How much does Promec Engineering Ltd make?

Promec Engineering Ltd reported revenue of £13.8m and a loss of £313k in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Promec Engineering Ltd have?

Promec Engineering Ltd reported an average of 77 employees in the year to 31 Oct 2025.

Is Promec Engineering Ltd profitable?

No — Promec Engineering Ltd reported a loss of £313k in the year to 31 Oct 2025.

Company No. 06724413 · Incorporated 15 Oct 2008

Promec Engineering Ltd

Registered name: PROMEC ENGINEERING LTD

Promec Engineering Ltd made £13.8m revenue and a £313k loss in the year to 31 Oct 2025. read from filing text

Promec Engineering Ltd’s revenue grew 12% to £13.8m in the year to 31 Oct 2025, with a loss of £313k and 77 employees. The company is classified under “construction of utility projects for fluids” and is based in Chepstow; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42210Construction of utility projects for fluids SIC 42990Construction of other civil engineering projects n.e.c.SIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Chepstow, Wales
Age: 17 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 31 Oct 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£13.8m

Growth ▲11.8%

Profit

−£313k

Growth ▼175%

Profit margin

−2.3%

Gross 19.6%

Employees

Change ▲16.7%

Profit / employee

−£4.1k

Revenue/employee £179k

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 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£12.3m	£13.8m
Cost of sales	—	—	£9.5m	£11.1m
Gross profit	—	—	£2.8m	£2.7m
Operating profit	—	—	£632k	−£458k
Profit before tax	—	—	£621k	−£474k
Profit after tax	—	—	£418k	−£313k
Profit (best available)	—	—	£418k	−£313k
Staff costs	—	—	£3.6m	£4.5m
Employees (average)	26	41	66	77
Ratios
Profit margin	—	—	3.4%	−2.3%
Gross margin	—	—	23.1%	19.6%
Revenue per employee	—	—	£186k	£179k
Profit per employee	—	—	£6.3k	−£4.1k
Cash conversion	—	—	−233%	—
Growth (year on year)
Revenue growth	—	—	—	▲11.8%
Profit growth	—	—	—	▼175%
Headcount growth	—	▲57.7%	▲61%	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£414k	£311k	£1.1m	£419k
Net assets	£402k	£662k	£954k	£162k
Fixed assets	£265k	£345k	£709k	£496k
Current assets	£1.3m	£1.6m	£2.9m	£2.6m
Debtors	£619k	£744k	£783k	£755k
Deferred income	—	—	£347k	£157k
Cash from operations	—	—	−£1.5m	−£39.4k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −2.3%; Profit ÷ revenue.
Gross margin: 19.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £179k; Revenue ÷ average employees.
Profit per employee: −£4.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.5%; 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: ▼83%; Now £162k
Cash at bank: ▼61%; Now £419k
Headcount: ▲17%; Now 77
Deferred income: ▼55%; Now £157k
Fixed assets: ▼30%; Now £496k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£313k), from the Companies House accounts bulk data published Jul 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.