Ess Gravitec Construction Ltd
Registered name: ESS GRAVITEC CONSTRUCTION LTD
Ess Gravitec Construction Ltd made £4.4m revenue and £13.5k profit in the year to 31 May 2023.
Ess Gravitec Construction Ltd’s revenue grew 74% to £4.4m in the year to 31 May 2023, with £13.5k profit and 4 employees. The company is classified under “construction of commercial buildings” and is based in Leicester; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Leicester, East Midlands
- Age
- 9 yrs · since 2017
- 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 May 2022 | 31 May 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.5m | £4.4m |
| Cost of sales | £2.1m | £3.6m |
| Gross profit | £470k | £779k |
| Operating profit | £24.3k | £13.5k |
| Profit before tax | £17.9k | £13.5k |
| Profit after tax | £17.9k | £13.5k |
| Profit (best available) | £17.9k | £13.5k |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | 0.7% | 0.3% |
| Gross margin | 18.5% | 17.6% |
| Revenue per employee | £637k | £1.1m |
| Profit per employee | £4.5k | £3.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲73.7% |
| Profit growth | — | ▼24.9% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £73.4k | £67k |
| Net assets | £30.4k | £44k |
| Fixed assets | £440k | £371k |
| Current assets | £721k | £616k |
| Debtors | £349k | £426k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- 17.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £3.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.6%
- 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
- ▲45%
- Now £44k
- Cash at bank
- ▼9%
- Now £67k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼16%
- Now £371k
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Sources
Latest figures from FullAccounts for the year to 31 May 2023 (profit £13.5k), from the Companies House accounts bulk data published Apr 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.