Alpha Projects (Scotland) Ltd
Registered name: ALPHA PROJECTS (SCOTLAND) LTD
Part of Alpha Projects Eot Trustee Limited groupAlpha Projects (Scotland) Ltd made £17.5m revenue and £379k profit in the year to 31 Oct 2025.
Alpha Projects (Scotland) Ltd’s revenue grew 12% to £17.5m in the year to 31 Oct 2025, with £379k profit and 59 employees. The company is classified under “joinery installation” and is based in Dundee; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Dundee, Scotland
- Age
- 8 yrs · since 2017
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £15.7m | £17.5m |
| Cost of sales | — | — | £13.9m | £16.2m |
| Gross profit | — | — | £1.7m | £1.3m |
| Operating profit | — | — | £935k | £361k |
| Profit before tax | — | — | £850k | £474k |
| Profit after tax | — | £484k | £653k | £379k |
| Profit (best available) | — | £484k | £653k | £379k |
| Staff costs | — | — | £2.4m | £2.5m |
| Employees (average) | 47 | 53 | 60 | 59 |
| Ratios | ||||
| Profit margin | — | — | 4.2% | 2.2% |
| Gross margin | — | — | 11% | 7.6% |
| Revenue per employee | — | — | £261k | £297k |
| Profit per employee | — | £9.1k | £10.9k | £6.4k |
| Cash conversion | — | — | 102.6% | 111.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲11.9% |
| Profit growth | — | — | ▲34.9% | ▼41.9% |
| Headcount growth | — | ▲12.8% | ▲13.2% | ▼1.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £930k | £1.3m | £1.8m | £1.8m |
| Net assets | £719k | £1.1m | £1.3m | £1.4m |
| Fixed assets | £791k | £1.2m | £1.2m | £830k |
| Current assets | £2.3m | £2.5m | £4m | £4.4m |
| Debtors | £1.2m | £955k | £357k | £797k |
| Deferred income | — | £477k | £368k | £1.7m |
| Cash from operations | — | — | £959k | £401k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 7.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £297k
- Revenue ÷ average employees.
- Profit per employee
- £6.4k
- Profit ÷ average employees.
- Cash conversion
- 111.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.5%
- 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
- ▲9%
- Now £1.4m
- Cash at bank
- ▼2%
- Now £1.8m
- Headcount
- ▼2%
- Now 59
- Deferred income
- ▲355%
- Now £1.7m
- Fixed assets
- ▼29%
- Now £830k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Alpha Projects Eot Trustee Limitedultimate parent75–100%
- Alpha Projects (Scotland) 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).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £379k), from the Companies House accounts bulk data published Jul 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.