Carey London Limited
Registered name: CAREY LONDON LIMITED
Carey London Limited made £96.6m revenue and £4m profit in the year to 31 Jul 2025.
Carey London Limited’s revenue fell 14% to £96.6m in the year to 31 Jul 2025, with £4m profit and 22 employees. The company is classified under “construction of domestic buildings” and is based in ST. Albans; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- ST. Albans, East of England
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £49.8m | £81.2m | £112m | £96.6m |
| Cost of sales | £45.6m | £73.5m | £101m | £87m |
| Gross profit | £4.3m | £7.7m | £10.7m | £9.6m |
| Operating profit | £1.3m | £4.1m | £6m | £4.7m |
| Profit before tax | £1.3m | £4.1m | £6.2m | £5m |
| Profit after tax | £1.1m | £3.3m | £4.9m | £4m |
| Profit (best available) | £1.1m | £3.3m | £4.9m | £4m |
| Staff costs | £1.3m | £1.7m | £2.6m | £2.8m |
| Employees (average) | 19 | 21 | 22 | 22 |
| Ratios | ||||
| Profit margin | 2.2% | 4.1% | 4.4% | 4.1% |
| Gross margin | 8.6% | 9.4% | 9.6% | 10% |
| Revenue per employee | £2.6m | £3.9m | £5.1m | £4.4m |
| Profit per employee | £58.5k | £158k | £224k | £182k |
| Cash conversion | 396.5% | 193.9% | 181.7% | −21.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲62.9% | ▲38.2% | ▼13.9% |
| Profit growth | — | ▲198.8% | ▲48.6% | ▼19.1% |
| Headcount growth | — | ▲10.5% | ▲4.8% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.9m | £12.2m | £18.3m | £14.9m |
| Net assets | £20.2m | £22.9m | £26.8m | £29m |
| Fixed assets | £10.9m | £12m | £14m | £12.7m |
| Current assets | £24.5m | £36.7m | £51.2m | £44.2m |
| Debtors | £16.6m | £24.5m | £32.9m | £29.3m |
| Deferred income | £2.5m | £7.4m | £15.7m | £10m |
| Cash from operations | £5m | £7.9m | £10.9m | −£1m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 4.1%
- Profit ÷ revenue.
- Gross margin
- 10%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.4m
- Revenue ÷ average employees.
- Profit per employee
- £182k
- Profit ÷ average employees.
- Cash conversion
- −21.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 30.4%
- 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
- ▲8%
- Now £29m
- Cash at bank
- ▼19%
- Now £14.9m
- Headcount
- 0%
- Now 22
- Deferred income
- ▼36%
- Now £10m
- Fixed assets
- ▼10%
- Now £12.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Rowland Group LimitedStanifield Lane, Leyland · Construction of domestic buildings
- Revenue
- £97.6m
- Profit
- £10.1m
- Staff
- 90
- Buxted Construction LimitedNR Uckfield · Construction of domestic buildings
- Revenue
- £92.8m
- Profit
- £5.1m
- Staff
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- T & W Civil Engineering LimitedSheffield · Construction of domestic buildings
- Revenue
- £109m
- Profit
- £2.5m
- Staff
- 56
- Bancon Homes LimitedBanchory · Construction of domestic buildings
- Revenue
- £78.3m
- Profit
- £2.7k
- Staff
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- Jaysam Contractors LimitedMiddlesex · Construction of domestic buildings
- Revenue
- £77.9m
- Profit
- £4m
- Staff
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- Matthew Homes LimitedSt.albans · Construction of domestic buildings
- Revenue
- £75.3m
- Profit
- £3.9m
- Staff
- 51
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £4m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.