How much does Vidi Construction Ltd make?

Vidi Construction Ltd reported revenue of £39.5m and £488k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Vidi Construction Ltd have?

Vidi Construction Ltd reported an average of 40 employees in the year to 31 Mar 2023.

Is Vidi Construction Ltd profitable?

Yes — Vidi Construction Ltd reported a profit of £488k in the year to 31 Mar 2023.

Company No. 09961909 · Incorporated 20 Jan 2016

Vidi Construction Ltd

Registered name: VIDI CONSTRUCTION LTD

Vidi Construction Ltd made £39.5m revenue and £488k profit in the year to 31 Mar 2023.

Vidi Construction Ltd’s revenue grew 25% to £39.5m in the year to 31 Mar 2023, with £488k profit and 40 employees. The company is classified under “construction of domestic buildings” and is based in Bury; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings SIC 71111Architectural activities

Status: In Administration
Location: Bury, North West
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentCapital-lightCash flow filed

Revenue

£39.5m

Growth ▲25.3%

Profit

£488k

Growth ▲15.2%

Profit margin

1.2%

Gross 10.7%

Employees

Change ▲5.3%

Profit / employee

£12.2k

Revenue/employee £989k

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.6m	£39.5m
Cost of sales	£28.5m	£35.3m
Gross profit	£3.1m	£4.2m
Operating profit	£675k	£590k
Profit before tax	£646k	£520k
Profit after tax	£424k	£488k
Profit (best available)	£424k	£488k
Staff costs	£1.7m	£1.9m
Employees (average)	38	40
Ratios
Profit margin	1.3%	1.2%
Gross margin	9.8%	10.7%
Revenue per employee	£831k	£989k
Profit per employee	£11.2k	£12.2k
Cash conversion	−68.2%	−399.6%
Growth (year on year)
Revenue growth	—	▲25.3%
Profit growth	—	▲15.2%
Headcount growth	—	▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£796k	£1.4m
Net assets	£3.1m	£3.6m
Fixed assets	£1.7m	£2.3m
Current assets	£7.2m	£10.5m
Debtors	£5.4m	£6.4m
Cash from operations	−£460k	−£2.4m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 10.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £989k; Revenue ÷ average employees.
Profit per employee: £12.2k; Profit ÷ average employees.
Cash conversion: −399.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.1%; 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: ▲16%; Now £3.6m
Cash at bank: ▲81%; Now £1.4m
Headcount: ▲5%; Now 40
Deferred income: —; Now —
Fixed assets: ▲34%; Now £2.3m

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £488k), from the Companies House accounts bulk data published Mar 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.