How much does Tube Manipulation and Assembly Limited make?

Tube Manipulation and Assembly Limited reported revenue of £8.6m and £202k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Tube Manipulation and Assembly Limited have?

Tube Manipulation and Assembly Limited reported an average of 94 employees in the year to 31 Dec 2025.

Is Tube Manipulation and Assembly Limited profitable?

Yes — Tube Manipulation and Assembly Limited reported a profit of £202k in the year to 31 Dec 2025.

Company No. 04329223 · Incorporated 27 Nov 2001

Tube Manipulation and Assembly Limited

Registered name: TUBE MANIPULATION AND ASSEMBLY LIMITED

Part of Tma Holdings (Manchester) Limited group

Tube Manipulation and Assembly Limited made £8.6m revenue and £202k profit in the year to 31 Dec 2025.

Tube Manipulation and Assembly Limited’s revenue fell 25% to £8.6m in the year to 31 Dec 2025, with £202k profit and 94 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Manchester, North West
Age: 24 yrs · since 2001
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 Dec 2025

Key figures

Cash flow filed

Revenue

£8.6m

Growth ▼24.7%

Profit

£202k

Growth ▲39.8%

Profit margin

2.3%

Gross 21.3%

Employees

Change ▼8.7%

Profit / employee

£2.1k

Revenue/employee £91.7k

Profitable streak

3yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£11.2m	£11.5m	£8.6m
Cost of sales	—	£8.4m	£9m	£6.8m
Gross profit	—	£2.8m	£2.5m	£1.8m
Operating profit	—	£828k	£224k	£250k
Profit before tax	—	£801k	£201k	£239k
Profit after tax	—	£640k	£144k	£202k
Profit (best available)	—	£640k	£144k	£202k
Staff costs	—	£3.4m	£4.2m	£3.5m
Employees (average)	90	100	103	94
Ratios
Profit margin	—	5.7%	1.3%	2.3%
Gross margin	—	24.7%	21.4%	21.3%
Revenue per employee	—	£112k	£111k	£91.7k
Profit per employee	—	£6.4k	£1.4k	£2.1k
Cash conversion	—	120.7%	336.8%	218.9%
Growth (year on year)
Revenue growth	—	—	▲2.3%	▼24.7%
Profit growth	—	—	▼77.5%	▲39.8%
Headcount growth	—	▲11.1%	▲3%	▼8.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£5k	£440k	£3.2k	£55.3k
Net assets	£2.5m	£3.1m	£3.3m	£3.5m
Fixed assets	£594k	£773k	£1.3m	£1.5m
Current assets	£4.1m	£5.4m	£4m	£4m
Debtors	£3m	£2.1m	£1.2m	£866k
Deferred income	—	£65.4k	£81.7k	£48.3k
Cash from operations	—	£999k	£754k	£548k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: 21.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £91.7k; Revenue ÷ average employees.
Profit per employee: £2.1k; Profit ÷ average employees.
Cash conversion: 218.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10%; 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: ▲6%; Now £3.5m
Cash at bank: ▲1619%; Now £55.3k
Headcount: ▼9%; Now 94
Deferred income: ▼41%; Now £48.3k
Fixed assets: ▲14%; Now £1.5m

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

Tma Holdings (Manchester) Limitedultimate parent75–100%
Tube Manipulation and Assembly Holdings Limited75–100%
Tube Manipulation and Assembly Limitedthis company

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

Sister companies (1)

Tma Plant and Equipment LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £202k), from the Companies House accounts bulk data published Sep 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.