How much does T Balfe Construction Limited make?

T Balfe Construction Limited reported revenue of £48.4m and a loss of £111k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does T Balfe Construction Limited have?

T Balfe Construction Limited reported an average of 54 employees in the year to 31 Dec 2025.

Is T Balfe Construction Limited profitable?

No — T Balfe Construction Limited reported a loss of £111k in the year to 31 Dec 2025.

Company No. 01818688 · Incorporated 23 May 1984

T Balfe Construction Limited

Registered name: T BALFE CONSTRUCTION LIMITED

T Balfe Construction Limited made £48.4m revenue and a £111k loss in the year to 31 Dec 2025.

T Balfe Construction Limited’s revenue grew 75% to £48.4m in the year to 31 Dec 2025, with a loss of £111k and 54 employees. The company is classified under “construction of commercial buildings” and is based in Grantham; we hold 4 years of its filed accounts.

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

Status: Active
Location: Grantham, East Midlands
Age: 42 yrs · since 1984
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightDoing more with lessCash flow filed

Revenue

£48.4m

Growth ▲75.4%

Profit

−£111k

Growth —

Profit margin

−0.2%

Gross 6.4%

Employees

Change ▼12.9%

Profit / employee

−£2.1k

Revenue/employee £895k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£42.3m	£30.9m	£27.6m	£48.4m
Cost of sales	£38.5m	£28.6m	£25.6m	£45.3m
Gross profit	£3.9m	£2.3m	£1.9m	£3.1m
Operating profit	£1.1m	−£703k	−£496k	−£263k
Profit before tax	£949k	−£834k	−£597k	−£459k
Profit after tax	£1.1m	−£817k	−£691k	−£111k
Profit (best available)	£1.1m	−£817k	−£691k	−£111k
Staff costs	£3.6m	£3.2m	£2.7m	£3.4m
Employees (average)	75	66	62	54
Ratios
Profit margin	2.7%	−2.6%	−2.5%	−0.2%
Gross margin	9.2%	7.5%	7%	6.4%
Revenue per employee	£564k	£469k	£445k	£895k
Profit per employee	£15.1k	−£12.4k	−£11.1k	−£2.1k
Cash conversion	−86.2%	—	—	—
Growth (year on year)
Revenue growth	—	▼26.9%	▼10.9%	▲75.4%
Profit growth	—	▼172.1%	—	—
Headcount growth	—	▼12%	▼6.1%	▼12.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£479	£13.1k	£13.3k	£413k
Net assets	£9.5m	£8.7m	£7.5m	£7.4m
Fixed assets	£5.1m	£4.5m	£4.3m	£4m
Current assets	£13.4m	£11.1m	£10.1m	£14.1m
Debtors	£5.4m	£4.6m	£4.5m	£7.7m
Cash from operations	−£931k	−£1.7m	−£335k	£627k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 6.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £895k; Revenue ÷ average employees.
Profit per employee: −£2.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16%; 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: ▼1%; Now £7.4m
Cash at bank: ▲3014%; Now £413k
Headcount: ▼13%; Now 54
Deferred income: —; Now —
Fixed assets: ▼6%; Now £4m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£111k), from the Companies House accounts bulk data published Sep 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.