How much does Glenlee Limited make?

Glenlee Limited reported revenue of £102m and £169k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Glenlee Limited have?

Glenlee Limited reported an average of 456 employees in the year to 31 Dec 2023.

Is Glenlee Limited profitable?

Yes — Glenlee Limited reported a profit of £169k in the year to 31 Dec 2023.

Company No. 08664042 · Incorporated 27 Aug 2013

Glenlee Limited

Registered name: GLENLEE LIMITED

Glenlee Limited made £102m revenue and £169k profit in the year to 31 Dec 2023. read from filing text

Glenlee Limited’s revenue was £102m in the year to 31 Dec 2023, with £169k profit and 456 employees. The company is classified under “construction of domestic buildings” and is based in Leigh-on-Sea; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings SIC 82990Other business support service activities n.e.c.

Status: Liquidation
Location: Leigh-on-Sea, East of England
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-lightCash flow filed

Revenue

£102m

Growth —

Profit

£169k

Growth —

Profit margin

0.2%

Gross 1.4%

Employees

456

Change —

Profit / employee

£370

Revenue/employee £223k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£125m	£102m
Cost of sales	£124m	£100m
Gross profit	£1.2m	£1.4m
Operating profit	£620k	£365k
Profit before tax	£620k	£281k
Profit after tax	£480k	£169k
Profit (best available)	£480k	£169k
Staff costs	£15.5m	£12.3m
Employees (average)	487	456
Ratios
Profit margin	0.4%	0.2%
Gross margin	1%	1.4%
Revenue per employee	£258k	£223k
Profit per employee	£986	£370
Cash conversion	180.3%	379.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£249k
Net assets	£342k	£511k
Fixed assets	£28.5k	£22.5k
Current assets	£7m	£6.1m
Debtors	£2.5m	£3.4m
Deferred income	£50k	£36.4k
Cash from operations	£1.1m	£1.4m
Source	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2025

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 1.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £223k; Revenue ÷ average employees.
Profit per employee: £370; Profit ÷ average employees.
Cash conversion: 379.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.4%; 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: —; Now £511k
Cash at bank: —; Now £249k
Headcount: —; Now 456
Deferred income: —; Now £36.4k
Fixed assets: —; Now £22.5k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £169k), from the Companies House accounts bulk data published Feb 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.