Westec Holding Company Limited
Registered name: WESTEC HOLDING COMPANY LIMITED
Part of Dr Johannes Heidenhain Gmbh groupWestec Holding Company Limited made £32.7m revenue and £3m profit in the year to 31 Dec 2025.
Westec Holding Company Limited’s revenue grew 10% to £32.7m in the year to 31 Dec 2025, with £3m profit and 178 employees. The company is classified under “activities of head offices” and is based in West Sussex; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Sussex, South East
- Age
- 26 yrs · since 1999
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 parent company is Dr Johannes Heidenhain GmbH, a company registered in Germany, which is”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £34.3m | £32.3m | £29.7m | £32.7m |
| Cost of sales | £24.1m | £22.1m | £19.4m | £21.6m |
| Gross profit | — | £10.2m | £10.4m | £11.2m |
| Operating profit | — | £3.8m | £4.2m | £4.8m |
| Profit before tax | — | — | £5.2m | £5m |
| Profit after tax | £2.9m | £2.9m | £3m | £3m |
| Profit (best available) | £2.9m | £2.9m | £3m | £3m |
| Employees (average) | 187 | 187 | 179 | 178 |
| Ratios | ||||
| Profit margin | 8.6% | 8.9% | 9.9% | 9.1% |
| Gross margin | — | 31.6% | 34.8% | 34.1% |
| Revenue per employee | £183k | £173k | £166k | £184k |
| Profit per employee | £15.7k | £15.4k | £16.5k | £16.7k |
| Cash conversion | — | 3.4% | −0.8% | 0.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼5.8% | ▼7.9% | ▲10.1% |
| Profit growth | — | ▼1.8% | ▲2.2% | ▲0.9% |
| Headcount growth | — | 0% | ▼4.3% | ▼0.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £348k | £241k | £278k | £255k |
| Net assets | — | £48.2m | £39.1m | £40.3m |
| Fixed assets | £47.9m | £47.9m | £42.9m | £17.6m |
| Current assets | £481k | £362k | £293k | £274k |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £5.9k | £6.3k | £5.3k | £6k |
| Cash from operations | — | £129k | −£34.4k | £22.7k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 9.1%
- Profit ÷ revenue.
- Gross margin
- 34.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £184k
- Revenue ÷ average employees.
- Profit per employee
- £16.7k
- Profit ÷ average employees.
- Cash conversion
- 0.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 53.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲3%
- Now £40.3m
- Cash at bank
- ▼8%
- Now £255k
- Headcount
- ▼1%
- Now 178
- Deferred income
- ▲12%
- Now £6k
- Fixed assets
- ▼59%
- Now £17.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Dr Johannes Heidenhain Gmbh (registered outside the UK register)ultimate parent75–100%
- Westec Holding Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Sem LimitedRev. £20.1m · Profit £897k
- Heidenhain GB LimitedRev. — · Profit £794k
- Machineworks LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3m), 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.