Tew Engineering Limited
Registered name: TEW ENGINEERING LIMITED
Part of L.B. Foster Rail Technologies (UK) Limited groupTew Engineering Limited made £7.5m revenue and £78.9k profit in the year to 31 Dec 2024. read from filing text
Tew Engineering Limited’s revenue fell 5% to £7.5m in the year to 31 Dec 2024, with £78.9k profit and 71 employees. The company is classified under “manufacture of other special-purpose machinery” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 53 yrs · since 1973
- 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. From the filing: “The immediate parent company is”
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 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £7.3m | £7.9m | £7.5m |
| Cost of sales | £5.1m | £5.2m | £5.1m |
| Gross profit | £2.3m | £2.7m | £2.4m |
| Operating profit | −£385k | £131k | £225k |
| Profit before tax | −£385k | −£1.3m | £225k |
| Profit after tax | −£383k | −£1.3m | £78.9k |
| Profit (best available) | −£383k | −£1.3m | £78.9k |
| Staff costs | £2.1m | £2.6m | £2.9m |
| Employees (average) | 63 | 77 | 71 |
| Ratios | |||
| Profit margin | −5.2% | −17.1% | 1.1% |
| Gross margin | 30.7% | 34.3% | 31.8% |
| Revenue per employee | £116k | £102k | £105k |
| Profit per employee | −£6.1k | −£17.4k | £1.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.2% | ▼4.9% |
| Headcount growth | — | ▲22.2% | ▼7.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £129k | £50k | £0 |
| Net assets | £7.4m | £6.1m | £7.6m |
| Fixed assets | £3m | £1.9m | £3.8m |
| Current assets | £7.8m | £7.5m | £8.3m |
| Debtors | £1.2m | £982k | £1.5m |
| Deferred income | £460k | £297k | £201k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 31.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £105k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 51.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.5%
- 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
- ▲24%
- Now £7.6m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▼8%
- Now 71
- Deferred income
- ▼32%
- Now £201k
- Fixed assets
- ▲100%
- Now £3.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- L.B. Foster Rail Technologies (UK) Limitedultimate parent75–100%
- Tew Engineering Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Tew Plus LimitedRev. £18.1m · Profit £228k
Sister companies (2)
- Skratch Enterprises LimitedRev. £4.3m · Profit −£471k
- Coronet Rail LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Loop Technology LimitedDorchester · Manufacture of other special-purpose machinery n.e.c.
- Revenue
- £7.1m
- Profit
- £7.9k
- Staff
- 71
- LNS Turbo UK LtdBarnsley · Manufacture of other special-purpose machinery n.e.c.
- Revenue
- £7.9m
- Profit
- £363k
- Staff
- 63
- Leitz Tooling UK LimitedHarlow · Manufacture of other special-purpose machinery n.e.c.
- Revenue
- £7.9m
- Profit
- £23.5k
- Staff
- 66
- BMM Weston LimitedKent · Manufacture of other special-purpose machinery n.e.c.
- Revenue
- £7m
- Profit
- £257k
- Staff
- 85
- Micromech LimitedBraintree · Manufacture of other special-purpose machinery n.e.c.
- Revenue
- £7m
- Profit
- £681k
- Staff
- 23
- Ashe Controls LimitedIpswich · Manufacture of other special-purpose machinery n.e.c.
- Revenue
- £8.2m
- Profit
- £1.6m
- Staff
- 61
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £78.9k), 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.