Conneely Drylining Limited
Registered name: CONNEELY DRYLINING LIMITED
Conneely Drylining Limited made £36m revenue and £253k profit in the year to 31 Mar 2025. read from filing text
Conneely Drylining Limited’s revenue grew 6% to £36m in the year to 31 Mar 2025, with £253k profit and 28 employees. The company is classified under “other service activities” and is based in Stansted; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Stansted, East of England
- Age
- 32 yrs · since 1993
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £23.1m | £34m | £36m |
| Cost of sales | £20.2m | £30.1m | £32.7m |
| Gross profit | £3m | £3.9m | £3.3m |
| Operating profit | £263k | £496k | £448k |
| Profit before tax | £225k | £455k | £370k |
| Profit after tax | £301k | £358k | £253k |
| Profit (best available) | £301k | £358k | £253k |
| Employees (average) | 20 | 20 | 28 |
| Ratios | |||
| Profit margin | 1.3% | 1.1% | 0.7% |
| Gross margin | 12.9% | 11.6% | 9.1% |
| Revenue per employee | £1.2m | £1.7m | £1.3m |
| Profit per employee | £15.1k | £17.9k | £9k |
| Cash conversion | 73.6% | −18.2% | −791.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▲47.2% | ▲5.7% |
| Profit growth | — | ▲18.9% | ▼29.3% |
| Headcount growth | — | 0% | ▲40% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1m | £1.3m | £4.1m |
| Net assets | £4.1m | £4.4m | £4.7m |
| Fixed assets | £267k | £360k | £429k |
| Current assets | — | £11.6m | £13.1m |
| Debtors | £1.2m | £4.3m | £4.1m |
| Cash from operations | £194k | −£90.1k | −£3.5m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 9.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.3m
- Revenue ÷ average employees.
- Profit per employee
- £9k
- Profit ÷ average employees.
- Cash conversion
- −791.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.5%
- 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
- ▲6%
- Now £4.7m
- Cash at bank
- ▲221%
- Now £4.1m
- Headcount
- ▲40%
- Now 28
- Deferred income
- —
- Now —
- Fixed assets
- ▲19%
- Now £429k
Group structure
Subsidiaries (1)
- Conneely Contracts LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £253k), from the Companies House accounts bulk data published Dec 2025. 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.