How much does Neida Products (Engineering) Limited make?

Neida Products (Engineering) Limited reported revenue of £21.1m and £3.1m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Neida Products (Engineering) Limited have?

Neida Products (Engineering) Limited reported an average of 72 employees in the year to 31 Mar 2025.

Is Neida Products (Engineering) Limited profitable?

Yes — Neida Products (Engineering) Limited reported a profit of £3.1m in the year to 31 Mar 2025.

Company No. 01420381 · Incorporated 16 May 1979

Neida Products (Engineering) Limited

Registered name: NEIDA PRODUCTS (ENGINEERING) LIMITED

Part of Neida Limited group

Neida Products (Engineering) Limited made £21.1m revenue and £3.1m profit in the year to 31 Mar 2025.

Neida Products (Engineering) Limited’s revenue fell 5% to £21.1m in the year to 31 Mar 2025, with £3.1m profit and 72 employees. The company is classified under “machining” and is based in Staffordshire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining

Status: Active
Location: Staffordshire, West Midlands
Age: 47 yrs · since 1979
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 Mar 2025

Key figures

Capital-light

Revenue

£21.1m

Growth ▼5.3%

Profit

£3.1m

Growth ▼13.5%

Profit margin

14.8%

Gross 58.4%

Employees

Change ▼14.3%

Profit / employee

£43.5k

Revenue/employee £294k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.1m	£21.8m	£22.3m	£21.1m
Cost of sales	£8.3m	£11.4m	£10.7m	£8.8m
Gross profit	£8.8m	£10.4m	£11.6m	£12.3m
Operating profit	£3.3m	£3.9m	£4.3m	£4.1m
Profit before tax	£3.3m	£4m	£4.3m	£4.2m
Profit after tax	£2.9m	£3.5m	£3.6m	£3.1m
Profit (best available)	£2.9m	£3.5m	£3.6m	£3.1m
Staff costs	£2.5m	£2.8m	£3.2m	£3.3m
Employees (average)	79	87	84	72
Ratios
Profit margin	16.7%	15.9%	16.3%	14.8%
Gross margin	51.6%	47.8%	52.2%	58.4%
Revenue per employee	£216k	£250k	£266k	£294k
Profit per employee	£36.1k	£39.7k	£43.1k	£43.5k
Growth (year on year)
Revenue growth	—	▲27.4%	▲2.5%	▼5.3%
Profit growth	—	▲20.9%	▲5%	▼13.5%
Headcount growth	—	▲10.1%	▼3.5%	▼14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£2m	£1.7m	£3.5m
Net assets	£2.8m	£4m	£4.9m	£5.3m
Fixed assets	£146k	£122k	£134k	£166k
Current assets	£7.9m	£9m	£9.2m	£10.1m
Debtors	£3.2m	£3.7m	£3.7m	£3.1m
Deferred income	£209k	£365k	£363k	£274k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 14.8%; Profit ÷ revenue.
Gross margin: 58.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £294k; Revenue ÷ average employees.
Profit per employee: £43.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.5%; 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: ▲8%; Now £5.3m
Cash at bank: ▲103%; Now £3.5m
Headcount: ▼14%; Now 72
Deferred income: ▼25%; Now £274k
Fixed assets: ▲24%; Now £166k

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

Neida Limitedultimate parent75–100%
Neida Products (Engineering) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

G Squared UK LimitedFigures not disclosed
Neida Blue 62 LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.1m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.