How much does Welland Power Limited make?

Welland Power Limited reported revenue of £11.4m and a loss of £57k in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Welland Power Limited have?

Welland Power Limited reported an average of 26 employees in the year to 31 Mar 2026.

Is Welland Power Limited profitable?

No — Welland Power Limited reported a loss of £57k in the year to 31 Mar 2026.

Company No. 07193695 · Incorporated 17 Mar 2010

Welland Power Limited

Registered name: WELLAND POWER LIMITED

Part of Xeinz Group Limited group

Welland Power Limited made £11.4m revenue and a £57k loss in the year to 31 Mar 2026.

Welland Power Limited’s revenue fell 24% to £11.4m in the year to 31 Mar 2026, with a loss of £57k and 26 employees. The company is classified under “manufacture of electric motors, generators and transformers” and is based in Spalding; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27110Manufacture of electric motors, generators and transformers

Status: Active
Location: Spalding, East of England
Age: 16 yrs · since 2010
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 Mar 2026

Key figures

Capital-lightDoing more with less

Revenue

£11.4m

Growth ▼23.6%

Profit

−£57k

Growth ▼368.5%

Profit margin

−0.5%

Gross 11.9%

Employees

Change ▼21.2%

Profit / employee

−£2.2k

Revenue/employee £437k

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 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.9m	£14.3m	£14.9m	£11.4m
Cost of sales	£14m	£12.8m	£13.3m	£10m
Gross profit	£1.8m	£1.5m	£1.5m	£1.4m
Operating profit	£613k	£111k	£67.7k	−£2.5k
Profit before tax	£523k	£58.4k	£13.3k	−£68k
Profit after tax	£349k	£71k	£21.2k	−£57k
Profit (best available)	£349k	£71k	£21.2k	−£57k
Staff costs	£1m	£1.1m	£1.1m	£852k
Employees (average)	32	35	33	26
Ratios
Profit margin	2.2%	0.5%	0.1%	−0.5%
Gross margin	11.5%	10.5%	10.3%	11.9%
Revenue per employee	£496k	£407k	£451k	£437k
Profit per employee	£10.9k	£2k	£643	−£2.2k
Growth (year on year)
Revenue growth	—	▼10.2%	▲4.3%	▼23.6%
Profit growth	—	▼79.7%	▼70.1%	▼368.5%
Headcount growth	—	▲9.4%	▼5.7%	▼21.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£801k	£619k	£813k	£25.9k
Net assets	£3.5m	£3.5m	£3.6m	£3.5m
Fixed assets	£834k	£827k	£696k	£536k
Current assets	£7.3m	£5m	£6.7m	£5m
Debtors	£1.5m	£1.4m	£1.6m	£1.5m
Deferred income	£33.4k	£146k	£31.7k	£118k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Oct 2026

Derived from the latest filing

How the business works

Profit margin: −0.5%; Profit ÷ revenue.
Gross margin: 11.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £437k; Revenue ÷ average employees.
Profit per employee: −£2.2k; 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: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.5%; 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: ▼2%; Now £3.5m
Cash at bank: ▼97%; Now £25.9k
Headcount: ▼21%; Now 26
Deferred income: ▲271%; Now £118k
Fixed assets: ▼23%; Now £536k

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

Xeinz Group Limitedultimate parent75–100%
Welland Power Limitedthis company

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

Sister companies (1)

Regency Power Generation LimitedFigures not disclosed

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 Mar 2026 (profit −£57k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 22 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.