How much does Redworx Mep Limited make?

Redworx Mep Limited reported revenue of £41m and £2.7m profit in the year to 30 Apr 2026, according to its accounts filed at Companies House.

How many employees does Redworx Mep Limited have?

Redworx Mep Limited reported an average of 40 employees in the year to 30 Apr 2026.

Is Redworx Mep Limited profitable?

Yes — Redworx Mep Limited reported a profit of £2.7m in the year to 30 Apr 2026.

Company No. 15205241 · Incorporated 11 Oct 2023

Redworx Mep Limited

Registered name: REDWORX MEP LIMITED

Part of Samuel House Holdings Limited group

Redworx Mep Limited made £41m revenue and £2.7m profit in the year to 30 Apr 2026.

Redworx Mep Limited’s revenue grew 144% to £41m in the year to 30 Apr 2026, with £2.7m profit and 40 employees. The company is classified under “electrical installation” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation SIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: London, London
Age: 3 yrs · since 2023
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: “The financial statements of Redworx MEP Limited are included in the consolidated financial statements of Samuel House Holdings Limited. The consolidated financial statements are available to the publi”

Latest accounts · year to 30 Apr 2026

Key figures

Capital-lightYoung and profitableOperating leverageBoring industryCash flow filed

Revenue

£41m

Growth ▲144.3%

Profit

£2.7m

Growth ▲239.7%

Profit margin

6.5%

Gross 13.9%

Employees

Change ▲100%

Profit / employee

£66.3k

Revenue/employee £1m

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	30 Apr 2024	30 Apr 2025	30 Apr 2026
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.7m	£16.8m	£41m
Cost of sales	£2.9m	£14.1m	£35.3m
Gross profit	£845k	£2.7m	£5.7m
Operating profit	£486k	£1.1m	£3.4m
Profit before tax	£486k	£1.1m	£3.4m
Profit after tax	£347k	£781k	£2.7m
Profit (best available)	£347k	£781k	£2.7m
Staff costs	£604k	£2.5m	£4.8m
Employees (average)	9	20	40
Ratios
Profit margin	9.3%	4.7%	6.5%
Gross margin	22.6%	16%	13.9%
Revenue per employee	£416k	£839k	£1m
Profit per employee	£38.6k	£39k	£66.3k
Cash conversion	−105.3%	−154.4%	−82.8%
Growth (year on year)
Revenue growth	—	—	▲144.3%
Profit growth	—	—	▲239.7%
Headcount growth	—	—	▲100%
Balance sheet — indirect signals, not revenue
Cash at bank	£588k	£2.1m	£4.1m
Net assets	£347k	£1.1m	£3.3m
Fixed assets	£4.4k	£33.8k	£89.9k
Current assets	£1.7m	£6.1m	£13.1m
Debtors	£220k	£1.3m	£4.3m
Deferred income	£545k	£3.3m	£5.2m
Cash from operations	−£512k	−£1.7m	−£2.8m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 6.5%; Profit ÷ revenue.
Gross margin: 13.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1m; Revenue ÷ average employees.
Profit per employee: £66.3k; Profit ÷ average employees.
Cash conversion: −82.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 12.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; 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: ▲196%; Now £3.3m
Cash at bank: ▲100%; Now £4.1m
Headcount: ▲100%; Now 40
Deferred income: ▲55%; Now £5.2m
Fixed assets: ▲166%; Now £89.9k

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

Samuel House Holdings Limitedultimate parent75–100%
Redworx Mep Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2026 (profit £2.7m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.