Meldrum Construction Services Limited
Registered name: MELDRUM CONSTRUCTION SERVICES LIMITED
Part of Meldrum Construction Services Group Eot Limited groupMeldrum Construction Services Limited made £32.9m revenue and £140k profit in the year to 31 Dec 2025.
Meldrum Construction Services Limited’s revenue fell 19% to £32.9m in the year to 31 Dec 2025, with £140k profit and 38 employees. The company is classified under “construction of commercial buildings” and is based in Gateshead; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gateshead, North East
- Age
- 25 yrs · since 2001
- 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: “Meldrum Construction Services Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £39.4m | £40.5m | £32.9m |
| Cost of sales | £35.7m | £36.4m | £29.7m |
| Gross profit | £3.7m | £4.1m | £3.2m |
| Operating profit | £1m | £1.1m | £202k |
| Profit before tax | £1m | £1.1m | £202k |
| Profit after tax | £915k | £879k | £140k |
| Profit (best available) | £915k | £879k | £140k |
| Staff costs | £2.5m | £2.5m | £2.7m |
| Employees (average) | 47 | 47 | 38 |
| Ratios | |||
| Profit margin | 2.3% | 2.2% | 0.4% |
| Gross margin | 9.5% | 10% | 9.6% |
| Revenue per employee | £839k | £861k | £866k |
| Profit per employee | £19.5k | £18.7k | £3.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.6% | ▼18.7% |
| Profit growth | — | ▼3.9% | ▼84% |
| Headcount growth | — | 0% | ▼19.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6.4m | £6.9m | £6m |
| Net assets | £3.4m | £3.1m | £2.9m |
| Fixed assets | £758k | £777k | £625k |
| Current assets | £15.3m | £20.5m | £16.1m |
| Debtors | £4.2m | £5.8m | £4.4m |
| Deferred income | £4.8m | £8.6m | £5.8m |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 9.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £866k
- Revenue ÷ average employees.
- Profit per employee
- £3.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 17.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.4%
- 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
- ▼8%
- Now £2.9m
- Cash at bank
- ▼14%
- Now £6m
- Headcount
- ▼19%
- Now 38
- Deferred income
- ▼32%
- Now £5.8m
- Fixed assets
- ▼20%
- Now £625k
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
- Meldrum Construction Services Group Eot Limitedultimate parent75–100%
- Meldrum Construction Services Group Limited75–100%
- Meldrum Construction Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Meldrum Structural and Civil Engineering LimitedRev. £17m · Profit £445k
- Meldrum Building Services LimitedFigures not disclosed
- Meldrum Facilities LimitedFigures not disclosed
- Meldrum Fire Engineering LimitedFigures not disclosed
- Meldrum Plant and Transport LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Mascott Construction (Europe) LtdBelfast · Construction of commercial buildings
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £140k), 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.