McGuinness Brothers Group Ltd
Registered name: MCGUINNESS BROTHERS GROUP LTD
McGuinness Brothers Group Ltd made £21.4m revenue and £3.1m profit in the year to 31 Dec 2024. read from filing text
McGuinness Brothers Group Ltd’s revenue grew 83% to £21.4m in the year to 31 Dec 2024, with £3.1m profit and 12 employees. The company is classified under “activities of other holding companies” and is based in Luton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Luton, East of England
- Age
- 2 yrs · since 2024
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £11.7m | £21.4m |
| Cost of sales | £8.1m | £16.2m |
| Gross profit | £3.6m | £5.3m |
| Operating profit | £2.8m | £4.2m |
| Profit before tax | £2.8m | £4.1m |
| Profit after tax | £1.9m | £3.1m |
| Profit (best available) | £1.9m | £3.1m |
| Employees (average) | 7 | 12 |
| Ratios | ||
| Profit margin | 16.5% | 14.5% |
| Gross margin | 30.8% | 24.5% |
| Revenue per employee | £1.7m | £1.8m |
| Profit per employee | £276k | £259k |
| Growth (year on year) | ||
| Revenue growth | — | ▲83.4% |
| Profit growth | — | ▲60.8% |
| Headcount growth | — | ▲71.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £1 |
| Net assets | £0 | £100 |
| Fixed assets | £0 | £99 |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 14.5%
- Profit ÷ revenue.
- Gross margin
- 24.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.8m
- Revenue ÷ average employees.
- Profit per employee
- £259k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now £100
- Cash at bank
- —
- Now £1
- Headcount
- ▲71%
- Now 12
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £99
Group structure
Subsidiaries (6)
- MGBC LtdRev. £21.4m · Profit £2.8m
- McGuinness Brothers Construction LtdFigures not disclosed
- MGB Land Holdings LtdFigures not disclosed
- MGB Plant Hire LimitedFigures not disclosed
- MGBC Holdings LimitedRev. — · Profit £28.9k
- MGBC Investments LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.1m), 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.