H.& J. Martin Limited
Registered name: H.& J. MARTIN LIMITED
Part of H&J Martin Group Limited groupH.& J. Martin Limited made £60.6m revenue and £1.4m profit in the year to 31 Mar 2025.
H.& J. Martin Limited’s revenue grew 19% to £60.6m in the year to 31 Mar 2025, with £1.4m profit and 243 employees. The company is classified under “construction of commercial buildings” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 128 yrs · since 1898
- 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) | £39.1m | £45m | £50.8m | £60.6m |
| Cost of sales | £35.4m | £40.5m | £45.9m | £53.7m |
| Gross profit | £3.7m | £4.5m | £5m | £7m |
| Operating profit | £1.3m | £1m | — | — |
| Profit before tax | £1.3m | £1m | £380k | £1.4m |
| Profit after tax | £1.3m | £944k | £377k | £1.4m |
| Profit (best available) | £1.3m | £944k | £377k | £1.4m |
| Employees (average) | 211 | 251 | 240 | 243 |
| Ratios | ||||
| Profit margin | 3.4% | 2.1% | 0.7% | 2.3% |
| Gross margin | 9.4% | 10.1% | 9.8% | 11.5% |
| Revenue per employee | £185k | £179k | £212k | £249k |
| Profit per employee | £6.3k | £3.8k | £1.6k | £5.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲15.1% | ▲12.9% | ▲19.2% |
| Profit growth | — | ▼29.2% | ▼60.1% | ▲266.5% |
| Headcount growth | — | ▲19% | ▼4.4% | ▲1.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.4m | £3.5m | £4.4m | £3.7m |
| Net assets | £5.8m | £6.8m | £3.7m | £5m |
| Fixed assets | £0 | £178k | £435k | £489k |
| Current assets | £16.9m | £17.9m | £18.7m | £19m |
| Debtors | £8.6m | £11.3m | £9.2m | £10.2m |
| Deferred income | £5m | £3.8m | £3.7m | £6.1m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 11.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £249k
- Revenue ÷ average employees.
- Profit per employee
- £5.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.9%
- 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
- ▲38%
- Now £5m
- Cash at bank
- ▼17%
- Now £3.7m
- Headcount
- ▲1%
- Now 243
- Deferred income
- ▲65%
- Now £6.1m
- Fixed assets
- ▲12%
- Now £489k
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
- H&J Martin Group Limitedultimate parent75–100%
- H.& J. Martin Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- H&J Martin Fit Out LimitedFigures not disclosed
- Rosewood Bespoke Joinery LimitedFigures 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 £1.4m), from the Companies House accounts bulk data published Oct 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.