Tyne Engineering Factors Ltd
Registered name: TYNE ENGINEERING FACTORS LTD
Tyne Engineering Factors Ltd made £3.6m revenue and £580k profit in the year to 28 Feb 2026.
Tyne Engineering Factors Ltd’s revenue grew 29% to £3.6m in the year to 28 Feb 2026, with £580k profit and 14 employees. The company is classified under “manufacture of electrical and electronic equipment for motor vehicles and their engines” and is based in Washington; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Washington, North East
- Age
- 2 yrs · since 2024
- 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 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.8m | £3.6m |
| Cost of sales | £675k | £1m |
| Gross profit | £2.1m | £2.6m |
| Operating profit | £871k | £580k |
| Profit before tax | £871k | £580k |
| Profit after tax | £871k | £580k |
| Profit (best available) | £871k | £580k |
| Employees (average) | 11 | 14 |
| Ratios | ||
| Profit margin | 31.3% | 16.2% |
| Gross margin | 75.8% | 72.1% |
| Revenue per employee | £253k | £256k |
| Profit per employee | £79.1k | £41.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲28.8% |
| Profit growth | — | ▼33.4% |
| Headcount growth | — | ▲27.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £149k | £249k |
| Net assets | £1m | £1.2m |
| Fixed assets | £520k | £641k |
| Current assets | £559k | £560k |
| Debtors | £312k | £210k |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 16.2%
- Profit ÷ revenue.
- Gross margin
- 72.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £256k
- Revenue ÷ average employees.
- Profit per employee
- £41.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 17.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.9%
- 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
- ▲15%
- Now £1.2m
- Cash at bank
- ▲67%
- Now £249k
- Headcount
- ▲27%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- ▲23%
- Now £641k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £580k), from the Companies House accounts bulk data published Jul 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.