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Company No. SC580139 · Incorporated 30 Oct 2017

Alpha Projects (Scotland) Ltd

Registered name: ALPHA PROJECTS (SCOTLAND) LTD

Part of Alpha Projects Eot Trustee Limited group

Alpha 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.

Full P&L filedSection F · ConstructionSIC 43320Joinery installation
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.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightDoing more with lessCash flow filed
Revenue
£17.5m
Growth ▲11.9%
Profit
£379k
Growth ▼41.9%
Profit margin
2.2%
Gross 7.6%
Employees
59
Change ▼1.7%
Profit / employee
£6.4k
Revenue/employee £297k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureNo P&LProfit onlyFull P&LFull 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)47536059
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
SourceAccounts · bulk data Mar 2024Accounts · bulk data Mar 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. Alpha Projects Eot Trustee Limitedultimate parent75–100%
  2. 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.