How much does Ashley & McDonough Limited make?

Ashley & McDonough Limited reported revenue of £12.3m and £943k profit in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does Ashley & McDonough Limited have?

Ashley & McDonough Limited reported an average of 106 employees in the year to 30 Jun 2023.

Is Ashley & McDonough Limited profitable?

Yes — Ashley & McDonough Limited reported a profit of £943k in the year to 30 Jun 2023.

Company No. 05426731 · Incorporated 18 Apr 2005

Ashley & McDonough Limited

Registered name: ASHLEY & MCDONOUGH LIMITED

Part of Synova GP V LLP group

Ashley & McDonough Limited made £12.3m revenue and £943k profit in the year to 30 Jun 2023.

Ashley & McDonough Limited’s revenue grew 63% to £12.3m in the year to 30 Jun 2023, with £943k profit and 106 employees. The company is classified under “electrical installation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: London, London
Age: 21 yrs · since 2005
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 30 Jun 2023

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£12.3m

Growth ▲62.6%

Profit

£943k

Growth ▲171.6%

Profit margin

7.7%

Gross 23.4%

Employees

106

Change ▲32.5%

Profit / employee

£8.9k

Revenue/employee £116k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.6m	£12.3m
Cost of sales	£6m	£9.4m
Gross profit	£1.6m	£2.9m
Operating profit	£441k	£1.3m
Profit before tax	£431k	£1.2m
Profit after tax	£347k	£943k
Profit (best available)	£347k	£943k
Employees (average)	80	106
Ratios
Profit margin	4.6%	7.7%
Gross margin	20.6%	23.4%
Revenue per employee	£94.4k	£116k
Profit per employee	£4.3k	£8.9k
Growth (year on year)
Revenue growth	—	▲62.6%
Profit growth	—	▲171.6%
Headcount growth	—	▲32.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£213k	£312k
Net assets	£659k	£1.1m
Fixed assets	£301k	£860k
Current assets	£1.7m	£2.8m
Debtors	£664k	£1.1m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 7.7%; Profit ÷ revenue.
Gross margin: 23.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £116k; Revenue ÷ average employees.
Profit per employee: £8.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.9%; 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: ▲72%; Now £1.1m
Cash at bank: ▲47%; Now £312k
Headcount: ▲33%; Now 106
Deferred income: —; Now —
Fixed assets: ▲185%; Now £860k

Corporate ownership

Group structure

Ownership chain

Synova GP V LLPultimate parent75–100%
Chillaton Topco Limited75–100%
Chillaton Midco Limited75–100%
Chillaton Bidco Limited75–100%
Mecsia Group Limited75–100%
Mecsia Midco Limited75–100%
Mecsia Limited75–100%
The Am-Group Compliance Services Ltd75–100%
Ashley & McDonough Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Jun 2023 (profit £943k), from the Companies House accounts bulk data published Oct 2023. 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.