How much does P McVey Building Systems Ltd make?

P McVey Building Systems Ltd reported revenue of £20.1m and £897k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does P McVey Building Systems Ltd have?

P McVey Building Systems Ltd reported an average of 63 employees in the year to 31 Dec 2025.

Is P McVey Building Systems Ltd profitable?

Yes — P McVey Building Systems Ltd reported a profit of £897k in the year to 31 Dec 2025.

Company No. NI634141 · Incorporated 9 Oct 2015

P McVey Building Systems Ltd

Registered name: P MCVEY BUILDING SYSTEMS LTD

Part of McVey Group Holdings Ltd group

P McVey Building Systems Ltd made £20.1m revenue and £897k profit in the year to 31 Dec 2025.

P McVey Building Systems Ltd’s revenue fell 17% to £20.1m in the year to 31 Dec 2025, with £897k profit and 63 employees. The company is classified under “construction of commercial buildings” and is based in Antrim; we hold 4 years of its filed accounts.

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

Status: Active
Location: Antrim, Northern Ireland
Age: 11 yrs · since 2015
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: “The ultimate controlling party is McVey Group Holdings Ltd”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£20.1m

Growth ▼16.7%

Profit

£897k

Growth ▼73%

Profit margin

4.5%

Gross 25.8%

Employees

Change ▲16.7%

Profit / employee

£14.2k

Revenue/employee £319k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.7m	£16.8m	£24.1m	£20.1m
Cost of sales	£8.7m	£11m	£17.3m	£14.9m
Gross profit	£4m	£5.8m	£6.9m	£5.2m
Operating profit	£2.5m	£3.3m	£4m	£1.2m
Profit before tax	£2.4m	£3.3m	£4m	£1.3m
Profit after tax	£2m	£2.7m	£3.3m	£897k
Profit (best available)	£2m	£2.7m	£3.3m	£897k
Staff costs	£1m	£1.4m	£2m	£2.4m
Employees (average)	—	0	54	63
Ratios
Profit margin	16%	16%	13.7%	4.5%
Gross margin	31.3%	34.5%	28.5%	25.8%
Revenue per employee	—	—	£447k	£319k
Profit per employee	—	—	£61.5k	£14.2k
Cash conversion	110.7%	55.5%	116.8%	133.3%
Growth (year on year)
Revenue growth	—	▲32.4%	▲43.8%	▼16.7%
Profit growth	—	▲32%	▲23.6%	▼73%
Headcount growth	—	—	—	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£546k	£3.2m	£982k
Net assets	£4.3m	£6.7m	£9.8m	£7.7m
Fixed assets	£3.7m	£4.8m	£5.3m	£8m
Current assets	£3.9m	£5.5m	£7.9m	£6.9m
Debtors	£1.7m	£3.4m	£3.2m	£3.8m
Deferred income	£5.8k	£7.5k	£87.1k	£14.5k
Cash from operations	£2.8m	£1.8m	£4.7m	£1.6m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4.5%; Profit ÷ revenue.
Gross margin: 25.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £319k; Revenue ÷ average employees.
Profit per employee: £14.2k; Profit ÷ average employees.
Cash conversion: 133.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 39.7%; 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: 19.1%; 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: ▼21%; Now £7.7m
Cash at bank: ▼70%; Now £982k
Headcount: ▲17%; Now 63
Deferred income: ▼83%; Now £14.5k
Fixed assets: ▲50%; Now £8m

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

McVey Group Holdings Ltdultimate parent75–100%
McVey Holdings Ltd75–100%
P McVey Building Systems Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Donnelly Cabins LtdFigures 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 Dec 2025 (profit £897k), 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.