Mallaghan Engineering Limited
Registered name: MALLAGHAN ENGINEERING LIMITED
Part of Mallaghan (Holdings) Limited groupMallaghan Engineering Limited made £103m revenue and £12.9m profit in the year to 31 Dec 2025.
Mallaghan Engineering Limited’s revenue grew 23% to £103m in the year to 31 Dec 2025, with £12.9m profit and 422 employees. The company is classified under “manufacture of lifting and handling equipment” and is based in Co Tyrone; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Co Tyrone, Northern Ireland
- Age
- 39 yrs · since 1986
- 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: “Mallaghan (Holdings) Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £83.9m | £103m |
| Cost of sales | £63.9m | £75.6m |
| Gross profit | £20m | £27.8m |
| Operating profit | £9.5m | £14.9m |
| Profit before tax | £9.5m | £15.2m |
| Profit after tax | £8.5m | £12.9m |
| Profit (best available) | £8.5m | £12.9m |
| Staff costs | £16.7m | £18.6m |
| Employees (average) | 388 | 422 |
| Ratios | ||
| Profit margin | 10.1% | 12.5% |
| Gross margin | 23.8% | 26.9% |
| Revenue per employee | £216k | £245k |
| Profit per employee | £21.8k | £30.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲23.2% |
| Profit growth | — | ▲53% |
| Headcount growth | — | ▲8.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £10.3m | £19.5m |
| Net assets | £27.9m | £38.8m |
| Fixed assets | £12m | £13.4m |
| Current assets | £55.5m | £73.6m |
| Debtors | £11.8m | £21.7m |
| Deferred income | £49.8k | £52.5k |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 12.5%
- Profit ÷ revenue.
- Gross margin
- 26.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £245k
- Revenue ÷ average employees.
- Profit per employee
- £30.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21%
- 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
- ▲39%
- Now £38.8m
- Cash at bank
- ▲89%
- Now £19.5m
- Headcount
- ▲9%
- Now 422
- Deferred income
- ▲5%
- Now £52.5k
- Fixed assets
- ▲12%
- Now £13.4m
Group structure
Ownership chain
- Mallaghan (Holdings) Limitedultimate parent75–100%
- Mallaghan Engineering Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Mallaghan Airport Bus Company LimitedRev. — · Profit −£2.8k
- Mallaghan Parts LimitedRev. — · Profit £822k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Thwaites LimitedLeamington Spa · Manufacture of lifting and handling equipment
- Revenue
- £84.6m
- Profit
- £4.5m
- Staff
- 282
- Logisnext UK LimitedOxfordshire · Manufacture of lifting and handling equipment
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- Profit
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- Fen-Bay Services LimitedLincoln · Manufacture of lifting and handling equipment
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- Profit
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- Street Crane Company LimitedDerbyshire · Manufacture of lifting and handling equipment
- Revenue
- £37.7m
- Profit
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- Staff
- 156
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £12.9m), from the Companies House accounts bulk data published Sep 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.