How much does Morcom Construction Limited make?

Morcom Construction Limited reported revenue of £8.5m and £260k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Morcom Construction Limited have?

Morcom Construction Limited reported an average of 74 employees in the year to 31 Dec 2025.

Is Morcom Construction Limited profitable?

Yes — Morcom Construction Limited reported a profit of £260k in the year to 31 Dec 2025.

Company No. 04557318 · Incorporated 9 Oct 2002

Morcom Construction Limited

Registered name: MORCOM CONSTRUCTION LIMITED

Part of R & R Morcom Holdings Limited group

Morcom Construction Limited made £8.5m revenue and £260k profit in the year to 31 Dec 2025. read from filing text

Morcom Construction Limited’s revenue fell 27% to £8.5m in the year to 31 Dec 2025, with £260k profit and 74 employees. The company is classified under “construction of domestic buildings” and is based in Cornwall; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings

Status: Active
Location: Cornwall, South West
Age: 24 yrs · since 2002
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: “The parent company of Morcom Construction Limited is R & R Morcom Holdings Limited and its registered office is 9 Tregarne Terrace, St Austell, Cornwall, PL25 4DD.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£8.5m

Growth ▼27.4%

Profit

£260k

Growth ▼65.8%

Profit margin

3.1%

Gross 21.3%

Employees

Change ▼5.1%

Profit / employee

£3.5k

Revenue/employee £115k

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.1m	£10.7m	£11.7m	£8.5m
Cost of sales	£10m	£8.4m	£9.6m	£6.7m
Gross profit	£3m	£2.3m	£2.1m	£1.8m
Operating profit	£1.7m	£708k	£945k	£363k
Profit before tax	£1.7m	£671k	£919k	£352k
Profit after tax	£1.4m	£635k	£761k	£260k
Profit (best available)	£1.4m	£635k	£761k	£260k
Employees (average)	80	78	78	74
Ratios
Profit margin	10.8%	5.9%	6.5%	3.1%
Gross margin	23.3%	21.8%	17.9%	21.3%
Revenue per employee	£164k	£138k	£150k	£115k
Profit per employee	£17.7k	£8.1k	£9.8k	£3.5k
Cash conversion	−63.9%	−226.9%	−88.4%	−312.1%
Growth (year on year)
Revenue growth	—	▼17.9%	▲8.8%	▼27.4%
Profit growth	—	▼55.2%	▲19.9%	▼65.8%
Headcount growth	—	▼2.5%	0%	▼5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£406k	£184k	£589k	£680k
Net assets	£3.2m	£2.2m	£2.6m	£2.3m
Fixed assets	£939k	£1m	£720k	£633k
Current assets	£3.6m	£2.4m	£3.1m	£2.6m
Debtors	£2.2m	£1.5m	£1.8m	£911k
Deferred income	£56.5k	£82.4k	£87.8k	£79.8k
Cash from operations	−£1.1m	−£1.6m	−£836k	−£1.1m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 3.1%; Profit ÷ revenue.
Gross margin: 21.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £115k; Revenue ÷ average employees.
Profit per employee: £3.5k; Profit ÷ average employees.
Cash conversion: −312.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.8%; 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: ▼13%; Now £2.3m
Cash at bank: ▲16%; Now £680k
Headcount: ▼5%; Now 74
Deferred income: ▼9%; Now £79.8k
Fixed assets: ▼12%; Now £633k

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

R & R Morcom Holdings Limitedultimate parent75–100%
Morcom Construction 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 31 Dec 2025 (profit £260k), from the Companies House accounts bulk data published May 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.