Stephenson Construction (North) Limited
Registered name: STEPHENSON CONSTRUCTION (NORTH) LIMITED
Stephenson Construction (North) Limited made £11.7m revenue and £484k profit in the year to 30 Sep 2024. read from filing text
Stephenson Construction (North) Limited’s revenue fell 26% to £11.7m in the year to 30 Sep 2024, with £484k profit and 0 employees. The company is classified under “other specialised construction activities” and is based in Horsham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Horsham, South East
- Age
- 19 yrs · since 2007
- 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: “The immediate and ultimate parent undertaking is M R Stephenson Limited, a company incorporated in England & Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £27.9m | £15.7m | £11.7m |
| Cost of sales | £23.8m | £13.3m | £9.5m |
| Gross profit | £4.1m | £2.4m | £2.1m |
| Operating profit | £2.3m | £787k | — |
| Profit before tax | £2.3m | £787k | £666k |
| Profit after tax | £2.3m | £736k | £484k |
| Profit (best available) | £2.3m | £736k | £484k |
| Staff costs | — | £400k | £0 |
| Employees (average) | — | 2 | 0 |
| Ratios | |||
| Profit margin | 8.1% | 4.7% | 4.2% |
| Gross margin | 14.7% | 15.2% | 18.4% |
| Revenue per employee | — | £7.8m | — |
| Profit per employee | — | £368k | — |
| Cash conversion | −233.9% | −148.7% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼43.8% | ▼25.7% |
| Profit growth | — | ▼67.3% | ▼34.2% |
| Headcount growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1m | £1.1m | £1.1m |
| Net assets | £4.2m | £3.9m | £4.4m |
| Current assets | £9.9m | £8m | £7.3m |
| Debtors | £885k | £1.2m | £621k |
| Deferred income | £280k | £900k | £453k |
| Cash from operations | −£5.3m | −£1.2m | — |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 18.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.3%
- 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
- ▲12%
- Now £4.4m
- Cash at bank
- ▲2%
- Now £1.1m
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▼50%
- Now £453k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £484k), from the Companies House accounts bulk data published May 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.