A J Iles Holdings Limited
Registered name: A J ILES HOLDINGS LIMITED
Part of Tonic Trustees Limited groupA J Iles Holdings Limited made £32.4m revenue and £2.2m profit in the year to 31 Mar 2025.
A J Iles Holdings Limited’s revenue grew 19% to £32.4m in the year to 31 Mar 2025, with £2.2m profit and 102 employees. The company is classified under “activities of construction holding companies” and is based in Swindon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Swindon, South West
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £29.7m | £27.2m | £32.4m |
| Cost of sales | £24.5m | £21.5m | £26.4m |
| Gross profit | £5.1m | £5.8m | £6m |
| Operating profit | £2.8m | £2.5m | £2.8m |
| Profit before tax | £2.8m | £2.1m | £2.3m |
| Profit after tax | £2.4m | £1.6m | £2.2m |
| Profit (best available) | £2.4m | £1.6m | £2.2m |
| Employees (average) | 89 | 84 | 102 |
| Ratios | |||
| Profit margin | 8.1% | 6% | 6.9% |
| Gross margin | 17.3% | 21.1% | 18.5% |
| Revenue per employee | £333k | £324k | £317k |
| Profit per employee | £27.1k | £19.3k | £21.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▼8.2% | ▲18.8% |
| Profit growth | — | ▼32.8% | ▲37.5% |
| Headcount growth | — | ▼5.6% | ▲21.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.9%
- Profit ÷ revenue.
- Gross margin
- 18.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £317k
- Revenue ÷ average employees.
- Profit per employee
- £21.9k
- 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
- ▲21%
- Now 102
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Tonic Trustees Limitedultimate parent75–100%
- A J Iles Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Tonic Construction LimitedRev. £32.3m · Profit £1.8m
- A J Iles & Sons Plant LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Dec 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.