Revenue and gross profit — monthly
May 2026 – Apr 2027
Revenue
Gross profit
GP negative from Jan 2027
1
Quarterly summary
May 2026 – Apr 2027Q1 · May – Jul 2026
Revenue£450,635
Direct costs(£359,175)
Gross profit£91,460
GP margin20.3%
Overheads(£111,340)
Operating profit(£19,880)
OP margin(4.4%)
Q2 · Aug – Oct 2026
Revenue£413,621
Direct costs(£292,635)
Gross profit£120,986
GP margin29.3%
Overheads(£106,060)
Operating profit£14,926
OP margin3.6%
Q3 · Nov 2026 – Jan 2027
Revenue£115,426
Direct costs(£112,744)
Gross profit£2,682
GP margin2.3%
Overheads(£111,598)
Operating profit(£108,916)
OP margin(94.4%)
Q4 · Feb – Apr 2027
Revenue£15,810
Direct costs(£86,100)
Gross profit(£70,290)
GP marginn/m
Overheads(£108,773)
Operating profit(£179,063)
OP marginn/m
2
Revenue forecast
Full year £995,492Revenue by category
Project revenue£932,252
Intercompany£63,240
Small works—
Other revenue—
Total revenue£995,492
Revenue phasing — quarterly
Q1 (May–Jul)£450,635
Q2 (Aug–Oct)£413,621
Q3 (Nov–Jan)£115,426
Q4 (Feb–Apr)£15,810
Full year£995,492
Project revenue breakdown
3
Direct costs and overheads
Full year £1,288,424Direct costs by category
Engineer payroll£344,400
Project direct costs£506,254
Total direct costs£850,654
Cost phasing — quarterly
Q1 direct costs(£359,175)
Q2 direct costs(£292,635)
Q3 direct costs(£112,744)
Q4 direct costs(£86,100)
Full year(£850,654)
Direct costs by project
4
Profit waterfall
Full year summary| Q1 | Q2 | Q3 | Q4 | Full year | |
|---|---|---|---|---|---|
| Revenue | £450,635 | £413,621 | £115,426 | £15,810 | £995,492 |
| Direct costs | (£359,175) | (£292,635) | (£112,744) | (£86,100) | (£850,654) |
| Gross profit | £91,460 | £120,986 | £2,682 | (£70,290) | £144,838 |
| GP margin | 20.3% | 29.3% | 2.3% | n/m | 14.5% |
| Overheads | (£111,340) | (£106,060) | (£111,598) | (£108,773) | (£437,771) |
| Operating profit | (£19,880) | £14,926 | (£108,916) | (£179,063) | (£292,932) |
| OP margin | (4.4%) | 3.6% | (94.4%) | n/m | (29.4%) |
| Finance costs | (£32,280) | (£32,280) | (£32,280) | (£32,280) | (£129,120) |
| Net profit | (£52,160) | (£17,354) | (£141,196) | (£211,343) | (£422,052) |
| Net margin | (11.6%) | (4.2%) | (122.3%) | n/m | (42.4%) |
5
Actions and focus
Prepared May 2026Short term focus · Q1–Q2
Q1 operating loss of (£19,880) is driven by high direct costs relative to revenue — particularly engineer payroll (£86,100 fixed across Q1) against a front-loaded cost profile. This is manageable given Q2 recovers to positive territory.
Q2 is the only quarter forecast to generate an operating profit (£14,926 at 3.6%). Maximise billing in August and September — these are the strongest months in the forecast at £150k and £164k revenue respectively.
Resource planning across Q1 and Q2 is critical. Some months show high expected activity while others are light — identify gaps and bring forward any available work to fill them.
Long term focus · Q3–Q4
The combined Q3/Q4 operating loss of (£287,979) is almost entirely a revenue problem — the overhead base of £220k across those two quarters is unavoidable. The business needs £220k of gross profit from new work in H2 just to break even at operating level.
New contract starts must be secured by October at the latest. Any work signed after that point will not generate sufficient billing to materially affect Q3. The pipeline decision window is now.
The fixed overhead base of £36k to £38k per month does not reduce when revenue falls away. Assess whether any overhead categories can be reduced or deferred if the pipeline does not improve by September.
To achieve the full year operating profit target of £350k, Q3 and Q4 would need to deliver £537k of revenue at 40% gross margin. This requires substantial new work being signed immediately.