Read Construction Holdings Limited
Registered name: READ CONSTRUCTION HOLDINGS LIMITED
Part of Read Construction UK Limited groupRead Construction Holdings Limited made £46.1m revenue and £3.1m profit in the year to 31 Mar 2025.
Read Construction Holdings Limited’s revenue grew 6% to £46.1m in the year to 31 Mar 2025, with £3.1m profit and 75 employees. The company is classified under “construction of commercial buildings” and is based in Brymbo; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Brymbo, Wales
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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. From the filing: “Read Construction Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £28.4m | £43.4m | £46.1m |
| Cost of sales | £26m | £39.9m | £40.5m |
| Gross profit | £2.4m | £3.5m | £5.7m |
| Profit before tax | £689k | £1.5m | £3.5m |
| Profit after tax | £654k | £1.1m | £3.1m |
| Profit (best available) | £654k | £1.1m | £3.1m |
| Staff costs | £3.1m | £3.7m | £4.1m |
| Employees (average) | 76 | 71 | 75 |
| Ratios | |||
| Profit margin | 2.3% | 2.6% | 6.8% |
| Gross margin | 8.5% | 8% | 12.3% |
| Revenue per employee | £374k | £612k | £615k |
| Profit per employee | £8.6k | £15.7k | £41.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲52.8% | ▲6.2% |
| Profit growth | — | ▲71% | ▲180.1% |
| Headcount growth | — | ▼6.6% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.1m | £6.2m | £7.5m |
| Net assets | £2.2m | £2.8m | £4.8m |
| Current assets | £8m | £14.1m | £15.9m |
| Debtors | £2.7m | £4.7m | £5.6m |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 6.8%
- Profit ÷ revenue.
- Gross margin
- 12.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £615k
- Revenue ÷ average employees.
- Profit per employee
- £41.8k
- 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
- 12.1%
- 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
- ▲74%
- Now £4.8m
- Cash at bank
- ▲21%
- Now £7.5m
- Headcount
- ▲6%
- Now 75
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Read Construction UK Limitedultimate parent75–100%
- Read Construction Group Limited75–100%
- Read Construction Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.1m), from the Companies House accounts bulk data published Sep 2025. 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.