Applebridge Construction Limited
Registered name: APPLEBRIDGE CONSTRUCTION LIMITED
Part of Dhic Ltd groupApplebridge Construction Limited made £82.9m revenue and £5.4m profit in the year to 30 Apr 2024.
Applebridge Construction Limited’s revenue grew 33% to £82.9m in the year to 30 Apr 2024, with £5.4m profit and 122 employees. The company is classified under “construction of other civil engineering projects” and is based in Middlesbrough; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Middlesbrough, North East
- Age
- 12 yrs · since 2013
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £62.5m | £82.9m |
| Cost of sales | £52.2m | £70.6m |
| Gross profit | £10.3m | £12.3m |
| Operating profit | £5.6m | £7.2m |
| Profit before tax | £5.4m | £7.2m |
| Profit after tax | £4.4m | £5.4m |
| Profit (best available) | £4.4m | £5.4m |
| Staff costs | £2.7m | £2.9m |
| Employees (average) | 168 | 122 |
| Ratios | ||
| Profit margin | 7% | 6.5% |
| Gross margin | 16.5% | 14.8% |
| Revenue per employee | £372k | £680k |
| Profit per employee | £26.2k | £44.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲32.7% |
| Profit growth | — | ▲22.9% |
| Headcount growth | — | ▼27.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £6.6m | £10.5m |
| Net assets | £10.8m | £14.8m |
| Fixed assets | £6.9m | £8m |
| Current assets | £19m | £30.4m |
| Debtors | £1.1m | £1.8m |
| Deferred income | £2m | £5.7m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- 14.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £680k
- Revenue ÷ average employees.
- Profit per employee
- £44.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.1%
- 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
- ▲37%
- Now £14.8m
- Cash at bank
- ▲58%
- Now £10.5m
- Headcount
- ▼27%
- Now 122
- Deferred income
- ▲183%
- Now £5.7m
- Fixed assets
- ▲15%
- Now £8m
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
- Dhic Ltdultimate parent75–100%
- Applebridge Family Limited75–100%
- Applebridge Construction Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- ZTL Contracting LtdRev. £19.5m · Profit £1.8m
- Tarcon LimitedRev. £65.5k · Profit −£133k
- A D Plant Hire Holdings LimitedFigures not disclosed
- A D Plant Hire LimitedFigures not disclosed
- Applebridge Building Services LimitedFigures not disclosed
- Applebridge Civils LimitedFigures not disclosed
- Applebridge Construction Holdings LimitedRev. — · Profit £1.4m
- Applebridge Geoenvironmental LtdFigures not disclosed
- Applebridge Group LimitedFigures not disclosed
- Applebridge LimitedFigures not disclosed
- Applebridge Utilities LimitedFigures 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 30 Apr 2024 (profit £5.4m), from the Companies House accounts bulk data published Dec 2024. 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.