How much does Topcoat Construction Limited make?

Topcoat Construction Limited reported revenue of £11.7m and £637k profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Topcoat Construction Limited have?

Topcoat Construction Limited reported an average of 12 employees in the year to 31 Jul 2025.

Is Topcoat Construction Limited profitable?

Yes — Topcoat Construction Limited reported a profit of £637k in the year to 31 Jul 2025.

Company No. 03075151 · Incorporated 3 Jul 1995

Topcoat Construction Limited

Registered name: TOPCOAT CONSTRUCTION LIMITED

Part of TCL Group (London) Ltd group

Topcoat Construction Limited made £11.7m revenue and £637k profit in the year to 31 Jul 2025.

Topcoat Construction Limited’s revenue grew 3% to £11.7m in the year to 31 Jul 2025, with £637k profit and 12 employees. The company is classified under “construction of commercial buildings” and is based in Romford; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings SIC 41202Construction of domestic buildings SIC 43341Painting

Status: Active
Location: Romford, London
Age: 31 yrs · since 1995
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 Jul 2025

Key figures

Capital-light

Revenue

£11.7m

Growth ▲2.8%

Profit

£637k

Growth ▼10.3%

Profit margin

5.5%

Gross 18.1%

Employees

Change ▲9.1%

Profit / employee

£53.1k

Revenue/employee £973k

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.9m	£14.8m	£11.4m	£11.7m
Cost of sales	£11.2m	£12.6m	£9m	£9.6m
Gross profit	£1.7m	£2.2m	£2.3m	£2.1m
Operating profit	£504k	£740k	£898k	£762k
Profit before tax	£501k	£741k	£941k	£815k
Profit after tax	£420k	£610k	£710k	£637k
Profit (best available)	£420k	£610k	£710k	£637k
Employees (average)	11	11	11	12
Ratios
Profit margin	3.3%	4.1%	6.3%	5.5%
Gross margin	13.3%	14.9%	20.4%	18.1%
Revenue per employee	£1.2m	£1.3m	£1m	£973k
Profit per employee	£38.2k	£55.4k	£64.6k	£53.1k
Growth (year on year)
Revenue growth	—	▲14.2%	▼23.2%	▲2.8%
Profit growth	—	▲45.1%	▲16.5%	▼10.3%
Headcount growth	—	0%	0%	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£777k	£1.7m	£2m	£2.2m
Net assets	£2.1m	£2.3m	£2.6m	£3.2m
Fixed assets	£151k	£170k	£161k	£272k
Current assets	£3.9m	£5.1m	£4.6m	£5.5m
Debtors	£2.3m	£2.1m	£2m	£2.4m
Deferred income	£847k	£1.4m	£1.3m	£1.3m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 5.5%; Profit ÷ revenue.
Gross margin: 18.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £973k; Revenue ÷ average employees.
Profit per employee: £53.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.7%; 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: ▲20%; Now £3.2m
Cash at bank: ▲13%; Now £2.2m
Headcount: ▲9%; Now 12
Deferred income: ▲3%; Now £1.3m
Fixed assets: ▲69%; Now £272k

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

TCL Group (London) Ltdultimate parent75–100%
Topcoat Construction Limitedthis company

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

Sister companies (1)

TCL Group Investments LimitedFigures not disclosed

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 FullAccounts for the year to 31 Jul 2025 (profit £637k), from the Companies House accounts bulk data published Mar 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.