How much does Tracey Brothers Limited make?

Tracey Brothers Limited reported revenue of £19.2m and £1.5m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Tracey Brothers Limited have?

Tracey Brothers Limited reported an average of 50 employees in the year to 31 Mar 2025.

Is Tracey Brothers Limited profitable?

Yes — Tracey Brothers Limited reported a profit of £1.5m in the year to 31 Mar 2025.

Company No. NI035032 · Incorporated 23 Oct 1998

Tracey Brothers Limited

Registered name: TRACEY BROTHERS LIMITED

Tracey Brothers Limited made £19.2m revenue and £1.5m profit in the year to 31 Mar 2025.

Tracey Brothers Limited’s revenue grew 80% to £19.2m in the year to 31 Mar 2025, with £1.5m profit and 50 employees. The company is classified under “construction of commercial buildings” and is based in Enniskillen; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Enniskillen, Northern Ireland
Age: 28 yrs · since 1998
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed

Revenue

£19.2m

Growth ▲80.3%

Profit

£1.5m

Growth ▲157.4%

Profit margin

7.6%

Gross 19.4%

Employees

Change ▲6.4%

Profit / employee

£29.2k

Revenue/employee £385k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£17.9m	£10.7m	£19.2m
Cost of sales	£15.4m	£8.5m	£15.5m
Gross profit	£2.5m	£2.2m	£3.7m
Operating profit	£550k	£278k	£1.6m
Profit before tax	£707k	£624k	£1.9m
Profit after tax	£488k	£567k	£1.5m
Profit (best available)	£488k	£567k	£1.5m
Staff costs	£1.9m	£1.8m	£2m
Employees (average)	56	47	50
Ratios
Profit margin	2.7%	5.3%	7.6%
Gross margin	14%	20.8%	19.4%
Revenue per employee	£320k	£227k	£385k
Profit per employee	£8.7k	£12.1k	£29.2k
Cash conversion	−256.9%	−922.8%	247.2%
Growth (year on year)
Revenue growth	—	▼40.6%	▲80.3%
Profit growth	—	▲16.1%	▲157.4%
Headcount growth	—	▼16.1%	▲6.4%
Balance sheet — indirect signals, not revenue
Cash at bank	−£11.5m	£9.6m	£14.3m
Net assets	£9.5m	£9.6m	£9.8m
Fixed assets	£2.3m	£1.8m	£823k
Current assets	£17.4m	£16.4m	£21m
Debtors	£656k	£204k	£953k
Cash from operations	−£1.4m	−£2.6m	£3.9m
Source	Reports and Financial Statements · bulk data Dec 2024	Reports and Financial Statements · bulk data Dec 2024	Reports and Financial Statements · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 7.6%; Profit ÷ revenue.
Gross margin: 19.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £385k; Revenue ÷ average employees.
Profit per employee: £29.2k; Profit ÷ average employees.
Cash conversion: 247.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5%; 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: ▲2%; Now £9.8m
Cash at bank: ▲48%; Now £14.3m
Headcount: ▲6%; Now 50
Deferred income: —; Now —
Fixed assets: ▼55%; Now £823k

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Sources

Companies House profile Filing history & original accounts

Latest figures from Reports and Financial Statements for the year to 31 Mar 2025 (profit £1.5m), 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.