How much does Ledwood Mechanical Engineering Limited make?

Ledwood Mechanical Engineering Limited reported revenue of £39.2m and £130k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Ledwood Mechanical Engineering Limited have?

Ledwood Mechanical Engineering Limited reported an average of 185 employees in the year to 31 Dec 2025.

Is Ledwood Mechanical Engineering Limited profitable?

Yes — Ledwood Mechanical Engineering Limited reported a profit of £130k in the year to 31 Dec 2025.

Company No. 04045742 · Incorporated 2 Aug 2000

Ledwood Mechanical Engineering Limited

Registered name: LEDWOOD MECHANICAL ENGINEERING LIMITED

Part of Ledwood Protective Coatings Limited group

Ledwood Mechanical Engineering Limited made £39.2m revenue and £130k profit in the year to 31 Dec 2025.

Ledwood Mechanical Engineering Limited’s revenue fell 31% to £39.2m in the year to 31 Dec 2025, with £130k profit and 185 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Pembroke Dock; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25110Manufacture of metal structures and parts of structures SIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Pembroke Dock, Wales
Age: 26 yrs · since 2000
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£39.2m

Growth ▼31.5%

Profit

£130k

Growth ▲588.6%

Profit margin

0.3%

Gross 9.5%

Employees

185

Change ▼43.8%

Profit / employee

£703

Revenue/employee £212k

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 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)	£18.6m	£31.9m	£57.3m	£39.2m
Cost of sales	£14.1m	£28.3m	£52.2m	£35.5m
Gross profit	£4.5m	£3.6m	£5.1m	£3.7m
Operating profit	£2m	£636k	£376k	£316k
Profit before tax	£1.9m	£556k	£103k	£97.2k
Profit after tax	£1.6m	£424k	£18.9k	£130k
Profit (best available)	£1.6m	£424k	£18.9k	£130k
Staff costs	£9.3m	£15.4m	£25.2m	£17.7m
Employees (average)	154	231	329	185
Ratios
Profit margin	8.4%	1.3%	0%	0.3%
Gross margin	24.1%	11.4%	8.9%	9.5%
Revenue per employee	£121k	£138k	£174k	£212k
Profit per employee	£10.1k	£1.8k	£57	£703
Growth (year on year)
Revenue growth	—	▲71.8%	▲79.5%	▼31.5%
Profit growth	—	▼72.8%	▼95.5%	▲588.6%
Headcount growth	—	▲50%	▲42.4%	▼43.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.7m	£1.2m	£4.3m	£1m
Net assets	£12.5m	£13m	£13m	£13.1m
Fixed assets	£1.1m	£1.4m	£2m	£1.9m
Current assets	£18.1m	£18m	£24.6m	£23.1m
Debtors	£2.8m	£4.7m	£7.2m	£7.6m
Deferred income	£68k	£63.7k	£59.5k	£55.2k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.3%; Profit ÷ revenue.
Gross margin: 9.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £212k; Revenue ÷ average employees.
Profit per employee: £703; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.7%; 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: 19.4%; 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 £13.1m
Cash at bank: ▼77%; Now £1m
Headcount: ▼44%; Now 185
Deferred income: ▼7%; Now £55.2k
Fixed assets: ▼9%; Now £1.9m

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

Ownership chain

Ledwood Protective Coatings Limitedultimate parent75–100%
Ledwood Mechanical Engineering Limitedthis 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £130k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.