How much does Maxam Developments Ltd make?

Maxam Developments Ltd reported revenue of £20.3m and £142k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Maxam Developments Ltd have?

Maxam Developments Ltd reported an average of 1 employee in the year to 31 Dec 2025.

Is Maxam Developments Ltd profitable?

Yes — Maxam Developments Ltd reported a profit of £142k in the year to 31 Dec 2025.

Company No. SC509480 · Incorporated 26 Jun 2015

Maxam Developments Ltd

Registered name: MAXAM DEVELOPMENTS LTD

Maxam Developments Ltd made £20.3m revenue and £142k profit in the year to 31 Dec 2025.

Maxam Developments Ltd’s revenue grew 94% to £20.3m in the year to 31 Dec 2025, with £142k profit and 1 employee. The company is classified under “other letting and operating of own or leased real estate” and is based in Bathgate; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Bathgate, Scotland
Age: 11 yrs · since 2015
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£20.3m

Growth ▲93.6%

Profit

£142k

Growth ▼22.7%

Profit margin

0.7%

Gross 10.8%

Employees

Change 0%

Profit / employee

£142k

Revenue/employee £20.3m

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.6m	£10.5m	£20.3m
Cost of sales	£17.4m	£9.1m	£18.1m
Gross profit	£1.2m	£1.4m	£2.2m
Operating profit	£766k	£782k	£1.4m
Profit before tax	£792k	£741k	£1.4m
Profit after tax	£237k	£184k	£142k
Profit (best available)	£237k	£184k	£142k
Staff costs	£496k	£541k	£731k
Employees (average)	1	1	1
Ratios
Profit margin	1.3%	1.8%	0.7%
Gross margin	6.7%	13.2%	10.8%
Revenue per employee	£18.6m	£10.5m	£20.3m
Profit per employee	£237k	£184k	£142k
Cash conversion	−75.6%	135.3%	−20.7%
Growth (year on year)
Revenue growth	—	▼43.7%	▲93.6%
Profit growth	—	▼22.5%	▼22.7%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£772k	£41.1k	£122k
Net assets	£1.5m	£1.5m	£1.2m
Fixed assets	£906k	£887k	£868k
Current assets	£1m	£1.4m	£1.3m
Debtors	£7.2k	£0	£0
Cash from operations	−£579k	£1.1m	−£300k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 10.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £20.3m; Revenue ÷ average employees.
Profit per employee: £142k; Profit ÷ average employees.
Cash conversion: −20.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▼17%; Now £1.2m
Cash at bank: ▲198%; Now £122k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▼2%; Now £868k

Corporate ownership

Group structure

Subsidiaries (1)

CM Steel Buildings LtdRev. £20.3m · Profit £1m

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 £142k), 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.