How much does Tudormay Ltd make?

Tudormay Ltd reported revenue of £27.6m and £1m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Tudormay Ltd have?

Tudormay Ltd reported an average of 10 employees in the year to 31 Mar 2024.

Is Tudormay Ltd profitable?

Yes — Tudormay Ltd reported a profit of £1m in the year to 31 Mar 2024.

Company No. 05283827 · Incorporated 11 Nov 2004

Tudormay Ltd

Registered name: TUDORMAY LTD

Tudormay Ltd made £27.6m revenue and £1m profit in the year to 31 Mar 2024.

Tudormay Ltd’s revenue grew 90% to £27.6m in the year to 31 Mar 2024, with £1m profit and 10 employees. The company is classified under “other building completion and finishing” and is based in Basildon; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: Basildon, East of England
Age: 21 yrs · since 2004
Type: Private Limited Company

Latest accounts · year to 31 Mar 2024

Key figures

IndependentCapital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£27.6m

Growth ▲90.2%

Profit

£1m

Growth ▲99%

Profit margin

3.6%

Gross 8.1%

Employees

Change ▼16.7%

Profit / employee

£100k

Revenue/employee £2.8m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£14.5m	£27.6m
Cost of sales	—	£12.9m	£25.3m
Gross profit	—	£1.6m	£2.2m
Operating profit	—	£659k	£1.4m
Profit before tax	—	£628k	£1.3m
Profit after tax	—	£504k	£1m
Profit (best available)	—	£504k	£1m
Staff costs	—	£422k	£420k
Employees (average)	11	12	10
Ratios
Profit margin	—	3.5%	3.6%
Gross margin	—	10.9%	8.1%
Revenue per employee	—	£1.2m	£2.8m
Profit per employee	—	£42k	£100k
Cash conversion	—	99.4%	−159.9%
Growth (year on year)
Revenue growth	—	—	▲90.2%
Profit growth	—	—	▲99%
Headcount growth	—	▲9.1%	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£287k	£1.7m
Net assets	£503k	£552k	£1.1m
Fixed assets	£3.5k	£22.6k	£43.6k
Current assets	£3.2m	£3.4m	£6m
Debtors	£1.2m	£1.6m	£1.8m
Deferred income	—	£54.8k	£76k
Cash from operations	—	£655k	−£2.2m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 8.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.8m; Revenue ÷ average employees.
Profit per employee: £100k; Profit ÷ average employees.
Cash conversion: −159.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.7%; 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: ▲104%; Now £1.1m
Cash at bank: ▲496%; Now £1.7m
Headcount: ▼17%; Now 10
Deferred income: ▲39%; Now £76k
Fixed assets: ▲93%; Now £43.6k

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

Subsidiaries (2)

Tudormay Facades LtdFigures not disclosed
Tudormay Fireproofing LtdFigures not disclosed

Minority corporate shareholders

JPH Construction Limited 25–50%
R & L May Holdings Ltd 25–50%

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1m), from the Companies House accounts bulk data published Dec 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.