Concept Engineering Consultants Ltd
Registered name: CONCEPT ENGINEERING CONSULTANTS LTD
Part of Tic Pledgeco Limited groupConcept Engineering Consultants Ltd made £18.5m revenue and £2.7m profit in the year to 31 Dec 2025.
Concept Engineering Consultants Ltd’s revenue grew 116% to £18.5m in the year to 31 Dec 2025, with £2.7m profit and 50 employees. The company is classified under “test drilling and boring” and is based in Leicester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- Age
- 29 yrs · since 1997
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 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) | £10.2m | £15.1m | £8.6m | £18.5m |
| Cost of sales | £3m | £5.8m | £2.8m | −£13.6m |
| Gross profit | £7.2m | £9.3m | £5.8m | £4.8m |
| Operating profit | £1.3m | £896k | £353k | £2.7m |
| Profit before tax | £1.2m | £829k | £345k | £2.7m |
| Profit after tax | £1.1m | £510k | £245k | £2.7m |
| Profit (best available) | £1.1m | £510k | £245k | £2.7m |
| Staff costs | £4.3m | £6m | — | — |
| Employees (average) | 105 | 103 | 76 | 50 |
| Ratios | ||||
| Profit margin | 10.8% | 3.4% | 2.9% | 14.7% |
| Gross margin | 70.9% | 61.8% | 67.5% | 26.1% |
| Revenue per employee | £97.3k | £147k | £113k | £369k |
| Profit per employee | £10.6k | £4.9k | £3.2k | £54.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲115.7% |
| Profit growth | — | — | — | ▲1005% |
| Headcount growth | — | — | — | ▼34.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £947k | — | — |
| Net assets | £4.2m | £2.5m | — | — |
| Fixed assets | £451k | £322k | — | — |
| Current assets | £6.1m | £3.9m | — | — |
| Debtors | £1.2m | £1.6m | — | — |
| Deferred income | £85.8k | £193k | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 14.7%
- Profit ÷ revenue.
- Gross margin
- 26.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £369k
- Revenue ÷ average employees.
- Profit per employee
- £54.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼34%
- Now 50
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Tic Pledgeco Limitedultimate parent75–100%
- Tic Bidco Limited75–100%
- Puma Topco Limited75–100%
- Puma Bidco Limited75–100%
- Phenna Group Topco Limited75–100%
- Phenna Group Midco 1 Limited75–100%
- Phenna Group Midco 2 Limited75–100%
- Phenna Group Holdings Limited75–100%
- Phenna Infrastructure UK Limited75–100%
- Construction Testing Solutions Limited75–100%
- Concept Engineering Consultants Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Card Geotechnics LimitedRev. £12.5m · Profit £782k
- In Situ Site Investigation LimitedFigures not disclosed
- Mason Evans Partnership (Holdings) LimitedActive - Proposal to Strike offFigures not disclosed
- Mason Evans Partnership LimitedFigures not disclosed
- Nicholls Colton Group LimitedActive - Proposal to Strike offFigures not disclosed
- Silkstone Environmental LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £2.7m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.