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Company No. NI015426 · Incorporated 18 Feb 1982

Murdock Hardwood Industries Limited

Registered name: MURDOCK HARDWOOD INDUSTRIES LIMITED

Part of Aidan Murdock And Martin Murdock As Executors Of The Estate Of Noel Murdock Deceased group

Murdock Hardwood Industries Limited made £14.1m revenue and £320k profit in the year to 31 Mar 2025.

Murdock Hardwood Industries Limited’s revenue grew 3% to £14.1m in the year to 31 Mar 2025, with £320k profit and 33 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Co.down; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores
Status
Active
Location
Co.down, Northern Ireland
Age
44 yrs · since 1982
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-lightOperating leverageCash flow filed
Revenue
£14.1m
Growth ▲3.5%
Profit
£320k
Growth ▲109.4%
Profit margin
2.3%
Gross 29.2%
Employees
33
Change 0%
Profit / employee
£9.7k
Revenue/employee £427k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£15.5m£15.1m£13.6m£14.1m
Cost of sales£11.9m£11.4m£10.3m£10m
Gross profit£3.6m£3.7m£3.3m£4.1m
Operating profit£902k£1m£181k£986k
Profit before tax£924k£1.1m£217k£443k
Profit after tax£721k£847k£153k£320k
Profit (best available)£721k£847k£153k£320k
Staff costs£2m£2m£2.4m£2.2m
Employees (average)37373333
Ratios
Profit margin4.7%5.6%1.1%2.3%
Gross margin23%24.8%24.5%29.2%
Revenue per employee£419k£409k£413k£427k
Profit per employee£19.5k£22.9k£4.6k£9.7k
Cash conversion0.2%162.7%64.6%133.9%
Growth (year on year)
Revenue growth—▼2.4%▼10%▲3.5%
Profit growth—▲17.4%▼81.9%▲109.4%
Headcount growth—0%▼10.8%0%
Balance sheet — indirect signals, not revenue
Cash at bank£3m£4.4m£4.1m£5.2m
Net assets£9.8m£10.7m£10.8m£11.1m
Fixed assets£1.1m£1.1m£1.3m£1.3m
Current assets£10.4m£11.3m£11m£12.1m
Debtors£3.4m£3.4m£3.1m£3.2m
Deferred income£630k£623k£654k£758k
Cash from operations£2.2k£1.7m£117k£1.3m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
2.3%
Profit ÷ revenue.
Gross margin
29.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£427k
Revenue ÷ average employees.
Profit per employee
£9.7k
Profit ÷ average employees.
Cash conversion
133.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
22.8%
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
▲3%
Now £11.1m
Cash at bank
▲27%
Now £5.2m
Headcount
0%
Now 33
Deferred income
▲16%
Now £758k
Fixed assets
▲5%
Now £1.3m

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

  1. Aidan Murdock And Martin Murdock As Executors Of The Estate Of Noel Murdock Deceased (registered outside the UK register)ultimate parent75–100%
  2. Murdock Hardwood Industries 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £320k), from the Companies House accounts bulk data published Dec 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.