How much does Qai Services Limited make?

Qai Services Limited reported revenue of £12.1m and £2.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Qai Services Limited have?

Qai Services Limited reported an average of 132 employees in the year to 31 Dec 2024.

Is Qai Services Limited profitable?

Yes — Qai Services Limited reported a profit of £2.1m in the year to 31 Dec 2024.

Company No. 05970091 · Incorporated 17 Oct 2006

Qai Services Limited

Registered name: QAI SERVICES LIMITED

Part of Butler & Young Holdings Limited group

Qai Services Limited made £12.1m revenue and £2.1m profit in the year to 31 Dec 2024.

Qai Services Limited’s revenue grew 3% to £12.1m in the year to 31 Dec 2024, with £2.1m profit and 132 employees. The company is classified under “other building completion and finishing” and is based in Burton-on-Trent; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: Burton-on-Trent, East Midlands
Age: 20 yrs · since 2006
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 2024

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£12.1m

Growth ▲2.5%

Profit

£2.1m

Growth ▲61.2%

Profit margin

17%

Gross 99.2%

Employees

132

Change ▼5.7%

Profit / employee

£15.6k

Revenue/employee £91.9k

Profitable streak

2yrs

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 to	31 Oct 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£11.8m	£12.1m
Cost of sales	—	—	£81k	£93.7k
Gross profit	—	—	£11.8m	£12m
Operating profit	—	—	£1.6m	£1.5m
Profit before tax	—	—	£1.7m	£1.7m
Profit after tax	—	—	£1.3m	£2.1m
Profit (best available)	—	—	£1.3m	£2.1m
Staff costs	—	—	£7.7m	£7.8m
Employees (average)	94	125	140	132
Ratios
Profit margin	—	—	10.8%	17%
Gross margin	—	—	99.3%	99.2%
Revenue per employee	—	—	£84.5k	£91.9k
Profit per employee	—	—	£9.1k	£15.6k
Growth (year on year)
Revenue growth	—	—	—	▲2.5%
Profit growth	—	—	—	▲61.2%
Headcount growth	—	—	—	▼5.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£2.2m	£606k	£176k
Net assets	£544k	£320k	£1.6m	£3.7m
Fixed assets	£105k	£129k	£91.3k	£61.7k
Current assets	£3.3m	£3.2m	£5.7m	£7.5m
Debtors	£979k	£828k	£1.2m	£1.3m
Deferred income	—	—	£2.2m	£2.1m
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 17%; Profit ÷ revenue.
Gross margin: 99.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £91.9k; Revenue ÷ average employees.
Profit per employee: £15.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 17.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.9%; 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: ▲129%; Now £3.7m
Cash at bank: ▼71%; Now £176k
Headcount: ▼6%; Now 132
Deferred income: ▼4%; Now £2.1m
Fixed assets: ▼32%; Now £61.7k

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

Butler & Young Holdings Limited (registered outside the UK register)ultimate parent75–100%
Socotec Building & Real Estate Holdings Limited75–100%
Vernier Holdings Ltd75–100%
Qai Services Limitedthis company

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

Sister companies (2)

Quadrant Building Compliance LimitedFigures not disclosed
Quadrant Building Control LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.1m), from the Companies House accounts bulk data published Sep 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.