How much does K.G. Norman Limited make?

K.G. Norman Limited reported revenue of £11.9m and £1.5m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does K.G. Norman Limited have?

K.G. Norman Limited reported an average of 52 employees in the year to 31 Dec 2024.

Is K.G. Norman Limited profitable?

Yes — K.G. Norman Limited reported a profit of £1.5m in the year to 31 Dec 2024.

Company No. 03557927 · Incorporated 5 May 1998

K.G. Norman Limited

Registered name: K.G. NORMAN LIMITED

K.G. Norman Limited made £11.9m revenue and £1.5m profit in the year to 31 Dec 2024. read from filing text

K.G. Norman Limited’s revenue grew 3% to £11.9m in the year to 31 Dec 2024, with £1.5m profit and 52 employees. The company is classified under “construction of water projects” and is based in Redhill; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42910Construction of water projects

Status: Active
Location: Redhill, South East
Age: 28 yrs · since 1998
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentOperating leverageCash flow filed

Revenue

£11.9m

Growth ▲3.4%

Profit

£1.5m

Growth ▲22.1%

Profit margin

12.2%

Gross 49.5%

Employees

Change ▲2%

Profit / employee

£28k

Revenue/employee £229k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.5m	£11.5m	£11.9m
Cost of sales	£5.6m	£6.2m	£6m
Gross profit	£5m	£5.4m	£5.9m
Operating profit	£1.7m	£1.7m	£2m
Profit before tax	£1.7m	£1.7m	£2m
Profit after tax	£1.7m	£1.2m	£1.5m
Profit (best available)	£1.7m	£1.2m	£1.5m
Staff costs	£2.7m	£2.9m	£3.1m
Employees (average)	49	51	52
Ratios
Profit margin	15.9%	10.3%	12.2%
Gross margin	47.1%	46.5%	49.5%
Revenue per employee	£215k	£226k	£229k
Profit per employee	£34.2k	£23.4k	£28k
Cash conversion	—	−144.6%	−66.6%
Growth (year on year)
Revenue growth	—	▲9.4%	▲3.4%
Profit growth	—	▼28.9%	▲22.1%
Headcount growth	—	▲4.1%	▲2%
Balance sheet — indirect signals, not revenue
Cash at bank	£962k	£1.1m	£1.3m
Net assets	£3.6m	£4.1m	£4.8m
Fixed assets	£2.2m	£2.1m	£1.8m
Current assets	£4.3m	£4.2m	£5.4m
Debtors	£974k	£1.3m	£1.6m
Deferred income	£12.1k	£23.6k	£212k
Cash from operations	—	−£2.5m	−£1.3m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 12.2%; Profit ÷ revenue.
Gross margin: 49.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £229k; Revenue ÷ average employees.
Profit per employee: £28k; Profit ÷ average employees.
Cash conversion: −66.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.6%; 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: ▲17%; Now £4.8m
Cash at bank: ▲21%; Now £1.3m
Headcount: ▲2%; Now 52
Deferred income: ▲799%; Now £212k
Fixed assets: ▼18%; Now £1.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.5m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 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.