How much does Hy-Ram Engineering Company Limited make?

Hy-Ram Engineering Company Limited reported revenue of £12.9m and £1.8m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Hy-Ram Engineering Company Limited have?

Hy-Ram Engineering Company Limited reported an average of 53 employees in the year to 31 Mar 2026.

Is Hy-Ram Engineering Company Limited profitable?

Yes — Hy-Ram Engineering Company Limited reported a profit of £1.8m in the year to 31 Mar 2026.

Company No. 00972440 · Incorporated 16 Feb 1970

Hy-Ram Engineering Company Limited

Registered name: HY-RAM ENGINEERING COMPANY LIMITED

Part of Hy-Ram Pipeline Products Ltd group

Hy-Ram Engineering Company Limited made £12.9m revenue and £1.8m profit in the year to 31 Mar 2026. read from filing text

Hy-Ram Engineering Company Limited’s revenue grew 5% to £12.9m in the year to 31 Mar 2026, with £1.8m profit and 53 employees. The company is classified under “machining” and is based in Nottinghamshire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining SIC 25730Manufacture of tools SIC 33190Repair of other equipment SIC 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Status: Active
Location: Nottinghamshire, East Midlands
Age: 56 yrs · since 1970
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. From the filing: “Hy-Ram Pipeline Products Ltd is the ultimate and immediate parent company, by virtue of owning majority of the allotted share capital of the company.”

Latest accounts · year to 31 Mar 2026

Key figures

Operating leverage

Revenue

£12.9m

Growth ▲5%

Profit

£1.8m

Growth ▲29.5%

Profit margin

14%

Gross 41.6%

Employees

Change ▲6%

Profit / employee

£34k

Revenue/employee £243k

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 to	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
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)	£10.6m	£11.4m	£12.3m	£12.9m
Cost of sales	£6.9m	£6.9m	£7.5m	£7.5m
Gross profit	£3.7m	£4.4m	£4.8m	£5.4m
Operating profit	£1.4m	£1.9m	£2m	£2.4m
Profit before tax	£1.3m	£1.9m	£2m	£2.4m
Profit after tax	£1.1m	£1.4m	£1.4m	£1.8m
Profit (best available)	£1.1m	£1.4m	£1.4m	£1.8m
Staff costs	—	£2m	£2.2m	£2.1m
Employees (average)	49	48	50	53
Ratios
Profit margin	10%	12.5%	11.3%	14%
Gross margin	34.7%	39.1%	38.7%	41.6%
Revenue per employee	£216k	£237k	£246k	£243k
Profit per employee	£21.7k	£29.5k	£27.8k	£34k
Growth (year on year)
Revenue growth	—	▲7.3%	▲8%	▲5%
Profit growth	—	▲33.4%	▼1.9%	▲29.5%
Headcount growth	—	▼2%	▲4.2%	▲6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.7m	£2.2m	£2.4m
Net assets	£5.7m	£6.5m	£7.3m	£8.4m
Fixed assets	£2.7m	£2.7m	£2.9m	£2.2m
Current assets	£6.5m	£6.5m	£8m	£10m
Debtors	£2.5m	£2.1m	£3.4m	£2.6m
Deferred income	£111k	£174k	£251k	£314k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 14%; Profit ÷ revenue.
Gross margin: 41.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £243k; Revenue ÷ average employees.
Profit per employee: £34k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.4%; 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: ▲15%; Now £8.4m
Cash at bank: ▲13%; Now £2.4m
Headcount: ▲6%; Now 53
Deferred income: ▲25%; Now £314k
Fixed assets: ▼24%; Now £2.2m

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

Hy-Ram Pipeline Products Ltdultimate parent75–100%
Hy-Ram Engineering Company Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.8m), from the Companies House accounts bulk data published Aug 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.