Norfolk Homes Limited
Registered name: NORFOLK HOMES LIMITED
Part of Norfolk Homes Holdings Limited groupNorfolk Homes Limited made £53.6m revenue and £6.6m profit in the year to 31 Mar 2025.
Norfolk Homes Limited’s revenue grew 20% to £53.6m in the year to 31 Mar 2025, with £6.6m profit and 54 employees. The company is classified under “construction of domestic buildings” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 41 yrs · since 1985
- 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: “Dacerell Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £37.1m | £41.4m | £44.6m | £53.6m |
| Cost of sales | £23.7m | £27.7m | £31.4m | £37.2m |
| Gross profit | £13.4m | £13.7m | £13.2m | £16.4m |
| Operating profit | £4.6m | £7.2m | £6.1m | £9m |
| Profit before tax | £4.3m | £7m | £5.8m | £8.8m |
| Profit after tax | £3.5m | £5.6m | £4.4m | £6.6m |
| Profit (best available) | £3.5m | £5.6m | £4.4m | £6.6m |
| Staff costs | £2.9m | £3.3m | £3.9m | £3.3m |
| Employees (average) | 53 | 58 | 57 | 54 |
| Ratios | ||||
| Profit margin | 9.5% | 13.6% | 9.8% | 12.3% |
| Gross margin | 36.2% | 33.1% | 29.6% | 30.6% |
| Revenue per employee | £700k | £714k | £782k | £993k |
| Profit per employee | £66.6k | £96.7k | £76.6k | £122k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.7% | ▲7.6% | ▲20.3% |
| Profit growth | — | ▲59% | ▼22.2% | ▲50.7% |
| Headcount growth | — | ▲9.4% | ▼1.7% | ▼5.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £458 | £610 | £6m | £651 |
| Net assets | £50.6m | £55.2m | £56.4m | £59.8m |
| Fixed assets | £1.1m | £1.3m | £1.2m | £1.3m |
| Current assets | £57.6m | £61.9m | £62.5m | £86.7m |
| Debtors | £203k | £251k | £206k | £230k |
| Deferred income | £205k | £164k | £164k | £203k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 12.3%
- Profit ÷ revenue.
- Gross margin
- 30.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £993k
- Revenue ÷ average employees.
- Profit per employee
- £122k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▲6%
- Now £59.8m
- Cash at bank
- ▼100%
- Now £651
- Headcount
- ▼5%
- Now 54
- Deferred income
- ▲24%
- Now £203k
- Fixed assets
- ▲7%
- Now £1.3m
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
- Norfolk Homes Holdings Limitedultimate parent75–100%
- Dacerell Limited75–100%
- Norfolk Homes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (7)
- Arminghall Fields Management Company LimitedFigures not disclosed
- Church Mead (Brundall) Management Company LimitedFigures not disclosed
- Glaven Place Management Company LimitedFigures not disclosed
- Heywood Fields Management Company LimitedFigures not disclosed
- Tharston Park Management Company LimitedFigures not disclosed
- The Landings (Rackheath) Management Company LimitedFigures not disclosed
- Weavers Meadow (Aylsham) Management Company LimitedFigures not disclosed
Sister companies (2)
- Sheridan Clark (Civil Engineering) LimitedFigures not disclosed
- Suffolk Homes LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Bell Contracting LimitedCinderford · Construction of domestic buildings
- Revenue
- £54.8m
- Profit
- £3.3m
- Staff
- 196
- Flynn Management & Contractors (UK) LimitedLondon · Construction of domestic buildings
- Revenue
- £50.4m
- Profit
- £910k
- Staff
- 20
- Campion Homes LimitedFife · Construction of domestic buildings
- Revenue
- £50m
- Profit
- £5.2m
- Staff
- 146
- Bridgestone Construction LimitedHyde · Construction of domestic buildings
- Revenue
- £49.1m
- Profit
- £1.8m
- Staff
- 39
- Westchurch Homes LimitedAltrincham · Construction of domestic buildings
- Revenue
- £49.1m
- Profit
- £5.8m
- Staff
- 41
- A. Connolly LimitedWigan · Construction of domestic buildings
- Revenue
- £59.2m
- Profit
- £1.8m
- Staff
- 246
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £6.6m), 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.