How much does Specialised Welding Products Limited make?

Specialised Welding Products Limited reported revenue of £20.6m and £304k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Specialised Welding Products Limited have?

Specialised Welding Products Limited reported an average of 56 employees in the year to 31 Mar 2025.

Is Specialised Welding Products Limited profitable?

Yes — Specialised Welding Products Limited reported a profit of £304k in the year to 31 Mar 2025.

Company No. 02573967 · Incorporated 15 Jan 1991

Specialised Welding Products Limited

Registered name: SPECIALISED WELDING PRODUCTS LIMITED

Specialised Welding Products Limited made £20.6m revenue and £304k profit in the year to 31 Mar 2025.

Specialised Welding Products Limited’s revenue grew 6% to £20.6m in the year to 31 Mar 2025, with £304k profit and 56 employees. The company is classified under “wholesale of other machinery and equipment” and is based in Alton; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46690Wholesale of other machinery and equipment

Status: Active
Location: Alton, South East
Age: 35 yrs · since 1991
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightDoing more with less

Revenue

£20.6m

Growth ▲5.8%

Profit

£304k

Growth ▼36.4%

Profit margin

1.5%

Gross 33.1%

Employees

Change ▼3.5%

Profit / employee

£5.4k

Revenue/employee £367k

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 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.6m	£19.1m	£19.4m	£20.6m
Cost of sales	£10.5m	£12.6m	£13.2m	£13.8m
Gross profit	£6.1m	£6.4m	£6.2m	£6.8m
Operating profit	£519k	£857k	£802k	£574k
Profit before tax	£477k	£759k	£639k	£409k
Profit after tax	£371k	£612k	£478k	£304k
Profit (best available)	£371k	£612k	£478k	£304k
Staff costs	£1.9m	£2m	£2m	£2.1m
Employees (average)	55	55	58	56
Ratios
Profit margin	2.2%	3.2%	2.5%	1.5%
Gross margin	36.8%	33.8%	31.9%	33.1%
Revenue per employee	£302k	£346k	£335k	£367k
Profit per employee	£6.8k	£11.1k	£8.3k	£5.4k
Growth (year on year)
Revenue growth	—	▲14.5%	▲2%	▲5.8%
Profit growth	—	▲64.8%	▼21.8%	▼36.4%
Headcount growth	—	0%	▲5.5%	▼3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£4k	£247k	£192k	£76k
Net assets	£2.5m	£3.1m	£3.6m	£3.3m
Fixed assets	£242k	£232k	£229k	£193k
Current assets	£7.6m	£8.8m	£8.5m	£9.2m
Debtors	£4.6m	£5.2m	£5m	£5.4m
Deferred income	£246k	£264k	£227k	£191k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 33.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £367k; Revenue ÷ average employees.
Profit per employee: £5.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.3%; 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: ▼8%; Now £3.3m
Cash at bank: ▼61%; Now £76k
Headcount: ▼3%; Now 56
Deferred income: ▼16%; Now £191k
Fixed assets: ▼16%; Now £193k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £304k), from the Companies House accounts bulk data published Dec 2025. 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.