How much does C. Spratt Multiutility Ltd make?

C. Spratt Multiutility Ltd reported revenue of £10.2m and £1.1m profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does C. Spratt Multiutility Ltd have?

C. Spratt Multiutility Ltd reported an average of 39 employees in the year to 30 Nov 2024.

Is C. Spratt Multiutility Ltd profitable?

Yes — C. Spratt Multiutility Ltd reported a profit of £1.1m in the year to 30 Nov 2024.

Company No. SC330796 · Incorporated 12 Sep 2007

C. Spratt Multiutility Ltd

Registered name: C. SPRATT MULTIUTILITY LTD

Part of CS Group Holdings Ltd group

C. Spratt Multiutility Ltd made £10.2m revenue and £1.1m profit in the year to 30 Nov 2024. read from filing text

C. Spratt Multiutility Ltd’s revenue fell 19% to £10.2m in the year to 30 Nov 2024, with £1.1m profit and 39 employees. The company is classified under “construction of other civil engineering projects” and is based in Glasgow; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Glasgow, Scotland
Age: 19 yrs · since 2007
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 30 Nov 2024

Key figures

Cash flow filed

Revenue

£10.2m

Growth ▼18.8%

Profit

£1.1m

Growth ▼66.9%

Profit margin

10.8%

Gross 21.7%

Employees

Change ▼9.3%

Profit / employee

£28.4k

Revenue/employee £263k

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	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.6m	£12.6m	£10.2m
Cost of sales	£7.1m	£7.7m	£8m
Gross profit	£5.5m	£4.9m	£2.2m
Operating profit	£4.9m	£4.4m	£1.4m
Profit before tax	£4.9m	£4.4m	£1.5m
Profit after tax	£4m	£3.3m	£1.1m
Profit (best available)	£4m	£3.3m	£1.1m
Staff costs	£2.5m	£2.7m	£2.7m
Employees (average)	43	43	39
Ratios
Profit margin	31.7%	26.5%	10.8%
Gross margin	43.9%	39%	21.7%
Revenue per employee	£293k	£294k	£263k
Profit per employee	£93k	£77.9k	£28.4k
Cash conversion	−110.8%	−87.9%	−198.8%
Growth (year on year)
Revenue growth	—	▲0.1%	▼18.8%
Profit growth	—	▼16.3%	▼66.9%
Headcount growth	—	0%	▼9.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£1.8m	£1.9m
Net assets	£2.8m	£3.8m	£3.5m
Fixed assets	£1.4m	£2.1m	£2.2m
Current assets	£5m	£3.6m	£3.5m
Debtors	£963k	£740k	£1m
Deferred income	£52.1k	£40.8k	£54.2k
Cash from operations	−£5.5m	−£3.8m	−£2.8m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 10.8%; Profit ÷ revenue.
Gross margin: 21.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £263k; Revenue ÷ average employees.
Profit per employee: £28.4k; Profit ÷ average employees.
Cash conversion: −198.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.9%; 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: ▼8%; Now £3.5m
Cash at bank: ▲6%; Now £1.9m
Headcount: ▼9%; Now 39
Deferred income: ▲33%; Now £54.2k
Fixed assets: ▲4%; Now £2.2m

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

CS Group Holdings Ltdultimate parent75–100%
C. Spratt Multiutility Ltdthis 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 30 Nov 2024 (profit £1.1m), from the Companies House accounts bulk data published Aug 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.