Dwellcourt Limited
Registered name: DWELLCOURT LIMITED
Part of The Trustees Of The Thomas Albert Hilliard Discretionary Trust groupDwellcourt Limited made £27.2m revenue and a £10k loss in the year to 31 Oct 2025.
Dwellcourt Limited’s revenue grew 12% to £27.2m in the year to 31 Oct 2025, with a loss of £10k and 203 employees. The company is classified under “activities of head offices” and is based in Ewell; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ewell, London
- Age
- 42 yrs · since 1984
- Type
- Private 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 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24.8m | £24.9m | £24.3m | £27.2m |
| Cost of sales | £16.4m | £16.8m | £16.4m | £18.1m |
| Gross profit | £8.4m | £8.1m | £7.9m | £9.1m |
| Operating profit | £3.7m | £3.4m | £3.1m | £4m |
| Profit before tax | £3.7m | £3.5m | £3.1m | £4.2m |
| Profit after tax | £25.3k | −£17.4k | −£93.6k | −£10k |
| Profit (best available) | £25.3k | −£17.4k | −£93.6k | −£10k |
| Staff costs | £6.7m | £7m | £7m | £7.3m |
| Employees (average) | 251 | 237 | 227 | 203 |
| Ratios | ||||
| Profit margin | 0.1% | −0.1% | −0.4% | 0% |
| Gross margin | 34% | 32.6% | 32.5% | 33.4% |
| Revenue per employee | £98.9k | £105k | £107k | £134k |
| Profit per employee | £101 | −£73 | −£412 | −£49 |
| Cash conversion | 24.4% | 155.1% | 104.6% | 119.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲0.5% | ▼2.5% | ▲12% |
| Profit growth | — | ▼168.5% | — | — |
| Headcount growth | — | ▼5.6% | ▼4.2% | ▼10.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £926k | £4.2m | £610k | £2.1m |
| Net assets | £5.6m | £5.1m | £4.4m | £3.6m |
| Fixed assets | £1.9m | £1.9m | £7m | £7.9m |
| Current assets | £12.7m | £14.5m | £11m | £11.5m |
| Debtors | £15.5k | £960 | £5k | £5k |
| Cash from operations | £905k | £5.3m | £3.2m | £4.7m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 33.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £134k
- Revenue ÷ average employees.
- Profit per employee
- −£49
- Profit ÷ average employees.
- Cash conversion
- 119.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 29.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼17%
- Now £3.6m
- Cash at bank
- ▲238%
- Now £2.1m
- Headcount
- ▼11%
- Now 203
- Deferred income
- —
- Now —
- Fixed assets
- ▲14%
- Now £7.9m
Group structure
Ownership chain
- The Trustees Of The Thomas Albert Hilliard Discretionary Trust (registered outside the UK register)ultimate parent50–75%
- Dwellcourt Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Kingswood Golf & Country Club LimitedRev. £3.8m · Profit £144k
- Golf Retail Group LimitedRev. £0 · Profit £20k
- Claredale Warehousing LimitedFigures not disclosed
- Dwellcourt SPV Padel LtdFigures not disclosed
- Silvermere Golf & Leisure LimitedRev. — · Profit £719k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£10k), from the Companies House accounts bulk data published Jul 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.