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Company No. 02564017 · Incorporated 30 Nov 1990

Omega Engineering Limited

Registered name: OMEGA ENGINEERING LIMITED

Omega Engineering Limited made £16.2m revenue and £146k profit in the year to 31 Dec 2024. read from filing text

Omega Engineering Limited’s revenue fell 2% to £16.2m in the year to 31 Dec 2024, with £146k profit and 33 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47910Retail sale via mail order houses or via Internet
Status
Active
Location
Manchester, North West
Age
35 yrs · since 1990
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 company's immediate parent company is Omega Engineering Inc, a company incorporated in Delaware, USA. Omega Engineering Inc is the smallest and largest group for which consolidated accounts are pr”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed
Revenue
£16.2m
Growth ▼1.5%
Profit
£146k
Growth ▼78.7%
Profit margin
0.9%
Gross 21.1%
Employees
33
Change ▲22.2%
Profit / employee
£4.4k
Revenue/employee £492k
Profitable streak
4yrs
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 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureProfit onlyProfit onlyFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)——£16.5m£16.2m
Cost of sales£10.3m£12.2m£13.1m£12.8m
Gross profit——£3.4m£3.4m
Operating profit——£925k£233k
Profit before tax——£929k£212k
Profit after tax£820k£3.2m£688k£146k
Profit (best available)£820k£3.2m£688k£146k
Staff costs£1.4m£1.3m£1.4m£1.9m
Employees (average)6,187,6441,970,2072733
Ratios
Profit margin——4.2%0.9%
Gross margin——20.5%21.1%
Revenue per employee——£611k£492k
Profit per employee£0£2£25.5k£4.4k
Cash conversion——255.5%−188.8%
Growth (year on year)
Revenue growth———▼1.5%
Profit growth—▲287.3%▼78.3%▼78.7%
Headcount growth—▼68.2%▼100%▲22.2%
Balance sheet — indirect signals, not revenue
Cash at bank£1m£3.2m£631k£916k
Net assets—£3.5m£4.2m£4.4m
Fixed assets£220k£196k£466k£433k
Current assets——£6.6m£7.3m
Debtors£1.7m£1.8m£1.4m£1.7m
Deferred income£702k£655k£465k£612k
Cash from operations−£860k−£1.4m£2.4m−£441k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Oct 2025FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
0.9%
Profit ÷ revenue.
Gross margin
21.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£492k
Revenue ÷ average employees.
Profit per employee
£4.4k
Profit ÷ average employees.
Cash conversion
−188.8%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.2%
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
▲3%
Now £4.4m
Cash at bank
▲45%
Now £916k
Headcount
▲22%
Now 33
Deferred income
▲32%
Now £612k
Fixed assets
▼7%
Now £433k

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

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £146k), from the Companies House accounts bulk data published Oct 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.