How much does Correct Contract Services Limited make?

Correct Contract Services Limited reported revenue of £29m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Correct Contract Services Limited have?

Correct Contract Services Limited reported an average of 221 employees in the year to 31 Mar 2025.

Is Correct Contract Services Limited profitable?

Yes — Correct Contract Services Limited reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. 06368614 · Incorporated 12 Sep 2007

Correct Contract Services Limited

Registered name: CORRECT CONTRACT SERVICES LIMITED

Part of Bp Inv6 Topco Limited group

Correct Contract Services Limited made £29m revenue and £1.2m profit in the year to 31 Mar 2025.

Correct Contract Services Limited’s revenue grew 4% to £29m in the year to 31 Mar 2025, with £1.2m profit and 221 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Southampton; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Southampton, South East
Age: 19 yrs · since 2007
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industry

Revenue

£29m

Growth ▲4.3%

Profit

£1.2m

Growth ▼55.2%

Profit margin

Gross 35.6%

Employees

221

Change ▲37.3%

Profit / employee

£5.2k

Revenue/employee £131k

Profitable streak

3yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£18m	£27.8m	£29m
Cost of sales	—	£13.5m	£19m	£18.7m
Gross profit	—	£4.5m	£8.8m	£10.3m
Operating profit	—	£794k	£3.5m	£1.6m
Profit before tax	—	£748k	£3.5m	£1.6m
Profit after tax	—	£592k	£2.6m	£1.2m
Profit (best available)	—	£592k	£2.6m	£1.2m
Staff costs	—	£5m	£6.3m	£9m
Employees (average)	89	143	161	221
Ratios
Profit margin	—	3.3%	9.3%	4%
Gross margin	—	24.9%	31.6%	35.6%
Revenue per employee	—	£126k	£173k	£131k
Profit per employee	—	£4.1k	£16k	£5.2k
Growth (year on year)
Revenue growth	—	—	▲54.5%	▲4.3%
Profit growth	—	—	▲335.3%	▼55.2%
Headcount growth	—	▲60.7%	▲12.6%	▲37.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£341k	£783k	£1.1m	£1.1m
Net assets	£433k	£899k	£3.4m	£4.6m
Fixed assets	£455k	£539k	£508k	£916k
Current assets	£3.8m	£7.5m	£9.5m	£8.6m
Debtors	£2.3m	£4.8m	£6.7m	£4.9m
Deferred income	—	£2.6m	£1.5m	£1.4m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 35.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £131k; Revenue ÷ average employees.
Profit per employee: £5.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.7%; 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: ▲34%; Now £4.6m
Cash at bank: ▲6%; Now £1.1m
Headcount: ▲37%; Now 221
Deferred income: ▼7%; Now £1.4m
Fixed assets: ▲81%; Now £916k

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

Bp Inv6 Topco Limited (registered outside the UK register)ultimate parent75–100%
BP INV6 Bidco Limited75–100%
Cardo Group Limited75–100%
Correct Contract Services Limitedthis company

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

Sister companies (12)

Cardo (South) LimitedRev. £52.6m · Profit £818k
Trident Maintenance Services LtdRev. £37.9m · Profit £3m
Cardo (Wales & West) LimitedRev. £35.6m · Profit £1.1m
Ag Newco LimitedFigures not disclosed
Aspect Group Holdings LimitedRev. — · Profit £563k
Cardo (Scotland) Holdings LimitedFigures not disclosed
CTS Projects LimitedFigures not disclosed
Efs Systems (UK) LtdFigures not disclosed
Faskin Group LtdFigures not disclosed
Jefferies Holdings LimitedFigures not disclosed
Rluk Fire LtdFigures not disclosed
Tim O'Brien (Newport) 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 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 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.