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Company No. 04005808 · Incorporated 1 Jun 2000

Mayden House Limited

Registered name: MAYDEN HOUSE LIMITED

Part of G Square Healthcare Private Equity LLP group

Mayden House Limited made £12.6m revenue and £1.4m profit in the year to 31 Mar 2025.

Mayden House Limited’s revenue grew 9% to £12.6m in the year to 31 Mar 2025, with £1.4m profit and 150 employees. The company is classified under “business and domestic software development” and is based in Bath; we hold 4 years of its filed accounts.

Status
Active
Location
Bath, South West
Age
26 yrs · since 2000
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 31 Mar 2025

Key figures

Operating leverage
Revenue
£12.6m
Growth ▲9.3%
Profit
£1.4m
Growth ▲20.2%
Profit margin
11.1%
Gross 43.5%
Employees
150
Change ▲8.7%
Profit / employee
£9.3k
Revenue/employee £84k
Profitable streak
4yrs
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£8.4m£9.8m£11.5m£12.6m
Cost of sales£4.5m£5.3m£6.3m£7.1m
Gross profit£3.9m£4.5m£5.2m£5.5m
Operating profit——£1.3m£1.4m
Profit before tax£2.1m£2m£1.1m£1.2m
Profit after tax£1.8m£1.8m£1.2m£1.4m
Profit (best available)£1.8m£1.8m£1.2m£1.4m
Staff costs£4.2m£4.7m£6.2m£6.2m
Employees (average)107119138150
Ratios
Profit margin21.6%18.8%10%11.1%
Gross margin46.6%46.3%45.1%43.5%
Revenue per employee£78.8k£82.2k£83.6k£84k
Profit per employee£17k£15.5k£8.4k£9.3k
Cash conversion——431.1%—
Growth (year on year)
Revenue growth—▲16.1%▲17.8%▲9.3%
Profit growth—▲1.2%▼37%▲20.2%
Headcount growth—▲11.2%▲16%▲8.7%
Balance sheet — indirect signals, not revenue
Cash at bank£5.6m£2.5m£1.9m£2.2m
Net assets£7.9m£9.5m£6.5m£7.8m
Fixed assets£5.3m£5.6m£5.8m£5.9m
Current assets£8.6m£11.4m£5.8m£7.3m
Debtors£2.2m£3.8m£2.1m£1.6m
Deferred income——£1.8m£1.4m
Cash from operations£2.7m−£1.6m£5.5m—
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Mar 2025FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
11.1%
Profit ÷ revenue.
Gross margin
43.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£84k
Revenue ÷ average employees.
Profit per employee
£9.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
46.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.6%
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
▲22%
Now £7.8m
Cash at bank
▲14%
Now £2.2m
Headcount
▲9%
Now 150
Deferred income
▼24%
Now £1.4m
Fixed assets
▲1%
Now £5.9m

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

  1. G Square Healthcare Private Equity LLPultimate parent75–100%
  2. G Square Managing Member Limited75–100%
  3. G Square Capital (GP) IV LLP50–75%
  4. MHL Topco Limited75–100%
  5. MHL Midco Limited75–100%
  6. MHL Bidco Limited75–100%
  7. Mayden Ventures Limited75–100%
  8. Mayden House 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 31 Mar 2025 (profit £1.4m), from the Companies House accounts bulk data published Jul 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.