Denis May & Sons Limited
Registered name: DENIS MAY & SONS LIMITED
Part of DMS Holdings (South West) Limited groupDenis May & Sons Limited made £16m revenue and £1.3m profit in the year to 30 Sep 2025. read from filing text
Denis May & Sons Limited’s revenue grew 11% to £16m in the year to 30 Sep 2025, with £1.3m profit and 33 employees. The company is classified under “manufacture of concrete products for construction purposes” and is based in Truro; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 19 yrs · since 2006
- 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. From the filing: “The immediate parent and largest group financial statements that consolidate this company is DMS Holdings (South West) Limited. These group accounts are available to the public from its registered off”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £17.4m | £17.6m | £14.4m | £16m |
| Cost of sales | £12.8m | £13.1m | £11.3m | £12.5m |
| Gross profit | £4.5m | £4.5m | £3m | £3.5m |
| Operating profit | £3.2m | £3m | £1.4m | £1.6m |
| Profit before tax | £3.3m | £3.4m | £1.6m | £1.7m |
| Profit after tax | £2.6m | £2.6m | £1.3m | £1.3m |
| Profit (best available) | £2.6m | £2.6m | £1.3m | £1.3m |
| Staff costs | £1.3m | £1.4m | £1.5m | £1.5m |
| Employees (average) | 31 | 34 | 35 | 33 |
| Ratios | ||||
| Profit margin | 15.2% | 15% | 9% | 8% |
| Gross margin | 26.2% | 25.3% | 21.2% | 22% |
| Revenue per employee | £561k | £517k | £411k | £485k |
| Profit per employee | £85.4k | £77.8k | £37.1k | £38.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲1.2% | ▼18.3% | ▲11.5% |
| Profit growth | — | ▼0.1% | ▼50.9% | ▼1.6% |
| Headcount growth | — | ▲9.7% | ▲2.9% | ▼5.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £9.1m | £10.3m | £1m | £2.6m |
| Net assets | £4.7m | £4.3m | £3.1m | £2.9m |
| Fixed assets | £1.6m | £2.5m | £3.5m | £3.5m |
| Current assets | £14.4m | £14.3m | £5.3m | £6.3m |
| Debtors | £3.7m | £3.4m | £3.4m | £3.2m |
| Deferred income | £303k | £250k | £248k | £285k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 22%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £485k
- Revenue ÷ average employees.
- Profit per employee
- £38.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20%
- 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
- ▼7%
- Now £2.9m
- Cash at bank
- ▲154%
- Now £2.6m
- Headcount
- ▼6%
- Now 33
- Deferred income
- ▲15%
- Now £285k
- Fixed assets
- ▼1%
- Now £3.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- DMS Holdings (South West) Limitedultimate parent75–100%
- Denis May & Sons Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- DMS Cornwall LimitedFigures not disclosed
- DMS Freehold LimitedFigures not disclosed
- DMS Moorcroft LimitedFigures not disclosed
- DMS South Molton LimitedFigures not disclosed
- South Molton Block Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.3m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.