How much does JPS Projects Limited make?

JPS Projects Limited reported revenue of £19.9m and £3.1m profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does JPS Projects Limited have?

JPS Projects Limited reported an average of 18 employees in the year to 30 Sep 2025.

Is JPS Projects Limited profitable?

Yes — JPS Projects Limited reported a profit of £3.1m in the year to 30 Sep 2025.

Company No. 07371417 · Incorporated 9 Sep 2010

JPS Projects Limited

Registered name: JPS PROJECTS LIMITED

Part of Cordovan Capital Management Limited group

JPS Projects Limited made £19.9m revenue and £3.1m profit in the year to 30 Sep 2025. read from filing text

JPS Projects Limited’s revenue was £19.9m in the year to 30 Sep 2025, with £3.1m profit and 18 employees. The company is classified under “construction of commercial buildings” and is based in Bolton; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Bolton, North West
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: “At 30 September 2025, JPS Projects Group Ltd was the immediate and ultimate parent undertaking of the company.”

Latest accounts · year to 30 Sep 2025

Key figures

Capital-lightDoing more with less

Revenue

£19.9m

Growth ▲0.4%

Profit

£3.1m

Growth ▼6.1%

Profit margin

15.6%

Gross 32.6%

Employees

Change ▼5.3%

Profit / employee

£172k

Revenue/employee £1.1m

Profitable streak

2yrs

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	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£19.9m	£19.9m
Cost of sales	—	—	£14.1m	£13.4m
Gross profit	—	—	£5.8m	£6.5m
Operating profit	—	—	£4.1m	£4.2m
Profit before tax	—	—	£4.1m	£4.2m
Profit after tax	—	—	£3.3m	£3.1m
Profit (best available)	—	—	£3.3m	£3.1m
Staff costs	—	—	£1m	£1.5m
Employees (average)	10	30	19	18
Ratios
Profit margin	—	—	16.7%	15.6%
Gross margin	—	—	29%	32.6%
Revenue per employee	—	—	£1m	£1.1m
Profit per employee	—	—	£174k	£172k
Growth (year on year)
Revenue growth	—	—	—	▲0.4%
Profit growth	—	—	—	▼6.1%
Headcount growth	—	▲200%	▼36.7%	▼5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£4.5m	£3.8m	£5.3m
Net assets	£1.1m	£3.5m	£6.1m	£7.7m
Fixed assets	£168k	£162k	£194k	£145k
Current assets	£3.4m	£8.8m	£9.8m	£11.8m
Debtors	£2m	£3m	£1.6m	£2m
Deferred income	—	—	£2.4m	£2.2m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Jun 2026	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 15.6%; Profit ÷ revenue.
Gross margin: 32.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.1m; Revenue ÷ average employees.
Profit per employee: £172k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; 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: ▲27%; Now £7.7m
Cash at bank: ▲37%; Now £5.3m
Headcount: ▼5%; Now 18
Deferred income: ▼10%; Now £2.2m
Fixed assets: ▼26%; Now £145k

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

Cordovan Capital Management Limitedultimate parent75–100%
Cordovan Capital Partners III GP LLP50–75%
Cordovan Acquisitions III Limited75–100%
JPS Projects Group Limited75–100%
JPS Projects Limitedthis company

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

Sister companies (1)

Kildare Developments LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £3.1m), from the Companies House accounts bulk data published Jun 2026. 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.