How much does Hadden Construction Limited make?

Hadden Construction Limited reported revenue of £30.2m and £230k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Hadden Construction Limited have?

Hadden Construction Limited reported an average of 86 employees in the year to 31 Mar 2023.

Is Hadden Construction Limited profitable?

Yes — Hadden Construction Limited reported a profit of £230k in the year to 31 Mar 2023.

Company No. SC141875 · Incorporated 21 Dec 1992

Hadden Construction Limited

Registered name: HADDEN CONSTRUCTION LIMITED

Part of Hadden Construction Holdings Limited group

Hadden Construction Limited made £30.2m revenue and £230k profit in the year to 31 Mar 2023. read from filing text

Hadden Construction Limited’s revenue fell 6% to £30.2m in the year to 31 Mar 2023, with £230k profit and 86 employees. The company is classified under “development of building projects” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 41201Construction of commercial buildings SIC 41202Construction of domestic buildings

Status: In Administration
Location: Glasgow, Scotland
Age: 33 yrs · since 1992
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 2023

Key figures

Capital-light

Revenue

£30.2m

Growth ▼6.5%

Profit

£230k

Growth ▼62%

Profit margin

0.8%

Gross 13.2%

Employees

Change ▼4.4%

Profit / employee

£2.7k

Revenue/employee £352k

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 to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£32.3m	£30.2m
Cost of sales	£28.2m	£26.3m
Gross profit	£4.2m	£4m
Operating profit	£745k	£344k
Profit before tax	£684k	£261k
Profit after tax	£606k	£230k
Profit (best available)	£606k	£230k
Staff costs	£4.7m	£5m
Employees (average)	90	86
Ratios
Profit margin	1.9%	0.8%
Gross margin	12.9%	13.2%
Revenue per employee	£359k	£352k
Profit per employee	£6.7k	£2.7k
Cash conversion	59.7%	—
Growth (year on year)
Revenue growth	—	▼6.5%
Profit growth	—	▼62%
Headcount growth	—	▼4.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£265k
Net assets	£3.3m	£3.5m
Fixed assets	£1.4m	£1.3m
Current assets	£9.6m	£9.6m
Debtors	£594k	£544k
Deferred income	£3.8m	£3.9m
Cash from operations	£444k	—
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 13.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £352k; Revenue ÷ average employees.
Profit per employee: £2.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 12.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.8%; 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: ▲7%; Now £3.5m
Cash at bank: ▼78%; Now £265k
Headcount: ▼4%; Now 86
Deferred income: ▲1%; Now £3.9m
Fixed assets: ▼7%; Now £1.3m

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

Hadden Construction Holdings Limitedultimate parent50–75%
Hadden Construction Limitedthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £230k), from the Companies House accounts bulk data published Mar 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.