How much does Paul Connan Limited make?

Paul Connan Limited reported revenue of £26.4m and £294k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Paul Connan Limited have?

Paul Connan Limited reported an average of 606 employees in the year to 31 Dec 2025.

Is Paul Connan Limited profitable?

Yes — Paul Connan Limited reported a profit of £294k in the year to 31 Dec 2025.

Company No. NI043593 · Incorporated 2 Jul 2002

Paul Connan Limited

Registered name: PAUL CONNAN LIMITED

Paul Connan Limited made £26.4m revenue and £294k profit in the year to 31 Dec 2025.

Paul Connan Limited’s revenue grew 7% to £26.4m in the year to 31 Dec 2025, with £294k profit and 606 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

Status: Active
Location: Belfast, Northern Ireland
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverageDoing more with lessCash flow filed

Revenue

£26.4m

Growth ▲6.6%

Profit

£294k

Growth ▲68.7%

Profit margin

1.1%

Gross 67.2%

Employees

606

Change ▼3.8%

Profit / employee

£486

Revenue/employee £43.6k

Profitable streak

3yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.4m	£25.6m	£24.8m	£26.4m
Cost of sales	£6m	£9.2m	£8.5m	£8.7m
Gross profit	£10.4m	£16.4m	£16.3m	£17.8m
Operating profit	£40.6k	£899k	£255k	£389k
Profit before tax	£44.9k	£898k	£315k	£449k
Profit after tax	−£82.2k	£678k	£175k	£294k
Profit (best available)	−£82.2k	£678k	£175k	£294k
Staff costs	£4.8m	£7.3m	£7.3m	£7.7m
Employees (average)	604	645	630	606
Ratios
Profit margin	−0.5%	2.6%	0.7%	1.1%
Gross margin	63.5%	64%	65.8%	67.2%
Revenue per employee	£27.2k	£39.7k	£39.3k	£43.6k
Profit per employee	−£136	£1.1k	£277	£486
Cash conversion	4603%	74.1%	356.3%	346.1%
Growth (year on year)
Revenue growth	—	▲56.1%	▼3.4%	▲6.6%
Profit growth	—	—	▼74.3%	▲68.7%
Headcount growth	—	▲6.8%	▼2.3%	▼3.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.1m	£3.5m	£3.9m	£5m
Net assets	£6.4m	£6.8m	£6.8m	£6.9m
Fixed assets	£5.4m	£4.9m	£4.6m	£4m
Current assets	£3.8m	£4.2m	£4.6m	£5.6m
Debtors	£645k	£595k	£567k	£527k
Deferred income	£605k	£635k	£658k	£1.3m
Cash from operations	£1.9m	£666k	£907k	£1.3m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 67.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £43.6k; Revenue ÷ average employees.
Profit per employee: £486; Profit ÷ average employees.
Cash conversion: 346.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; 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: ▲1%; Now £6.9m
Cash at bank: ▲28%; Now £5m
Headcount: ▼4%; Now 606
Deferred income: ▲97%; Now £1.3m
Fixed assets: ▼13%; Now £4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £294k), from the Companies House accounts bulk data published Sep 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.