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Company No. 11645764 · Incorporated 26 Oct 2018

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.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activities
Status
Active
Location
London, London
Age
7 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£42.8m
Growth ▲48.4%
Profit
£3.4m
Growth ▲57.9%
Profit margin
7.9%
Gross 21.2%
Employees
52
Change ▲15.6%
Profit / employee
£65.2k
Revenue/employee £824k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull 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)694552
Ratios
Profit margin5.7%7.4%7.9%
Gross margin21.7%23.4%21.2%
Revenue per employee£516k£642k£824k
Profit per employee£29.5k£47.8k£65.2k
Cash conversion83.2%−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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

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.
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
▲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.