Zeeco Europe Limited
Registered name: ZEECO EUROPE LIMITED
Zeeco Europe Limited made £94m revenue and £7.3m profit in the year to 31 Dec 2024. read from filing text
Zeeco Europe Limited’s revenue grew 57% to £94m in the year to 31 Dec 2024, with £7.3m profit and 181 employees. The company is classified under “manufacture of other general-purpose machinery” and is based in Oakham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Oakham, East Midlands
- Age
- 27 yrs · since 1999
- 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: “The ultimate controlling party of the company is Mr D J Zink, a director, who owns 100% of the issued share capital.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| 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) | £31.5m | £41.5m | £59.9m | £94m |
| Cost of sales | £26.5m | £34.7m | £51m | £76.9m |
| Gross profit | £5m | £6.8m | £8.9m | £17.1m |
| Operating profit | £1.9m | £3.1m | £2.8m | £9.4m |
| Profit before tax | £1.9m | £3.1m | £2.8m | £9.5m |
| Profit after tax | £2m | £2.8m | £2.1m | £7.3m |
| Profit (best available) | £2m | £2.8m | £2.1m | £7.3m |
| Staff costs | £6.9m | £8.3m | £12.1m | £17.9m |
| Employees (average) | 93 | 115 | 143 | 181 |
| Ratios | ||||
| Profit margin | 6.4% | 6.7% | 3.5% | 7.8% |
| Gross margin | 16% | 16.4% | 14.8% | 18.2% |
| Revenue per employee | £339k | £361k | £419k | £519k |
| Profit per employee | £21.6k | £24.4k | £14.8k | £40.4k |
| Cash conversion | −22.9% | −146.3% | −60.1% | −59% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲31.9% | ▲44.1% | ▲56.9% |
| Profit growth | — | ▲39.4% | ▼24.7% | ▲246.8% |
| Headcount growth | — | ▲23.7% | ▲24.3% | ▲26.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £4.1m | £2.7m | £4m |
| Net assets | £8.3m | £9.5m | £9.8m | £15.4m |
| Fixed assets | £829k | £739k | £1.9m | £2m |
| Current assets | £22.3m | £31m | £37.6m | £61.9m |
| Debtors | £12.6m | £13.3m | £15m | £30.2m |
| Deferred income | £9.6m | £8.4m | £13.5m | £26.9m |
| Cash from operations | −£436k | −£4.6m | −£1.7m | −£5.6m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 7.8%
- Profit ÷ revenue.
- Gross margin
- 18.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £519k
- Revenue ÷ average employees.
- Profit per employee
- £40.4k
- Profit ÷ average employees.
- Cash conversion
- −59%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 28.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 32.1%
- 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
- ▲57%
- Now £15.4m
- Cash at bank
- ▲49%
- Now £4m
- Headcount
- ▲27%
- Now 181
- Deferred income
- ▲100%
- Now £26.9m
- Fixed assets
- ▲2%
- Now £2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Kinetrol LimitedSurrey · Manufacture of other general-purpose machinery n.e.c.
- Revenue
- £43.1m
- Profit
- £1.9m
- Staff
- —
- JLG Industries (United Kingdom) LimitedOldham · Manufacture of other general-purpose machinery n.e.c.
- Revenue
- £33.8m
- Profit
- £921k
- Staff
- 67
- A.j. Power LimitedCraigavon · Manufacture of other general-purpose machinery n.e.c.
- Revenue
- £33.2m
- Profit
- £725k
- Staff
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- A.e.s. Engineering LimitedMill Close Rotherham · Manufacture of other general-purpose machinery n.e.c.
- Revenue
- £280m
- Profit
- £46.6m
- Staff
- —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £7.3m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.