Morrow Group Limited
Registered name: MORROW GROUP LIMITED
Morrow Group Limited made £41.2m revenue and £4.2m profit in the year to 30 Apr 2025.
Morrow Group Limited’s revenue fell 2% to £41.2m in the year to 30 Apr 2025, with £4.2m profit and 178 employees. The company is classified under “construction of roads and motorways” and is based in Belfast; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £41.9m | £42.1m | £41.2m |
| Cost of sales | −£27.1m | −£28.4m | −£26.7m |
| Gross profit | £14.8m | £13.7m | £14.5m |
| Operating profit | £6.3m | £5m | £4.8m |
| Profit before tax | £6.2m | £5.2m | £5.5m |
| Profit after tax | £4.8m | £3.9m | £4.2m |
| Profit (best available) | £4.8m | £3.9m | £4.2m |
| Employees (average) | 156 | 173 | 178 |
| Ratios | |||
| Profit margin | 11.5% | 9.2% | 10.1% |
| Gross margin | 35.4% | 32.5% | 35.1% |
| Revenue per employee | £268k | £243k | £231k |
| Profit per employee | £30.9k | £22.3k | £23.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.5% | ▼2.1% |
| Profit growth | — | ▼20% | ▲7.7% |
| Headcount growth | — | ▲10.9% | ▲2.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 10.1%
- Profit ÷ revenue.
- Gross margin
- 35.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £231k
- Revenue ÷ average employees.
- Profit per employee
- £23.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲3%
- Now 178
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Morrow Farms LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit £4.2m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.