How much does The Engineering Technology Group Limited make?

The Engineering Technology Group Limited reported revenue of £13.8m and £24.9k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does The Engineering Technology Group Limited have?

The Engineering Technology Group Limited reported an average of 54 employees in the year to 31 Dec 2024.

Is The Engineering Technology Group Limited profitable?

Yes — The Engineering Technology Group Limited reported a profit of £24.9k in the year to 31 Dec 2024.

Company No. 03257704 · Incorporated 2 Oct 1996

The Engineering Technology Group Limited

Registered name: THE ENGINEERING TECHNOLOGY GROUP LIMITED

Part of The Engineering Technology Group Holdings Limited group

The Engineering Technology Group Limited made £13.8m revenue and £24.9k profit in the year to 31 Dec 2024. read from filing text

The Engineering Technology Group Limited’s revenue grew 14% to £13.8m in the year to 31 Dec 2024, with £24.9k profit and 54 employees. The company is classified under “wholesale of machine tools” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46620Wholesale of machine tools

Status: In Administration
Location: Birmingham, West Midlands
Age: 30 yrs · since 1996
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 largest and smallest group within which the company are consolidated is the company's ultimate holding company, The Engineering Technology Group Holdings Limited whose registered office is Wellesb”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£13.8m

Growth ▲13.8%

Profit

£24.9k

Growth ▲31.4%

Profit margin

0.2%

Gross 17.4%

Employees

Change ▼1.8%

Profit / employee

£461

Revenue/employee £255k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.7m	£12.1m	£13.8m
Cost of sales	£7m	£10m	£11.4m
Gross profit	£1.7m	£2.1m	£2.4m
Operating profit	£317k	£106k	£125k
Profit before tax	£278k	£18.9k	£24.9k
Profit after tax	£278k	£18.9k	£24.9k
Profit (best available)	£278k	£18.9k	£24.9k
Staff costs	£3.2m	£3.3m	£3.4m
Employees (average)	54	55	54
Ratios
Profit margin	3.2%	0.2%	0.2%
Gross margin	19.8%	17.6%	17.4%
Revenue per employee	£161k	£220k	£255k
Profit per employee	£5.1k	£344	£461
Cash conversion	−29.7%	−438.8%	−80.7%
Growth (year on year)
Revenue growth	—	▲39.6%	▲13.8%
Profit growth	—	▼93.2%	▲31.4%
Headcount growth	—	▲1.8%	▼1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£11.3k	£0	£494
Net assets	£1.8m	£1.8m	£1.8m
Fixed assets	£318k	£232k	£137k
Current assets	£13.6m	£14m	£12.3m
Debtors	£2.4m	£920k	£1.4m
Deferred income	£24.6k	£19.6k	£14.6k
Cash from operations	−£94.2k	−£464k	−£101k
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 17.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £255k; Revenue ÷ average employees.
Profit per employee: £461; Profit ÷ average employees.
Cash conversion: −80.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10%; 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: ▲1%; Now £1.8m
Cash at bank: —; Now £494
Headcount: ▼2%; Now 54
Deferred income: ▼26%; Now £14.6k
Fixed assets: ▼41%; Now £137k

Corporate ownership

Group structure

Ownership chain

The Engineering Technology Group Holdings Limitedultimate parent75–100%
The Engineering Technology Group Limitedthis company

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

Sister companies (6)

Chiron Werke UK LimitedFigures not disclosed
Etg Bridgeport UK LimitedFigures not disclosed
Etg Engineering Solutions LimitedIn AdministrationFigures not disclosed
H K (Holdings) LimitedFigures not disclosed
Hyfore Workholding LimitedIn AdministrationFigures not disclosed
Turning Technologies UK LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £24.9k), from the Companies House accounts bulk data published Dec 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.