Northern Carbide Specialists Ltd.
Registered name: NORTHERN CARBIDE SPECIALISTS LTD.
Part of Whitestone Company Holdings Limited groupNorthern Carbide Specialists Ltd. made £269k profit in the year to 31 Dec 2024 (revenue not disclosed).
Northern Carbide Specialists Ltd. reported £269k profit in the year to 31 Dec 2024; its revenue was not disclosed. It had 13 employees. The company is classified under “machining” and is based in Coventry; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 35 yrs · since 1991
- 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 is a subsidiary of IRW Limited which is the ultimate parent company incorporated in England and Wales.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit after tax | — | — | £77.2k | £269k |
| Profit (best available) | — | — | £77.2k | £269k |
| Employees (average) | 15 | 15 | 13 | 13 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | — | — | £5.9k | £20.7k |
| Growth (year on year) | ||||
| Headcount growth | — | 0% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £1.4m | £1.6m | £1.8m |
| Net assets | £2.8m | £2.3m | £2.4m | £2.4m |
| Fixed assets | £1.1m | £1m | £944k | £899k |
| Current assets | £2.3m | £1.8m | £2m | £2.2m |
| Debtors | £399k | £349k | £321k | £328k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £20.7k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now £2.4m
- Cash at bank
- —
- Now £1.8m
- Headcount
- —
- Now 13
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £899k
Group structure
Ownership chain
- Whitestone Company Holdings Limitedultimate parent50–75%
- Irw Limited75–100%
- Northern Carbide Holdings Limited75–100%
- Northern Carbide Specialists Ltd.this 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).
Similar profitable businesses
- Hydac Technology LimitedBuckinghamshire · Machining
- Revenue
- £33.2m
- Profit
- £22.2m
- Staff
- 158
- Cavendish (Northern) LimitedBillingham · Machining
- Revenue
- £38.5m
- Profit
- £6.6m
- Staff
- 309
- G T Emissions Systems LimitedPeterlee · Machining
- Revenue
- £42.3m
- Profit
- £5.5m
- Staff
- 182
- Track Components LtdGloucester · Machining
- Revenue
- £19.9m
- Profit
- £5.4m
- Staff
- 47
- F.T. Gearing Systems LimitedAldershot · Machining
- Revenue
- £19.6m
- Profit
- £4.9m
- Staff
- 114
- D.H. Industries LimitedLaindon · Machining
- Revenue
- £35.6m
- Profit
- £4.5m
- Staff
- 94
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £269k), from the Companies House accounts bulk data published Nov 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.