How much does McNally and Thompson (UK Contracts) Limited make?

McNally and Thompson (UK Contracts) Limited reported revenue of £15.1m and a loss of £28.1k in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does McNally and Thompson (UK Contracts) Limited have?

McNally and Thompson (UK Contracts) Limited reported an average of 58 employees in the year to 30 Apr 2025.

Is McNally and Thompson (UK Contracts) Limited profitable?

No — McNally and Thompson (UK Contracts) Limited reported a loss of £28.1k in the year to 30 Apr 2025.

Company No. 03485540 · Incorporated 18 Dec 1997

McNally and Thompson (UK Contracts) Limited

Registered name: MCNALLY AND THOMPSON (UK CONTRACTS) LIMITED

Part of H.malone and Sons Limited group

McNally and Thompson (UK Contracts) Limited made £15.1m revenue and a £28.1k loss in the year to 30 Apr 2025.

McNally and Thompson (UK Contracts) Limited’s revenue fell 11% to £15.1m in the year to 30 Apr 2025, with a loss of £28.1k and 58 employees. The company is classified under “electrical installation” and is based in Tyne and Wear; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Tyne and Wear, North East
Age: 28 yrs · since 1997
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-lightBoring industry

Revenue

£15.1m

Growth ▼11.4%

Profit

−£28.1k

Growth ▼113.2%

Profit margin

−0.2%

Gross 13.9%

Employees

Change ▼14.7%

Profit / employee

−£484

Revenue/employee £261k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.2m	£24.1m	£17.1m	£15.1m
Cost of sales	£12.4m	£21.8m	£15.3m	£13m
Gross profit	£1.8m	£2.3m	£1.8m	£2.1m
Operating profit	£576k	£662k	£316k	−£49.9k
Profit before tax	£564k	£656k	£304k	−£40.2k
Profit after tax	£492k	£583k	£212k	−£28.1k
Profit (best available)	£492k	£583k	£212k	−£28.1k
Staff costs	£2.7m	£3.9m	£3.3m	£2.7m
Employees (average)	—	0	68	58
Ratios
Profit margin	3.5%	2.4%	1.2%	−0.2%
Gross margin	12.6%	9.6%	10.4%	13.9%
Revenue per employee	—	—	£251k	£261k
Profit per employee	—	—	£3.1k	−£484
Cash conversion	117.4%	23.3%	—	—
Growth (year on year)
Revenue growth	—	—	—	▼11.4%
Profit growth	—	—	—	▼113.2%
Headcount growth	—	—	—	▼14.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£947k	£365k	£1.4m
Net assets	£1.2m	£1.7m	£1.9m	£1.9m
Fixed assets	£107k	£148k	£175k	£58.2k
Current assets	£4m	£5.6m	£4.4m	£2.6m
Debtors	£2.8m	£4m	£3.1m	£547k
Deferred income	£333k	£666k	£923k	£631k
Cash from operations	£676k	£154k	—	—
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 13.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £261k; Revenue ÷ average employees.
Profit per employee: −£484; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.6%; 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: ▼1%; Now £1.9m
Cash at bank: ▲293%; Now £1.4m
Headcount: ▼15%; Now 58
Deferred income: ▼32%; Now £631k
Fixed assets: ▼67%; Now £58.2k

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

H.malone and Sons Limitedultimate parent75–100%
McNally and Thompson (UK Contracts) Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£28.1k), from the Companies House accounts bulk data published Jan 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.