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Company No. 02326847 · Incorporated 8 Dec 1988

Con Mech Durham 2 Limited

Registered name: CON MECH DURHAM 2 LIMITED

Part of Con Mech Holdings Limited group

Con Mech Durham 2 Limited made £10m revenue and £2.3m profit in the year to 31 Dec 2024. read from filing text

Con Mech Durham 2 Limited’s revenue fell 9% to £10m in the year to 31 Dec 2024, with £2.3m profit and 46 employees. The company is classified under “forging, pressing, stamping and roll-forming of metal; powder metallurgy” and is based in Manchester; we hold 3 years of its filed accounts.

Status
Liquidation
Location
Manchester, North West
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: “The immediate parent company is Con Mech Durham 1 (formerly Henry Williams Group Limited) and the ultimate parent company is Con Mech Holdings Limited. Con Mech Holdings Limited is the smallest and la”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£10m
Growth ▼8.8%
Profit
£2.3m
Growth ▲224.3%
Profit margin
23.3%
Gross 49.6%
Employees
46
Change ▼41.8%
Profit / employee
£50.7k
Revenue/employee £218k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£8.7m£11m£10m
Cost of sales£6.2m£7m£5.1m
Gross profit£2.5m£3.9m£5m
Operating profit£707k£968k£3.2m
Profit before tax£707k£971k£3.2m
Profit after tax£715k£720k£2.3m
Profit (best available)£715k£720k£2.3m
Staff costs£2.8m£3m£1.9m
Employees (average)827946
Ratios
Profit margin8.3%6.6%23.3%
Gross margin28.7%35.9%49.6%
Revenue per employee£106k£139k£218k
Profit per employee£8.7k£9.1k£50.7k
Growth (year on year)
Revenue growth—▲26.9%▼8.8%
Profit growth—▲0.7%▲224.3%
Headcount growth—▼3.7%▼41.8%
Balance sheet — indirect signals, not revenue
Cash at bank£466k£2.3m£2.1m
Net assets£4.9m£5.7m£4.1m
Fixed assets£1.6m£1.1m£397k
Current assets£4.8m£6.7m£4.6m
Debtors£879k£1.2m£427k
Deferred income£286k£404k£161k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
23.3%
Profit ÷ revenue.
Gross margin
49.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£218k
Revenue ÷ average employees.
Profit per employee
£50.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.3%
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
▼28%
Now £4.1m
Cash at bank
▼7%
Now £2.1m
Headcount
▼42%
Now 46
Deferred income
▼60%
Now £161k
Fixed assets
▼63%
Now £397k

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. Con Mech Holdings Limitedultimate parent75–100%
  2. Con Mech Durham 2 Limitedthis company

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

Sister companies (2)

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 Dec 2024 (profit £2.3m), from the Companies House accounts bulk data published Sep 2025. 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.