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Company No. 02683844 · Incorporated 4 Feb 1992

Smith Construction (Heckington) Limited

Registered name: SMITH CONSTRUCTION (HECKINGTON) LIMITED

Part of Melbourne Holdings Limited group

Smith Construction (Heckington) Limited made £17.1m revenue and £628k profit in the year to 31 Dec 2025.

Smith Construction (Heckington) Limited’s revenue grew 13% to £17.1m in the year to 31 Dec 2025, with £628k profit and 50 employees. The company is classified under “construction of other civil engineering projects” and is based in Sleaford; we hold 4 years of its filed accounts.

Status
Active
Location
Sleaford, East Midlands
Age
34 yrs · since 1992
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 Dec 2025

Key figures

Doing more with lessCash flow filed
Revenue
£17.1m
Growth ▲13%
Profit
£628k
Growth ▼17.3%
Profit margin
3.7%
Gross 15%
Employees
50
Change ▼5.7%
Profit / employee
£12.6k
Revenue/employee £342k
Profitable streak
4yrs
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 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.6m£15m£15.1m£17.1m
Cost of sales£9.7m£12.5m£12.6m£14.5m
Gross profit£1.9m£2.5m£2.6m£2.6m
Operating profit£531k£1m£995k£906k
Profit before tax£519k£1m£957k£868k
Profit after tax£402k£751k£759k£628k
Profit (best available)£402k£751k£759k£628k
Staff costs£2.2m£2.3m£2.5m£2.6m
Employees (average)53515350
Ratios
Profit margin3.5%5%5%3.7%
Gross margin16.3%16.9%17%15%
Revenue per employee£220k£295k£285k£342k
Profit per employee£7.6k£14.7k£14.3k£12.6k
Cash conversion−88.5%−161.3%−98.5%−206.7%
Growth (year on year)
Revenue growth—▲29.1%▲0.6%▲13%
Profit growth—▲87%▲1%▼17.3%
Headcount growth—▼3.8%▲3.9%▼5.7%
Balance sheet — indirect signals, not revenue
Cash at bank£947k£976k£1.4m£1.3m
Net assets£2.2m£2m£2.7m£2.4m
Fixed assets£1.5m£1.8m£1.8m£2m
Current assets£3.6m£3.6m£5.1m£3.8m
Debtors£2.1m£1.4m£2.6m£2.1m
Deferred income£684k£717k£744k£956k
Cash from operations−£470k−£1.7m−£980k−£1.9m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.7%
Profit ÷ revenue.
Gross margin
15%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£342k
Revenue ÷ average employees.
Profit per employee
£12.6k
Profit ÷ average employees.
Cash conversion
−206.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
11.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.5%
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
▼14%
Now £2.4m
Cash at bank
▼6%
Now £1.3m
Headcount
▼6%
Now 50
Deferred income
▲29%
Now £956k
Fixed assets
▲12%
Now £2m

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. Melbourne Holdings Limitedultimate parent75–100%
  2. Melbourne Food Group Limited75–100%
  3. Melbourne Construction Limited75–100%
  4. Smith Construction (Heckington) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (9)

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 Dec 2025 (profit £628k), from the Companies House accounts bulk data published Sep 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.