How much does Spaw Engineering Limited make?

Spaw Engineering Limited reported revenue of £11.3m and £455k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Spaw Engineering Limited have?

Spaw Engineering Limited reported an average of 83 employees in the year to 31 Oct 2025.

Is Spaw Engineering Limited profitable?

Yes — Spaw Engineering Limited reported a profit of £455k in the year to 31 Oct 2025.

Company No. 00852576 · Incorporated 24 Jun 1965

Spaw Engineering Limited

Registered name: SPAW ENGINEERING LIMITED

Part of Twingear Holdings Limited group

Spaw Engineering Limited made £11.3m revenue and £455k profit in the year to 31 Oct 2025.

Spaw Engineering Limited’s revenue grew 9% to £11.3m in the year to 31 Oct 2025, with £455k profit and 83 employees. The company is classified under “manufacture of other parts and accessories for motor vehicles” and is based in Leicester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 29320Manufacture of other parts and accessories for motor vehicles

Status: Active
Location: Leicester, East Midlands
Age: 61 yrs · since 1965
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.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£11.3m

Growth ▲9.5%

Profit

£455k

Growth ▲137.5%

Profit margin

Gross 14.3%

Employees

Change ▲5.1%

Profit / employee

£5.5k

Revenue/employee £136k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.7m	£12.4m	£10.3m	£11.3m
Cost of sales	£10.4m	£10.6m	£9.1m	£9.7m
Gross profit	£2.4m	£1.8m	£1.3m	£1.6m
Operating profit	£1.2m	£558k	£256k	£606k
Profit before tax	£1.2m	£555k	£273k	£622k
Profit after tax	£981k	£405k	£192k	£455k
Profit (best available)	£981k	£405k	£192k	£455k
Staff costs	£3m	£2.8m	£2.6m	£2.9m
Employees (average)	86	88	79	83
Ratios
Profit margin	7.7%	3.3%	1.9%	4%
Gross margin	18.5%	14.5%	12.3%	14.3%
Revenue per employee	£148k	£141k	£131k	£136k
Profit per employee	£11.4k	£4.6k	£2.4k	£5.5k
Cash conversion	−132.3%	−119.8%	−145.4%	−110.3%
Growth (year on year)
Revenue growth	—	▼2.9%	▼16.6%	▲9.5%
Profit growth	—	▼58.7%	▼52.7%	▲137.5%
Headcount growth	—	▲2.3%	▼10.2%	▲5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.4m	£1.5m	£1.8m
Net assets	£2.4m	£2.6m	£2.8m	£3.1m
Fixed assets	£732k	£794k	£620k	£453k
Current assets	£4.3m	£4m	£3.7m	£4.3m
Debtors	£1.2m	£1.1m	£985k	£1m
Deferred income	£424k	£273k	£368k	£368k
Cash from operations	−£1.6m	−£668k	−£373k	−£668k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £136k; Revenue ÷ average employees.
Profit per employee: £5.5k; Profit ÷ average employees.
Cash conversion: −110.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9%; 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: ▲9%; Now £3.1m
Cash at bank: ▲19%; Now £1.8m
Headcount: ▲5%; Now 83
Deferred income: ▼0%; Now £368k
Fixed assets: ▼27%; Now £453k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Twingear Holdings Limitedultimate parent75–100%
Spaw Engineering 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £455k), from the Companies House accounts bulk data published May 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.