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Company No. 02367406 · Incorporated 31 Mar 1989

Welin Lambie Limited

Registered name: WELIN LAMBIE LIMITED

Part of Thorn Acquisitionco Ltd group

Welin Lambie Limited made £9.4m revenue and £1.2m profit in the year to 31 Dec 2025. read from filing text

Welin Lambie Limited’s revenue fell 8% to £9.4m in the year to 31 Dec 2025, with £1.2m profit and 46 employees. The company is classified under “other manufacturing” and is based in Brierley Hill; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Brierley Hill, West Midlands
Age
37 yrs · since 1989
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 Thorn Acquisitionco Limited. The registered office is the same as that given on the company information page.”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£9.4m
Growth ▼7.7%
Profit
£1.2m
Growth —
Profit margin
12.4%
Gross 51%
Employees
46
Change ▼6.1%
Profit / employee
£25.5k
Revenue/employee £205k
Profitable streak
1yr
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 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureProfit onlyFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£10.2m£10.2m£9.4m
Cost of sales—£4.8m£4.8m£4.6m
Gross profit—£5.4m£5.4m£4.8m
Operating profit—£1.9m−£635k£1.6m
Profit before tax—£1.9m−£617k£1.6m
Profit after tax£2m£1.5m−£1.3m£1.2m
Profit (best available)£2m£1.5m−£1.3m£1.2m
Staff costs—£2.5m£2.5m£2.4m
Employees (average)—464946
Ratios
Profit margin—14.2%−12.5%12.4%
Gross margin—52.9%53.2%51%
Revenue per employee—£223k£209k£205k
Profit per employee—£31.6k−£26k£25.5k
Cash conversion—17.3%——
Growth (year on year)
Revenue growth——▼0.1%▼7.7%
Profit growth—▼28.3%▼187.8%—
Headcount growth——▲6.5%▼6.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£803k£1.6m£3.1m
Net assets£5m£6.5m£5.2m£6.4m
Fixed assets£1m£1m£1.1m£967k
Current assets£5.5m£6.6m£9.2m£7.3m
Debtors£1.1m£2.1m£735k£732k
Deferred income—£243k£323k£828k
Cash from operations—£329k−£1m—
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
12.4%
Profit ÷ revenue.
Gross margin
51%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£205k
Revenue ÷ average employees.
Profit per employee
£25.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
8.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.8%
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
▲23%
Now £6.4m
Cash at bank
▲86%
Now £3.1m
Headcount
▼6%
Now 46
Deferred income
▲156%
Now £828k
Fixed assets
▼11%
Now £967k

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. Thorn Acquisitionco Ltdultimate parent75–100%
  2. Welin Lambie 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

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), 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.