Marcoe Engineering Limited
Registered name: MARCOE ENGINEERING LIMITED
Part of Marcoe Group Ltd groupMarcoe Engineering Limited made £15.7m revenue and £1.2m profit in the year to 30 Sep 2025.
Marcoe Engineering Limited’s revenue grew 27% to £15.7m in the year to 30 Sep 2025, with £1.2m profit and 48 employees. The company is classified under “electrical installation” and is based in Welwyn Garden City; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Welwyn Garden City, East of England
- Age
- 27 yrs · since 1999
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.2m | £12.5m | £12.3m | £15.7m |
| Cost of sales | £13.1m | £10.2m | £11.3m | £12.2m |
| Gross profit | £2.1m | £2.2m | £1m | £3.5m |
| Operating profit | £450k | £639k | −£750k | £1.2m |
| Profit before tax | £442k | £619k | −£746k | £1.2m |
| Profit after tax | £514k | £688k | −£729k | £1.2m |
| Profit (best available) | £514k | £688k | −£729k | £1.2m |
| Staff costs | £1.9m | £1.9m | £2.1m | £2.6m |
| Employees (average) | 41 | 40 | 45 | 48 |
| Ratios | ||||
| Profit margin | 3.4% | 5.5% | −5.9% | 7.6% |
| Gross margin | 13.8% | 17.8% | 8.4% | 22.4% |
| Revenue per employee | £370k | £311k | £274k | £326k |
| Profit per employee | £12.5k | £17.2k | −£16.2k | £24.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼17.9% | ▼1% | ▲26.9% |
| Profit growth | — | ▲33.9% | ▼206% | — |
| Headcount growth | — | ▼2.4% | ▲12.5% | ▲6.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £68.3k | £1.5m | £538k | £2.1m |
| Net assets | £3.4m | £4.1m | £3.4m | £4.5m |
| Fixed assets | £25.3k | £17.7k | £100k | £116k |
| Current assets | £6.5m | £5.8m | £5.6m | £6.8m |
| Debtors | £3.6m | £1.2m | £1.2m | £1.1m |
| Deferred income | £118k | £120k | £29k | £259k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 7.6%
- Profit ÷ revenue.
- Gross margin
- 22.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £326k
- Revenue ÷ average employees.
- Profit per employee
- £24.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▲35%
- Now £4.5m
- Cash at bank
- ▲299%
- Now £2.1m
- Headcount
- ▲7%
- Now 48
- Deferred income
- ▲791%
- Now £259k
- Fixed assets
- ▲16%
- Now £116k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Marcoe Group Ltdultimate parent75–100%
- Marcoe Engineering Services Limited75–100%
- Marcoe Engineering 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).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.2m), 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.