How many employees does McDermott Developments Limited have?

McDermott Developments Limited reported an average of 52 employees in the year to 31 Dec 2025.

Is McDermott Developments Limited profitable?

Yes — McDermott Developments Limited reported a profit of £7.1m in the year to 31 Dec 2025.

Company No. 02701792 · Incorporated 30 Mar 1992

McDermott Developments Limited

Registered name: MCDERMOTT DEVELOPMENTS LIMITED

McDermott Developments Limited made £7.1m profit in the year to 31 Dec 2025 (revenue not disclosed).

McDermott Developments Limited reported £7.1m profit in the year to 31 Dec 2025, down 12% on the year before; its revenue was not disclosed. It had 52 employees. The company is classified under “development of building projects” and is based in Altham; we hold 4 years of its filed accounts.

Profit onlySection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: Altham, North West
Age: 34 yrs · since 1992
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 is under the control of its directors, S McDermott and C Davies, and their children.”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£7.1m

Growth ▼12%

Profit margin

—

Employees

Change ▲18.2%

Profit / employee

£137k

Profitable streak

4yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Cost of sales	£32.7m	£29.6m	£19.7m	£20.8m
Profit after tax	£10.9m	£11.6m	£8.1m	£7.1m
Profit (best available)	£10.9m	£11.6m	£8.1m	£7.1m
Staff costs	£2.7m	£2.8m	£3m	£3.5m
Employees (average)	49	49	44	52
Ratios
Profit margin	—	—	—	—
Profit per employee	£222k	£236k	£184k	£137k
Growth (year on year)
Profit growth	—	▲6.1%	▼30.1%	▼12%
Headcount growth	—	0%	▼10.2%	▲18.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£36.4m	£47.6m	£37.6m	£33.2m
Net assets	£77.1m	£88.7m	£96.8m	£104m
Fixed assets	£614k	£567k	£592k	£631k
Current assets	£84m	£93.8m	£103m	£111m
Debtors	£223k	£447k	£239k	£154k
Deferred income	£1.8m	£1.4m	£955k	£1.3m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £137k; 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: ▲7%; Now £104m
Cash at bank: ▼12%; Now £33.2m
Headcount: ▲18%; Now 52
Deferred income: ▲39%; Now £1.3m
Fixed assets: ▲7%; Now £631k

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

Subsidiaries (5)

Allegro Corporation LimitedRev. — · Profit £437k
Bystone Properties LimitedFigures not disclosed
Landway Properties LimitedRev. — · Profit £1.5m
McDermott Homes LimitedRev. — · Profit £245k
Suncrest Properties 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 FullAccounts for the year to 31 Dec 2025 (profit £7.1m), from the Companies House accounts bulk data published Sep 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.