Con Mech Durham 2 Limited
Registered name: CON MECH DURHAM 2 LIMITED
Part of Con Mech Holdings Limited groupCon 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”
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 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 82 | 79 | 46 |
| Ratios | |||
| Profit margin | 8.3% | 6.6% | 23.3% |
| Gross margin | 28.7% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
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.
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.
Group structure
Ownership chain
- Con Mech Holdings Limitedultimate parent75–100%
- Con Mech Durham 2 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Con Mech Durham 1 LimitedRev. £564k · Profit £52.7k
- Con Mech Group LimitedRev. £502k · Profit £181k
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 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.