How much does Carney Contracts Limited make?

Carney Contracts Limited reported revenue of £14.1m and £219k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Carney Contracts Limited have?

Carney Contracts Limited reported an average of 112 employees in the year to 31 Mar 2025.

Is Carney Contracts Limited profitable?

Yes — Carney Contracts Limited reported a profit of £219k in the year to 31 Mar 2025.

Company No. SC281069 · Incorporated 4 Mar 2005

Carney Contracts Limited

Registered name: CARNEY CONTRACTS LIMITED

Carney Contracts Limited made £14.1m revenue and £219k profit in the year to 31 Mar 2025.

Carney Contracts Limited’s revenue grew 1% to £14.1m in the year to 31 Mar 2025, with £219k profit and 112 employees. The company is classified under “site preparation” and is based in Kilmarnock; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43120Site preparation

Status: Active
Location: Kilmarnock, Scotland
Age: 21 yrs · since 2005
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverageDoing more with lessCash flow filed

Revenue

£14.1m

Growth ▲0.9%

Profit

£219k

Growth ▲21.4%

Profit margin

1.6%

Gross 59.3%

Employees

112

Change ▼5.9%

Profit / employee

£2k

Revenue/employee £126k

Profitable streak

4yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.7m	£18.3m	£13.9m	£14.1m
Cost of sales	£6.7m	£7.9m	£5.4m	£5.7m
Gross profit	£9m	£10.4m	£8.6m	£8.3m
Operating profit	£1.1m	£551k	£548k	£402k
Profit before tax	£965k	£446k	£453k	£278k
Profit after tax	£923k	£341k	£180k	£219k
Profit (best available)	£923k	£341k	£180k	£219k
Staff costs	£5.8m	£6.9m	£6m	£5.9m
Employees (average)	142	156	119	112
Ratios
Profit margin	5.9%	1.9%	1.3%	1.6%
Gross margin	57.2%	57%	61.4%	59.3%
Revenue per employee	£110k	£118k	£117k	£126k
Profit per employee	£6.5k	£2.2k	£1.5k	£2k
Cash conversion	−163.8%	−124.9%	−137.3%	−296.7%
Growth (year on year)
Revenue growth	—	▲17%	▼24%	▲0.9%
Profit growth	—	▼63%	▼47.1%	▲21.4%
Headcount growth	—	▲9.9%	▼23.7%	▼5.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£1.7m	£1.1m	£1.6m
Net assets	£2.6m	£2.7m	£2.7m	£2.7m
Fixed assets	£3.8m	£3.7m	£3.5m	£3.3m
Current assets	£4.3m	£3.4m	£2.9m	£3.4m
Debtors	£449k	£377k	£343k	£289k
Cash from operations	−£1.7m	−£689k	−£753k	−£1.2m
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 59.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £126k; Revenue ÷ average employees.
Profit per employee: £2k; Profit ÷ average employees.
Cash conversion: −296.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 23.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.1%; 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 £2.7m
Cash at bank: ▲40%; Now £1.6m
Headcount: ▼6%; Now 112
Deferred income: —; Now —
Fixed assets: ▼6%; Now £3.3m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £219k), from the Companies House accounts bulk data published Oct 2025. 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.