How much does Upnorth Engineering Services Limited make?

Upnorth Engineering Services Limited reported revenue of £13.5m and a loss of £886k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Upnorth Engineering Services Limited have?

Upnorth Engineering Services Limited reported an average of 115 employees in the year to 31 Mar 2025.

Is Upnorth Engineering Services Limited profitable?

No — Upnorth Engineering Services Limited reported a loss of £886k in the year to 31 Mar 2025.

Company No. 04366405 · Incorporated 4 Feb 2002

Upnorth Engineering Services Limited

Registered name: UPNORTH ENGINEERING SERVICES LIMITED

Part of Upnorth Group Limited group

Upnorth Engineering Services Limited made £13.5m revenue and a £886k loss in the year to 31 Mar 2025. read from filing text

Upnorth Engineering Services Limited’s revenue fell 43% to £13.5m in the year to 31 Mar 2025, with a loss of £886k and 115 employees. The company is classified under “other engineering activities” and is based in Gateshead; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities

Status: Active
Location: Gateshead, North East
Age: 24 yrs · since 2002
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's immediate parent is UpNorth Group Limited, incorporated in England and Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£13.5m

Growth ▼43.2%

Profit

−£886k

Growth —

Profit margin

−6.6%

Gross 46.2%

Employees

115

Change ▼20.1%

Profit / employee

−£7.7k

Revenue/employee £117k

Profitable streak

0yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£15.6m	£26.3m	£23.8m	£13.5m
Cost of sales	£7.4m	£16m	£14.6m	£7.3m
Gross profit	£8.2m	£10.3m	£9.2m	£6.2m
Operating profit	£1.1m	£1.4m	−£564k	−£725k
Profit before tax	£1.1m	£1.4m	−£607k	−£760k
Profit after tax	£943k	£1.2m	−£648k	−£886k
Profit (best available)	£943k	£1.2m	−£648k	−£886k
Staff costs	£5m	£6.3m	£7m	£4.9m
Employees (average)	102	113	144	115
Ratios
Profit margin	6%	4.5%	−2.7%	−6.6%
Gross margin	52.6%	39.2%	38.6%	46.2%
Revenue per employee	£153k	£233k	£165k	£117k
Profit per employee	£9.3k	£10.5k	−£4.5k	−£7.7k
Cash conversion	−19.3%	140.3%	—	—
Growth (year on year)
Revenue growth	—	▲68.5%	▼9.7%	▼43.2%
Profit growth	—	▲25.8%	▼154.6%	—
Headcount growth	—	▲10.8%	▲27.4%	▼20.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£4m	£1.1m	£75.5k
Net assets	£6.1m	£7.3m	£6.6m	£5.7m
Fixed assets	£424k	£1.1m	£855k	£731k
Current assets	£12.1m	£17.5m	£13.6m	£8m
Debtors	£9.5m	£5.4m	£2.7m	£1.5m
Deferred income	—	£1.4m	£912k	£473k
Cash from operations	−£212k	£2m	—	—
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: −6.6%; Profit ÷ revenue.
Gross margin: 46.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: −£7.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.2%; 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: ▼13%; Now £5.7m
Cash at bank: ▼93%; Now £75.5k
Headcount: ▼20%; Now 115
Deferred income: ▼48%; Now £473k
Fixed assets: ▼14%; Now £731k

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

Upnorth Group Limitedultimate parent75–100%
Upnorth Engineering Services Limitedthis company

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

Sister companies (2)

Edge Power Generation & Utility Companies LimitedRev. — · Profit −£36.5k
Metropolis Land & Property Developments LimitedRev. — · Profit £128k

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 Mar 2025 (profit −£886k), from the Companies House accounts bulk data published Mar 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.