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Company No. 07138844 · Incorporated 28 Jan 2010

Deep Contractors Ltd

Registered name: DEEP CONTRACTORS LTD

Part of Deep Group London Ltd group

Deep Contractors Ltd made £52.1m revenue and £1.2m profit in the year to 31 Jan 2025. read from filing text

Deep Contractors Ltd’s revenue grew 71% to £52.1m in the year to 31 Jan 2025, with £1.2m profit and 18 employees. The company is classified under “other specialised construction activities” and is based in Uxbridge; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Uxbridge, London
Age
16 yrs · since 2010
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: “The ultimate controlling party is D S Parthipan, the director of the company.”

Latest accounts · year to 31 Jan 2025

Key figures

Capital-lightDoing more with lessBoring industryCash flow filed
Revenue
£52.1m
Growth ▲70.9%
Profit
£1.2m
Growth ▼15.1%
Profit margin
2.4%
Gross 8.6%
Employees
18
Change ▼5.3%
Profit / employee
£68k
Revenue/employee £2.9m
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202331 Jan 202431 Jan 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£27.3m£30.5m£52.1m
Cost of sales£24.2m£25.8m£47.6m
Gross profit£3m£4.7m£4.5m
Operating profit£694k£1.9m£1.7m
Profit before tax£592k£1.8m£1.7m
Profit after tax£577k£1.4m£1.2m
Profit (best available)£577k£1.4m£1.2m
Staff costs£720k£701k£756k
Employees (average)181918
Ratios
Profit margin2.1%4.7%2.4%
Gross margin11.1%15.3%8.6%
Revenue per employee£1.5m£1.6m£2.9m
Profit per employee£32.1k£75.8k£68k
Cash conversion—−102%−52%
Growth (year on year)
Revenue growth—▲11.8%▲70.9%
Profit growth—▲149.8%▼15.1%
Headcount growth—▲5.6%▼5.3%
Balance sheet — indirect signals, not revenue
Cash at bank£2.9m£3.8m£2.9m
Net assets£5.7m£7.2m£7.8m
Fixed assets£445k£702k£649k
Current assets£12.4m£14.6m£17.5m
Debtors£3.7m£4.5m£6.3m
Deferred income£692k£1m£462k
Cash from operations—−£2m−£895k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
2.4%
Profit ÷ revenue.
Gross margin
8.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2.9m
Revenue ÷ average employees.
Profit per employee
£68k
Profit ÷ average employees.
Cash conversion
−52%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.1%
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
▲9%
Now £7.8m
Cash at bank
▼24%
Now £2.9m
Headcount
▼5%
Now 18
Deferred income
▼55%
Now £462k
Fixed assets
▼8%
Now £649k

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

  1. Deep Group London Ltdultimate parent75–100%
  2. Deep Contractors Ltdthis company

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

Sister companies (8)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £1.2m), from the Companies House accounts bulk data published Oct 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.