McMullen Facades Limited
Registered name: MCMULLEN FACADES LIMITED
Part of JRL Group Holdings Limited groupMcMullen Facades Limited made £121m revenue and a £11.7m loss in the year to 30 Apr 2025.
McMullen Facades Limited’s revenue was £121m in the year to 30 Apr 2025, with a loss of £11.7m and 424 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Borehamwood; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 8 yrs · since 2017
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £128m | £112m | £121m |
| Cost of sales | £162m | £136m | £122m |
| Gross profit | −£34.4m | −£23.8m | −£1.2m |
| Operating profit | −£43.5m | −£33.7m | −£15.6m |
| Profit before tax | −£43.6m | −£33.8m | −£15.8m |
| Profit after tax | −£33.4m | −£24.9m | −£11.7m |
| Profit (best available) | −£33.4m | −£24.9m | −£11.7m |
| Staff costs | £21.6m | £21m | £26.8m |
| Employees (average) | 457 | 462 | 424 |
| Ratios | |||
| Profit margin | −26.1% | −22.2% | −9.7% |
| Gross margin | −27% | −21.2% | −1% |
| Revenue per employee | £279k | £243k | £285k |
| Profit per employee | −£73k | −£53.8k | −£27.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼12.2% | — |
| Headcount growth | — | ▲1.1% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.8m | £812k | £4.5m |
| Net assets | −£55.9m | −£80.8m | −£92.4m |
| Fixed assets | £2.4m | £3.1m | £3.2m |
| Current assets | £66.4m | £34.1m | £45.7m |
| Debtors | £2.4m | £1.1m | £331k |
| Deferred income | £25.7m | £16.3m | £6m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −9.7%
- Profit ÷ revenue.
- Gross margin
- −1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £285k
- Revenue ÷ average employees.
- Profit per employee
- −£27.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- —
- Now −£92.4m
- Cash at bank
- —
- Now £4.5m
- Headcount
- —
- Now 424
- Deferred income
- —
- Now £6m
- Fixed assets
- —
- Now £3.2m
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
- JRL Group Holdings Limitedultimate parent75–100%
- JRL Group Limited75–100%
- McMullen Facades Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (28)
- Midgard LtdRev. £580m · Profit −£11.6m
- J. Reddington LtdRev. £298m · Profit −£5.7m
- Ark Mechanical and Electrical Services LimitedRev. £123m · Profit £4.8m
- Thames Reinforcements LimitedRev. £65.5m · Profit £693k
- Midgard City LimitedRev. £62.8m · Profit −£3.3m
- London Tower Crane Hire & Sales LimitedRev. £57.7m · Profit £5.5m
- JRL Modular LtdRev. £20.2m · Profit −£5.2m
- JRL Environmental LimitedRev. £14.3m · Profit −£1.1m
- Anglo Swiss Façade Design LimitedFigures not disclosed
- Elstree Civil Engineering LimitedFigures not disclosed
- JRL Access LimitedFigures not disclosed
- JRL Civil Engineering LimitedFigures not disclosed
- JRL Demolition LimitedFigures not disclosed
- JRL Drylining LimitedFigures not disclosed
- JRL GH Facades LimitedFigures not disclosed
- JRL Plant and Logistics LimitedFigures not disclosed
- JRL Structures LimitedFigures not disclosed
- JRL Trading (3) LtdFigures not disclosed
- London Concrete Pumping LimitedFigures not disclosed
- Midgard Design Services LtdFigures not disclosed
- Midgard Public Sector LimitedFigures not disclosed
- Quantum Gate LimitedFigures not disclosed
- Slipstructures LimitedFigures not disclosed
- Stair Master LtdFigures not disclosed
- Trent Precast Concrete LimitedFigures not disclosed
- Trent Reinforcements LtdFigures not disclosed
- UK Facades LimitedFigures not disclosed
- Woodland Environmental LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Liebherr Sunderland Works LimitedSunderland · Manufacture of metal structures and parts of structures
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- ZND (UK) LimitedRotherham · Manufacture of metal structures and parts of structures
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£11.7m), from the Companies House accounts bulk data published Jan 2026. 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.