Heneghan & Sons Limited
Registered name: HENEGHAN & SONS LIMITED
Part of Heneghan Trustees Limited groupHeneghan & Sons Limited made £41.7m revenue and £11.7m profit in the year to 30 Apr 2025. read from filing text
Heneghan & Sons Limited’s revenue fell 22% to £41.7m in the year to 30 Apr 2025, with £11.7m profit and 67 employees. The company is classified under “construction of utility projects for electricity and telecommunications” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 24 yrs · since 2002
- 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. From the filing: “The company's parent undertaking is”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £22.2m | £34.2m | £53.2m | £41.7m |
| Cost of sales | £16.5m | £18.7m | £32.3m | £21.6m |
| Gross profit | £5.7m | £15.5m | £20.8m | £20.1m |
| Operating profit | £3.7m | £11.6m | £16.5m | £15.6m |
| Profit before tax | £3.7m | £11.7m | £16.6m | £15.6m |
| Profit after tax | £3.1m | £9.6m | £12.5m | £11.7m |
| Profit (best available) | £3.1m | £9.6m | £12.5m | £11.7m |
| Staff costs | £1.1m | £2.3m | £3.3m | £3.6m |
| Employees (average) | 27 | 43 | 65 | 67 |
| Ratios | ||||
| Profit margin | 14.1% | 28% | 23.5% | 28.1% |
| Gross margin | 25.8% | 45.3% | 39.2% | 48.3% |
| Revenue per employee | £822k | £795k | £818k | £622k |
| Profit per employee | £116k | £222k | £192k | £175k |
| Cash conversion | −177.7% | −53.4% | −105.9% | −138.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲54% | ▲55.6% | ▼21.6% |
| Profit growth | — | ▲205.4% | ▲30.5% | ▼6.1% |
| Headcount growth | — | ▲59.3% | ▲51.2% | ▲3.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £8.5m | £11.1m | £7.4m | £10.7m |
| Net assets | £6.9m | £13.3m | £7.8m | £7.8m |
| Fixed assets | £174k | £237k | £228k | £186k |
| Current assets | £14.1m | £21.8m | £18.7m | £16m |
| Debtors | £1.9m | £4.9m | £726k | £2.4m |
| Deferred income | £3.8m | £1.6m | £1.8m | £1.2m |
| Cash from operations | −£6.7m | −£6.2m | −£17.5m | −£21.6m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 28.1%
- Profit ÷ revenue.
- Gross margin
- 48.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £622k
- Revenue ÷ average employees.
- Profit per employee
- £175k
- Profit ÷ average employees.
- Cash conversion
- −138.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.7%
- 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
- ▲0%
- Now £7.8m
- Cash at bank
- ▲46%
- Now £10.7m
- Headcount
- ▲3%
- Now 67
- Deferred income
- ▼31%
- Now £1.2m
- Fixed assets
- ▼18%
- Now £186k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Heneghan Trustees Limitedultimate parent75–100%
- Heneghan Holdings Limited75–100%
- Heneghan & Sons Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- A1 Traffic Management LimitedFigures not disclosed
- Heneghan Comms LimitedFigures not disclosed
- Utilise-App LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £11.7m), from the Companies House accounts bulk data published Nov 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.