How much does Newtownstewart Construction U.K. Limited make?

Newtownstewart Construction U.K. Limited reported revenue of £12.8m and £312k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Newtownstewart Construction U.K. Limited have?

Newtownstewart Construction U.K. Limited reported an average of 26 employees in the year to 31 Mar 2024.

Is Newtownstewart Construction U.K. Limited profitable?

Yes — Newtownstewart Construction U.K. Limited reported a profit of £312k in the year to 31 Mar 2024.

Company No. NI644353 · Incorporated 6 Mar 2017

Newtownstewart Construction U.K. Limited

Registered name: NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED

Part of Ludden Construction Limited group

Newtownstewart Construction U.K. Limited made £12.8m revenue and £312k profit in the year to 31 Mar 2024.

Newtownstewart Construction U.K. Limited’s revenue fell 40% to £12.8m in the year to 31 Mar 2024, with £312k profit and 26 employees. The company is classified under “development of building projects” and is based in Londonderry; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: Londonderry, Northern Ireland
Age: 9 yrs · since 2017
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.

Latest accounts · year to 31 Mar 2024

Key figures

Capital-lightCash flow filed

Revenue

£12.8m

Growth ▼40.4%

Profit

£312k

Growth ▼51.5%

Profit margin

2.4%

Gross 16.6%

Employees

Change ▼7.1%

Profit / employee

£12k

Revenue/employee £492k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£21.5m	£12.8m
Cost of sales	—	£18.4m	£10.7m
Gross profit	—	£3.1m	£2.1m
Operating profit	—	£806k	£419k
Profit before tax	—	£804k	£417k
Profit after tax	£423k	£644k	£312k
Profit (best available)	£423k	£644k	£312k
Staff costs	—	£1m	£865k
Employees (average)	26	28	26
Ratios
Profit margin	—	3%	2.4%
Gross margin	—	14.4%	16.6%
Revenue per employee	—	£766k	£492k
Profit per employee	£16.3k	£23k	£12k
Cash conversion	—	62.7%	252.1%
Growth (year on year)
Revenue growth	—	—	▼40.4%
Profit growth	—	▲52.1%	▼51.5%
Headcount growth	—	▲7.7%	▼7.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.3m	£1.9m
Net assets	£2.1m	£2.1m	£2.3m
Fixed assets	£193k	£164k	£125k
Current assets	£7.3m	£8m	£6.6m
Debtors	£577k	£812k	£1m
Deferred income	—	£131k	£87.9k
Cash from operations	—	£506k	£1.1m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 16.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £492k; Revenue ÷ average employees.
Profit per employee: £12k; Profit ÷ average employees.
Cash conversion: 252.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.2%; 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: ▲9%; Now £2.3m
Cash at bank: ▲52%; Now £1.9m
Headcount: ▼7%; Now 26
Deferred income: ▼33%; Now £87.9k
Fixed assets: ▼24%; Now £125k

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

Corporate ownership

Group structure

Ownership chain

Ludden Construction Limitedultimate parent75–100%
Newtownstewart Construction U.K. Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Craig Construction & Civils LtdActive - Proposal to Strike offFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2024 (profit £312k), from the Companies House accounts bulk data published Dec 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.