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Company No. 02439668 · Incorporated 3 Nov 1989

Howells Railway Products Limited

Registered name: HOWELLS RAILWAY PRODUCTS LIMITED

Part of The Howells Group PLC group

Howells 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.

Full P&L filedSection C · ManufacturingSIC 30990Manufacture of other transport equipment n.e.c.
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.”

Latest accounts · year to 31 Mar 2026

Key figures

Doing more with less
Revenue
£4.8m
Growth ▲34.5%
Profit
£118k
Growth —
Profit margin
2.5%
Gross 37.4%
Employees
42
Change ▼6.7%
Profit / employee
£2.8k
Revenue/employee £114k
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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull 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)4745464542
Ratios
Profit margin0.4%4.2%−3.3%−21.5%2.5%
Gross margin37.1%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
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. The Howells Group PLCultimate parent75–100%
  2. Howells Railway Products Limitedthis company

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

Sister companies (1)

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 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.