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Company No. 01815080 · Incorporated 10 May 1984

Glendale Engineering (Milfield) Limited

Registered name: GLENDALE ENGINEERING (MILFIELD) LIMITED

Part of Glendale Engineering Holdings Limited group

Glendale Engineering (Milfield) Limited made £8.4m revenue and £462k profit in the year to 31 Oct 2025. read from filing text

Glendale Engineering (Milfield) Limited’s revenue fell 12% to £8.4m in the year to 31 Oct 2025, with £462k profit and 53 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Newcastle Upon Tyne; we hold 4 years of its filed accounts.

Status
Active
Location
Newcastle Upon Tyne, North East
Age
42 yrs · since 1984
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: “Dividends totalling £1,603,194 were paid in the year in respect of shares held by the Holding company.”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-light
Revenue
£8.4m
Growth ▼11.8%
Profit
£462k
Growth ▲346.1%
Profit margin
5.5%
Gross 29.8%
Employees
53
Change ▼3.6%
Profit / employee
£8.7k
Revenue/employee £158k
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 to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£10.6m£9.2m£9.5m£8.4m
Cost of sales£8.1m£6.8m£7.4m£5.9m
Gross profit£2.6m£2.5m£2m£2.5m
Operating profit£443k£548k£124k£256k
Profit before tax£430k£535k£138k£259k
Profit after tax£264k£421k£103k£462k
Profit (best available)£264k£421k£103k£462k
Staff costs£2.4m£2m£2.1m£2.1m
Employees (average)69575553
Ratios
Profit margin2.5%4.6%1.1%5.5%
Gross margin24%26.8%21.5%29.8%
Revenue per employee£154k£162k£172k£158k
Profit per employee£3.8k£7.4k£1.9k£8.7k
Cash conversion−179%−205.7%−538.2%—
Growth (year on year)
Revenue growth—▼13.2%▲2.7%▼11.8%
Profit growth—▲59.7%▼75.4%▲346.1%
Headcount growth—▼17.4%▼3.5%▼3.6%
Balance sheet — indirect signals, not revenue
Cash at bank£512k£906k£864k£829k
Net assets£2.9m£3.1m£3m£1.7m
Fixed assets£1.5m£1.4m£1.3m£287k
Current assets£4.2m£3.9m£3.6m£4m
Debtors£1.9m£1.3m£1m£1.5m
Deferred income£19.9k£116k£21.5k£427k
Cash from operations−£793k−£1.1m−£670k—
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
5.5%
Profit ÷ revenue.
Gross margin
29.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£158k
Revenue ÷ average employees.
Profit per employee
£8.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.8%
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
▼42%
Now £1.7m
Cash at bank
▼4%
Now £829k
Headcount
▼4%
Now 53
Deferred income
▲1886%
Now £427k
Fixed assets
▼78%
Now £287k

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

  1. Glendale Engineering Holdings Limitedultimate parent75–100%
  2. Glendale Engineering (Milfield) Limitedthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £462k), from the Companies House accounts bulk data published Apr 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.