How much does Churngold Construction Limited make?

Churngold Construction Limited reported revenue of £61.4m and £2m profit in the year to 31 May 2024, according to its accounts filed at Companies House.

How many employees does Churngold Construction Limited have?

Churngold Construction Limited reported an average of 152 employees in the year to 31 May 2024.

Is Churngold Construction Limited profitable?

Yes — Churngold Construction Limited reported a profit of £2m in the year to 31 May 2024.

Company No. 01908306 · Incorporated 25 Apr 1985

Churngold Construction Limited

Registered name: CHURNGOLD CONSTRUCTION LIMITED

Part of Churngold Holdings Limited group

Churngold Construction Limited made £61.4m revenue and £2m profit in the year to 31 May 2024.

Churngold Construction Limited’s revenue grew 86% to £61.4m in the year to 31 May 2024, with £2m profit and 152 employees. The company is classified under “construction of commercial buildings” and is based in Hallen; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings SIC 42110Construction of roads and motorways SIC 42990Construction of other civil engineering projects n.e.c.SIC 43120Site preparation

Status: Active
Location: Hallen, South West
Age: 41 yrs · since 1985
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.

Latest accounts · year to 31 May 2024

Key figures

Capital-light

Revenue

£61.4m

Growth ▲86.1%

Profit

£2m

Growth ▲31.1%

Profit margin

3.2%

Gross 10.3%

Employees

152

Change ▲10.9%

Profit / employee

£13.1k

Revenue/employee £404k

Profitable streak

2yrs

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	31 May 2023	31 May 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33m	£61.4m
Cost of sales	£28.3m	£55.1m
Gross profit	£4.7m	£6.3m
Operating profit	£1.7m	£2.4m
Profit before tax	£1.7m	£2.4m
Profit after tax	£1.5m	£2m
Profit (best available)	£1.5m	£2m
Staff costs	£7.5m	£9.7m
Employees (average)	137	152
Ratios
Profit margin	4.6%	3.2%
Gross margin	14.1%	10.3%
Revenue per employee	£241k	£404k
Profit per employee	£11.1k	£13.1k
Growth (year on year)
Revenue growth	—	▲86.1%
Profit growth	—	▲31.1%
Headcount growth	—	▲10.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.3m	£11.2m
Net assets	£2.6m	£3.4m
Fixed assets	£2.1m	£2.9m
Current assets	£12.6m	£25.1m
Debtors	£1.3m	£2.7m
Source	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 10.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £404k; Revenue ÷ average employees.
Profit per employee: £13.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.4%; 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: ▲31%; Now £3.4m
Cash at bank: ▲77%; Now £11.2m
Headcount: ▲11%; Now 152
Deferred income: —; Now —
Fixed assets: ▲39%; Now £2.9m

Corporate ownership

Group structure

Ownership chain

Churngold Holdings Limitedultimate parent75–100%
Churngold Construction Group Limited75–100%
Churngold Construction Holdings Limited75–100%
Churngold Construction Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 May 2024 (profit £2m), from the Companies House accounts bulk data published Nov 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.