How much does O'Hare & McGovern Limited make?

O'Hare & McGovern Limited reported revenue of £617k and a loss of £728k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does O'Hare & McGovern Limited have?

O'Hare & McGovern Limited reported an average of 34 employees in the year to 31 Dec 2024.

Is O'Hare & McGovern Limited profitable?

No — O'Hare & McGovern Limited reported a loss of £728k in the year to 31 Dec 2024.

Company No. NI011033 · Incorporated 27 Nov 1975

O'Hare & McGovern Limited

Registered name: O'HARE & MCGOVERN LIMITED

Part of Carnbane Estates Limited group

O'Hare & McGovern Limited made £617k revenue and a £728k loss in the year to 31 Dec 2024.

O'Hare & McGovern Limited’s revenue fell 86% to £617k in the year to 31 Dec 2024, with a loss of £728k and 34 employees. The company is classified under “construction of commercial buildings” and is based in Carnbane,newry; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Carnbane,newry, Northern Ireland
Age: 50 yrs · since 1975
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: “Carnbane House Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£617k

Growth ▼86.1%

Profit

−£728k

Growth —

Profit margin

−118%

Gross 33.7%

Employees

Change ▼35.9%

Profit / employee

−£21.4k

Revenue/employee £18.2k

Profitable streak

0yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.6m	£4.4m	£617k
Cost of sales	£6.9m	£4.8m	£409k
Gross profit	−£1.3m	−£335k	£208k
Operating profit	−£3.5m	−£250k	−£729k
Profit before tax	−£3.5m	−£249k	−£728k
Profit after tax	−£3.5m	−£1.2m	−£728k
Profit (best available)	−£3.5m	−£1.2m	−£728k
Staff costs	£3.1m	£2.8m	£2.4m
Employees (average)	61	53	34
Ratios
Profit margin	−62.6%	−27.7%	−118%
Gross margin	−23.3%	−7.6%	33.7%
Revenue per employee	£91.6k	£83.6k	£18.2k
Profit per employee	−£57.3k	−£23.1k	−£21.4k
Growth (year on year)
Revenue growth	—	▼20.7%	▼86.1%
Headcount growth	—	▼13.1%	▼35.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£107k	£28.5k	£5.3k
Net assets	£3.3m	£2.1m	£1.3m
Fixed assets	£243k	£183k	£137k
Current assets	£7.7m	£5.9m	£5.4m
Debtors	£562k	£98k	£20.3k
Deferred income	£2.1m	£1.4m	£190k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −118%; Profit ÷ revenue.
Gross margin: 33.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £18.2k; Revenue ÷ average employees.
Profit per employee: −£21.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 30.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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: ▼35%; Now £1.3m
Cash at bank: ▼81%; Now £5.3k
Headcount: ▼36%; Now 34
Deferred income: ▼87%; Now £190k
Fixed assets: ▼25%; Now £137k

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

Carnbane Estates Limitedultimate parent75–100%
Ohmg (Holdings) Limited75–100%
Carnbane House Limited75–100%
O'Hare & McGovern 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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£728k), 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.