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Company No. 14841669 · Incorporated 2 May 2023

Basement Works Ltd

Registered name: BASEMENT WORKS LTD

Basement Works Ltd made £74.6k revenue and £4.6k profit in the year to 31 May 2025.

Basement Works Ltd’s revenue grew 40% to £74.6k in the year to 31 May 2025, with £4.6k profit and 1 employee. The company is classified under “other specialised construction activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active - Proposal to Strike off
Location
London, London
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamYoung and profitableOperating leverageDoing more with lessBoring industry
Revenue
£74.6k
Growth ▲39.8%
Profit
£4.6k
Growth ▲268%
Profit margin
6.1%
Gross 43.7%
Employees
1
Change ▼50%
Profit / employee
£4.6k
Revenue/employee £74.6k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202431 May 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£53.3k£74.6k
Cost of sales£35.2k£42k
Gross profit£18.1k£32.6k
Operating profit£1.2k£4.6k
Profit before tax£1.2k£4.6k
Profit after tax£1.2k£4.6k
Profit (best available)£1.2k£4.6k
Employees (average)21
Ratios
Profit margin2.3%6.1%
Gross margin34%43.7%
Revenue per employee£26.7k£74.6k
Profit per employee£620£4.6k
Growth (year on year)
Revenue growth—▲39.8%
Profit growth—▲268%
Headcount growth—▼50%
Balance sheet — indirect signals, not revenue
Net assets£85.3k£1
Fixed assets£65k—
Current assets£32k—
SourceFullAccounts · bulk data Jan 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
6.1%
Profit ÷ revenue.
Gross margin
43.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£74.6k
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
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▼100%
Now £1
Cash at bank
—
Now —
Headcount
▼50%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £4.6k), from the Companies House accounts bulk data published Apr 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.