Network Plus Services Ltd
Registered name: NETWORK PLUS SERVICES LTD
Part of Top Flight Midco 1 Limited groupNetwork Plus Services Ltd made £671m revenue and £40.3m profit in the year to 29 Mar 2026.
Network Plus Services Ltd’s revenue grew 15% to £671m in the year to 29 Mar 2026, with £40.3m profit and 2,376 employees. The company is classified under “construction of other civil engineering projects” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Mar 2024 | 29 Mar 2025 | 30 Mar 2025 | 29 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £536m | £585m | £585m | £671m |
| Cost of sales | −£407m | −£458m | −£458m | −£498m |
| Gross profit | £129m | £127m | £127m | £173m |
| Operating profit | £34.4m | £24.8m | £24.8m | £53.2m |
| Profit before tax | £31.7m | £24.5m | £24.5m | £54.6m |
| Profit after tax | £24.1m | £18.4m | £18.4m | £40.3m |
| Profit (best available) | £24.1m | £18.4m | £18.4m | £40.3m |
| Employees (average) | 2,392 | 2,423 | 2,423 | 2,376 |
| Ratios | ||||
| Profit margin | 4.5% | 3.1% | 3.1% | 6% |
| Gross margin | 24.1% | 21.7% | 21.7% | 25.7% |
| Revenue per employee | £224k | £241k | £241k | £282k |
| Profit per employee | £10.1k | £7.6k | £7.6k | £16.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9% | — | ▲14.7% |
| Profit growth | — | ▼23.8% | — | ▲119% |
| Headcount growth | — | ▲1.3% | — | ▼1.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Aug 2026 | Accounts · bulk data Sep 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 25.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £282k
- Revenue ÷ average employees.
- Profit per employee
- £16.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▼2%
- Now 2,376
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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 Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Claret Civil Engineering LimitedRev. £26m · Profit £2.7m
- Littlewood Group LtdRev. £0 · Profit £0
- Eos Contracting LimitedFigures not disclosed
- Network Plus Multi Utility LimitedFigures not disclosed
- Overlec LimitedFigures not disclosed
Sister companies (2)
- Go Traffic Management LimitedRev. £55m · Profit £6.8m
- Network Plus Plant Hire LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Mar 2026 (profit £40.3m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 20 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.