Waveney Surfacing Limited
Registered name: WAVENEY SURFACING LIMITED
Part of Waveney Commercial Properties Limited groupWaveney Surfacing Limited made £13m revenue and £766k profit in the year to 31 Mar 2025.
Waveney Surfacing Limited’s revenue grew 8% to £13m in the year to 31 Mar 2025, with £766k profit and 37 employees. The company is classified under “construction of roads and motorways” and is based in Bungay; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bungay
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.3m | £12m | £13m |
| Cost of sales | −£9.6m | −£9.1m | −£9.8m |
| Gross profit | £2.7m | £2.9m | £3.2m |
| Operating profit | £978k | £1.2m | £934k |
| Profit before tax | £987k | £1.2m | £966k |
| Profit after tax | £841k | £931k | £766k |
| Profit (best available) | £841k | £931k | £766k |
| Employees (average) | 36 | 36 | 37 |
| Ratios | |||
| Profit margin | 6.9% | 7.8% | 5.9% |
| Gross margin | 22% | 24% | 24.4% |
| Revenue per employee | £340k | £334k | £350k |
| Profit per employee | £23.4k | £25.9k | £20.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2% | ▲7.9% |
| Profit growth | — | ▲10.7% | ▼17.8% |
| Headcount growth | — | 0% | ▲2.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 24.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £350k
- Revenue ÷ average employees.
- Profit per employee
- £20.7k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲3%
- Now 37
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Waveney Commercial Properties Limitedultimate parent75–100%
- Waveney Surfacing 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).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £766k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 19 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.