Transcanada Turbines (UK) Limited
Registered name: TRANSCANADA TURBINES (UK) LIMITED
Part of Tc Energy Corporation groupTranscanada Turbines (UK) Limited made £10.7m revenue and £108k profit in the year to 31 Dec 2025.
Transcanada Turbines (UK) Limited’s revenue grew 4% to £10.7m in the year to 31 Dec 2025, with £108k profit. The company is classified under “repair of other equipment” and is based in Edinburgh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 25 yrs · since 2000
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £10.3m | £10.7m |
| Cost of sales | — | — | −£10.4m | −£10.6m |
| Gross profit | — | — | −£112k | £33k |
| Operating profit | — | — | −£618k | £108k |
| Profit before tax | −£696k | −£362k | — | — |
| Profit (best available) | −£696k | −£362k | −£618k | £108k |
| Employees (average) | 19 | 19 | — | — |
| Ratios | ||||
| Profit margin | — | — | −6% | 1% |
| Gross margin | — | — | −1.1% | 0.3% |
| Profit per employee | −£36.6k | −£19.1k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲4.1% |
| Headcount growth | — | 0% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £506k | — | — |
| Net assets | −£6.1m | −£6.5m | — | — |
| Fixed assets | £80k | £71k | — | — |
| Current assets | £3.5m | £2.3m | — | — |
| Debtors | £1.2m | £712k | — | — |
| Deferred income | £981k | £2.3m | — | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | Accounts · bulk data Jul 2026 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 0.3%
- 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
- Tc Energy Corporation (registered outside the UK register)ultimate parent75–100%
- Transcanada Turbines (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £108k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 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.