Winfield Engineering Limited
Registered name: WINFIELD ENGINEERING LIMITED
Winfield Engineering Limited made £8.4m revenue and £709k profit in the year to 30 Apr 2025. read from filing text
Winfield Engineering Limited’s revenue fell 22% to £8.4m in the year to 30 Apr 2025, with £709k profit and 58 employees. The company is classified under “manufacture of basic iron and steel and of ferro-alloys” and is based in Grantham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Grantham, East Midlands
- Age
- 51 yrs · since 1974
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £8.7m | £10.7m | £8.4m |
| Cost of sales | — | £6.9m | £7.6m | £6.2m |
| Gross profit | — | £1.8m | £3.2m | £2.2m |
| Operating profit | — | £668k | £2.3m | £922k |
| Profit before tax | — | £662k | £2.3m | £912k |
| Profit after tax | — | £570k | £1.7m | £709k |
| Profit (best available) | — | £570k | £1.7m | £709k |
| Employees (average) | 34 | 38 | 67 | 58 |
| Ratios | ||||
| Profit margin | — | 6.5% | 15.9% | 8.4% |
| Gross margin | — | 21% | 29.7% | 25.9% |
| Revenue per employee | — | £229k | £160k | £145k |
| Profit per employee | — | £15k | £25.6k | £12.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲23.3% | ▼21.6% |
| Profit growth | — | — | ▲200.2% | ▼58.6% |
| Headcount growth | — | ▲11.8% | ▲76.3% | ▼13.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £168k | £739k | £1.7m | £1.3m |
| Net assets | £3.7m | £4.1m | £4.3m | £4.3m |
| Fixed assets | £1.8m | £1.7m | £2.4m | £2.5m |
| Current assets | £3.4m | £3.5m | £3.7m | £2.9m |
| Debtors | £1.2m | £1m | £715k | £704k |
| Deferred income | £5.6k | £9.5k | £43.2k | £38.4k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 8.4%
- Profit ÷ revenue.
- Gross margin
- 25.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £145k
- Revenue ÷ average employees.
- Profit per employee
- £12.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 29.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.4%
- 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 £4.3m
- Cash at bank
- ▼27%
- Now £1.3m
- Headcount
- ▼13%
- Now 58
- Deferred income
- ▼11%
- Now £38.4k
- Fixed assets
- ▲2%
- Now £2.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Red Rhino Crushers (UK) LimitedRev. £5.2m · Profit £549k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £709k), from the Companies House accounts bulk data published Jan 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.