Avondale Construction Limited
Registered name: AVONDALE CONSTRUCTION LIMITED
Avondale Construction Limited made £20.9m revenue and £588k profit in the year to 31 Oct 2025. read from filing text
Avondale Construction Limited’s revenue grew 25% to £20.9m in the year to 31 Oct 2025, with £588k profit and 98 employees. The company is classified under “other specialised construction activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 48 yrs · since 1978
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 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) | £18.6m | £18.4m | £16.6m | £20.9m |
| Cost of sales | £15.5m | £15.6m | £14m | £17.9m |
| Gross profit | £3.1m | £2.8m | £2.7m | £3m |
| Operating profit | £1.2m | £803k | £536k | £814k |
| Profit before tax | £1.2m | £808k | £601k | £864k |
| Profit after tax | £939k | £598k | £408k | £588k |
| Profit (best available) | £939k | £598k | £408k | £588k |
| Staff costs | £6.5m | £6.6m | £6m | £4.9m |
| Employees (average) | 181 | 155 | 127 | 98 |
| Ratios | ||||
| Profit margin | 5% | 3.3% | 2.5% | 2.8% |
| Gross margin | 16.6% | 15.3% | 16.1% | 14.2% |
| Revenue per employee | £103k | £119k | £131k | £213k |
| Profit per employee | £5.2k | £3.9k | £3.2k | £6k |
| Cash conversion | −37.6% | −84.5% | −126.8% | −87.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼1.1% | ▼9.7% | ▲25.4% |
| Profit growth | — | ▼36.3% | ▼31.7% | ▲44% |
| Headcount growth | — | ▼14.4% | ▼18.1% | ▼22.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £2.1m | £1.9m | £1.6m |
| Net assets | £2.9m | £3.4m | £3.8m | £3.3m |
| Fixed assets | £118k | £99.7k | £45.4k | £40.9k |
| Current assets | £5.6m | £5.8m | £5.9m | £5.4m |
| Debtors | £1.8m | £2.1m | £1.7m | £1.5m |
| Deferred income | £1m | £1m | £795k | £687k |
| Cash from operations | −£449k | −£678k | −£680k | −£713k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- 14.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £213k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- −87.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.1%
- 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
- ▼13%
- Now £3.3m
- Cash at bank
- ▼13%
- Now £1.6m
- Headcount
- ▼23%
- Now 98
- Deferred income
- ▼14%
- Now £687k
- Fixed assets
- ▼10%
- Now £40.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £588k), from the Companies House accounts bulk data published May 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.