Turnspeed Precision Engineering Company Limited
Registered name: TURNSPEED PRECISION ENGINEERING COMPANY LIMITED
Turnspeed Precision Engineering Company Limited made £8.7m revenue and £426k profit in the year to 31 Jul 2025.
Turnspeed Precision Engineering Company Limited’s revenue fell 4% to £8.7m in the year to 31 Jul 2025, with £426k profit and 63 employees. The company is classified under “treatment and coating of metals” and is based in Yeovil; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Yeovil, South West
- Age
- 46 yrs · since 1980
- 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 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £8.3m | £9.1m | £8.7m |
| Cost of sales | £5.1m | £5.4m | £4.9m |
| Gross profit | £3.2m | £3.7m | £3.8m |
| Operating profit | £919k | £1.2m | £900k |
| Profit before tax | £550k | £925k | £591k |
| Profit after tax | £84.2k | £678k | £426k |
| Profit (best available) | £84.2k | £678k | £426k |
| Staff costs | £2.4m | £2.6m | — |
| Employees (average) | 61 | 63 | 63 |
| Ratios | |||
| Profit margin | 1% | 7.4% | 4.9% |
| Gross margin | 38.7% | 40.8% | 43.9% |
| Revenue per employee | £136k | £145k | £139k |
| Profit per employee | £1.4k | £10.8k | £6.8k |
| Cash conversion | −198.3% | −136.5% | 170% |
| Growth (year on year) | |||
| Revenue growth | — | ▲9.5% | ▼4.1% |
| Profit growth | — | ▲705.5% | ▼37.2% |
| Headcount growth | — | ▲3.3% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £277 | £897 | £510 |
| Net assets | £6.8m | £7.3m | £7.5m |
| Fixed assets | £11.2m | £11m | £11.6m |
| Current assets | £3.3m | £3.3m | — |
| Debtors | £2m | £2.1m | £2.8m |
| Deferred income | £216k | £172k | — |
| Cash from operations | −£1.8m | −£1.6m | £1.5m |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 43.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £139k
- Revenue ÷ average employees.
- Profit per employee
- £6.8k
- Profit ÷ average employees.
- Cash conversion
- 170%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 132.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 31.9%
- 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 £7.5m
- Cash at bank
- ▼43%
- Now £510
- Headcount
- 0%
- Now 63
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £11.6m
Similar profitable businesses
- Highland Colour Coaters LimitedMoray · Treatment and coating of metals
- Revenue
- £9m
- Profit
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- Staff
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- Aalberts Surface Technologies LimitedNottingham · Treatment and coating of metals
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- Profit
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- Leeds Galvanising & Powder Coating LimitedLeeds · Treatment and coating of metals
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- Silverwood Enterprise LimitedCraigavon · Treatment and coating of metals
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- Steelstrip Services LimitedDudley · Treatment and coating of metals
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- Twickenham Plating Group LimitedPoole · Treatment and coating of metals
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £426k), from the Companies House accounts bulk data published Mar 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.