Skip to content
CompanySight
Company No. 00673817 · Incorporated 31 Oct 1960

T.W. Engineering Company Limited

Registered name: T.W. ENGINEERING COMPANY LIMITED

Part of T.W. Engineering Holdings Limited group

T.W. Engineering Company Limited made £35.6m revenue and £2.4m profit in the year to 31 Oct 2025.

T.W. Engineering Company Limited’s revenue fell 1% to £35.6m in the year to 31 Oct 2025, with £2.4m profit and 50 employees. The company is classified under “manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials” and is based in Ilkeston; we hold 2 years of its filed accounts.

Status
Active
Location
Ilkeston, East Midlands
Age
65 yrs · since 1960
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 Oct 2025

Key figures

Revenue
£35.6m
Growth ▼0.8%
Profit
£2.4m
Growth ▼24.6%
Profit margin
6.7%
Gross 15.8%
Employees
50
Change ▼5.7%
Profit / employee
£47.7k
Revenue/employee £712k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202431 Oct 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£35.9m£35.6m
Cost of sales£29.3m£30m
Gross profit£6.6m£5.6m
Operating profit£4.2m£3.2m
Profit before tax£4.2m£3.2m
Profit after tax£3.2m£2.4m
Profit (best available)£3.2m£2.4m
Staff costs£2.5m£2.4m
Employees (average)5350
Ratios
Profit margin8.8%6.7%
Gross margin18.5%15.8%
Revenue per employee£677k£712k
Profit per employee£59.7k£47.7k
Growth (year on year)
Revenue growth—▼0.8%
Profit growth—▼24.6%
Headcount growth—▼5.7%
Balance sheet — indirect signals, not revenue
Cash at bank£6.7m£9.6m
Net assets£16.4m£18.2m
Fixed assets£4.6m£4.8m
Current assets£15.1m£16.1m
Debtors£4.8m£2.4m
Deferred income£603k£635k
SourceFullAccounts · bulk data Apr 2026FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
6.7%
Profit ÷ revenue.
Gross margin
15.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£712k
Revenue ÷ average employees.
Profit per employee
£47.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
13.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.7%
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
▲11%
Now £18.2m
Cash at bank
▲44%
Now £9.6m
Headcount
▼6%
Now 50
Deferred income
▲5%
Now £635k
Fixed assets
▲3%
Now £4.8m

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. T.W. Engineering Holdings Limitedultimate parent75–100%
  2. T.W. Engineering Company Limitedthis company

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

Subsidiaries (1)

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 Oct 2025 (profit £2.4m), from the Companies House accounts bulk data published Apr 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.