How much does White Horse Contractors Limited make?

White Horse Contractors Limited reported revenue of £15.4m and £808k profit in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does White Horse Contractors Limited have?

White Horse Contractors Limited reported an average of 45 employees in the year to 31 Oct 2024.

Is White Horse Contractors Limited profitable?

Yes — White Horse Contractors Limited reported a profit of £808k in the year to 31 Oct 2024.

Company No. 11838608 · Incorporated 20 Feb 2019

White Horse Contractors Limited

Registered name: WHITE HORSE CONTRACTORS LIMITED

Part of Damiline Ltd group

White Horse Contractors Limited made £15.4m revenue and £808k profit in the year to 31 Oct 2024.

White Horse Contractors Limited’s revenue grew 18% to £15.4m in the year to 31 Oct 2024, with £808k profit and 45 employees. The company is classified under “construction of other civil engineering projects” and is based in Newbury; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Newbury, South East
Age: 7 yrs · since 2019
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.

Latest accounts · year to 31 Oct 2024

Key figures

Capital-light

Revenue

£15.4m

Growth ▲17.7%

Profit

£808k

Growth ▲12.6%

Profit margin

5.2%

Gross 24.4%

Employees

Change ▲9.8%

Profit / employee

£18k

Revenue/employee £343k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.5m	£13.1m	£15.4m
Cost of sales	£13.5m	£9.8m	£11.7m
Gross profit	£4m	£3.3m	£3.8m
Operating profit	£1.3m	£1m	£1.1m
Profit before tax	£1.3m	£955k	£1.1m
Profit after tax	£1m	£718k	£808k
Profit (best available)	£1m	£718k	£808k
Staff costs	£2.4m	£2.4m	£3.2m
Employees (average)	39	41	45
Ratios
Profit margin	6%	5.5%	5.2%
Gross margin	22.9%	25.5%	24.4%
Revenue per employee	£448k	£320k	£343k
Profit per employee	£26.9k	£17.5k	£18k
Growth (year on year)
Revenue growth	—	▼25%	▲17.7%
Profit growth	—	▼31.6%	▲12.6%
Headcount growth	—	▲5.1%	▲9.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£645k	£262k	£1.5m
Net assets	£1.8m	£2.2m	£2.9m
Fixed assets	£1.6m	£1.5m	£1.5m
Current assets	£4.1m	£4m	£4.5m
Debtors	£1.9m	£2m	£1.5m
Deferred income	£573k	£1.3m	£1m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: 5.2%; Profit ÷ revenue.
Gross margin: 24.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £343k; Revenue ÷ average employees.
Profit per employee: £18k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10%; 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: ▲33%; Now £2.9m
Cash at bank: ▲460%; Now £1.5m
Headcount: ▲10%; Now 45
Deferred income: ▼25%; Now £1m
Fixed assets: ▲3%; Now £1.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Damiline Ltdultimate parent75–100%
The Slatter Group Limited75–100%
White Horse Contractors Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

S & C Slatter LimitedRev. £40.5m · Profit £2.6m
White Horse Contractors (Northern) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £808k), from the Companies House accounts bulk data published Apr 2025. 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.