Claret Civil Engineering Limited
Registered name: CLARET CIVIL ENGINEERING LIMITED
Part of Top Flight Midco 1 Limited groupClaret 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 75 | 104 | 153 | 134 |
| Ratios | ||||
| Profit margin | 8.8% | 5.4% | 7.2% | 10.3% |
| Gross margin | 35.5% | 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 conversion | 59.2% | 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 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
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.
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.
Group structure
Ownership chain
- Top Flight Midco 1 Limitedultimate parent75–100%
- Top Flight Midco 2 Limited75–100%
- Top Flight Bidco Limited75–100%
- Nyetimber Finco Limited75–100%
- Nyetimber Midco Limited75–100%
- Nyetimber Bidco Limited75–100%
- Network Plus Group Ltd75–100%
- Network Plus Topco Ltd75–100%
- Network Plus Utility Services Ltd75–100%
- Network Plus Services Ltd75–100%
- Claret Civil Engineering Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Littlewood Group LtdRev. £0 · Profit £0
- Eos Contracting LimitedFigures not disclosed
- Network Plus Multi Utility LimitedFigures not disclosed
- Overlec LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- D a Macdonald (Contractors) LimitedLochgilphead · Construction of water projects
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- Profit
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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.