Currock Engineering Company Limited
Registered name: CURROCK ENGINEERING COMPANY LIMITED
Part of Mbda UK Limited groupCurrock Engineering Company Limited made £8.2m revenue and a £4.4m loss in the year to 31 Dec 2024.
Currock Engineering Company Limited’s revenue was £8.2m in the year to 31 Dec 2024, with a loss of £4.4m and 80 employees. The company is classified under “machining” and is based in Chelmsford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Chelmsford, East of England
- Age
- 61 yrs · since 1964
- 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 Oct 2022 | 31 Oct 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £7.6m | £5.8m | £8.2m |
| Cost of sales | £5.6m | £10.3m | £9.1m |
| Gross profit | £2m | −£4.5m | −£932k |
| Operating profit | £366k | −£7.6m | −£3.8m |
| Profit before tax | £242k | −£7.9m | −£4.4m |
| Profit after tax | £768k | −£7.3m | −£4.4m |
| Profit (best available) | £768k | −£7.3m | −£4.4m |
| Staff costs | £3.3m | £3.8m | £4.7m |
| Employees (average) | 85 | 81 | 80 |
| Ratios | |||
| Profit margin | 10.1% | −126.2% | −53.7% |
| Gross margin | 26.2% | −77.9% | −11.4% |
| Revenue per employee | £89.3k | £71.3k | £102k |
| Profit per employee | £9k | −£90k | −£54.7k |
| Cash conversion | −16.1% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼23.9% | — |
| Profit growth | — | ▼1050% | — |
| Headcount growth | — | ▼4.7% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £82.4k | £6.9k | £502k |
| Net assets | £8.2m | £881k | −£3.5m |
| Fixed assets | £5.5m | £4m | £3.6m |
| Current assets | £11m | £5.4m | £6.7m |
| Debtors | £2.9m | £1.1m | £1.7m |
| Deferred income | £227k | £435k | £2.4m |
| Cash from operations | −£59.1k | £396k | −£4.6m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −53.7%
- Profit ÷ revenue.
- Gross margin
- −11.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £102k
- Revenue ÷ average employees.
- Profit per employee
- −£54.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 43.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 29.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.7%
- 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
- —
- Now −£3.5m
- Cash at bank
- —
- Now £502k
- Headcount
- —
- Now 80
- Deferred income
- —
- Now £2.4m
- Fixed assets
- —
- Now £3.6m
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
- Mbda UK Limitedultimate parent75–100%
- Currock Engineering Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Horizon Land LimitedFigures not disclosed
- Horizon Technology Park Management Company 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 Dec 2024 (profit −£4.4m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026