Ovenden Earthmoving Co Ltd
Registered name: OVENDEN EARTHMOVING CO LTD
Part of Oec Management 6 Ltd groupOvenden Earthmoving Co Ltd made £27.2m revenue and £2.5m profit in the year to 7 Jul 2024.
Ovenden Earthmoving Co Ltd’s revenue was £27.2m in the year to 7 Jul 2024, with £2.5m profit and 38 employees. The company is classified under “construction of other civil engineering projects” and is based in Canterbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Canterbury, South East
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 31 May 2023 | 7 Jul 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.6m | £18.1m | £27.2m |
| Cost of sales | £12.1m | £14.3m | £22m |
| Gross profit | £3.5m | £3.8m | £5.2m |
| Operating profit | £2.4m | £2.7m | £3.6m |
| Profit before tax | £2.4m | £2.7m | £3.4m |
| Profit after tax | £2.1m | £2.1m | £2.5m |
| Profit (best available) | £2.1m | £2.1m | £2.5m |
| Staff costs | £2.2m | £2.2m | £3m |
| Employees (average) | 39 | 39 | 38 |
| Ratios | |||
| Profit margin | 13.5% | 11.9% | 9.2% |
| Gross margin | 22.4% | 20.9% | 19.1% |
| Revenue per employee | £400k | £464k | £716k |
| Profit per employee | £53.9k | £55.1k | £66.1k |
| Cash conversion | 141.3% | 192% | 223.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲16.1% | — |
| Profit growth | — | ▲2.2% | — |
| Headcount growth | — | 0% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £259k | £1.5m | £2.9m |
| Net assets | £7.6m | £8.2m | £8.2m |
| Fixed assets | £10.1m | £11.6m | £11.3m |
| Current assets | £7.2m | £7m | £8.8m |
| Debtors | £4.1m | £2.2m | £1.7m |
| Deferred income | £245k | £138k | £765k |
| Cash from operations | £3.4m | £5.2m | £8.2m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 9.2%
- Profit ÷ revenue.
- Gross margin
- 19.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £716k
- Revenue ÷ average employees.
- Profit per employee
- £66.1k
- Profit ÷ average employees.
- Cash conversion
- 223.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 41.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.3%
- 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
- —
- Now £8.2m
- Cash at bank
- —
- Now £2.9m
- Headcount
- —
- Now 38
- Deferred income
- —
- Now £765k
- Fixed assets
- —
- Now £11.3m
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
- Oec Management 6 Ltdultimate parent75–100%
- Ovenden Earthmoving Co 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 7 Jul 2024 (profit £2.5m), from the Companies House accounts bulk data published Mar 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.