O'Hanlon & Farrell Contracts Ltd
Registered name: O'HANLON & FARRELL CONTRACTS LTD
Part of O'Hanlon & Farrell Holdings Ltd groupO'Hanlon & Farrell Contracts Ltd made £11.1m revenue and £986k profit in the year to 30 Nov 2024.
O'Hanlon & Farrell Contracts Ltd’s revenue fell 40% to £11.1m in the year to 30 Nov 2024, with £986k profit and 38 employees. The company is classified under “construction of domestic buildings” and is based in Newry; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newry, Northern Ireland
- Age
- 28 yrs · since 1997
- 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. From the filing: “O'Hanlon & Farrell Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18.4m | £11.1m |
| Cost of sales | £16.8m | £9.1m |
| Gross profit | £1.6m | £2m |
| Operating profit | £1m | £1.3m |
| Profit before tax | £1m | £1.3m |
| Profit after tax | £750k | £986k |
| Profit (best available) | £750k | £986k |
| Staff costs | £1.3m | £1.4m |
| Employees (average) | 38 | 38 |
| Ratios | ||
| Profit margin | 4.1% | 8.9% |
| Gross margin | 8.8% | 18.3% |
| Revenue per employee | £484k | £292k |
| Profit per employee | £19.7k | £26k |
| Cash conversion | 53.3% | 20% |
| Growth (year on year) | ||
| Revenue growth | — | ▼39.7% |
| Profit growth | — | ▲31.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.5m | £1.7m |
| Net assets | £3.3m | £4.3m |
| Fixed assets | £495k | £399k |
| Current assets | £7m | £8.9m |
| Debtors | £4.7m | £4.4m |
| Deferred income | £199k | £188k |
| Cash from operations | £540k | £267k |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 8.9%
- Profit ÷ revenue.
- Gross margin
- 18.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £292k
- Revenue ÷ average employees.
- Profit per employee
- £26k
- Profit ÷ average employees.
- Cash conversion
- 20%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 39.7%
- 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
- ▲30%
- Now £4.3m
- Cash at bank
- ▲19%
- Now £1.7m
- Headcount
- 0%
- Now 38
- Deferred income
- ▼5%
- Now £188k
- Fixed assets
- ▼19%
- Now £399k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- O'Hanlon & Farrell Holdings Ltd (registered outside the UK register)ultimate parent75–100%
- O'Hanlon & Farrell Contracts Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £986k), from the Companies House accounts bulk data published Oct 2025. 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.