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Company No. 02025709 · Incorporated 6 Jun 1986

Macs EU Limited

Registered name: MACS EU LIMITED

Macs EU Limited made £19.5m revenue and £1.8m profit in the year to 31 Dec 2024. read from filing text

Macs EU Limited’s revenue fell 6% to £19.5m in the year to 31 Dec 2024, with £1.8m profit and 79 employees. The company is classified under “information technology consultancy activities” and is based in Birmingham; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
Birmingham, West Midlands
Age
40 yrs · since 1986
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. From the filing: “The company's entire issued share capital is owned by its parent undertaking, Macs Holding BV, a company registered in the Netherlands.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed
Revenue
£19.5m
Growth ▼5.7%
Profit
£1.8m
Growth ▼22.7%
Profit margin
9.5%
Gross 66.5%
Employees
79
Change ▲5.3%
Profit / employee
£23.4k
Revenue/employee £247k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£20.7m£19.5m
Cost of sales£8m£6.5m
Gross profit£12.7m£13m
Operating profit£3m£2.5m
Profit before tax£3.1m£2.7m
Profit after tax£2.4m£1.8m
Profit (best available)£2.4m£1.8m
Staff costs£6.3m£7.2m
Employees (average)7579
Ratios
Profit margin11.6%9.5%
Gross margin61.4%66.5%
Revenue per employee£276k£247k
Profit per employee£31.9k£23.4k
Cash conversion−142.9%−248.7%
Growth (year on year)
Revenue growth—▼5.7%
Profit growth—▼22.7%
Headcount growth—▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank£7.6m£12.3m
Net assets£10.6m£12.4m
Fixed assets£900k£1.1m
Current assets£16.3m£16.9m
Debtors£4.4m£2.1m
Deferred income£5.4m£4.6m
Cash from operations−£4.3m−£6.1m
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
9.5%
Profit ÷ revenue.
Gross margin
66.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£247k
Revenue ÷ average employees.
Profit per employee
£23.4k
Profit ÷ average employees.
Cash conversion
−248.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
23.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.8%
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
▲18%
Now £12.4m
Cash at bank
▲63%
Now £12.3m
Headcount
▲5%
Now 79
Deferred income
▼15%
Now £4.6m
Fixed assets
▲19%
Now £1.1m

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

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.8m), 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.