Insulated Construction Group Limited
Registered name: INSULATED CONSTRUCTION GROUP LIMITED
Part of S & W (Group) Holdco 2026 Limited groupInsulated Construction Group Limited made £2m revenue and £131k profit in the year to 31 Dec 2025.
Insulated Construction Group Limited’s revenue fell 38% to £2m in the year to 31 Dec 2025, with £131k profit and 4 employees. The company is classified under “other specialised construction activities” and is based in March; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- March, East of England
- Age
- 7 yrs · since 2018
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £2.1m | £3.4m | £3.2m | £2m |
| Cost of sales | £1.7m | £2.5m | £2.7m | £1.7m |
| Gross profit | £390k | £942k | £524k | £272k |
| Operating profit | — | — | £408k | £168k |
| Profit before tax | £298k | £844k | £408k | £175k |
| Profit after tax | £239k | £644k | £304k | £131k |
| Profit (best available) | £239k | £644k | £304k | £131k |
| Employees (average) | 2 | 2 | 4 | 4 |
| Ratios | ||||
| Profit margin | 11.6% | 18.7% | 9.5% | 6.6% |
| Gross margin | 18.9% | 27.4% | 16.4% | 13.7% |
| Revenue per employee | £1m | £1.7m | £800k | £496k |
| Profit per employee | £120k | £322k | £76.1k | £32.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲66.2% | ▼6.9% | ▼38% |
| Profit growth | — | ▲169.3% | ▼52.7% | ▼57% |
| Headcount growth | — | 0% | ▲100% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £466k | £437k | £167k | £436k |
| Net assets | £426k | £470k | £524k | £555k |
| Fixed assets | £35.2k | £56.6k | £64.5k | £48.4k |
| Current assets | £857k | £869k | £625k | £540k |
| Debtors | £301k | £368k | £404k | £44.7k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 13.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £496k
- Revenue ÷ average employees.
- Profit per employee
- £32.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.3%
- 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
- ▲6%
- Now £555k
- Cash at bank
- ▲162%
- Now £436k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £48.4k
Group structure
Ownership chain
- S & W (Group) Holdco 2026 Limitedultimate parent75–100%
- S & W (Group) Limited75–100%
- Insulated Construction Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- S & W Process Engineering 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 31 Dec 2025 (profit £131k), from the Companies House accounts bulk data published Sep 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.