How much does Maffeis Engineering (UK) Limited make?

Maffeis Engineering (UK) Limited reported revenue of £355k and £50.4k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Maffeis Engineering (UK) Limited have?

Maffeis Engineering (UK) Limited reported an average of 5 employees in the year to 31 Dec 2024.

Is Maffeis Engineering (UK) Limited profitable?

Yes — Maffeis Engineering (UK) Limited reported a profit of £50.4k in the year to 31 Dec 2024.

Company No. 10788504 · Incorporated 25 May 2017

Maffeis Engineering (UK) Limited

Registered name: MAFFEIS ENGINEERING (UK) LIMITED

Maffeis Engineering (UK) Limited made £355k revenue and £50.4k profit in the year to 31 Dec 2024.

Maffeis Engineering (UK) Limited’s revenue fell 24% to £355k in the year to 31 Dec 2024, with £50.4k profit and 5 employees. The company is classified under “other engineering activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities

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. From the filing: “Maffeis Engineering SPA”

Latest accounts · year to 31 Dec 2024

Key figures

Small team

Revenue

£355k

Growth ▼23.6%

Profit

£50.4k

Growth ▲311.3%

Profit margin

14.2%

Gross 66.7%

Employees

Change ▲25%

Profit / employee

£10.1k

Revenue/employee £71.1k

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	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£371k	£465k	£355k
Cost of sales	£146k	£312k	£118k
Gross profit	£225k	£153k	£237k
Operating profit	£89.9k	£17.8k	£66.7k
Profit before tax	£89.5k	£16.9k	£66.7k
Profit after tax	£72.7k	£12.3k	£50.4k
Profit (best available)	£72.7k	£12.3k	£50.4k
Employees (average)	4	4	5
Ratios
Profit margin	19.6%	2.6%	14.2%
Gross margin	60.6%	32.9%	66.7%
Revenue per employee	£92.7k	£116k	£71.1k
Profit per employee	£18.2k	£3.1k	£10.1k
Growth (year on year)
Revenue growth	—	▲25.4%	▼23.6%
Profit growth	—	▼83.1%	▲311.3%
Headcount growth	—	0%	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£126k	£300k	£207k
Net assets	£160k	£173k	£223k
Fixed assets	£579	£193	—
Current assets	£297k	£400k	£335k
Debtors	£170k	£92.4k	£123k
Deferred income	£14k	£16.1k	£17k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 14.2%; Profit ÷ revenue.
Gross margin: 66.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £71.1k; Revenue ÷ average employees.
Profit per employee: £10.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 34.5%; 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: ▲29%; Now £223k
Cash at bank: ▼31%; Now £207k
Headcount: ▲25%; Now 5
Deferred income: ▲5%; Now £17k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £50.4k), from the Companies House accounts bulk data published Sep 2025. 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.