M & M Contractors (Europe) Ltd
Registered name: M & M CONTRACTORS (EUROPE) LTD
M & M Contractors (Europe) Ltd made £20.3m revenue and £374k profit in the year to 31 Oct 2024.
M & M Contractors (Europe) Ltd’s revenue grew 34% to £20.3m in the year to 31 Oct 2024, with £374k profit and 27 employees. The company is classified under “construction of utility projects for electricity and telecommunications” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £15.2m | £20.3m |
| Cost of sales | — | — | £13.4m | £18.2m |
| Gross profit | — | — | £1.8m | £2.1m |
| Operating profit | — | — | £583k | £783k |
| Profit before tax | — | — | £534k | £451k |
| Profit after tax | — | — | £390k | £374k |
| Profit (best available) | — | — | £390k | £374k |
| Staff costs | — | — | £1.3m | £1.7m |
| Employees (average) | 18 | 27 | 27 | 27 |
| Ratios | ||||
| Profit margin | — | — | 2.6% | 1.8% |
| Gross margin | — | — | 11.6% | 10.1% |
| Revenue per employee | — | — | £562k | £751k |
| Profit per employee | — | — | £14.4k | £13.9k |
| Cash conversion | — | — | 81.8% | 61.8% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲33.6% |
| Profit growth | — | — | — | ▼3.9% |
| Headcount growth | — | ▲50% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £1.1m | £1.3m | £1.5m |
| Net assets | £1.2m | £1.3m | £1.6m | £1.9m |
| Fixed assets | £414k | £465k | £623k | £673k |
| Current assets | £4.3m | £4.5m | £5.6m | £7.5m |
| Debtors | £1.2m | £1.8m | £2.5m | £2.2m |
| Deferred income | — | — | £802k | £1.2m |
| Cash from operations | — | — | £477k | £484k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 10.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £751k
- Revenue ÷ average employees.
- Profit per employee
- £13.9k
- Profit ÷ average employees.
- Cash conversion
- 61.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.6%
- 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
- ▲19%
- Now £1.9m
- Cash at bank
- ▲19%
- Now £1.5m
- Headcount
- 0%
- Now 27
- Deferred income
- ▲52%
- Now £1.2m
- Fixed assets
- ▲8%
- Now £673k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Acs Construction Group Ltd.Stockport · Construction of utility projects for electricity and telecommunications
- Revenue
- £21.4m
- Profit
- £2.1m
- Staff
- 55
- Avidety LtdLondon · Construction of utility projects for electricity and telecommunications
- Revenue
- £18.4m
- Profit
- £2m
- Staff
- 109
- C.a. Telecom UK LimitedWhitstable · Construction of utility projects for electricity and telecommunications
- Revenue
- £18.4m
- Profit
- £1.9m
- Staff
- 36
- Contact Solar LtdPreston · Construction of utility projects for electricity and telecommunications
- Revenue
- £22.9m
- Profit
- £46.4k
- Staff
- 84
- Diona Construction Ltd.Glasgow · Construction of utility projects for electricity and telecommunications
- Revenue
- £23.6m
- Profit
- £4.6m
- Staff
- 77
- Fieldway Compliance LtdLiverpool · Construction of utility projects for electricity and telecommunications
- Revenue
- £17.3m
- Profit
- £2.5m
- Staff
- 82
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £374k), from the Companies House accounts bulk data published Feb 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.