Springfield Properties PLC
Registered name: SPRINGFIELD PROPERTIES PLC
Springfield Properties PLC made £244m revenue and £9.4m profit in the year to 31 May 2026.
Springfield Properties PLC’s revenue fell 13% to £244m in the year to 31 May 2026, with £9.4m profit and 614 employees. The company is classified under “construction of commercial buildings” and is based in Elgin; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Elgin, Scotland
- Age
- 70 yrs · since 1956
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2024 | 31 May 2025 | 31 May 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £267m | £281m | £244m |
| Cost of sales | −£223m | −£228m | −£204m |
| Gross profit | £43.4m | £52.1m | £40m |
| Operating profit | £17m | £24.2m | £14.8m |
| Profit before tax | £9.7m | £19m | £11.9m |
| Profit after tax | £7.5m | £14.1m | £9.4m |
| Profit (best available) | £7.5m | £14.1m | £9.4m |
| Employees (average) | 698 | 622 | 614 |
| Ratios | |||
| Profit margin | 2.8% | 5% | 3.9% |
| Gross margin | 16.3% | 18.6% | 16.4% |
| Revenue per employee | £382k | £451k | £397k |
| Profit per employee | £10.8k | £22.7k | £15.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.3% | ▼13.1% |
| Profit growth | — | ▲86.8% | ▼33.1% |
| Headcount growth | — | ▼10.9% | ▼1.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- 16.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £397k
- Revenue ÷ average employees.
- Profit per employee
- £15.3k
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼1%
- Now 614
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (9)
- Dawn Homes Holdings LimitedFigures not disclosed
- Glassgreen Hire LimitedFigures not disclosed
- Moray Firth Homes LLPFigures not disclosed
- SP Sub 2024 LimitedFigures not disclosed
- Springfield Group Sub 2026 LLPFigures not disclosed
- Springfield M&M Homes LimitedFigures not disclosed
- Springfield Timber Kit Systems LimitedFigures not disclosed
- Tulloch Homes Holdings LimitedFigures not disclosed
- Walker Group Springfield Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 May 2026 (profit £9.4m), from the Companies House accounts bulk data published Oct 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.