Revenue and gross profit — monthly
Apr 2026 – Mar 2027
Revenue
Gross profit
GP negative from Nov 2026
1
Quarterly summary
Apr 2026 – Mar 2027Q1 · Apr – Jun 2026
Revenue£544,095
Direct costs(£338,058)
Gross profit£206,037
GP margin37.9%
Overheads(£100,747)
Operating profit£105,290
OP margin19.4%
Q2 · Jul – Sep 2026
Revenue£491,104
Direct costs(£340,247)
Gross profit£150,857
GP margin30.7%
Overheads(£98,638)
Operating profit£52,218
OP margin10.6%
Q3 · Oct – Dec 2026
Revenue£85,879
Direct costs(£69,000)
Gross profit£16,879
GP margin19.7%
Overheads(£99,296)
Operating profit(£82,417)
OP margin(96.0%)
Q4 · Jan – Mar 2027
Revenue£15,810
Direct costs(£69,000)
Gross profit(£53,190)
GP marginn/m
Overheads(£100,053)
Operating profit(£153,243)
OP marginn/m
2
Revenue forecast
Full year £1,136,888Revenue by category
Project revenue£1,058,248
Other revenue£15,400
Intercompany£63,240
Small works—
Other revenue—
Total revenue£1,136,888
Revenue phasing — quarterly
Q1 (Apr–Jun)£544,095
Q2 (Jul–Sep)£491,104
Q3 (Oct–Dec)£85,879
Q4 (Jan–Mar)£15,810
Full year£1,136,888
Project revenue breakdown
3
Direct costs and overheads
Full year £1,215,040Direct costs by category
Engineer payroll£276,000
Project direct costs£540,306
Total direct costs£816,306
Cost phasing — quarterly
Q1 direct costs(£338,058)
Q2 direct costs(£340,247)
Q3 direct costs(£69,000)
Q4 direct costs(£69,000)
Full year(£816,306)
Direct costs by project
Overhead breakdown not available
The individual overhead category lines were not populated in this forecast — only the monthly totals are present (full year total: £398,735). The breakdown by category is available in the May 2026 forecast.
The individual overhead category lines were not populated in this forecast — only the monthly totals are present (full year total: £398,735). The breakdown by category is available in the May 2026 forecast.
4
Profit waterfall
Full year summary| Q1 Apr–Jun | Q2 Jul–Sep | Q3 Oct–Dec | Q4 Jan–Mar | Full year | |
|---|---|---|---|---|---|
| Revenue | £544,095 | £491,104 | £85,879 | £15,810 | £1,136,888 |
| Direct costs | (£338,058) | (£340,247) | (£69,000) | (£69,000) | (£816,306) |
| Gross profit | £206,037 | £150,857 | £16,879 | (£53,190) | £320,582 |
| GP margin | 37.9% | 30.7% | 19.7% | n/m | 28.2% |
| Overheads | (£100,747) | (£98,638) | (£99,296) | (£100,053) | (£398,735) |
| Operating profit | £105,290 | £52,218 | (£82,417) | (£153,243) | (£78,152) |
| OP margin | 19.4% | 10.6% | (96.0%) | n/m | (6.9%) |
| Finance costs | — | — | — | — | Not populated |
| Net profit | £105,290 | £52,218 | (£82,417) | (£153,243) | (£78,152) |
| Net margin | 19.4% | 10.6% | (96.0%) | n/m | (6.9%) |
5
Actions and focus
Prepared May 2026Short term focus · Q1–Q2
Q1 operating profit of £105,290 at a 19.4% margin is the standout quarter. Revenue of £544k with strong billing across Tetley, Staveley and other active projects drives a 37.9% gross margin. The challenge is sustaining this momentum into Q2.
Q2 continues positively with £52k operating profit. August (£212k revenue) and September (£134k) are strong months driven by ongoing Tetley and Staveley billing. Maximise applications in these months to build cash reserves for Q3.
Resource planning across Q1 and Q2 is critical. Mill House (£72,500) adds a useful contribution to August revenue — confirm programme dates to ensure this billing is achievable.
Long term focus · Q3–Q4
The combined Q3/Q4 operating loss of (£235,660) is almost entirely a revenue problem — the overhead base of £199k across those two quarters is unavoidable. The business needs £199k of gross profit from new work in H2 just to break even at operating level.
New contract starts must be secured by September at the latest. Revenue drops from £134k in September to £75k in October as major projects complete. Any work signed after September will not generate sufficient billing to affect Q3.
The fixed overhead base of £31k to £34k per month does not reduce when revenue falls away. Note that the overhead category breakdown was not populated in this forecast — the May 2026 forecast contains the full overhead detail.
To achieve the full year operating profit target of £350k, Q3 and Q4 would need to deliver an additional £272k of operating profit. The Q1/Q2 position of £157k is a strong base — securing new work now is the priority.