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Company No. 02094056 · Incorporated 28 Jan 1987

Turbotech Precision Products Limited

Registered name: TURBOTECH PRECISION PRODUCTS LIMITED

Part of Erlson Precision Holdings Limited group

Turbotech Precision Products Limited made £3.8m revenue and £484k profit in the year to 31 Mar 2025.

Turbotech Precision Products Limited’s revenue fell 18% to £3.8m in the year to 31 Mar 2025, with £484k profit and 30 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Altrincham; we hold 2 years of its filed accounts.

Status
Active
Location
Altrincham, North West
Age
39 yrs · since 1987
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 company is a wholly owned subsidiary of TPP Compressors Limited, a company incorporated in England and Wales, company number 07275437, the registered office is Unit 6, Atlantic Street, Broadheath,”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£3.8m
Growth ▼18.3%
Profit
£484k
Growth ▼29%
Profit margin
12.7%
Gross 37.4%
Employees
30
Change ▼16.7%
Profit / employee
£16.1k
Revenue/employee £127k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£4.7m£3.8m
Cost of sales£2.5m£2.4m
Gross profit£2.1m£1.4m
Operating profit£809k£570k
Profit before tax£774k£466k
Profit after tax£682k£484k
Profit (best available)£682k£484k
Employees (average)3630
Ratios
Profit margin14.6%12.7%
Gross margin45.3%37.4%
Revenue per employee£129k£127k
Profit per employee£18.9k£16.1k
Growth (year on year)
Revenue growth—▼18.3%
Profit growth—▼29%
Headcount growth—▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank£24.2k£72.3k
Net assets£4.7m£5.2m
Fixed assets£847k£772k
Current assets£5.7m£6.5m
Debtors£930k£934k
Deferred income£125k£113k
SourceFullAccounts · bulk data Mar 2026FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
12.7%
Profit ÷ revenue.
Gross margin
37.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£127k
Revenue ÷ average employees.
Profit per employee
£16.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
20.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
24.6%
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
▲10%
Now £5.2m
Cash at bank
▲199%
Now £72.3k
Headcount
▼17%
Now 30
Deferred income
▼10%
Now £113k
Fixed assets
▼9%
Now £772k

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. Erlson Precision Holdings Limitedultimate parent75–100%
  2. TPP Compressors Limited75–100%
  3. Turbotech Precision Products 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 Mar 2025 (profit £484k), 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.