Titan Motorsport & Automotive Engineering Ltd
Registered name: TITAN MOTORSPORT & AUTOMOTIVE ENGINEERING LTD
Part of Titan Engineering Group Limited groupTitan Motorsport & Automotive Engineering Ltd made £9.8m revenue and £585k profit in the year to 30 Sep 2024. read from filing text
Titan Motorsport & Automotive Engineering Ltd’s revenue grew 1% to £9.8m in the year to 30 Sep 2024, with £585k profit and 81 employees. The company is classified under “manufacture of motor vehicles” and is based in ST. Neots; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- ST. Neots, East of England
- Age
- 51 yrs · since 1975
- 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 and ultimate controlling party by way of majority shareholding is Titan Engineering Group Limited, a company incorporated in England and Wales. Its registered office is Un”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £9.2m | £9.7m | £9.8m |
| Cost of sales | £6.5m | £7.1m | £7.1m |
| Gross profit | £2.7m | £2.6m | £2.8m |
| Operating profit | £521k | £329k | £775k |
| Profit before tax | £483k | £273k | £698k |
| Profit after tax | £428k | £293k | £585k |
| Profit (best available) | £428k | £293k | £585k |
| Staff costs | £3.8m | £4m | £3.8m |
| Employees (average) | 81 | 86 | 81 |
| Ratios | |||
| Profit margin | 4.6% | 3% | 6% |
| Gross margin | 29.3% | 26.6% | 28.1% |
| Revenue per employee | £114k | £113k | £121k |
| Profit per employee | £5.3k | £3.4k | £7.2k |
| Cash conversion | 151.8% | −92% | −21.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.1% | ▲1.3% |
| Profit growth | — | ▼31.6% | ▲99.9% |
| Headcount growth | — | ▲6.2% | ▼5.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £19.2k | £59.6k | £138 |
| Net assets | £2.9m | £3.2m | £3.8m |
| Fixed assets | £1.8m | £1.6m | £1.3m |
| Current assets | £4.5m | £4.6m | £5.5m |
| Debtors | £1.8m | £1m | £1.5m |
| Deferred income | £666k | £489k | £225k |
| Cash from operations | £791k | −£302k | −£164k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 28.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £121k
- Revenue ÷ average employees.
- Profit per employee
- £7.2k
- Profit ÷ average employees.
- Cash conversion
- −21.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.8%
- 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
- ▲18%
- Now £3.8m
- Cash at bank
- ▼100%
- Now £138
- Headcount
- ▼6%
- Now 81
- Deferred income
- ▼54%
- Now £225k
- Fixed assets
- ▼17%
- Now £1.3m
Group structure
Ownership chain
- Titan Engineering Group Limitedultimate parent75–100%
- Titan Motorsport & Automotive Engineering Ltdthis 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).
Similar profitable businesses
- Brotherwood Automobility LimitedSherborne · Manufacture of motor vehicles
- Revenue
- £12.3m
- Profit
- £736k
- Staff
- 62
- John Bradshaw LimitedPeterborough · Manufacture of motor vehicles
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- £14.7m
- Profit
- £206k
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- Wellhouse Leisure LtdBarnsley · Manufacture of motor vehicles
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- Profit
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- TRS Tyres LtdMorecambe · Manufacture of motor vehicles
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £585k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 12 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.