Teignbridge Propellers International Limited
Registered name: TEIGNBRIDGE PROPELLERS INTERNATIONAL LIMITED
Teignbridge Propellers International Limited made £13.6m revenue and £895k profit in the year to 31 Dec 2024.
Teignbridge Propellers International Limited’s revenue grew 27% to £13.6m in the year to 31 Dec 2024, with £895k profit and 92 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Newton Abbot; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newton Abbot, South West
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10.7m | £13.6m |
| Cost of sales | £6.8m | £8.3m |
| Gross profit | £3.9m | £5.3m |
| Operating profit | £747k | £1.4m |
| Profit before tax | £673k | £1.3m |
| Profit after tax | £673k | £895k |
| Profit (best available) | £673k | £895k |
| Staff costs | £3.3m | £3.6m |
| Employees (average) | 89 | 92 |
| Ratios | ||
| Profit margin | 6.3% | 6.6% |
| Gross margin | 36.6% | 38.8% |
| Revenue per employee | £120k | £148k |
| Profit per employee | £7.6k | £9.7k |
| Cash conversion | −60.3% | −57.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▲26.8% |
| Profit growth | — | ▲33.1% |
| Headcount growth | — | ▲3.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £477k | £421k |
| Net assets | £2.2m | £2.8m |
| Fixed assets | £2.4m | £2.2m |
| Current assets | £4.8m | £6.1m |
| Debtors | £664k | £938k |
| Cash from operations | −£450k | −£785k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 38.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £148k
- Revenue ÷ average employees.
- Profit per employee
- £9.7k
- Profit ÷ average employees.
- Cash conversion
- −57.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.9%
- 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
- ▲27%
- Now £2.8m
- Cash at bank
- ▼12%
- Now £421k
- Headcount
- ▲3%
- Now 92
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £2.2m
Similar profitable businesses
- Scomac Catering Equipment LimitedStaffordshire · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Staff
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- Electrix International LimitedCounty Durham · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Hardall International LimitedDunstable · Manufacture of other fabricated metal products n.e.c.
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- £13.6m
- Profit
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- Foregale LimitedLiversedge · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £13.6m
- Profit
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- A.j.c. Trailers LimitedColindale · Manufacture of other fabricated metal products n.e.c.
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- Destec Engineering LimitedLincoln · Manufacture of other fabricated metal products n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £895k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 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.