Howden Turbo UK Limited
Registered name: HOWDEN TURBO UK LIMITED
Part of Bond Acquisition Holdings Limited groupHowden Turbo UK Limited made £36.4m revenue and £4.3m profit in the year to 31 Dec 2024.
Howden Turbo UK Limited’s revenue grew 21% to £36.4m in the year to 31 Dec 2024, with £4.3m profit and 167 employees. The company is classified under “manufacture of engines and turbines, except aircraft, vehicle and cycle engines” and is based in Birmingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Birmingham
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £26.8m | £30.2m | £36.4m |
| Cost of sales | −£22.4m | −£28.1m | −£24.8m |
| Gross profit | £4.4m | £2.1m | £11.6m |
| Operating profit | −£732k | −£4m | £5.9m |
| Profit before tax | −£988k | −£4m | £6m |
| Profit after tax | −£872k | −£3.8m | £4.3m |
| Profit (best available) | −£872k | −£3.8m | £4.3m |
| Employees (average) | 141 | 155 | 167 |
| Ratios | |||
| Profit margin | −3.3% | −12.6% | 11.9% |
| Gross margin | 16.4% | 7% | 31.9% |
| Revenue per employee | £190k | £195k | £218k |
| Profit per employee | −£6.2k | −£24.6k | £26k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.7% | ▲20.5% |
| Headcount growth | — | ▲9.9% | ▲7.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 11.9%
- Profit ÷ revenue.
- Gross margin
- 31.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £218k
- Revenue ÷ average employees.
- Profit per employee
- £26k
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲8%
- Now 167
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Bond Acquisition Holdings Limitedultimate parent75–100%
- Granite Holdings Global Limited75–100%
- Weldcure Limited75–100%
- Esab Technology Limited75–100%
- Howden Turbo UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Compressor Products International LimitedFigures not disclosed
- Howden Finance LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £4.3m), from the Companies House accounts bulk data published Nov 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.