Harmon (Form Tools) Limited
Registered name: HARMON (FORM TOOLS) LIMITED
Harmon (Form Tools) Limited made £11.5m revenue and £302k profit in the year to 31 Dec 2025. read from filing text
Harmon (Form Tools) Limited’s revenue grew 28% to £11.5m in the year to 31 Dec 2025, with £302k profit and 103 employees. The company is classified under “cold forming or folding”; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- South West
- Age
- 62 yrs · since 1964
- 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 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £6.2m | £6.3m | £8.1m | £9m | £11.5m |
| Cost of sales | £4.2m | £4m | £5.5m | £6.2m | £8m |
| Gross profit | £2.1m | £2.4m | £2.5m | £2.8m | £3.6m |
| Operating profit | £66.2k | £5.1k | £26.8k | £379k | £573k |
| Profit before tax | −£24.4k | −£125k | −£131k | £193k | £268k |
| Profit after tax | −£20.8k | −£152k | −£145k | £176k | £302k |
| Profit (best available) | −£20.8k | −£152k | −£145k | £176k | £302k |
| Employees (average) | 126 | 96 | 94 | 105 | 103 |
| Ratios | |||||
| Profit margin | −0.3% | −2.4% | −1.8% | 2% | 2.6% |
| Gross margin | 33.3% | 37.2% | 31.4% | 31% | 30.9% |
| Revenue per employee | £49.4k | £65.9k | £85.8k | £85.8k | £112k |
| Profit per employee | −£165 | −£1.6k | −£1.5k | £1.7k | £2.9k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲1.7% | ▲27.4% | ▲11.7% | ▲27.7% |
| Profit growth | — | — | — | — | ▲71.5% |
| Headcount growth | — | ▼23.8% | ▼2.1% | ▲11.7% | ▼1.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £10.8k | £5k | £36.2k | £6.6k | £6.4k |
| Net assets | £3m | £3.4m | £3.7m | £3.8m | £3.8m |
| Fixed assets | £3.6m | £4.1m | £4.5m | £4.6m | £4.9m |
| Current assets | £576k | £637k | £786k | £860k | £827k |
| Debtors | £9.9k | £1.1k | £0 | £0 | £0 |
| Deferred income | £49.1k | £43.4k | £46.2k | £43.6k | £42.7k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 30.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £112k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 42.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲1%
- Now £3.8m
- Cash at bank
- ▼3%
- Now £6.4k
- Headcount
- ▼2%
- Now 103
- Deferred income
- ▼2%
- Now £42.7k
- Fixed assets
- ▲6%
- Now £4.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (5)
- Harmon Fabrication LimitedFigures not disclosed
- Harmon Group LimitedFigures not disclosed
- Harmon Manufacturing LimitedFigures not disclosed
- Harmon Metal Treatments LimitedRev. — · Profit £0
- Harmon Precision Grinding LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £302k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.