How much does One Mep Ltd make?

One Mep Ltd reported revenue of £12.3m and £490k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does One Mep Ltd have?

One Mep Ltd reported an average of 20 employees in the year to 31 Mar 2025.

Is One Mep Ltd profitable?

Yes — One Mep Ltd reported a profit of £490k in the year to 31 Mar 2025.

Company No. 14442153 · Incorporated 25 Oct 2022

One Mep Ltd

Registered name: ONE MEP LTD

Part of Colombe Group Ltd group

One Mep Ltd made £12.3m revenue and £490k profit in the year to 31 Mar 2025.

One Mep Ltd’s revenue grew 8% to £12.3m in the year to 31 Mar 2025, with £490k profit and 20 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Bedford; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Bedford, South East
Age: 3 yrs · since 2022
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightYoung and profitableOperating leverageBoring industry

Revenue

£12.3m

Growth ▲8.3%

Profit

£490k

Growth ▲72.1%

Profit margin

Gross 14.5%

Employees

Change ▲5.3%

Profit / employee

£24.5k

Revenue/employee £616k

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 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.1m	£11.4m	£12.3m
Cost of sales	£6.2m	£10m	£10.5m
Gross profit	£851k	£1.4m	£1.8m
Operating profit	—	£287k	£736k
Profit before tax	£297k	£296k	£735k
Profit after tax	£297k	£285k	£490k
Profit (best available)	£297k	£285k	£490k
Staff costs	£459k	£729k	£197k
Employees (average)	18	19	20
Ratios
Profit margin	4.2%	2.5%	4%
Gross margin	12%	12%	14.5%
Revenue per employee	£392k	£599k	£616k
Profit per employee	£16.5k	£15k	£24.5k
Growth (year on year)
Revenue growth	—	—	▲8.3%
Profit growth	—	—	▲72.1%
Headcount growth	—	—	▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£0	£158k	£1.7m
Net assets	£297k	£582k	£1.1m
Fixed assets	£0	£44.2k	£33.9k
Current assets	£7.1m	£2.5m	£7m
Debtors	£6.8m	£857k	£3.3m
Deferred income	£6.2m	£822k	£3.3m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 14.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £616k; Revenue ÷ average employees.
Profit per employee: £24.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 26.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.9%; 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: ▲84%; Now £1.1m
Cash at bank: ▲1006%; Now £1.7m
Headcount: ▲5%; Now 20
Deferred income: ▲303%; Now £3.3m
Fixed assets: ▼23%; Now £33.9k

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

Corporate ownership

Group structure

Ownership chain

Colombe Group Ltdultimate parent75–100%
Red Group Limited75–100%
One Mep Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

Red Construction South West LimitedRev. £41.1m · Profit £1.3m
Red Construction East LimitedFigures not disclosed
Red Construction London LimitedFigures not disclosed
Red Construction Major Projects LimitedRev. — · Profit £1.3m
Tailored Construction LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £490k), from the Companies House accounts bulk data published Oct 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.