How much does Corbyn Construction Limited make?

Corbyn Construction Limited reported revenue of £32.8m and £435k profit in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does Corbyn Construction Limited have?

Corbyn Construction Limited reported an average of 20 employees in the year to 30 Jun 2023.

Is Corbyn Construction Limited profitable?

Yes — Corbyn Construction Limited reported a profit of £435k in the year to 30 Jun 2023.

Company No. 02420992 · Incorporated 8 Sep 1989

Corbyn Construction Limited

Registered name: CORBYN CONSTRUCTION LIMITED

Part of Corbyn Holdings Limited group

Corbyn Construction Limited made £32.8m revenue and £435k profit in the year to 30 Jun 2023.

Corbyn Construction Limited’s revenue fell 29% to £32.8m in the year to 30 Jun 2023, with £435k profit and 20 employees. The company is classified under “construction of other civil engineering projects” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: In Administration
Location: London, London
Age: 37 yrs · since 1989
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: “Corbyn Holdings Limited”

Latest accounts · year to 30 Jun 2023

Key figures

Revenue

£32.8m

Growth ▼28.8%

Profit

£435k

Growth —

Profit margin

1.3%

Gross 7.4%

Employees

Change ▲11.1%

Profit / employee

£21.8k

Revenue/employee £1.6m

Profitable streak

1yr

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 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£46.1m	£32.8m
Cost of sales	£49.6m	£30.4m
Gross profit	−£3.6m	£2.4m
Operating profit	−£5.1m	£756k
Profit before tax	−£5.2m	£435k
Profit after tax	−£5.1m	£435k
Profit (best available)	−£5.1m	£435k
Staff costs	£964k	£913k
Employees (average)	18	20
Ratios
Profit margin	−11%	1.3%
Gross margin	−7.7%	7.4%
Revenue per employee	£2.6m	£1.6m
Profit per employee	−£281k	£21.8k
Growth (year on year)
Revenue growth	—	▼28.8%
Headcount growth	—	▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£569	£570
Net assets	£4.7m	£5.1m
Fixed assets	£4.2m	£4.2m
Current assets	£12.4m	£11m
Debtors	£12.4m	£11m
Deferred income	£1m	£236k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 7.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.6m; Revenue ÷ average employees.
Profit per employee: £21.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 33.4%; 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: ▲9%; Now £5.1m
Cash at bank: ▲0%; Now £570
Headcount: ▲11%; Now 20
Deferred income: ▼77%; Now £236k
Fixed assets: ▼2%; Now £4.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Corbyn Holdings Limitedultimate parent75–100%
Corbyn Construction Limitedthis company

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

Sister companies (2)

Corbyn Plant LimitedActive - Proposal to Strike offFigures not disclosed
Gallions Properties LimitedActive - Proposal to Strike offFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Jun 2023 (profit £435k), from the Companies House accounts bulk data published Jan 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.