How much does Maypine Construction Limited make?

Maypine Construction Limited reported revenue of £16.2m and a loss of £1.4m in the year to 29 Apr 2024, according to its accounts filed at Companies House.

How many employees does Maypine Construction Limited have?

Maypine Construction Limited reported an average of 41 employees in the year to 29 Apr 2024.

Is Maypine Construction Limited profitable?

No — Maypine Construction Limited reported a loss of £1.4m in the year to 29 Apr 2024.

Company No. 01146035 · Incorporated 16 Nov 1973

Maypine Construction Limited

Registered name: MAYPINE CONSTRUCTION LIMITED

Part of Gatestock Enterprises Limited group

Maypine Construction Limited made £16.2m revenue and a £1.4m loss in the year to 29 Apr 2024.

Maypine Construction Limited’s revenue fell 46% to £16.2m in the year to 29 Apr 2024, with a loss of £1.4m and 41 employees. The company is classified under “construction of other civil engineering projects” and is based in Gateshead; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Liquidation
Location: Gateshead, North East
Age: 52 yrs · since 1973
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 29 Apr 2024

Key figures

Revenue

£16.2m

Growth ▼45.6%

Profit

−£1.4m

Growth —

Profit margin

−8.6%

Gross 2.4%

Employees

Change ▼26.8%

Profit / employee

−£33.9k

Revenue/employee £394k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	29 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33.5m	£29.7m	£16.2m
Cost of sales	£31.7m	£28.4m	£15.8m
Gross profit	£1.8m	£1.4m	£386k
Operating profit	£193k	£63k	−£1.3m
Profit before tax	£173k	£8.9k	−£1.4m
Profit after tax	£140k	−£4k	−£1.4m
Profit (best available)	£140k	−£4k	−£1.4m
Staff costs	£2.6m	£2.5m	£1.8m
Employees (average)	60	56	41
Ratios
Profit margin	0.4%	0%	−8.6%
Gross margin	5.3%	4.6%	2.4%
Revenue per employee	£559k	£531k	£394k
Profit per employee	£2.3k	−£71	−£33.9k
Growth (year on year)
Revenue growth	—	▼11.3%	▼45.6%
Profit growth	—	▼102.8%	—
Headcount growth	—	▼6.7%	▼26.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£972k	£466k	−£662k
Net assets	£1.1m	£712k	−£676k
Current assets	£7.5m	£4.4m	£2.2m
Debtors	£5.5m	£3m	£1.9m
Deferred income	£168k	£60k	£47k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −8.6%; Profit ÷ revenue.
Gross margin: 2.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £394k; Revenue ÷ average employees.
Profit per employee: −£33.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.8%; 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: ▼195%; Now −£676k
Cash at bank: ▼242%; Now −£662k
Headcount: ▼27%; Now 41
Deferred income: ▼22%; Now £47k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Gatestock Enterprises Limitedultimate parent75–100%
Maypine Construction Limitedthis company

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

Sister companies (1)

Gatestock Holdings LimitedLiquidationFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Apr 2024 (profit −£1.4m), from the Companies House accounts bulk data published Sep 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.