Bowmill Engineering Limited
Registered name: BOWMILL ENGINEERING LIMITED
Bowmill Engineering Limited made £18.5m revenue and £826k profit in the year to 31 Dec 2024. read from filing text
Bowmill Engineering Limited’s revenue grew 21% to £18.5m in the year to 31 Dec 2024, with £826k profit and 171 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Poole; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Poole, South West
- Age
- 56 yrs · since 1970
- 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 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £15.3m | £18.5m |
| Cost of sales | £11.4m | £14m |
| Gross profit | £3.9m | £4.5m |
| Operating profit | £1.1m | £1.5m |
| Profit before tax | £648k | £1m |
| Profit after tax | £552k | £826k |
| Profit (best available) | £552k | £826k |
| Employees (average) | 154 | 171 |
| Ratios | ||
| Profit margin | 3.6% | 4.5% |
| Gross margin | 25.7% | 24.5% |
| Revenue per employee | £99.5k | £108k |
| Profit per employee | £3.6k | £4.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲20.9% |
| Profit growth | — | ▲49.5% |
| Headcount growth | — | ▲11% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £87.5k | £61.5k |
| Net assets | £3.3m | £3.4m |
| Fixed assets | £4.1m | £4.1m |
| Current assets | £8.4m | £8.6m |
| Debtors | £1.4m | £2.1m |
| Deferred income | £271k | £332k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 24.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £108k
- Revenue ÷ average employees.
- Profit per employee
- £4.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.2%
- 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
- ▲3%
- Now £3.4m
- Cash at bank
- ▼30%
- Now £61.5k
- Headcount
- ▲11%
- Now 171
- Deferred income
- ▲23%
- Now £332k
- Fixed assets
- ▼0%
- Now £4.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Bowmill Metal Treatments LimitedFigures not disclosed
- Taymar 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 2024 (profit £826k), from the Companies House accounts bulk data published Sep 2025. 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.