Contechs Group Limited
Registered name: CONTECHS GROUP LIMITED
Contechs Group Limited made £59.1m revenue and £799k profit in the year to 31 Dec 2023. read from filing text
Contechs Group Limited’s revenue grew 17% to £59.1m in the year to 31 Dec 2023, with £799k profit and 174 employees. The company is classified under “activities of other holding companies” and is based in Basildon; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Basildon, East of England
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £50.4m | £59.1m |
| Cost of sales | £40.1m | £47.5m |
| Gross profit | £10.2m | £11.7m |
| Operating profit | £2.8m | £1.7m |
| Profit before tax | £2.2m | £1.1m |
| Profit after tax | £1.7m | £799k |
| Profit (best available) | £1.7m | £799k |
| Employees (average) | 192 | 174 |
| Ratios | ||
| Profit margin | 3.3% | 1.4% |
| Gross margin | 20.3% | 19.7% |
| Revenue per employee | £262k | £340k |
| Profit per employee | £8.7k | £4.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲17.4% |
| Profit growth | — | ▼51.9% |
| Headcount growth | — | ▼9.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £100 | £7.1k |
| Net assets | £100 | £19.6k |
| Fixed assets | £0 | £1.2m |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 1.4%
- Profit ÷ revenue.
- Gross margin
- 19.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £340k
- Revenue ÷ average employees.
- Profit per employee
- £4.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- 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
- ▲19524%
- Now £19.6k
- Cash at bank
- ▲6958%
- Now £7.1k
- Headcount
- ▼9%
- Now 174
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £1.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Contechs Group Holdings LimitedRev. £59.1m · Profit £873k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £799k), from the Companies House accounts bulk data published Nov 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.