Maris Contracts Ltd
Registered name: MARIS CONTRACTS LTD
Maris Contracts Ltd made £42.8m revenue and £3.4m profit in the year to 31 Dec 2024.
Maris Contracts Ltd’s revenue grew 48% to £42.8m in the year to 31 Dec 2024, with £3.4m profit and 52 employees. The company is classified under “specialised design activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £35.6m | £28.9m | £42.8m |
| Cost of sales | £27.8m | £22.1m | £33.8m |
| Gross profit | £7.7m | £6.7m | £9.1m |
| Operating profit | £2.3m | £2.8m | £4.5m |
| Profit before tax | £2.2m | £2.8m | £4.5m |
| Profit after tax | £2m | £2.1m | £3.4m |
| Profit (best available) | £2m | £2.1m | £3.4m |
| Staff costs | £4.4m | £3.1m | £3.5m |
| Employees (average) | 69 | 45 | 52 |
| Ratios | |||
| Profit margin | 5.7% | 7.4% | 7.9% |
| Gross margin | 21.7% | 23.4% | 21.2% |
| Revenue per employee | £516k | £642k | £824k |
| Profit per employee | £29.5k | £47.8k | £65.2k |
| Cash conversion | 83.2% | −15.7% | 54.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▼18.9% | ▲48.4% |
| Profit growth | — | ▲5.7% | ▲57.9% |
| Headcount growth | — | ▼34.8% | ▲15.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.5m | £1.1m | £2.6m |
| Net assets | £3.6m | £4.7m | £7.1m |
| Fixed assets | £55.1k | £28.3k | £21.3k |
| Current assets | £7.6m | £12.1m | £13.2m |
| Debtors | £570k | £2.5m | £5.8m |
| Deferred income | £1.9m | £3.5m | £4m |
| Cash from operations | £1.9m | −£442k | £2.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 7.9%
- Profit ÷ revenue.
- Gross margin
- 21.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £824k
- Revenue ÷ average employees.
- Profit per employee
- £65.2k
- Profit ÷ average employees.
- Cash conversion
- 54.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.4%
- 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
- ▲51%
- Now £7.1m
- Cash at bank
- ▲133%
- Now £2.6m
- Headcount
- ▲16%
- Now 52
- Deferred income
- ▲16%
- Now £4m
- Fixed assets
- ▼25%
- Now £21.3k
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
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.4m), from the Companies House accounts bulk data published Jun 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.