How much does Ardmore Construction Limited make?

Ardmore Construction Limited reported revenue of £313m and a loss of £14.1m in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Ardmore Construction Limited have?

Ardmore Construction Limited reported an average of 244 employees in the year to 30 Sep 2023.

Is Ardmore Construction Limited profitable?

No — Ardmore Construction Limited reported a loss of £14.1m in the year to 30 Sep 2023.

Company No. 01185592 · Incorporated 30 Sep 1974

Ardmore Construction Limited

Registered name: ARDMORE CONSTRUCTION LIMITED

Ardmore Construction Limited made £313m revenue and a £14.1m loss in the year to 30 Sep 2023. read from filing text

Ardmore Construction Limited’s revenue fell 25% to £313m in the year to 30 Sep 2023, with a loss of £14.1m and 244 employees. The company is classified under “construction of commercial buildings” and is based in Leigh-on-Sea; we hold 2 years of its filed accounts.

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

Status: In Administration
Location: Leigh-on-Sea, East of England
Age: 52 yrs · since 1974
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: “The Company's ultimate parent company is Ardmore Group Limited.”

Latest accounts · year to 30 Sep 2023

Key figures

Capital-light

Revenue

£313m

Growth ▼24.6%

Profit

−£14.1m

Growth ▼714.4%

Profit margin

−4.5%

Gross −0.4%

Employees

244

Change ▼43.5%

Profit / employee

−£57.6k

Revenue/employee £1.3m

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£415m	£313m
Cost of sales	£394m	£314m
Gross profit	£21.5m	−£1.3m
Operating profit	£2.8m	−£14.1m
Profit before tax	£2.8m	−£14.1m
Profit after tax	£2.3m	−£14.1m
Profit (best available)	£2.3m	−£14.1m
Staff costs	£33m	£32.6m
Employees (average)	432	244
Ratios
Profit margin	0.5%	−4.5%
Gross margin	5.2%	−0.4%
Revenue per employee	£962k	£1.3m
Profit per employee	£5.3k	−£57.6k
Growth (year on year)
Revenue growth	—	▼24.6%
Profit growth	—	▼714.4%
Headcount growth	—	▼43.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£29.6m	£31.6m
Net assets	£26.9m	£12.9m
Fixed assets	£2.2m	£1
Current assets	£211m	£196m
Debtors	£66.1m	£43.5m
Deferred income	£64.1m	£12.7m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −4.5%; Profit ÷ revenue.
Gross margin: −0.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3m; Revenue ÷ average employees.
Profit per employee: −£57.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.9%; 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: ▼52%; Now £12.9m
Cash at bank: ▲7%; Now £31.6m
Headcount: ▼44%; Now 244
Deferred income: ▼80%; Now £12.7m
Fixed assets: ▼100%; Now £1

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 Sep 2023 (profit −£14.1m), from the Companies House accounts bulk data published Jun 2024. 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.