Ardmore Group Limited
Registered name: ARDMORE GROUP LIMITED
Part of Ardmore Group Holdings Ltd groupArdmore Group Limited made £346m revenue and a £42.3m loss in the year to 30 Sep 2024.
Ardmore Group Limited’s revenue fell 14% to £346m in the year to 30 Sep 2024, with a loss of £42.3m and 638 employees. The company is classified under “construction of commercial buildings” and is based in London; we hold 3 years of its filed accounts.
- Status
- Voluntary Arrangement
- Location
- London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £435m | £403m | £346m |
| Cost of sales | −£407m | −£396m | −£363m |
| Gross profit | £28.3m | £7.6m | −£17.6m |
| Operating profit | £6.5m | −£11.6m | −£43.1m |
| Profit before tax | £6.5m | −£10.8m | −£42.4m |
| Profit after tax | £5.1m | −£10.9m | −£42.3m |
| Profit (best available) | £5.1m | −£10.9m | −£42.3m |
| Employees (average) | 432 | 515 | 638 |
| Ratios | |||
| Profit margin | 1.2% | −2.7% | −12.2% |
| Gross margin | 6.5% | 1.9% | −5.1% |
| Revenue per employee | £1m | £783k | £542k |
| Profit per employee | £11.9k | −£21.1k | −£66.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.3% | ▼14.2% |
| Profit growth | — | ▼311% | — |
| Headcount growth | — | ▲19.2% | ▲23.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −12.2%
- Profit ÷ revenue.
- Gross margin
- −5.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £542k
- Revenue ÷ average employees.
- Profit per employee
- −£66.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲24%
- Now 638
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ardmore Group Holdings Ltdultimate parent75–100%
- Ardmore Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ardmore Construction Group LtdIn AdministrationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2024 (profit −£42.3m), from the Companies House accounts bulk data published Feb 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.