How much does McAndrew Utilities Limited make?

McAndrew Utilities Limited reported revenue of £22.4m and £4.8m profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does McAndrew Utilities Limited have?

McAndrew Utilities Limited reported an average of 35 employees in the year to 30 Nov 2025.

Is McAndrew Utilities Limited profitable?

Yes — McAndrew Utilities Limited reported a profit of £4.8m in the year to 30 Nov 2025.

Company No. 04597665 · Incorporated 21 Nov 2002

McAndrew Utilities Limited

Registered name: MCANDREW UTILITIES LIMITED

Part of McAndrew Utilities Trustees Limited group

McAndrew Utilities Limited made £22.4m revenue and £4.8m profit in the year to 30 Nov 2025.

McAndrew Utilities Limited’s revenue grew 44% to £22.4m in the year to 30 Nov 2025, with £4.8m profit and 35 employees. The company is classified under “development of building projects” and is based in Derby; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: Derby, East Midlands
Age: 23 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.

Latest accounts · year to 30 Nov 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£22.4m

Growth ▲43.9%

Profit

£4.8m

Growth ▲213.2%

Profit margin

21.6%

Gross 43%

Employees

Change ▲20.7%

Profit / employee

£138k

Revenue/employee £640k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.3m	£15.6m	£22.4m
Cost of sales	£14.4m	£10.1m	£12.8m
Gross profit	£7.9m	£5.5m	£9.6m
Operating profit	£4.4m	£1.9m	£6.1m
Profit before tax	£4.6m	£2.1m	£6.2m
Profit after tax	£3.5m	£1.5m	£4.8m
Profit (best available)	£3.5m	£1.5m	£4.8m
Staff costs	£1.2m	£1.2m	£1.5m
Employees (average)	29	29	35
Ratios
Profit margin	15.9%	9.9%	21.6%
Gross margin	35.3%	35.1%	43%
Revenue per employee	£769k	£536k	£640k
Profit per employee	£122k	£53.2k	£138k
Cash conversion	−105.8%	−164.2%	−74.8%
Growth (year on year)
Revenue growth	—	▼30.3%	▲43.9%
Profit growth	—	▼56.4%	▲213.2%
Headcount growth	—	0%	▲20.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£10.1m	£3.6m	£4.2m
Net assets	£12.7m	£5.9m	£7.8m
Fixed assets	£689k	£625k	£604k
Current assets	£15.5m	£8.4m	£10.3m
Debtors	£2.3m	£2.1m	£2.3m
Cash from operations	−£4.6m	−£3.2m	−£4.6m
Source	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 21.6%; Profit ÷ revenue.
Gross margin: 43%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £640k; Revenue ÷ average employees.
Profit per employee: £138k; Profit ÷ average employees.
Cash conversion: −74.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; 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: ▲31%; Now £7.8m
Cash at bank: ▲16%; Now £4.2m
Headcount: ▲21%; Now 35
Deferred income: —; Now —
Fixed assets: ▼3%; Now £604k

Corporate ownership

Group structure

Ownership chain

McAndrew Utilities Trustees Limitedultimate parent75–100%
McAndrew Utilities 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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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £4.8m), from the Companies House accounts bulk data published Aug 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.