How much does Bancroft Limited make?

Bancroft Limited reported revenue of £100m and £3.8m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Bancroft Limited have?

Bancroft Limited reported an average of 133 employees in the year to 31 Dec 2025.

Is Bancroft Limited profitable?

Yes — Bancroft Limited reported a profit of £3.8m in the year to 31 Dec 2025.

Company No. 02907123 · Incorporated 10 Mar 1994

Bancroft Limited

Registered name: BANCROFT LIMITED

Part of Teem Group Limited group

Bancroft Limited made £100m revenue and £3.8m profit in the year to 31 Dec 2025.

Bancroft Limited’s revenue grew 44% to £100m in the year to 31 Dec 2025, with £3.8m profit and 133 employees. The company is classified under “electrical installation” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: London, London
Age: 32 yrs · since 1994
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 Dec 2025

Key figures

Boring industry

Revenue

£100m

Growth ▲44.1%

Profit

£3.8m

Growth ▲12.5%

Profit margin

3.8%

Gross 17.1%

Employees

133

Change ▲13.7%

Profit / employee

£28.5k

Revenue/employee £754k

Profitable streak

4yrs

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)	£49.5m	£59.6m	£69.6m	£100m
Cost of sales	£41.8m	£50m	£55.3m	£83.1m
Gross profit	£7.7m	£9.6m	£14.2m	£17.2m
Operating profit	£445k	£1.4m	£3.7m	£4.3m
Profit before tax	£429k	£1.5m	£3.9m	£4.5m
Profit after tax	£691k	£1.5m	£3.4m	£3.8m
Profit (best available)	£691k	£1.5m	£3.4m	£3.8m
Staff costs	£10.5m	£13.2m	£16.2m	£20.1m
Employees (average)	107	108	117	133
Ratios
Profit margin	1.4%	2.5%	4.8%	3.8%
Gross margin	15.5%	16.2%	20.5%	17.1%
Revenue per employee	£463k	£552k	£595k	£754k
Profit per employee	£6.5k	£13.6k	£28.8k	£28.5k
Growth (year on year)
Revenue growth	—	▲20.4%	▲16.7%	▲44.1%
Profit growth	—	▲112%	▲130%	▲12.5%
Headcount growth	—	▲0.9%	▲8.3%	▲13.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.1m	£3m	£8.4m	£25.2m
Net assets	£30.3m	£31.8m	£33.8m	£25.6m
Fixed assets	£21.1m	£21.1m	£21m	£21m
Current assets	£25.9m	£34.1m	£36.2m	£45.2m
Debtors	£22.5m	£31m	£27.6m	£19.9m
Deferred income	£3.1m	£8m	£8.3m	£13.5m
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: 3.8%; Profit ÷ revenue.
Gross margin: 17.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £754k; Revenue ÷ average employees.
Profit per employee: £28.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 13.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.9%; 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: ▼24%; Now £25.6m
Cash at bank: ▲201%; Now £25.2m
Headcount: ▲14%; Now 133
Deferred income: ▲62%; Now £13.5m
Fixed assets: ▼0%; Now £21m

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

Teem Group Limitedultimate parent75–100%
Bancroft Limitedthis company

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

Subsidiaries (2)

Bancroft Blue LimitedFigures not disclosed
Gradeley LimitedFigures not disclosed

Sister companies (2)

Bancroft Group LimitedRev. — · Profit £12m
Gradeley LimitedFigures 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 FullAccounts for the year to 31 Dec 2025 (profit £3.8m), 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.