How much does Martin and Company Accountants Limited make?

Martin and Company Accountants Limited reported revenue of £11.1m and £3.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Martin and Company Accountants Limited have?

Martin and Company Accountants Limited reported an average of 77 employees in the year to 31 Mar 2025.

Is Martin and Company Accountants Limited profitable?

Yes — Martin and Company Accountants Limited reported a profit of £3.2m in the year to 31 Mar 2025.

Company No. 07111497 · Incorporated 23 Dec 2009

Martin and Company Accountants Limited

Registered name: MARTIN AND COMPANY ACCOUNTANTS LIMITED

Part of Eci Partners LLP group

Martin and Company Accountants Limited made £11.1m revenue and £3.2m profit in the year to 31 Mar 2025.

Martin and Company Accountants Limited’s revenue grew 17% to £11.1m in the year to 31 Mar 2025, with £3.2m profit and 77 employees. The company is classified under “accounting and auditing activities” and is based in Winchester; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69201Accounting and auditing activities

Status: Active
Location: Winchester, South East
Age: 16 yrs · since 2009
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 leverageCash flow filed

Revenue

£11.1m

Growth ▲17.5%

Profit

£3.2m

Growth ▲18.4%

Profit margin

29%

Gross 50.1%

Employees

Change ▲6.9%

Profit / employee

£41.6k

Revenue/employee £144k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£8.9m	£9.4m	£11.1m
Cost of sales	—	£3.1m	£3.5m	£5.5m
Gross profit	—	£5.8m	£6m	£5.5m
Operating profit	—	£3.8m	£3.9m	£4.3m
Profit before tax	—	£4m	£3.7m	£4.3m
Profit after tax	—	£3.2m	£2.7m	£3.2m
Profit (best available)	—	£3.2m	£2.7m	£3.2m
Staff costs	—	£3.8m	£4.2m	£5.2m
Employees (average)	64	67	72	77
Ratios
Profit margin	—	35.7%	28.7%	29%
Gross margin	—	65.2%	63.3%	50.1%
Revenue per employee	—	£133k	£131k	£144k
Profit per employee	—	£47.4k	£37.6k	£41.6k
Cash conversion	—	−90.9%	−95.1%	−59.3%
Growth (year on year)
Revenue growth	—	—	▲6%	▲17.5%
Profit growth	—	—	▼14.6%	▲18.4%
Headcount growth	—	▲4.7%	▲7.5%	▲6.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£182k	£1.4k	£376k	£646k
Net assets	£2.6m	£3.6m	£3.1m	£6.3m
Fixed assets	£1.6m	£1.7m	£1.2m	£1.3m
Current assets	£3.4m	£4m	£4.7m	£7.2m
Debtors	£3m	£3.1m	£3.3m	£4.1m
Deferred income	—	£63.4k	£40.5k	£161k
Cash from operations	—	−£3.5m	−£3.7m	−£2.5m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 29%; Profit ÷ revenue.
Gross margin: 50.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £144k; Revenue ÷ average employees.
Profit per employee: £41.6k; Profit ÷ average employees.
Cash conversion: −59.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 37.5%; 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: ▲103%; Now £6.3m
Cash at bank: ▲72%; Now £646k
Headcount: ▲7%; Now 77
Deferred income: ▲298%; Now £161k
Fixed assets: ▲15%; Now £1.3m

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

Eci Partners LLPultimate parent75–100%
Eci 12 Nominees Limited75–100%
Hamsard 3215621 Topco Limited75–100%
Hamsard 3215621 Midco Limited75–100%
Hamsard 3215621 Bidco Limited75–100%
Project Numbers Topco Limited75–100%
Project Numbers Midco Limited75–100%
Project Numbers Bidco Limited75–100%
Shaw Gibbs Limited75–100%
Martin and Company Accountants Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

Martin and Company (Company Secretaries) LimitedFigures not disclosed
Martin and Company (Nominees) LimitedFigures not disclosed
Martin and Company Audit LimitedFigures not disclosed

Sister companies (5)

Firmvalue Payrolls LimitedFigures not disclosed
Reality HR LimitedFigures not disclosed
Sestini & Co LtdFigures not disclosed
Shaw Gibbs Trust Corporation LimitedFigures not disclosed
Southern Corporate Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.