Skip to content
CompanySight
Company No. 14139915 · Incorporated 30 May 2022

Merrigan & Doherty Holdings Limited

Registered name: MERRIGAN & DOHERTY HOLDINGS LIMITED

Merrigan & Doherty Holdings Limited made £19.9m revenue and £3.1m profit in the year to 30 Nov 2025. read from filing text

Merrigan & Doherty Holdings Limited’s revenue grew 12% to £19.9m in the year to 30 Nov 2025, with £3.1m profit and 35 employees. The company is classified under “activities of other holding companies” and is based in Leicester; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.
Status
Active
Location
Leicester, East Midlands
Age
4 yrs · since 2022
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 30 Nov 2025

Key figures

IndependentCapital-lightYoung and profitableOperating leverage
Revenue
£19.9m
Growth ▲11.7%
Profit
£3.1m
Growth ▲42.5%
Profit margin
15.4%
Gross 30.1%
Employees
35
Change ▲2.9%
Profit / employee
£87.2k
Revenue/employee £567k
Profitable streak
4yrs
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 to30 Nov 202230 Nov 202330 Nov 202430 Nov 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£20.1m£16.8m£17.8m£19.9m
Cost of sales£14.6m£11.9m£13.4m£13.9m
Gross profit£5.4m£5m£4.4m£6m
Operating profit£3.9m£3.3m£2.5m£3.8m
Profit before tax£4m£3.5m£2.9m£4.1m
Profit after tax£3.2m£2.7m£2.1m£3.1m
Profit (best available)£3.2m£2.7m£2.1m£3.1m
Employees (average)34343435
Ratios
Profit margin15.9%15.8%12%15.4%
Gross margin27%29.5%24.7%30.1%
Revenue per employee£590k£495k£523k£567k
Profit per employee£93.8k£78.3k£63k£87.2k
Growth (year on year)
Revenue growth—▼16.1%▲5.6%▲11.7%
Profit growth—▼16.5%▼19.5%▲42.5%
Headcount growth—0%0%▲2.9%
Balance sheet — indirect signals, not revenue
Cash at bank£715k£1.9m£2.1m£2.3m
Net assets£1.3m£1.9m£2.7m£4.4m
Fixed assets£1.4m£1.4m£1.4m£1.4m
Current assets£715k£2.3m£2.3m£3.1m
Debtors£0£0£0£0
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
15.4%
Profit ÷ revenue.
Gross margin
30.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£567k
Revenue ÷ average employees.
Profit per employee
£87.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲66%
Now £4.4m
Cash at bank
▲11%
Now £2.3m
Headcount
▲3%
Now 35
Deferred income
—
Now —
Fixed assets
0%
Now £1.4m
Corporate ownership

Group structure

Subsidiaries (2)

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

Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £3.1m), from the Companies House accounts bulk data published Aug 2026. 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.