Myco Contracts Limited
Registered name: MYCO CONTRACTS LIMITED
Part of Myco Group Holdings Limited groupMyco Contracts Limited made £47m revenue and £1.7m profit in the year to 30 Jun 2025.
Myco Contracts Limited’s revenue grew 7% to £47m in the year to 30 Jun 2025, with £1.7m profit and 53 employees. The company is classified under “development of building projects” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 9 yrs · since 2017
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.6m | £35.9m | £43.9m | £47m |
| Cost of sales | £11.5m | £32.4m | £39.4m | £43.2m |
| Gross profit | £2.1m | £3.5m | £4.5m | £3.8m |
| Operating profit | £1.5m | £2.3m | £3m | £1.9m |
| Profit before tax | £1.4m | £2.3m | £3.1m | £2.1m |
| Profit after tax | £1.2m | £2m | £2.3m | £1.7m |
| Profit (best available) | £1.2m | £2m | £2.3m | £1.7m |
| Staff costs | — | £2.3m | £3.3m | £4.4m |
| Employees (average) | 17 | 28 | 38 | 53 |
| Ratios | ||||
| Profit margin | 9.2% | 5.6% | 5.2% | 3.7% |
| Gross margin | 15.6% | 9.8% | 10.3% | 8.1% |
| Revenue per employee | £801k | £1.3m | £1.2m | £886k |
| Profit per employee | £73.4k | £71.9k | £59.6k | £32.9k |
| Cash conversion | — | −215.5% | −67.2% | −188.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲163.7% | ▲22.3% | ▲7% |
| Profit growth | — | ▲61.4% | ▲12.4% | ▼23% |
| Headcount growth | — | ▲64.7% | ▲35.7% | ▲39.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £5m | £6m | £9.9m |
| Net assets | £2.5m | £2.9m | £4.5m | £4.9m |
| Fixed assets | £19.6k | £72.4k | £63k | £75k |
| Current assets | £5m | £10.2m | £15.2m | £23.3m |
| Debtors | £15.3k | £1.1m | £2.4m | £6.4m |
| Deferred income | — | £1.9m | £4.6m | £6.4m |
| Cash from operations | — | −£5.1m | −£2m | −£3.6m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 3.7%
- Profit ÷ revenue.
- Gross margin
- 8.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £886k
- Revenue ÷ average employees.
- Profit per employee
- £32.9k
- Profit ÷ average employees.
- Cash conversion
- −188.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 13.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.7%
- 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
- ▲10%
- Now £4.9m
- Cash at bank
- ▲65%
- Now £9.9m
- Headcount
- ▲39%
- Now 53
- Deferred income
- ▲39%
- Now £6.4m
- Fixed assets
- ▲19%
- Now £75k
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
- Myco Group Holdings Limitedultimate parent75–100%
- Myco Contracts Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Myco Interiors LimitedRev. £24.3m · Profit £915k
- Myco Prima LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- T & B (Contractors) LimitedST. Albans · Development of building projects
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- Bespoke Construction Services LimitedTelford · Development of building projects
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- Profit
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- Marshall Construction (West Yorkshire) LimitedWest Yorkshire · Development of building projects
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- Profit
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- Westgreen Construction LtdLondon · Development of building projects
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.7m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 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.