| Profit after tax | £34.9m | −£83.7m | £27.5m |
| Profit (best available) | £34.9m | −£83.7m | £27.5m |
| Employees (average) | 778 | 704 | 685 |
| Ratios | |||
| Profit margin | 5.3% | −13.5% | 4.5% |
| Gross margin | 12.6% | −11.7% | 13.2% |
| Revenue per employee | £845k | £878k | £892k |
| Profit per employee | £44.9k | −£119k | £40.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▼6% | ▼1.2% |
| Profit growth | — | ▼339.8% | — |
| Headcount growth | — | ▼9.5% | ▼2.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 13.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £892k
- Revenue ÷ average employees.
- Profit per employee
- £40.1k
- 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.
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
- ▼3%
- Now 685
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Crest Nicholson Holdings PLCultimate parent75–100%
- CN Finance PLC75–100%
- Crest Nicholson PLCthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (19)
- Brightwells Farnham Management Company LimitedFigures not disclosed
- Bristol Parkway North LimitedFigures not disclosed
- Clevedon Investment LimitedFigures not disclosed
- CN Nominees LimitedFigures not disclosed
- CN Properties LimitedFigures not disclosed
- Crest (Claybury) LimitedFigures not disclosed
- Crest Developments LimitedFigures not disclosed
- Crest Homes (Eastern) LimitedFigures not disclosed
- Crest Homes (Midlands) LimitedFigures not disclosed
- Crest Nicholson (Bath) Holdings LimitedFigures not disclosed
- Crest Nicholson (Epsom) LimitedFigures not disclosed
- Crest Nicholson Developments (Chertsey) LimitedFigures not disclosed
- Crest Nicholson Operations LimitedFigures not disclosed
- Crest Nicholson Pension Trustee LimitedFigures not disclosed
- Crest Nicholson Residential (Midlands) LimitedFigures not disclosed
- Crest Nicholson Residential (South) LimitedFigures not disclosed
- Mertonplace LimitedFigures not disclosed
- Nicholson Estates (Century House) LimitedFigures not disclosed
- Park West Management Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Oct 2025 (profit £27.5m), from the Companies House accounts bulk data published Mar 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.