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Company No. 00509831 · Incorporated 17 Jul 1952

Harwin PLC

Registered name: HARWIN PLC

Harwin PLC made £77.9m revenue and £15.5m profit in the year to 31 Mar 2026.

Harwin PLC’s revenue grew 32% to £77.9m in the year to 31 Mar 2026, with £15.5m profit and 334 employees. The company is classified under “manufacture of electronic components” and is based in Portsmouth; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26110Manufacture of electronic components
Status
Active
Location
Portsmouth, South East
Age
74 yrs · since 1952
Type
Public Limited Company
Latest accounts · year to 31 Mar 2026

Key figures

IndependentOperating leverage
Revenue
£77.9m
Growth ▲31.7%
Profit
£15.5m
Growth ▲86.3%
Profit margin
19.9%
Gross 46.3%
Employees
334
Change ▲5.7%
Profit / employee
£46.5k
Revenue/employee £233k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£60.7m£59.2m£77.9m
Cost of sales−£30.4m−£31.8m−£41.9m
Gross profit£30.4m£27.4m£36.1m
Operating profit£14.2m£9.9m£19.6m
Profit before tax£14.4m£10.2m£19.6m
Profit after tax£10.5m£8.3m£15.5m
Profit (best available)£10.5m£8.3m£15.5m
Employees (average)296316334
Ratios
Profit margin17.4%14.1%19.9%
Gross margin50%46.3%46.3%
Revenue per employee£205k£187k£233k
Profit per employee£35.6k£26.4k£46.5k
Growth (year on year)
Revenue growth—▼2.6%▲31.7%
Profit growth—▼21%▲86.3%
Headcount growth—▲6.8%▲5.7%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
19.9%
Profit ÷ revenue.
Gross margin
46.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£233k
Revenue ÷ average employees.
Profit per employee
£46.5k
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.
Indirect — not revenue

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
▲6%
Now 334
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Mar 2026 (profit £15.5m), from the Companies House accounts bulk data published Sep 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.