How much does E Terry Groundworks Limited make?

E Terry Groundworks Limited reported revenue of £17.5m and £2.6m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does E Terry Groundworks Limited have?

E Terry Groundworks Limited reported an average of 10 employees in the year to 31 Dec 2025.

Is E Terry Groundworks Limited profitable?

Yes — E Terry Groundworks Limited reported a profit of £2.6m in the year to 31 Dec 2025.

Company No. 05697589 · Incorporated 3 Feb 2006

E Terry Groundworks Limited

Registered name: E TERRY GROUNDWORKS LIMITED

Part of E Terry Group Limited group

E Terry Groundworks Limited made £17.5m revenue and £2.6m profit in the year to 31 Dec 2025. read from filing text

E Terry Groundworks Limited’s revenue grew 56% to £17.5m in the year to 31 Dec 2025, with £2.6m profit and 10 employees. The company is classified under “demolition” and is based in Droitwich; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43110Demolition

Status: Active
Location: Droitwich, West Midlands
Age: 20 yrs · since 2006
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: “Ultimate parent company”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£17.5m

Growth ▲56.2%

Profit

£2.6m

Growth ▲47.3%

Profit margin

14.9%

Gross 24.2%

Employees

Change ▲11.1%

Profit / employee

£260k

Revenue/employee £1.8m

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 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)	£30.1m	£12.5m	£11.2m	£17.5m
Cost of sales	£27.8m	£8.4m	£8.1m	£13.3m
Gross profit	£2.3m	£4.1m	£3.2m	£4.2m
Operating profit	£1.5m	£3.1m	£2.4m	£3.5m
Profit before tax	£1.5m	£3.1m	£2.3m	£3.5m
Profit after tax	£1.2m	£2.3m	£1.8m	£2.6m
Profit (best available)	£1.2m	£2.3m	£1.8m	£2.6m
Staff costs	£490k	£456k	£412k	£428k
Employees (average)	12	12	9	10
Ratios
Profit margin	4.1%	18.6%	15.8%	14.9%
Gross margin	7.7%	32.7%	28.1%	24.2%
Revenue per employee	£2.5m	£1m	£1.2m	£1.8m
Profit per employee	£103k	£195k	£196k	£260k
Growth (year on year)
Revenue growth	—	▼58.4%	▼10.5%	▲56.2%
Profit growth	—	▲89.3%	▼24.3%	▲47.3%
Headcount growth	—	0%	▼25%	▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£624k	£293k	£466k	£183k
Net assets	£1m	£1.4m	£1.6m	£1.9m
Fixed assets	£79.9k	£44k	£28.3k	£22.4k
Current assets	£15.3m	£11.9m	£12.3m	£12.5m
Debtors	£2m	£294k	£1.4m	£1.8m
Deferred income	£28.6k	£29.7k	£30.3k	£38.2k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 14.9%; Profit ÷ revenue.
Gross margin: 24.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.8m; Revenue ÷ average employees.
Profit per employee: £260k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; 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: 10.1%; 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: ▲19%; Now £1.9m
Cash at bank: ▼61%; Now £183k
Headcount: ▲11%; Now 10
Deferred income: ▲26%; Now £38.2k
Fixed assets: ▼21%; Now £22.4k

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

Ownership chain

E Terry Group Limitedultimate parent75–100%
E Terry Groundworks Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

E Terry Plant Hire LimitedFigures not disclosed
E Terry Stabilisation LimitedFigures not disclosed
Tandou LimitedFigures not disclosed

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 Dec 2025 (profit £2.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 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.