How much does Oliver Connell and Son Limited make?

Oliver Connell and Son Limited reported revenue of £150m and £17.6m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Oliver Connell and Son Limited have?

Oliver Connell and Son Limited reported an average of 90 employees in the year to 30 Jun 2025.

Is Oliver Connell and Son Limited profitable?

Yes — Oliver Connell and Son Limited reported a profit of £17.6m in the year to 30 Jun 2025.

Company No. 01168783 · Incorporated 2 May 1974

Oliver Connell and Son Limited

Registered name: OLIVER CONNELL AND SON LIMITED

Oliver Connell and Son Limited made £150m revenue and £17.6m profit in the year to 30 Jun 2025. read from filing text

Oliver Connell and Son Limited’s revenue grew 15% to £150m in the year to 30 Jun 2025, with £17.6m profit and 90 employees. The company is classified under “construction of other civil engineering projects” and is based in South Greenford; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: South Greenford, London
Age: 52 yrs · since 1974
Type: Private Limited Company

Latest accounts · year to 30 Jun 2025

Key figures

IndependentCapital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£150m

Growth ▲15.4%

Profit

£17.6m

Growth ▲16.7%

Profit margin

11.7%

Gross 19.2%

Employees

Change ▼8.2%

Profit / employee

£195k

Revenue/employee £1.7m

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	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£117m	£142m	£130m	£150m
Cost of sales	£109m	£126m	£103m	£121m
Gross profit	£7.6m	£16.1m	£26.7m	£28.9m
Operating profit	£3.1m	£10.8m	£19.5m	£21.5m
Profit before tax	£3m	£10.6m	£20.3m	£22.6m
Profit after tax	£2.5m	£8.3m	£15m	£17.6m
Profit (best available)	£2.5m	£8.3m	£15m	£17.6m
Staff costs	£4.4m	£6.1m	£7.5m	£7.2m
Employees (average)	69	86	98	90
Ratios
Profit margin	2.1%	5.9%	11.6%	11.7%
Gross margin	6.5%	11.4%	20.5%	19.2%
Revenue per employee	£1.7m	£1.7m	£1.3m	£1.7m
Profit per employee	£36.2k	£96.7k	£154k	£195k
Cash conversion	−129.5%	−131.2%	−133.9%	−82.7%
Growth (year on year)
Revenue growth	—	▲21.7%	▼8.5%	▲15.4%
Profit growth	—	▲232.8%	▲80.9%	▲16.7%
Headcount growth	—	▲24.6%	▲14%	▼8.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.5m	£17.5m	£31.7m	£34.5m
Net assets	£17.8m	£22.4m	£29.6m	£39.7m
Fixed assets	£5.8m	£8.4m	£6.9m	£8.7m
Current assets	£38.2m	£44.5m	£53.7m	£66.7m
Debtors	£4.7m	£7m	£6.5m	£5m
Deferred income	£3.5m	£6.8m	£9.3m	£9.2m
Cash from operations	−£4.1m	−£14.2m	−£26.2m	−£17.8m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 11.7%; Profit ÷ revenue.
Gross margin: 19.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.7m; Revenue ÷ average employees.
Profit per employee: £195k; Profit ÷ average employees.
Cash conversion: −82.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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: ▲34%; Now £39.7m
Cash at bank: ▲9%; Now £34.5m
Headcount: ▼8%; Now 90
Deferred income: ▼1%; Now £9.2m
Fixed assets: ▲25%; Now £8.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £17.6m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 14 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.