Deep Contractors Ltd
Registered name: DEEP CONTRACTORS LTD
Part of Deep Group London Ltd groupDeep 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.
- 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 18 | 19 | 18 |
| Ratios | |||
| Profit margin | 2.1% | 4.7% | 2.4% |
| Gross margin | 11.1% | 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 |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
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.
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.
Group structure
Ownership chain
- Deep Group London Ltdultimate parent75–100%
- Deep Contractors Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Deep GRC London LtdRev. £12.3m · Profit £842k
- Deep Balconies LtdFigures not disclosed
- Deep Equity London LtdFigures not disclosed
- Deep GRC Plant Hire LtdFigures not disclosed
- Deep Living London LtdFigures not disclosed
- Deep Remedials LtdFigures not disclosed
- Deep Scaffolding LtdFigures not disclosed
- Deep Steelworks & Architectural LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.