Howells Railway Products Limited
Registered name: HOWELLS RAILWAY PRODUCTS LIMITED
Part of The Howells Group PLC groupHowells Railway Products Limited made £4.8m revenue and £118k profit in the year to 31 Mar 2026. read from filing text
Howells Railway Products Limited’s revenue grew 34% to £4.8m in the year to 31 Mar 2026, with £118k profit and 42 employees. The company is classified under “manufacture of other transport equipment” and is based in Wythenshawe; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Wythenshawe, North West
- Age
- 36 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 undertaking is The Howells Group Plc, a company registered in England and Wales at Longley Lane, Sharston Industrial Estate, Wythenshawe, Manchester, M22 4SS.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| 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 | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £4.8m | £5.1m | £4.3m | £3.6m | £4.8m |
| Cost of sales | £3m | £3.2m | £2.8m | £2.6m | £3m |
| Gross profit | £1.8m | £1.9m | £1.5m | £910k | £1.8m |
| Operating profit | — | — | −£133k | −£767k | £115k |
| Profit before tax | £17.8k | £215k | −£132k | −£764k | £118k |
| Profit after tax | £17.8k | £215k | −£143k | −£764k | £118k |
| Profit (best available) | £17.8k | £215k | −£143k | −£764k | £118k |
| Staff costs | £1.2m | £1.3m | £1.3m | £1.3m | £1.2m |
| Employees (average) | 47 | 45 | 46 | 45 | 42 |
| Ratios | |||||
| Profit margin | 0.4% | 4.2% | −3.3% | −21.5% | 2.5% |
| Gross margin | 37.1% | 37.1% | 35.3% | 25.6% | 37.4% |
| Revenue per employee | £101k | £113k | £94.4k | £78.9k | £114k |
| Profit per employee | £379 | £4.8k | −£3.1k | −£17k | £2.8k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲6.7% | ▼14.4% | ▼18.2% | ▲34.5% |
| Profit growth | — | ▲1106% | ▼166.4% | — | — |
| Headcount growth | — | ▼4.3% | ▲2.2% | ▼2.2% | ▼6.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £638k | £760k | £1.1m | £415k | £528k |
| Net assets | £6.2m | £6.4m | £6.3m | £5.8m | £5.9m |
| Current assets | £6.7m | £7.3m | £6.5m | £6.1m | £6.3m |
| Debtors | £749k | £949k | £456k | £964k | £1m |
| Deferred income | £75.7k | £66.8k | £65.6k | £47.4k | £39.7k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 37.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.7%
- 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
- ▲2%
- Now £5.9m
- Cash at bank
- ▲27%
- Now £528k
- Headcount
- ▼7%
- Now 42
- Deferred income
- ▼16%
- Now £39.7k
- Fixed assets
- —
- Now —
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
- The Howells Group PLCultimate parent75–100%
- Howells Railway Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Telair (Warrington) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £118k), 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.