How much does J.M.G. Systems Ltd make?

J.M.G. Systems Ltd reported revenue of £8m and a loss of £191k in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does J.M.G. Systems Ltd have?

J.M.G. Systems Ltd reported an average of 99 employees in the year to 30 Sep 2025.

Is J.M.G. Systems Ltd profitable?

No — J.M.G. Systems Ltd reported a loss of £191k in the year to 30 Sep 2025.

Company No. NI041081 · Incorporated 27 Jun 2001

J.M.G. Systems Ltd

Registered name: J.M.G. SYSTEMS LTD

Part of McGoldrick Holdings Ltd group

J.M.G. Systems Ltd made £8m revenue and a £191k loss in the year to 30 Sep 2025.

J.M.G. Systems Ltd’s revenue fell 10% to £8m in the year to 30 Sep 2025, with a loss of £191k and 99 employees. The company is classified under “manufacture of other electrical equipment” and is based in Omagh; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment

Status: Active
Location: Omagh, Northern Ireland
Age: 25 yrs · since 2001
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: “McGoldrick Holdings Ltd”

Latest accounts · year to 30 Sep 2025

Key figures

Revenue

£8m

Growth ▼9.6%

Profit

−£191k

Growth ▼218.4%

Profit margin

−2.4%

Gross 22.7%

Employees

Change ▼13.2%

Profit / employee

−£1.9k

Revenue/employee £81.2k

Profitable streak

0yrs

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	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.9m	£12m	£8.9m	£8m
Cost of sales	£7.1m	£8.9m	£6.5m	£6.2m
Gross profit	£2.8m	£3.1m	£2.4m	£1.8m
Operating profit	£986k	£923k	£170k	−£277k
Profit before tax	£971k	£907k	£199k	−£236k
Profit after tax	£857k	£670k	£161k	−£191k
Profit (best available)	£857k	£670k	£161k	−£191k
Staff costs	£3m	£3.7m	£3.7m	£3.4m
Employees (average)	103	134	114	99
Ratios
Profit margin	8.6%	5.6%	1.8%	−2.4%
Gross margin	28.5%	26%	26.5%	22.7%
Revenue per employee	£96.5k	£89.6k	£78k	£81.2k
Profit per employee	£8.3k	£5k	£1.4k	−£1.9k
Growth (year on year)
Revenue growth	—	▲20.7%	▼25.9%	▼9.6%
Profit growth	—	▼21.8%	▼75.9%	▼218.4%
Headcount growth	—	▲30.1%	▼14.9%	▼13.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£2.3m	£2.6m	£2.4m
Net assets	£5.5m	£6m	£6.1m	£5.8m
Fixed assets	£2m	£1.9m	£2.5m	£2.2m
Current assets	£6.4m	£6.8m	£5.6m	£5.9m
Debtors	£2.7m	£3.4m	£1.8m	£2.4m
Deferred income	£373k	£476k	£294k	£221k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −2.4%; Profit ÷ revenue.
Gross margin: 22.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £81.2k; Revenue ÷ average employees.
Profit per employee: −£1.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 29.9%; 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 £5.8m
Cash at bank: ▼8%; Now £2.4m
Headcount: ▼13%; Now 99
Deferred income: ▼25%; Now £221k
Fixed assets: ▼9%; Now £2.2m

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

McGoldrick Holdings Ltdultimate parent75–100%
J.M.G. Systems Ltdthis 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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit −£191k), from the Companies House accounts bulk data published Jun 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.