How much does McKenzies (Ni).limited make?

McKenzies (Ni).limited reported revenue of £49.8m and £1.1m profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does McKenzies (Ni).limited have?

McKenzies (Ni).limited reported an average of 56 employees in the year to 31 Jul 2025.

Is McKenzies (Ni).limited profitable?

Yes — McKenzies (Ni).limited reported a profit of £1.1m in the year to 31 Jul 2025.

Company No. NI034559 · Incorporated 30 Jul 1998

McKenzies (Ni).limited

Registered name: MCKENZIES (NI).LIMITED

McKenzies (Ni).limited made £49.8m revenue and £1.1m profit in the year to 31 Jul 2025. read from filing text

McKenzies (Ni).limited’s revenue grew 16% to £49.8m in the year to 31 Jul 2025, with £1.1m profit and 56 employees. The company is classified under “wholesale of waste and scrap” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46770Wholesale of waste and scrap

Status: Active
Location: Belfast, Northern Ireland
Age: 28 yrs · since 1998
Type: Private Limited Company

Latest accounts · year to 31 Jul 2025

Key figures

Independent

Revenue

£49.8m

Growth ▲15.5%

Profit

£1.1m

Growth ▼7.2%

Profit margin

2.3%

Gross 6.8%

Employees

Change ▲12%

Profit / employee

£20k

Revenue/employee £889k

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 to	31 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£40.8m	£35.8m	£43.1m	£49.8m
Cost of sales	£37.2m	£33.5m	£39.6m	£46.4m
Gross profit	£3.6m	£2.4m	£3.5m	£3.4m
Operating profit	£2.8m	£1.4m	£2.4m	£2.1m
Profit before tax	£2.7m	£1.1m	£1.7m	£1.5m
Profit after tax	£2.2m	£900k	£1.2m	£1.1m
Profit (best available)	£2.2m	£900k	£1.2m	£1.1m
Employees (average)	41	47	50	56
Ratios
Profit margin	5.4%	2.5%	2.8%	2.3%
Gross margin	8.8%	6.6%	8.2%	6.8%
Revenue per employee	£994k	£763k	£862k	£889k
Profit per employee	£53.8k	£19.1k	£24.2k	£20k
Growth (year on year)
Revenue growth	—	▼12.1%	▲20.3%	▲15.5%
Profit growth	—	▼59.2%	▲34.2%	▼7.2%
Headcount growth	—	▲14.6%	▲6.4%	▲12%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.3m	£4.4m	£5.3m	£3.6m
Net assets	£17.5m	£18.8m	£20.3m	£21.3m
Fixed assets	£15.3m	£26.1m	£27.6m	£26.4m
Current assets	£11.4m	£10.6m	£11.2m	£10.9m
Debtors	£1.7m	£2.2m	£1.5m	£668k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: 6.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £889k; Revenue ÷ average employees.
Profit per employee: £20k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 53%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; 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: ▲5%; Now £21.3m
Cash at bank: ▼32%; Now £3.6m
Headcount: ▲12%; Now 56
Deferred income: —; Now —
Fixed assets: ▼4%; Now £26.4m

Corporate ownership

Group structure

Subsidiaries (2)

McKenzies (Aluminium) LtdFigures not disclosed
McKenzies (Campsie) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £1.1m), from the Companies House accounts bulk data published Apr 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.