How much does Meygen PLC make?

Meygen PLC reported revenue of £5.4m and a loss of £8.4m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Meygen PLC have?

Meygen PLC reported an average of 4 employees in the year to 31 Dec 2025.

Is Meygen PLC profitable?

No — Meygen PLC reported a loss of £8.4m in the year to 31 Dec 2025.

Company No. SC347501 · Incorporated 22 Aug 2008

Meygen PLC

Registered name: MEYGEN PLC

Part of HSBC Holdings PLC group

Meygen PLC made £5.4m revenue and a £8.4m loss in the year to 31 Dec 2025. read from filing text

Meygen PLC’s revenue grew 26% to £5.4m in the year to 31 Dec 2025, with a loss of £8.4m and 4 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Edinburgh, Scotland
Age: 18 yrs · since 2008
Type: Public 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 Dec 2025

Key figures

Small teamCash flow filed

Revenue

£5.4m

Growth ▲26%

Profit

−£8.4m

Growth —

Profit margin

−157.1%

Employees

Change ▲33.3%

Profit / employee

−£2.1m

Revenue/employee £1.3m

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	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£3.9m	£4.5m	£4.3m	£5.4m
Operating profit	−£3.3m	−£4m	−£16.2m	−£4.3m
Profit before tax	−£6m	−£7.3m	−£20.4m	−£8.4m
Profit after tax	−£6m	−£7.3m	−£20.4m	−£8.4m
Profit (best available)	−£6m	−£7.3m	−£20.4m	−£8.4m
Employees (average)	0	0	3	4
Ratios
Profit margin	−152.6%	−162%	−480%	−157.1%
Revenue per employee	—	—	£1.4m	£1.3m
Profit per employee	—	—	−£6.8m	−£2.1m
Growth (year on year)
Revenue growth	—	▲15.7%	▼5.8%	▲26%
Headcount growth	—	—	—	▲33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£891k	£1.4m	£2.1m
Net assets	−£1.9m	−£9.3m	−£29.7m	−£38.1m
Current assets	£3.8m	£3.4m	£3.4m	£4.6m
Cash from operations	−£1.8m	£1.1m	£528k	£710k
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −157.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3m; Revenue ÷ average employees.
Profit per employee: −£2.1m; 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.

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: —; Now −£38.1m
Cash at bank: ▲49%; Now £2.1m
Headcount: ▲33%; Now 4
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

HSBC Holdings PLCultimate parent75–100%
HSBC Bank PLC75–100%
HSBC Corporate Trustee Company (UK) Limited75–100%
Meygen PLCthis company

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

Sister companies (9)

Aberdeen Roads (Finance) PLCFigures not disclosed
Agilico (Scotland) LimitedFigures not disclosed
Avant Homes (Scotland) LimitedFigures not disclosed
Centurion 1 LimitedFigures not disclosed
Centurion 2 LimitedFigures not disclosed
Centurion Subsea Services LimitedFigures not disclosed
Centurion UK Rentals & Services Holdings LimitedFigures not disclosed
HF Stores Realisations LimitedActive - Proposal to Strike offFigures not disclosed
Labtech Services LimitedFigures 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 −£8.4m), 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.