James Howden & Company Limited
Registered name: JAMES HOWDEN & COMPANY LIMITED
Part of Bond Acquisition Holdings Limited groupJames Howden & Company Limited made £120m revenue and £16.3m profit in the year to 31 Dec 2025.
James Howden & Company Limited’s revenue grew 20% to £120m in the year to 31 Dec 2025, with £16.3m profit. The company is classified under “manufacture of non-domestic cooling and ventilation equipment” and is based in Renfrew; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Renfrew
- Age
- 111 yrs · since 1915
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £65.1m | £99.8m | £120m |
| Cost of sales | −£47m | −£63.4m | −£80m |
| Gross profit | £18.1m | £36.4m | £40m |
| Operating profit | £2.5m | £19.2m | £18.8m |
| Profit before tax | £5.6m | £24.4m | £19.1m |
| Profit after tax | £4.3m | £22.4m | £16.3m |
| Profit (best available) | £4.3m | £22.4m | £16.3m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 6.7% | 22.4% | 13.6% |
| Gross margin | 27.9% | 36.5% | 33.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲53.3% | ▲20.2% |
| Profit growth | — | ▲416.2% | ▼27.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2025 | Accounts · bulk data Dec 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 13.6%
- Profit ÷ revenue.
- Gross margin
- 33.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- 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 Finance Limited75–100%
- Howden Group Limited75–100%
- James Howden & Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Cryonorm Process Combustion LimitedRev. £2.2m · Profit £159k
Sister companies (3)
- Howden Compressors LimitedFigures not disclosed
- Howden Engineering LimitedFigures not disclosed
- James Howden & Godfrey Overseas LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £16.3m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.