How many employees does Hele Bay Precision Engineering Company Limited have?

Hele Bay Precision Engineering Company Limited reported an average of 19 employees in the year to 31 Mar 2026.

Is Hele Bay Precision Engineering Company Limited profitable?

Yes — Hele Bay Precision Engineering Company Limited reported a profit of £245k in the year to 31 Mar 2026.

Company No. 05742131 · Incorporated 14 Mar 2006

Hele Bay Precision Engineering Company Limited

Registered name: HELE BAY PRECISION ENGINEERING COMPANY LIMITED

Hele Bay Precision Engineering Company Limited made £245k profit in the year to 31 Mar 2026 (revenue not disclosed).

Hele Bay Precision Engineering Company Limited reported £245k profit in the year to 31 Mar 2026, down 39% on the year before; its revenue was not disclosed. It had 19 employees. The company is classified under “manufacture of basic iron and steel and of ferro-alloys” and is based in Barnstaple; we hold 4 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 24100Manufacture of basic iron and steel and of ferro-alloys

Status: Active
Location: Barnstaple, South West
Age: 20 yrs · since 2006
Type: Private Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

Independent

Revenue

—

Not disclosed in filing

Profit

£245k

Growth ▼38.7%

Profit margin

—

Employees

Change ▼9.5%

Profit / employee

£12.9k

Profitable streak

3yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	No P&L	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	£310k	£400k	£245k
Profit (best available)	—	£310k	£400k	£245k
Employees (average)	20	18	21	19
Ratios
Profit margin	—	—	—	—
Profit per employee	—	£17.2k	£19k	£12.9k
Growth (year on year)
Profit growth	—	—	▲28.8%	▼38.7%
Headcount growth	—	▼10%	▲16.7%	▼9.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£859k	£606k	£702k	£757k
Net assets	£1.2m	£1.1m	£1.2m	£992k
Fixed assets	£512k	£772k	£765k	£712k
Current assets	£1.1m	£904k	£962k	£1m
Debtors	£60.2k	£120k	£56.1k	£112k
Deferred income	£6.3k	£6.4k	—	—
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £12.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼16%; Now £992k
Cash at bank: ▲8%; Now £757k
Headcount: ▼10%; Now 19
Deferred income: —; Now —
Fixed assets: ▼7%; Now £712k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £245k), 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.