How much does McGaffin Contracts Limited make?

McGaffin Contracts Limited reported revenue of £12.8m and £724k profit in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does McGaffin Contracts Limited have?

McGaffin Contracts Limited reported an average of 22 employees in the year to 31 Jan 2026.

Is McGaffin Contracts Limited profitable?

Yes — McGaffin Contracts Limited reported a profit of £724k in the year to 31 Jan 2026.

Company No. NI019110 · Incorporated 17 Jan 1986

McGaffin Contracts Limited

Registered name: MCGAFFIN CONTRACTS LIMITED

McGaffin Contracts Limited made £12.8m revenue and £724k profit in the year to 31 Jan 2026.

McGaffin Contracts Limited’s revenue fell 33% to £12.8m in the year to 31 Jan 2026, with £724k profit and 22 employees. The company is classified under “construction of commercial buildings” and is based in Lurgan; we hold 5 years of its filed accounts.

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

Status: Active
Location: Lurgan, Northern Ireland
Age: 40 yrs · since 1986
Type: Private Limited Company

Latest accounts · year to 31 Jan 2026

Key figures

IndependentCapital-lightCash flow filed

Revenue

£12.8m

Growth ▼32.8%

Profit

£724k

Growth ▼65.6%

Profit margin

5.7%

Gross 13.5%

Employees

Change 0%

Profit / employee

£32.9k

Revenue/employee £581k

Profitable streak

5yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025	31 Jan 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.5m	£13.3m	£14m	£19m	£12.8m
Cost of sales	£10.2m	£11.7m	£12.5m	£15.5m	£11.1m
Gross profit	£1.3m	£1.6m	£1.5m	£3.5m	£1.7m
Operating profit	£564k	£756k	£585k	£2.7m	£887k
Profit before tax	£566k	£760k	£630k	£2.8m	£965k
Profit after tax	£458k	£618k	£460k	£2.1m	£724k
Profit (best available)	£458k	£618k	£460k	£2.1m	£724k
Staff costs	£1.2m	£1.4m	£1.3m	£1.3m	£1.3m
Employees (average)	23	18	22	22	22
Ratios
Profit margin	4%	4.7%	3.3%	11%	5.7%
Gross margin	11.3%	12.4%	10.7%	18.4%	13.5%
Revenue per employee	£501k	£739k	£638k	£865k	£581k
Profit per employee	£19.9k	£34.3k	£20.9k	£95.5k	£32.9k
Cash conversion	−205.1%	−125.1%	−99.1%	−82.6%	−28.8%
Growth (year on year)
Revenue growth	—	▲15.4%	▲5.6%	▲35.6%	▼32.8%
Profit growth	—	▲34.8%	▼25.5%	▲356.5%	▼65.6%
Headcount growth	—	▼21.7%	▲22.2%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.9m	£2.9m	£3.3m	£5.1m	£4.6m
Net assets	£3.3m	£3.4m	£3.9m	£6m	£6.6m
Fixed assets	£549k	£527k	£741k	£841k	£771k
Current assets	£5.1m	£5.3m	£6.2m	£7.5m	£8.1m
Debtors	£1.6m	£1.5m	£1.5m	£1.1m	£1.1m
Deferred income	—	£13.2k	£13.5k	£14.7k	—
Cash from operations	−£1.2m	−£945k	−£579k	−£2.2m	−£255k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 5.7%; Profit ÷ revenue.
Gross margin: 13.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £581k; Revenue ÷ average employees.
Profit per employee: £32.9k; Profit ÷ average employees.
Cash conversion: −28.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.6%; 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: ▲10%; Now £6.6m
Cash at bank: ▼9%; Now £4.6m
Headcount: 0%; Now 22
Deferred income: —; Now —
Fixed assets: ▼8%; Now £771k

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 31 Jan 2026 (profit £724k), from the Companies House accounts bulk data published Aug 2026. 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.