Redpath Construction Limited
Registered name: REDPATH CONSTRUCTION LIMITED
Redpath Construction Limited made £11.1m revenue and £373k profit in the year to 31 May 2025.
Redpath Construction Limited’s revenue fell 15% to £11.1m in the year to 31 May 2025, with £373k profit and 34 employees. The company is classified under “construction of commercial buildings” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 18 yrs · since 2008
- 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. From the filing: “no one controlling party.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.1m | £13m | £11.1m |
| Cost of sales | £15.4m | £10.8m | £9.1m |
| Gross profit | £1.7m | £2.2m | £2m |
| Operating profit | £381k | £654k | £478k |
| Profit before tax | £362k | £673k | £494k |
| Profit after tax | £289k | £506k | £373k |
| Profit (best available) | £289k | £506k | £373k |
| Staff costs | £820k | £1m | — |
| Employees (average) | 31 | 34 | 34 |
| Ratios | |||
| Profit margin | 1.7% | 3.9% | 3.4% |
| Gross margin | 9.8% | 16.9% | 18% |
| Revenue per employee | £550k | £383k | £326k |
| Profit per employee | £9.3k | £14.9k | £11k |
| Cash conversion | −543% | 36.4% | 253.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▼23.5% | ▼15% |
| Profit growth | — | ▲74.9% | ▼26.3% |
| Headcount growth | — | ▲9.7% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2m | £1.7m | £596k |
| Net assets | £970k | £1.4m | £1.8m |
| Fixed assets | £64.4k | £44.5k | £36.7k |
| Current assets | £8.1m | £7.4m | £6.7m |
| Debtors | £2.4m | £2.9m | £1.2m |
| Deferred income | £0 | £570k | £0 |
| Cash from operations | −£2.1m | £238k | £1.2m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 3.4%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £326k
- Revenue ÷ average employees.
- Profit per employee
- £11k
- Profit ÷ average employees.
- Cash conversion
- 253.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11%
- 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
- ▲26%
- Now £1.8m
- Cash at bank
- ▼65%
- Now £596k
- Headcount
- 0%
- Now 34
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼18%
- Now £36.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- Collins Design and Build LimitedPontrilas · Construction of commercial buildings
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- Ark Build PLCLoughton · Construction of commercial buildings
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- Profit
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- Gordon Mitchell (Contractors) LimitedEdinburgh · Construction of commercial buildings
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- Wright Build Ltd.Preston · Construction of commercial buildings
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- Premcrete LimitedAndover · Construction of commercial buildings
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £373k), from the Companies House accounts bulk data published Feb 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.