Skip to content
CompanySight
Company No. R0000273 · Incorporated 19 Apr 1898

H.& J. Martin Limited

Registered name: H.& J. MARTIN LIMITED

Part of H&J Martin Group Limited group

H.& 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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverage
Revenue
£60.6m
Growth ▲19.2%
Profit
£1.4m
Growth ▲266.5%
Profit margin
2.3%
Gross 11.5%
Employees
243
Change ▲1.3%
Profit / employee
£5.7k
Revenue/employee £249k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull 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)211251240243
Ratios
Profit margin3.4%2.1%0.7%2.3%
Gross margin9.4%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
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. H&J Martin Group Limitedultimate parent75–100%
  2. H.& J. Martin Limitedthis company

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

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.