Mayden House Limited
Registered name: MAYDEN HOUSE LIMITED
Part of G Square Healthcare Private Equity LLP groupMayden 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 107 | 119 | 138 | 150 |
| Ratios | ||||
| Profit margin | 21.6% | 18.8% | 10% | 11.1% |
| Gross margin | 46.6% | 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 | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jul 2025 |
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.
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.
Group structure
Ownership chain
- G Square Healthcare Private Equity LLPultimate parent75–100%
- G Square Managing Member Limited75–100%
- G Square Capital (GP) IV LLP50–75%
- MHL Topco Limited75–100%
- MHL Midco Limited75–100%
- MHL Bidco Limited75–100%
- Mayden Ventures Limited75–100%
- 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.