How much does Ardmore Major Projects Ltd make?

Ardmore Major Projects Ltd reported revenue of £98.1m and a loss of £29.3m in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Ardmore Major Projects Ltd have?

Ardmore Major Projects Ltd reported an average of 107 employees in the year to 30 Sep 2024.

Is Ardmore Major Projects Ltd profitable?

No — Ardmore Major Projects Ltd reported a loss of £29.3m in the year to 30 Sep 2024.

Company No. 11940501 · Incorporated 11 Apr 2019

Ardmore Major Projects Ltd

Registered name: ARDMORE MAJOR PROJECTS LTD

Part of Ardmore Group Holdings Ltd group

Ardmore Major Projects Ltd made £98.1m revenue and a £29.3m loss in the year to 30 Sep 2024. read from filing text

Ardmore Major Projects Ltd’s revenue grew 66% to £98.1m in the year to 30 Sep 2024, with a loss of £29.3m and 107 employees. The company is classified under “construction of domestic buildings” and is based in Leigh-on-Sea; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings

Status: In Administration
Location: Leigh-on-Sea, East of England
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 30 Sep 2024

Key figures

Revenue

£98.1m

Growth ▲66.3%

Profit

−£29.3m

Growth —

Profit margin

−29.8%

Gross −24.4%

Employees

107

Change ▲72.6%

Profit / employee

−£273k

Revenue/employee £917k

Profitable streak

0yrs

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	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.9m	£59m	£98.1m
Cost of sales	£13.4m	£62.9m	£122m
Gross profit	£531k	−£3.9m	−£24m
Profit before tax	£34k	−£6m	−£29.3m
Profit after tax	£34k	−£5.3m	−£29.3m
Profit (best available)	£34k	−£5.3m	−£29.3m
Staff costs	£0	£670k	£7.1m
Employees (average)	2	62	107
Ratios
Profit margin	0.2%	−9%	−29.8%
Gross margin	3.8%	−6.6%	−24.4%
Revenue per employee	£7m	£951k	£917k
Profit per employee	£17k	−£85.9k	−£273k
Growth (year on year)
Revenue growth	—	▲324%	▲66.3%
Profit growth	—	▼15750%	—
Headcount growth	—	▲3000%	▲72.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.7m	£6.8m	£9.7m
Net assets	£390k	−£4.9m	−£34.2m
Current assets	£6.8m	£17.8m	£24.5m
Debtors	£421k	£4.5m	£9.5m
Deferred income	£234k	£4.4m	£16.4m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −29.8%; Profit ÷ revenue.
Gross margin: −24.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £917k; Revenue ÷ average employees.
Profit per employee: −£273k; 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: 16.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.7%; 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: —; Now −£34.2m
Cash at bank: ▲42%; Now £9.7m
Headcount: ▲73%; Now 107
Deferred income: ▲272%; Now £16.4m
Fixed assets: —; Now —

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

Ardmore Group Holdings Ltdultimate parent75–100%
Ardmore Group Limited75–100%
Ardmore Construction Group Ltd75–100%
Ardmore Major Projects Ltdthis company

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

Sister companies (4)

Ardmore Fitout LtdIn AdministrationFigures not disclosed
Ardmore Hotels & Commercial LtdIn AdministrationFigures not disclosed
Ardmore Regeneration LtdIn AdministrationFigures not disclosed
Landmark Facades LtdIn AdministrationFigures 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 30 Sep 2024 (profit −£29.3m), 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.