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Company No. 02988261 · Incorporated 9 Nov 1994

Claret Civil Engineering Limited

Registered name: CLARET CIVIL ENGINEERING LIMITED

Part of Top Flight Midco 1 Limited group

Claret Civil Engineering Limited made £26m revenue and £2.7m profit in the year to 31 May 2025.

Claret Civil Engineering Limited’s revenue grew 21% to £26m in the year to 31 May 2025, with £2.7m profit and 134 employees. The company is classified under “construction of water projects” and is based in Manchester; we hold 4 years of its filed accounts.

Status
Active
Location
Manchester, North West
Age
31 yrs · since 1994
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 May 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed
Revenue
£26m
Growth ▲20.9%
Profit
£2.7m
Growth ▲74.4%
Profit margin
10.3%
Gross 36.6%
Employees
134
Change ▼12.4%
Profit / employee
£20.1k
Revenue/employee £194k
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 May 202231 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.8m£18.4m£21.6m£26m
Cost of sales£8.9m£12.6m£14.1m£16.5m
Gross profit£4.9m£5.8m£7.4m£9.5m
Operating profit£1.5m£1.3m£2m£3.5m
Profit before tax£1.5m£1.3m£2.1m£3.6m
Profit after tax£1.2m£995k£1.5m£2.7m
Profit (best available)£1.2m£995k£1.5m£2.7m
Staff costs£3.9m£5.3m£7.5m£8.8m
Employees (average)75104153134
Ratios
Profit margin8.8%5.4%7.2%10.3%
Gross margin35.5%31.4%34.4%36.6%
Revenue per employee£184k£177k£141k£194k
Profit per employee£16.2k£9.6k£10.1k£20.1k
Cash conversion59.2%174.2%198.6%75.7%
Growth (year on year)
Revenue growth—▲33.5%▲17.2%▲20.9%
Profit growth—▼17.9%▲55.1%▲74.4%
Headcount growth—▲38.7%▲47.1%▼12.4%
Balance sheet — indirect signals, not revenue
Cash at bank£2.9m£3.9m£3.7m£5m
Net assets£4.4m£5.3m£3.8m£6.5m
Fixed assets£1.6m£2.4m£2.2m£2.4m
Current assets£5.7m£7.5m£6.9m£8.6m
Debtors£929k£990k£1.6m£1m
Deferred income£320k£607k£1.6m£397k
Cash from operations£908k£2.2m£3.9m£2.7m
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
10.3%
Profit ÷ revenue.
Gross margin
36.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£194k
Revenue ÷ average employees.
Profit per employee
£20.1k
Profit ÷ average employees.
Cash conversion
75.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
3.9%
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
▲71%
Now £6.5m
Cash at bank
▲34%
Now £5m
Headcount
▼12%
Now 134
Deferred income
▼75%
Now £397k
Fixed assets
▲9%
Now £2.4m

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. Top Flight Midco 1 Limitedultimate parent75–100%
  2. Top Flight Midco 2 Limited75–100%
  3. Top Flight Bidco Limited75–100%
  4. Nyetimber Finco Limited75–100%
  5. Nyetimber Midco Limited75–100%
  6. Nyetimber Bidco Limited75–100%
  7. Network Plus Group Ltd75–100%
  8. Network Plus Topco Ltd75–100%
  9. Network Plus Utility Services Ltd75–100%
  10. Network Plus Services Ltd75–100%
  11. Claret Civil Engineering Limitedthis company

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

Sister companies (4)

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 May 2025 (profit £2.7m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.