Astemo UK, Ltd.
Registered name: ASTEMO UK, LTD.
Part of Hitachi, Ltd. groupAstemo UK, Ltd. made £67.2k revenue and £1.2k profit in the year to 31 Mar 2023.
Astemo UK, Ltd.’s revenue grew 19% to £67.2k in the year to 31 Mar 2023, with £1.2k profit and 105 employees. The company is classified under “manufacture of electronic components” and is based in Bolton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bolton, North West
- Age
- 29 yrs · since 1997
- 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.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £56.5k | £67.2k |
| Cost of sales | £44.5k | £54.5k |
| Gross profit | £12k | £12.7k |
| Operating profit | £3.1k | £1.5k |
| Profit before tax | £3.1k | £1.6k |
| Profit after tax | £2.4k | £1.2k |
| Profit (best available) | £2.4k | £1.2k |
| Employees (average) | 97 | 105 |
| Ratios | ||
| Profit margin | 4.2% | 1.8% |
| Gross margin | 21.2% | 19% |
| Revenue per employee | £583 | £640 |
| Profit per employee | £24 | £11 |
| Growth (year on year) | ||
| Revenue growth | — | ▲18.9% |
| Profit growth | — | ▼50.3% |
| Headcount growth | — | ▲8.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £12.5k | £3.4k |
| Net assets | £36.6k | £33.4k |
| Fixed assets | £13.9k | £11.3k |
| Current assets | £38.3k | £37.5k |
| Debtors | £5.3k | £8k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 19%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £640
- Revenue ÷ average employees.
- Profit per employee
- £11
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.9%
- 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
- ▼9%
- Now £33.4k
- Cash at bank
- ▼72%
- Now £3.4k
- Headcount
- ▲8%
- Now 105
- Deferred income
- —
- Now —
- Fixed assets
- ▼18%
- Now £11.3k
Group structure
Ownership chain
- Hitachi, Ltd. (registered outside the UK register)ultimate parent25–50%
- Astemo UK, Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Minority corporate shareholders
- Honda Motor Co. Ltd. (registered outside the UK register) 25–50%
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £1.2k), from the Companies House accounts bulk data published Mar 2024. 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.