Spearhead Machinery Limited
Registered name: SPEARHEAD MACHINERY LIMITED
Part of Alamo Group Inc groupSpearhead Machinery Limited made £12m revenue and £956k profit in the year to 31 Dec 2025. read from filing text
Spearhead Machinery Limited’s revenue fell 28% to £12m in the year to 31 Dec 2025, with £956k profit and 13 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Evesham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Evesham, West Midlands
- Age
- 37 yrs · since 1988
- 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: “In the opinion of the directors, the ultimate parent undertaking of the smallest and largest group of which the company is a member is Alamo Group Inc, Seguin, Texas, USA. Copies of that company's acc”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £13.7m | £16.5m | £16.5m | £12m |
| Cost of sales | £11.1m | £12.6m | £12.8m | £9.5m |
| Gross profit | £2.6m | £3.9m | £3.7m | £2.4m |
| Operating profit | £1.4m | £2.4m | £2.3m | £1.3m |
| Profit before tax | £1.4m | £2.4m | £2.3m | £1.3m |
| Profit after tax | £1.1m | £1.9m | £1.7m | £956k |
| Profit (best available) | £1.1m | £1.9m | £1.7m | £956k |
| Staff costs | £688k | £680k | £719k | £627k |
| Employees (average) | 12 | 12 | 12 | 13 |
| Ratios | ||||
| Profit margin | 8.2% | 11.4% | 10.5% | 8% |
| Gross margin | 18.7% | 23.6% | 22.6% | 20.4% |
| Revenue per employee | £1.1m | £1.4m | £1.4m | £922k |
| Profit per employee | £93.5k | £156k | £145k | £73.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.6% | ▲0.3% | ▼27.6% |
| Profit growth | — | ▲66.9% | ▼7.1% | ▼45.1% |
| Headcount growth | — | 0% | 0% | ▲8.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £853k | £786k | £1.1m | £1.5m |
| Net assets | £4m | £5.8m | £7.6m | £8.5m |
| Fixed assets | £49k | £119k | £103k | £89k |
| Current assets | £16.5m | £6.5m | £8.3m | £9m |
| Debtors | £3.4m | £3.7m | £3.4m | £2.6m |
| Deferred income | £170k | £177k | £171k | £148k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 20.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £922k
- Revenue ÷ average employees.
- Profit per employee
- £73.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.8%
- 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
- ▲13%
- Now £8.5m
- Cash at bank
- ▲37%
- Now £1.5m
- Headcount
- ▲8%
- Now 13
- Deferred income
- ▼13%
- Now £148k
- Fixed assets
- ▼14%
- Now £89k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Alamo Group Inc (registered outside the UK register)ultimate parent75–100%
- Alamo Group Europe Limited75–100%
- Spearhead Machinery Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Timberwolf LimitedRev. £15m · Profit £636k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £956k), from the Companies House accounts bulk data published Sep 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.