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Company No. 03401367 · Incorporated 10 Jul 1997

Concept Engineering Consultants Ltd

Registered name: CONCEPT ENGINEERING CONSULTANTS LTD

Part of Tic Pledgeco Limited group

Concept Engineering Consultants Ltd made £15.1m revenue and £510k profit in the year to 31 Dec 2023.

Concept Engineering Consultants Ltd’s revenue was £15.1m in the year to 31 Dec 2023, with £510k profit and 103 employees. The company is classified under “test drilling and boring” and is based in Leicester; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43130Test drilling and boring
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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light
Revenue
£15.1m
Growth —
Profit
£510k
Growth —
Profit margin
3.4%
Gross 61.8%
Employees
103
Change —
Profit / employee
£4.9k
Revenue/employee £147k
Profitable streak
2yrs
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 to31 Jul 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£10.2m£15.1m
Cost of sales£3m£5.8m
Gross profit£7.2m£9.3m
Operating profit£1.3m£896k
Profit before tax£1.2m£829k
Profit after tax£1.1m£510k
Profit (best available)£1.1m£510k
Staff costs£4.3m£6m
Employees (average)105103
Ratios
Profit margin10.8%3.4%
Gross margin70.9%61.8%
Revenue per employee£97.3k£147k
Profit per employee£10.6k£4.9k
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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
3.4%
Profit ÷ revenue.
Gross margin
61.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£147k
Revenue ÷ average employees.
Profit per employee
£4.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.3%
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
—
Now £2.5m
Cash at bank
—
Now £947k
Headcount
—
Now 103
Deferred income
—
Now £193k
Fixed assets
—
Now £322k

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

  1. Tic Pledgeco Limitedultimate parent75–100%
  2. Tic Bidco Limited75–100%
  3. Puma Topco Limited75–100%
  4. Puma Bidco Limited75–100%
  5. Phenna Group Topco Limited75–100%
  6. Phenna Group Midco 1 Limited75–100%
  7. Phenna Group Midco 2 Limited75–100%
  8. Phenna Group Holdings Limited75–100%
  9. Phenna Infrastructure UK Limited75–100%
  10. Construction Testing Solutions Limited75–100%
  11. Concept Engineering Consultants Ltdthis company

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

Sister companies (6)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £510k), from the Companies House accounts bulk data published Sep 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.