How much does Matthew Homes Limited make?

Matthew Homes Limited reported revenue of £45.1m and £1.7m profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

Is Matthew Homes Limited profitable?

Yes — Matthew Homes Limited reported a profit of £1.7m in the year to 30 Apr 2025.

Company No. 01210027 · Incorporated 29 Apr 1975

Matthew Homes Limited

Registered name: MATTHEW HOMES LIMITED

Part of Gallagher Investments Limited group

Matthew Homes Limited made £45.1m revenue and £1.7m profit in the year to 30 Apr 2025.

Matthew Homes Limited’s revenue was £45.1m in the year to 30 Apr 2025, with £1.7m profit. The company is classified under “construction of domestic buildings” and is based in St.albans; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings

Status: Active
Location: St.albans, East of England
Age: 51 yrs · since 1975
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 30 Apr 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£45.1m

Growth —

Profit

£1.7m

Growth —

Profit margin

3.7%

Gross 24.3%

Employees

—

Change —

Profit / employee

—

Profitable streak

3yrs

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 to	30 Sep 2023	30 Apr 2024	30 Sep 2024	30 Apr 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&Lread from filing text	Full P&L
Profit & loss
Revenue (turnover)	£48.2m	£75.3m	£75.3m	£45.1m
Cost of sales	£37.8m	−£60m	£60m	−£34.1m
Gross profit	£10.3m	£15.4m	£15.4m	£11m
Operating profit	£2.8m	£7m	£7m	£6m
Profit before tax	£1.8m	£5.1m	£5.1m	£2.2m
Profit after tax	£1.4m	£3.9m	£3.9m	£1.7m
Profit (best available)	£1.4m	£3.9m	£3.9m	£1.7m
Staff costs	£5.6m	—	£4.9m	—
Employees (average)	52	—	51	—
Ratios
Profit margin	2.8%	5.1%	5.1%	3.7%
Gross margin	21.4%	20.4%	20.4%	24.3%
Revenue per employee	£926k	—	£1.5m	—
Profit per employee	£26.3k	—	£75.6k	—
Cash conversion	631%	—	−99.9%	—
Growth (year on year)
Revenue growth	—	—	▲56.4%	—
Profit growth	—	—	▲182.1%	—
Headcount growth	—	—	▼1.9%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£12.5m	—	£15.4m	—
Net assets	£86.5m	—	£90.3m	—
Fixed assets	£2.2m	—	£2.2m	—
Current assets	£133m	—	£151m	—
Debtors	£17k	—	£15.1k	—
Deferred income	£1.7m	—	£13.4m	—
Cash from operations	£17.6m	—	−£7m	—
Source	FullAccounts · bulk data Jun 2025	Accounts · bulk data Feb 2026	FullAccounts · bulk data Jun 2025	Accounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: 24.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Gallagher Investments Limitedultimate parent75–100%
Gallagher Holdings Limited75–100%
Matthew Homes Limitedthis company

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

Subsidiaries (2)

Pendragon Debt Collection Agency LimitedFigures not disclosed
Roadmarch Management LimitedFigures not disclosed

Sister companies (3)

Matthew Properties LimitedRev. £288k · Profit £163k
Matthew Investments LimitedRev. £0 · Profit £1.2m
Ayot Place LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Apr 2025 (profit £1.7m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 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.