P.K. Murphy Construction Limited
Registered name: P.K. MURPHY CONSTRUCTION LIMITED
Part of Termon Holdings Ltd groupP.K. Murphy Construction Limited made £41.1m revenue and £2.3m profit in the year to 31 Mar 2025.
P.K. Murphy Construction Limited’s revenue grew 59% to £41.1m in the year to 31 Mar 2025, with £2.3m profit and 191 employees. The company is classified under “development of building projects” and is based in Dungannon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Dungannon, Northern Ireland
- Age
- 30 yrs · since 1996
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £23.4m | £31.8m | £25.9m | £41.1m |
| Cost of sales | £20m | £26.3m | £21.1m | £35.4m |
| Gross profit | £3.4m | £5.5m | £4.7m | £5.6m |
| Operating profit | £1.6m | £3.7m | £2.3m | £3.1m |
| Profit before tax | £1.6m | £3.7m | £2.3m | £3.1m |
| Profit after tax | £1.4m | £2.9m | £1.7m | £2.3m |
| Profit (best available) | £1.4m | £2.9m | £1.7m | £2.3m |
| Employees (average) | 59 | 88 | 117 | 191 |
| Ratios | ||||
| Profit margin | 5.9% | 9.1% | 6.6% | 5.7% |
| Gross margin | 14.6% | 17.4% | 18.3% | 13.7% |
| Revenue per employee | £397k | £361k | £221k | £215k |
| Profit per employee | £23.4k | £32.8k | £14.7k | £12.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲35.9% | ▼18.6% | ▲58.7% |
| Profit growth | — | ▲108.6% | ▼40.4% | ▲35.1% |
| Headcount growth | — | ▲49.1% | ▲33% | ▲63.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £622k | £2m | £2.3m | £1.9m |
| Net assets | £2.3m | £3.2m | £2.8m | £2.9m |
| Fixed assets | £1.1m | £911k | £2m | £1.8m |
| Current assets | £6.4m | £10.3m | £9.7m | £13.4m |
| Debtors | £2.6m | £3.5m | £2m | £1.7m |
| Deferred income | £200k | £78.4k | £836k | £813k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 5.7%
- Profit ÷ revenue.
- Gross margin
- 13.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £215k
- Revenue ÷ average employees.
- Profit per employee
- £12.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.1%
- 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
- ▲1%
- Now £2.9m
- Cash at bank
- ▼19%
- Now £1.9m
- Headcount
- ▲63%
- Now 191
- Deferred income
- ▼3%
- Now £813k
- Fixed assets
- ▼9%
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Termon Holdings Ltdultimate parent75–100%
- P.K. Murphy Construction Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- PK Murphy Developments LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.3m), 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.