Churngold Construction Group Limited
Registered name: CHURNGOLD CONSTRUCTION GROUP LIMITED
Part of Churngold Holdings Limited groupChurngold Construction Group Limited made £61.4m revenue and £1.2m profit in the year to 31 May 2024.
Churngold Construction Group Limited’s revenue grew 86% to £61.4m in the year to 31 May 2024, with £1.2m profit and 152 employees. The company is classified under “activities of construction holding companies” and is based in Hallen; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hallen, South West
- Age
- 4 yrs · since 2022
- 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.
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. From the filing: “Churngold Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £33m | £61.4m |
| Cost of sales | £28.3m | £55.1m |
| Gross profit | £4.7m | £6.3m |
| Operating profit | £1.7m | £2.4m |
| Profit before tax | £1.7m | £2.4m |
| Profit after tax | £1.5m | £1.2m |
| Profit (best available) | £1.5m | £1.2m |
| Staff costs | £7.5m | £9.7m |
| Employees (average) | 137 | 152 |
| Ratios | ||
| Profit margin | 4.7% | 1.9% |
| Gross margin | 14.3% | 10.3% |
| Revenue per employee | £241k | £404k |
| Profit per employee | £11.3k | £7.9k |
| Cash conversion | 186.3% | 178.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲85.8% |
| Profit growth | — | ▼22.4% |
| Headcount growth | — | ▲10.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £6.6m | £11.3m |
| Net assets | £2.1m | £2.9m |
| Fixed assets | £2.1m | £3m |
| Current assets | £12.1m | £24.5m |
| Debtors | £1.3m | £2.7m |
| Cash from operations | £3.2m | £4.2m |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- 10.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £404k
- Revenue ÷ average employees.
- Profit per employee
- £7.9k
- Profit ÷ average employees.
- Cash conversion
- 178.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.4%
- 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
- ▲37%
- Now £2.9m
- Cash at bank
- ▲73%
- Now £11.3m
- Headcount
- ▲11%
- Now 152
- Deferred income
- —
- Now —
- Fixed assets
- ▲38%
- Now £3m
Group structure
Ownership chain
- Churngold Holdings Limitedultimate parent75–100%
- Churngold Construction Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Churngold Construction Holdings LimitedRev. £0 · Profit £1.2m
Sister companies (1)
- Churngold Ebt Trustee LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2024 (profit £1.2m), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.