Polyteck Building Services Limited
Registered name: POLYTECK BUILDING SERVICES LIMITED
Part of Strata Property Holdings Ltd groupPolyteck Building Services Limited made £42m revenue and £1.8m profit in the year to 31 Dec 2024.
Polyteck Building Services Limited’s revenue was £42m in the year to 31 Dec 2024, with £1.8m profit and 166 employees. The company is classified under “electrical installation” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 21 yrs · since 2005
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 30 Jun 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £20.9m | £36.2m | £42m |
| Cost of sales | £16.7m | £28.1m | £32.5m |
| Gross profit | £4.2m | £8.1m | £9.5m |
| Operating profit | £795k | £2m | £2.8m |
| Profit before tax | £699k | £1.7m | £2.4m |
| Profit after tax | £535k | £1.3m | £1.8m |
| Profit (best available) | £535k | £1.3m | £1.8m |
| Staff costs | — | £10m | £12.3m |
| Employees (average) | 114 | 116 | 166 |
| Ratios | |||
| Profit margin | 2.6% | 3.6% | 4.4% |
| Gross margin | 20.1% | 22.5% | 22.7% |
| Revenue per employee | £183k | £312k | £253k |
| Profit per employee | £4.7k | £11.1k | £11k |
| Cash conversion | −4.6% | −38.4% | −85.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.7k | £202k | £6.9k |
| Net assets | £4.9m | £6.1m | £3.1m |
| Fixed assets | £1.8m | £1.8m | £1.8m |
| Current assets | £9.6m | £11.9m | £12.3m |
| Debtors | £3.2m | £2.6m | £1.8m |
| Deferred income | £273k | £38.4k | £101k |
| Cash from operations | −£36.7k | −£768k | −£2.4m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 22.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £253k
- Revenue ÷ average employees.
- Profit per employee
- £11k
- Profit ÷ average employees.
- Cash conversion
- −85.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.2%
- 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
- —
- Now £3.1m
- Cash at bank
- —
- Now £6.9k
- Headcount
- —
- Now 166
- Deferred income
- —
- Now £101k
- Fixed assets
- —
- Now £1.8m
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
- Strata Property Holdings Ltdultimate parent75–100%
- Polyteck Building Services 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 Dec 2024 (profit £1.8m), 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.