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Company No. NI006965 · Incorporated 12 Jun 1967

Martin & Hamilton Limited

Registered name: MARTIN & HAMILTON LIMITED

Part of Conway M&H Limited group

Martin & Hamilton Limited made £27.6m revenue and £1.2m profit in the year to 31 Mar 2025.

Martin & Hamilton Limited’s revenue fell 1% to £27.6m in the year to 31 Mar 2025, with £1.2m profit and 79 employees. The company is classified under “construction of commercial buildings” and is based in County Antrim; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings
Status
Active
Location
County Antrim, Northern Ireland
Age
59 yrs · since 1967
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 31 Mar 2025

Key figures

Capital-lightCash flow filed
Revenue
£27.6m
Growth ▼1.1%
Profit
£1.2m
Growth ▼17.2%
Profit margin
4.4%
Gross 17.3%
Employees
79
Change ▼23.3%
Profit / employee
£15.3k
Revenue/employee £349k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.6m£20.8m£27.9m£27.6m
Cost of sales£17m£17.4m£23.6m£22.8m
Gross profit£2.6m£3.4m£4.3m£4.8m
Operating profit——£2m£1.6m
Profit before tax£831k£1.4m£2m£1.6m
Profit after tax£685k£1.2m£1.5m£1.2m
Profit (best available)£685k£1.2m£1.5m£1.2m
Staff costs£2.6m£2.8m£3.1m£3.2m
Employees (average)949810379
Ratios
Profit margin3.5%5.7%5.2%4.4%
Gross margin13.3%16.1%15.4%17.3%
Revenue per employee£208k£212k£271k£349k
Profit per employee£7.3k£12.1k£14.2k£15.3k
Cash conversion——139.8%48.3%
Growth (year on year)
Revenue growth—▲6.3%▲34%▼1.1%
Profit growth—▲73.7%▲22.6%▼17.2%
Headcount growth—▲4.3%▲5.1%▼23.3%
Balance sheet — indirect signals, not revenue
Cash at bank£6.3m£4.9m£6.3m£5.2m
Net assets£2.9m£3.7m£4.7m£4.9m
Fixed assets£1.4m£1.9m£2.2m£2.3m
Current assets£8.2m£8.3m£11.8m£10.4m
Debtors£1.8m£3.1m£4.6m£4.2m
Cash from operations£1.7m£521k£2.8m£751k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
4.4%
Profit ÷ revenue.
Gross margin
17.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£349k
Revenue ÷ average employees.
Profit per employee
£15.3k
Profit ÷ average employees.
Cash conversion
48.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.2%
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
▲4%
Now £4.9m
Cash at bank
▼18%
Now £5.2m
Headcount
▼23%
Now 79
Deferred income
—
Now —
Fixed assets
▲4%
Now £2.3m
Corporate ownership

Group structure

Ownership chain

  1. Conway M&H Limitedultimate parent75–100%
  2. Martin & Hamilton 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

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 2025. 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.